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Allianz says joint class action would eliminate competition in contingency fee rates
Class Actions 2021-07-16 3:21 pm By Christine Caulfield

Consolidation of two consumer class actions against Allianz would do away with competition in a contest to lead a single case that would force a drop in the contingency fee rates of the rival law firms, the insurance giant has told a court.

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ASIC wants Allianz to pay $1.5M penalty for travel insurance sold on Expedia
Insurance 2021-07-13 1:46 pm By Miklos Bolza

ASIC is seeking $1.5 million in penalties against insurers Allianz and AWP after they admitted to misleading or deceiving the public by selling travel insurance to ineligible customers through three Expedia-owned websites.

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ACCC frowns on Smile Direct’s health care coverage claims
Johnson Winter Slattery 2021-07-13 1:25 pm By Bianca Hrovat

The Australian Competition and Consumer Commission has taken legal action against international dental care company Smile Direct Club for allegedly misleading tens of thousands of consumers with claims they would be eligible for private health insurance coverage for their aligner teeth straighteners.

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Law firms reverse course on novel alternative to beauty parade in Allianz class actions
Insurance 2021-07-13 1:13 pm By Cat Fredenburgh

Two law firms running competing class actions against insurance giant Allianz have dropped a plan to resolve the duplication by jointly running just one of the cases, opting for consolidation instead.

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How a fall on the world dance stage prepped Lander & Roger’s Melissa Tan for complex litigation
Litigation Rising Stars 2021-07-12 10:30 pm By Miklos Bolza

Lander & Rogers special counsel Melissa Tan brings the same fierce work ethic and tenacity when competing in Latin dancing competitions around the globe that she does to working on complex insurance disputes.

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Failed insurance brokerage can’t get cover from Chubb for director’s alleged theft
Insurance 2021-07-12 3:47 pm By Cindy Cameronne

A judge has denied defunct insurance broker All Class Insurance its bid for indemnity cover for the alleged theft of company funds by its director, finding the director misappropriated trust funds and fraudulently did not disclose the conduct to insurer Chubb Insurance.

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Zurich unit OnePath to refund $35M to tens of thousands of life insurance customers
Financial Services 2021-07-12 3:17 pm By Bianca Hrovat

Zurich Group life insurance subsidiary OnePath Life will refund $35 million to 40,000 customers who were sold life insurance over the phone and were subject to “egregious” sales practices.

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Second COVID-19 insurance test case to be decided by end of year
COVID-19 2021-07-07 1:38 pm By Cat Fredenburgh

A COVID-19 business interruption test case that was filed in the Federal Court following a landmark loss for insurers in test case before the NSW Court of Appeal, will be determined along with any appeals by the end of the year, a judge has said.

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Insurer must cover breast implant doctor’s class action defence costs
Insurance 2021-07-06 1:29 pm By Christine Caulfield

A surgeon facing class action claims from breast implant patients of the defunct The Cosmetic Institute has won his legal battle against an insurer that denied coverage for his defence costs.

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Quintis class actions reload as insurance brawl delays settlement approval
Class Actions 2021-07-05 4:54 pm By Miklos Bolza

Two shareholder class actions against sandalwood producer Quintis that reached an in principle settlement over a year ago are moving forward following a protracted dispute over insurance, with the lead applicants getting approval to file proposed amended pleadings.

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