Insurance

A judge has rejected a Double Bay property owner’s bid to put Chubb on the hook for any damages a builder may owe for alleged defects. 

A judge has slammed a Herbert Smith Freehills Kramer partner's submission that it is not good practice to subpoena witnesses in complex litigation -- saying this was "news to [her]" -- and rejected client AMP's bid to have a key witness testify from an Airbnb.

The applicant in one of four declassed COVID-19 business interruption class actions has reached a settlement under which it will receive $100,000 and the funder the backed the case will pay $1 million towards Insurance Australia's costs.

Funeral insurer ACBF has been hit with a $3.5 million penalty for “callous” and “egregious” misrepresentations to Indigenous customers that its business was Aboriginal owned or managed.

The corporate regulator has appealed a Federal Court decision that rejected part of its case against HCF Life Insurance over a pre-existing condition term in its policies that was found to be misleading but not unfair.

AMP is facing a new class action alleging certain superannuation fund members were hit with inflated premiums over a five-year period, after arguing a similar matter was "in search of a case" more than four years after being filed. 

Maurice Blackburn's costs in running a 'junk' insurance class action which settled for $34 million will not be fully covered under a 25 per cent group costs order, a court has heard. 

Private health insurer Bupa has admitted to misleading thousands of customers about their private health insurance benefits and has agreed to cop a $35 million penalty in a case by the consumer watchdog.

A judge has dismissed applications by mortgage broker Lendi Group and insurer ALI Group to declass a group proceeding over allegedly worthless mortgage insurance, saying it would be more efficient for the claims to advance as a class action.