EQC, homeowners settle insurance disputes out of court
The Earthquake Commission (EQC) and hundreds of homeowners with unresolved quake insurance claims are making peace at least outside of court. More than 700 court cases against EQC have been withdrawn by homeowners, with them agreeing to enter direct settlement with the insurer, Stuff reports. The decision is said to be part of an effort to minimise future legal costs to EQC.