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Builder CPB sues insurers over coverage for defective CityLink signs
Construction 2025-01-16 11:04 pm By Sam Matthews Melbourne
CPB Contractors has sued its insurers for their refusal to cover $9.5 million in costs incurred fixing defective road signs on the CityLink extension in Melbourne.
CIMIC loses appeal against insurers over coverage for Iraq bribery cases
Insurance 2024-09-19 11:04 pm By Sam Matthews Melbourne
Insurers have won a challenge to a declaration that engineering firm CIMIC could make claims under policies for costs arising from corruption cases, including a $32 million class action settlement.
Sunwater loses dispute with Liberty over coverage for Queensland floods class action
Insurance 2021-12-08 3:32 pm By Miklos Bolza Sydney
Liberty Mutual Insurance does not have to indemnify dam operator Sunwater for its share of a $440 million settlement of the Queensland floods class action, the NSW Supreme Court has found.
QBE wins appeal in Opal Tower coverage row with Icon, but no success for Liberty
Insurance 2021-07-21 6:04 pm By Miklos Bolza Sydney
The Full Federal Court has found that Liberty Mutual Insurance, but not QBE, is required to cover Icon Construction's losses stemming from the Opal Tower disaster, which has caused the builder $31 million in losses.