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‘All or nothing gamble’: Law firm slams Aussie Home Loans declassing bid
Insurance 2025-06-02 11:27 pm By Christine Caulfield

Mortgage broker Lendi Group and insurer ALI Group want a proceeding on behalf of tens of thousands of Aussie Home Loans customers to be stripped of class action status.

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Marsh points finger at UBS in $7B Greensill cases
Financial Services 2025-05-27 11:24 pm By Cindy Cameronne

Insurer Marsh has fired off a cross-claim against Swiss bank UBS in several cases brought over Greensill’s $1.7 billion collapse. 

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Toyota Finance hit with class action over add-on insurance
Class Actions 2025-05-26 11:56 pm By Cindy Cameronne

Toyota Finance has been hit with a class action alleging customers paid thousands for ‘junk’ add-on insurance, on the heels of a law firm’s unsuccessful bid to add the claims to an existing class action over flex commissions. 

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IAG’s $855M acquisition of RACQ Insurance cleared by ACCC
M&A 2025-05-22 12:44 pm By Christine Caulfield

The Australian Competition and Consumer Commission will not oppose IAG’s acquisition of RACQI, saying more established insurers will still be able to compete in Queensland.

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Clyde & Co nabs Kennedys insurance expert to grow casualty claims practice
Insurance 2025-05-12 11:58 pm By Julia Kanapathippillai

A personal injury and insurance expert from Kennedys has joined Clyde & Co’s partnership in Brisbane.

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Court orders HCF to pay $750K for misleading life insurance term
Insurance 2025-05-08 11:44 pm By Julia Kanapathippillai

HCF Life insurance has been hit with a $750,000 penalty for including a pre-existing condition term in a life insurance policy, which a judge found was likely to mislead.

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ANZ sues insurers for $117M in coverage for class action settlements
Insurance 2025-05-07 11:39 pm By Sam Matthews

ANZ has sued several insurers seeking coverage for two class action settlements totalling $117 million, plus defence costs, in cases stemming from the banking royal commission. 

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Construction PRO
Insurer defeats $13M claim by Parklea development owners corporation
Construction 2025-05-08 11:17 pm By Andy Sidler

The owners corporation of a 98-unit Parklea development by defunct builder Dyldam Developments has failed in its attempt to claim insurance for building defects in a property completed 17 years ago, with a court finding that time was up. 

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Linchpin class action settlement with AIG wins court approval
Class Actions 2025-05-05 11:01 pm By Andy Sidler

A judge has signed off on a settlement in a class action by investors in failed advisory firm Linchpin Capital, with insurer AIG paying $12.15 million and forfeiting its right to appeal a liability finding.

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Suncorp units, TAL to pay $34M to settle add-on insurance class action
Class Actions 2025-04-29 11:55 pm By Cat Fredenburgh

Two Suncorp units and insurer TAL Life have agreed to pay $34 million to settle a class action over allegedly worthless add-on insurance sold at car dealerships.

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