Almost half a decade after the first powerful quake shook the
Canterbury region in 2010, we might expect earthquake-related legal
insurance work to be tailing off. While the opposite is true
– 3,000 reclassified cases is just one of many catalysts for
new work – there are a number of other maritime and
regulatory risks driving insurance activity in the legal
industry.
It's been almost five years since Canterbury was charged
with a 7.1 magnitude earthquake, the first of many powerful quakes
to hit the region from September 2010.
The following February, 185 people lost their lives as a deadly
6.3 magnitude quake struck closer to Christchurch. It changed the
city and its residents forever, and several years on, many of them
are still dealing with the aftershocks as they attempt to rebuild
their lives.
