James Hardie did not have cover for leaky home claims – report

An Insurance Business Magazine article.

Building materials manufacturer James Hardie was aware it did not have insurance cover for a potentially huge number of leaky building claims, an auditor told the Auckland High Court.

Auditor James Ross said that “any sensible company director” should’ve been alarmed at the business realities faced by James Hardie, according to a report by the New Zealand Herald.

To read more, click here.