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Law firm launches action against Medibank as raw data released
Privacy & Cybersecurity 2022-12-01 3:00 pm By Christine Caulfield

Medibank faces a representative proceeding over last month’s data breach that exposed the sensitive information of millions of customers, as the private health insurer reveals […]

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Allianz loses fight with Probuild over $1B West Side Place development bonds
Insurance 2022-11-24 3:05 am By Sam Matthews

Insurer Allianz has lost its bid to claw back millions in performance bonds provided to collapsed building company Probuild in relation to works at a […]

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ASIC calls for $7.5M penalty against defunct funeral insurer that ‘preyed’ on First Nations people
Insurance 2022-11-22 10:45 pm By Cindy Cameronne

ASIC is seeking $7.5 million in penalties against failed ACBF Funeral Plans and parent company Youpla Group for misrepresenting to customers that it was Indigenous-owned […]

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Lloyd’s underwriters dodge coverage for EP Financial negligence suit
Insurance 2022-11-21 10:44 pm By Sam Matthews

A group of Lloyd’s underwriters are off the hook for financial services company EP Financial Services’ costs in an lawsuit over allegedly negligent financial advice, […]

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Insurer on hook for breast implant class action costs after High Court snub
High Court 2022-11-18 11:18 pm By Cat Fredenburgh

Avant Insurance has lost its bid to challenge a ruling which put it on the hook for indemnifying a plastic surgeon in class action proceedings […]

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Banks reach $126M settlement in consumer credit insurance class actions
Financial Services 2022-11-14 10:27 am By Christine Caulfield

Three of the Big Four banks have agreed to pay a total of $126 million to settle class actions on behalf of up to one […]

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Class action firms circle Medibank over cyberattack
Class Actions 2022-11-14 12:23 pm By Cat Fredenburgh

Medibank is facing another class action investigation over a massive data breach that left the personal information of almost 10 million customers exposed, just days […]

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Court slaps Smile Direct Club with $3.5M penalty for misleading insurance claims
Competition & Consumer Protection 2022-11-11 6:12 am By Cat Fredenburgh

A judge has ordered Smile Direct Club and its Australian unit to pay a $3.5 million penalty and reimburse customers for misleading them into believing […]

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Medibank faces potential class action over breach as hacker posts data
Privacy & Cybersecurity 2022-11-08 8:12 am By Christine Caulfield

A class action investigation over the data breach that exposed the personal information of almost 10 million Medibank customers is underway, with two law firms […]

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Medibank won’t pay ransom to criminal behind cyberattack
Privacy & Cybersecurity 2022-11-07 11:30 pm By Cat Fredenburgh

Medibank will not pay a ransom to a criminal who stole the data of 9.7 million customers, saying it would encourage extortion. In a position […]

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