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Corporate wrongdoing is the real reason D&O premiums in Australia are rising
Expert Insights 2020-07-03 4:25 pm By

Part of the sustained attack currently being waged against litigation funders in Australia relates to the impact of funded class actions on the cost of […]

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More law firms pulled into Quintis class action as $46M insurance dispute heats up
Insurance 2020-07-03 4:06 pm By Alison Eveleigh

Three law firms will represent the insurers in new proceedings launched to resolve a $46 million insurance question delaying settlement of two shareholder class actions […]

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Opal Tower concrete supplier sues insurer over class action coverage
Insurance 2020-07-01 2:10 pm By Miklos Bolza

The prefab concrete specialist behind Sydney’s Opal Tower has filed a lawsuit against Chubb Insurance seeking to force the insurer to cover its costs of […]

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Opal Tower apartment owners file lawsuit against NSW Government
Construction 2020-06-29 11:00 pm By Cat Fredenburgh

Owners of units in Sydney’s Opal Tower have filed a lawsuit against the NSW Government and builder Icon after allegedly discovering more than 500 additional […]

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ANZ says allegedly worthless insurance policies gave customers ‘peace of mind’
Class Actions 2020-06-16 6:15 pm By Alison Eveleigh

ANZ has denied claims that it sold allegedly worthless insurance to group members in a class action against the banking giant, and has said the […]

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Judge slams ‘deficient’ explanation behind $2.9M penalty in ACCC, HealthEngine case
Competition & Consumer Protection 2020-06-05 2:12 pm By Miklos Bolza

A penalty hearing in the ACCC’s case against health booking company HealthEngine over misleading online reviews has been adjourned after a judge criticised the parties’ […]

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Court urges investigation into SMSF advisor’s ‘calculated deception’
Financial Services 2020-05-12 2:59 pm By Miklos Bolza

A judge will ask the NSW Attorney General to launch a criminal or regulatory investigation into a Hunter Valley-based financial advisor whose alleged fraudulent conduct […]

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Quintis class action settlement delayed after insurance policy ‘cock-up’
Class Actions 2020-05-07 4:03 pm By Alison Eveleigh

The settlement of two shareholder class actions against sandalwood producer Quintis has been delayed after the company’s eleventh-hour revelation that it may have an extra […]

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Murray Goulburn sues insurer for $8.85M to recover class action costs
Insurance 2020-05-07 2:29 pm By Christine Caulfield

Dairy cooperative Murray Goulburn has launched proceedings against AIG Australia seeking to recover 20 per cent of a $42 million class action settlement it paid, […]

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ASIC targets insurer Youi for taking two years to settle hail damage claim
Insurance 2020-04-16 3:38 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has taken action on another banking royal commission case study, filing court proceedings against insurer Youi for allegedly taking […]

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