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‘We can make a really strong case’: ANZ hopeful of ACCC approval for $4.9B Suncorp buy
Competition & Consumer Protection 2022-07-18 11:10 pm By Christine Caulfield

ANZ is optimistic its proposed $4.9 billion acquisition of insurer Suncorp’s banking unit will be cleared by the competition regulator, and is counting on the […]

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Suncorp Group settles class action ahead of 25-day trial
Class Actions 2022-05-23 1:07 pm By Sam Matthews

A unit of Suncorp Group has reached an in-principle settlement in a class action over alleged conflicted remuneration on the first day of an expected […]

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‘It’s not a good look’: Judge doesn’t want Suncorp class action to ‘hang around’
Class Actions 2021-06-02 9:35 pm By Miklos Bolza

The judge overseeing a conflicted remuneration class action against Suncorp has locked in a trial date for May next year over the protests of the […]

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Suncorp unit hit with class action over add-on insurance
Class Actions 2021-04-16 5:24 pm By Miklos Bolza

Suncorp subsidiary AAI Limited has been hit with a class action over allegedly misleading add-on insurance sold at car dealerships. The Maurice Blackburn-led class action […]

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Judge slams rejigged opt out notice, funder’s ‘contrivance’ in Suncorp class action
Class Actions 2020-08-13 4:58 pm By Miklos Bolza

A judge has criticised a revised opt out notice in a class action against Suncorp over allegedly conflicted remuneration and again slammed the funder backing […]

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Coverforce shareholder can use docs from Resilium row in new lawsuit
Insurance 2020-08-12 6:23 pm By Alison Eveleigh

The majority shareholder in insurance broker Coverforce has won its bid to use documents from an existing lawsuit over the company’s $25 million acquisition of […]

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Royal commission class actions keep rolling in, one year after Hayne report
Financial Services 2020-01-23 7:13 pm By Cat Fredenburgh

A year after Commissioner Kenneth Hayne released his scathing report, companies in the financial services sector are still facing fresh class actions over conduct aired […]

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‘Only I get to use Latin’: Unconscionable conduct claim is in, ‘inter alia’ is out in Suncorp class action
Class Actions 2019-12-16 9:27 pm By Miklos Bolza

The judge overseeing a conflicted remuneration class action against Suncorp has allowed the class to bring an unconscionable conduct claim, but put the kibosh on […]

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Suncorp unit can force reversal of Coverforce acquisition, court says
Corporate 2019-12-10 9:52 pm By Christine Caulfield

The head of Australia’s largest unlisted insurance broker, Coverforce, may face a future damages claim for misleading or deceptive conduct if a recent acquisition of […]

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ASIC calls out insurers, super funds for selling ‘junk’ TPD insurance
Insurance 2019-10-17 5:09 pm By Amelia Birnie

AMP, Asteron and Westpac have been singled out by ASIC for having higher than expected decline rates for total and permanent disability life insurance claims, […]

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