see stuff - http://www.stuff.co.nz/national/10134984/Labour-promises-quake-court-and-flooding-work
I think the key statement here is "All costs, including lawyers' charges and expert witness fees, would be paid for by the Crown, which would recoup them from the insurance companies and EQC as a levy in proportion to the size of the awards made by the court"
This basically means that everybody's insurance premiums will go up. How much are they expecting this to cost, my guess is they have no idea especially when you are covering lawyer and "expert witness" fees.
And inst EQC already broke?
Crazy IMO