Most Recent
Judge calls for joint expert report in ASIC’s insurance churn case against AMP
Financial Services 2019-04-08 7:57 pm By Miklos Bolza

An argument over the admissibility of an expert report produced by the Australian Securities and Investments Commission in its insurance churn case against AMP was sidestepped Monday, with a judge proposing experts from both sides instead file a joint report in the case.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Lawsuit claims HWL partner helped divert insurance proceeds to settle legal tab
Legal Ethics 2019-04-03 11:29 pm By Cat Fredenburgh

An insolvent mobile ticketing company wants a slew of documents from HWL Ebsworth related to its allegations that an HWL partner aided its former directors in diverting the proceeds of a life insurance policy to pay money owed to the firm.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

AMP wants expert report tossed in ASIC insurance churn case
Financial Services 2019-03-26 10:11 pm By Cat Fredenburgh

AMP will challenge the admissibility of an expert report central to ASIC’s case over alleged insurance churning by one of the wealth manager’s former financial advisers, after a judge called on the regulator to be more transparent about its communication with the experts in the case.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

NAB wasn’t powerless to alter credit card insurance policies, class says
King & Wood Mallesons 2019-02-26 9:47 pm By Cat Fredenburgh

The lead plaintiff in a class action alleging National Australia Bank pushed worthless credit card insurance onto its customers is disputing the bank’s claims that it had no power to negotiate the terms of the policies.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Global insurer Jardine Lloyd Thompson can access names of local councils behind class action
Class Actions 2019-02-21 9:15 pm By Miklos Bolza

Global insurer Jardine Lloyd Thompson has won access to the identities of local councils suing it in a NSW class action brought by Quinn Emanuel alleging the broker charged the councils excessive premiums.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

AIG appeals ruling in Kaboko Mining D&O coverage dispute
Insurance 2019-01-30 3:43 pm By Christine Caulfield

AIG Australia has appealed a decision that found it’s liable for covering four former directors being sued by collapsed Kaboko Mining after a failure to repay a US$5.95 million loan allegedly led to the company’s insolvency.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Court demands greater transparency from ASIC in AMP insurance case
Financial Services 2019-01-30 3:17 pm By Miklos Bolza

ASIC has been ordered to reveal the extent of its communications with experts that are compiling a report central to its case against AMP over alleged insurance churning by one of its former financial advisers.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

NAB says customers could decide if credit card insurance was ‘worthless’
Financial Services 2019-01-16 12:01 pm By Miklos Bolza

National Australia Bank has rejected a class action’s claims that it pushed worthless credit card insurance onto its customers, saying it was up to the customers to determine the true value of the coverage.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Judge waives opt out notice in HIH Insurance class actions
Restructuring & Insolvency 2019-01-09 11:41 pm By Cat Fredenburgh

A judge has dispensed with the opt out notice requirement in two class actions filed in administration proceedings related to the spectacular collapse of HIH Insurance.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Full Court tosses ACCC appeal in Medibank disclosure case
Competition & Consumer Protection 2018-12-20 10:42 pm By Christine Caulfield

The Australian Competition and Consumer Commission has lost an appeal of a ruling that dismissed its case over allegedly inadequate disclosures by private health insurer Medibank relating to member benefits.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?