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Judge spots ‘fundamental flaw’ in NAB insurance class action settlement
Class Actions February 25, 2020 10:25 pm By Miklos Bolza

A judge has questioned whether he should sign off on a $49.5 million settlement in a class action against National Australia Bank over allegedly worthless […]

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TAL refutes ASIC claims, stands by denial of coverage for cancer patient
Insurance February 24, 2020 2:24 pm By Cat Fredenburgh

Life insurer TAL has stood by its decision to deny coverage to a cancer patient, which landed it in hot with the Australian Securities and […]

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‘Negligent’ insurance broker must pay client’s copyright settlement with Microsoft
Intellectual Property February 24, 2020 9:17 pm By Christine Caulfield

An insurance broker breached its duties to a software company and must cover the costs of a settlement it reached with Microsoft for copyright infringement, […]

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Westpac slams Shine’s ‘sales pitch’ in class action opt out notice
Class Actions February 21, 2020 10:21 pm By Miklos Bolza

Westpac has criticised Shine Lawyers for allegedly turning a registration and opt out notice to class action members into a ‘sales pitch’ designed to book-build […]

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High Court declines to weigh in on insurance coverage for $6M class action settlement
Insurance February 14, 2020 10:51 pm By Cat Fredenburgh

The High Court has declined two insurers’ request for review of a decision that left them on the hook for covering part of a $6 […]

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Funder to continue backing Westpac insurance class action, for now
Class Actions February 12, 2020 11:43 am By Miklos Bolza

The funder behind a class action against Westpac over allegedly excessive insurance premiums has confirmed that it will continue backing the case despite earlier concerns […]

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Dick Smith class actions headed for March trial after mediation fails
Class Actions February 10, 2020 11:00 am By Cat Fredenburgh

Two shareholder class actions against failed electronics retailer Dick Smith will head to trial in March, after a failed attempt to resolve the long-running dispute […]

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Clyde & Co continues raid on Norton Rose to fuel Australia growth
People In The News February 7, 2020 10:08 pm By Cat Fredenburgh

Clyde & Co has snagged three insurance partners from Norton Rose Fulbright, as the global firm continues to expand in Australia. Insurance partners Nicole Wearne, […]

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Judge hits AMP with $5.2M penalty, says greedy financial adviser was ‘in the right place’
Financial Services February 5, 2020 11:05 am By Miklos Bolza

The Federal Court has imposed a penalty of almost $5.2 million on AMP Financial Planning after finding it was “reckless” in its “lamentable failure” to […]

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Judge OKs $29M settlement in Radio Rentals class action
Class Actions January 9, 2020 1:12 pm By Christine Caulfield

A judge has given his seal of approval to a $29 million settlement that resolves a class action over Radio Rentals’ Rent, Try, $1 Buy […]

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