Insurance

A class action against Insurance Australia wants to add car insurance customers to the case, and says extra defence costs by IAL -- which has already spent a "disproportionate" $3 million -- shouldn't bar the new claims.

Credit Suisse has dropped its claim for indemnity against insurance agent BCC under a trade credit policy issued prior to Greensill Capital’s collapse in 2021, with a judge hearing the admission marks a "complete u-turn in the case".

Clyde & Co has lured a partner from Gilchrist Connell to lead its employment practice, amid growing employment-related risks for insurers.

A tribunal has found the public interest favours disclosure of information about how premiums are calculated under the state's home building insurance scheme, partly overturning a decision refusing access to documents sought by Maurice Blackburn.

A recycling company has lost its bid to recover millions of dollars from its insurers, with a judge finding the insurers were not on the hook for losses arising from an EPA cleanup.

A judge says a shareholder class action against IAG can add a new damages claim, despite the insurer arguing it was untethered from any contravention and “clearly bad in law”.

A judge has sounded the alarm bell about regulators launching appeals to re-litigate enforcement proceedings, in a recent decision tossing the corporate cop's appeal in a case against insurer HCF Life.

IAG has made a strategic investment in modular building company Spacecube following a successful pilot program in Victoria during the January bushfires.

US-based advisory firm White Oak, which has sued insurer IAL over the collapse of Greensill Capital, has been ordered to hand over WhatsApp messages between its former CEO and billionaire Sanjeev Gupta. 

Insurer QBE has admitted liability in ASIC’s case alleging it made empty promises to over half a million customers on policy discounts, but a dispute over the size of the penalty remains.