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IAG hit with shareholder class action over COVID-19 risk disclosures
Class Actions 2022-08-01 11:40 pm By Christine Caulfield

Insurance Australia Group faces a class action by shareholders over its disclosures connected to the impact of COVID-19 claims by policyholders. The class action, filed […]

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Chubb falls short in $2.3M dispute over coverage for Inchcape ransomware attack
Privacy & Cybersecurity 2022-08-01 5:53 pm By Cindy Cameronne

A judge who lashed “unsatisfactory cooperation” between Chubb and British automotive distributor Inchcape has found the insurer’s policy covers some but not all costs stemming […]

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Zurich won’t OK NZ apartments class action as it mulls High Court appeal
Class Actions 2022-07-29 1:11 pm By Cindy Cameronne

Irish insurer Zurich Insurance has refused consent for a class action over a defective New Zealand apartment block to proceed in the NSW Supreme Court […]

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Insurers off hook over coverage for CIMIC Iraq bribery cases
Insurance 2022-07-27 2:02 pm By Sam Matthews

A judge has slashed engineering services firm CIMIC Group’s ten insurance claims almost in half, finding that the company failed to notify five insurers of […]

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Moray & Agnew resolves case against insurer over $3.7M settlement with developer
Insurance 2022-07-27 3:16 pm By Christine Caulfield

Law firm Moray & Agnew has reached an agreement with insurer Arch Underwriting in its case seeking coverage of part of a $3.7 million settlement […]

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ASIC can pursue defunct funeral insurer in case of ‘clear public interest’
Insurance 2022-07-25 3:30 pm By Cindy Cameronne

A judge has given ASIC the green light to continue proceedings against a defunct funeral insurer which allegedly misled Aboriginal customers about being Indigenous-owned and […]

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ASIC loses bid for early punishment against Select AFSL
Competition & Consumer Protection 2022-07-22 10:07 pm By Cindy Cameronne

A judge has shot down ASIC’s bid for declarations against life insurer Select AFSL before a penalty hearing after finding that the insurer acted unconscionably […]

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Zurich loses bid to shut down NZ apartments class action
Insurance 2022-07-21 1:40 pm By Cindy Cameronne

Irish insurer Zurich Insurance has lost its appeal seeking to shut down a class action filed against it in the NSW Supreme Court over a […]

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Life insurer Select AFSL used unconscionable phone sales tactics, court finds
Insurance 2022-07-11 2:25 pm By Cindy Cameronne

Insurer Select AFSL acted unconscionably when selling life, funeral and accidental injury insurance over the phone, a court has found in a case brought by […]

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Zurich rails against ‘exorbitant exercise’ of power in NZ apartment class action
Class Actions 2022-07-06 7:31 pm By Sam Matthews

Irish insurer Zurich Insurance has appealed a judge’s finding that a class action filed against it in the NSW Supreme Court over a defective New […]

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