20 Nov 2014

EQC court bill tops $5.5 million

12:46 pm on 20 November 2014

The Earthquake Commission (EQC) has spent more than $5.5 million on court action to settle claims arising from the Canterbury earthquakes.

Official figures show since September 2010, the commission has been involved in 151 High Court cases - including two declaratory judgements, 69 District Court cases and 14 disputes tribunal cases - costing $5,548,250.

It has spent a further $341,743 on expert advice during those proceedings.

EQC chief executive Ian Simpson said in most of those cases the commission was a party to a dispute between a private insurer and a claimant.

He was satisfied the commission had achieved value for money on litigation.