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Lawsuit claims HWL partner helped divert insurance proceeds to settle legal tab
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.
AMP wants expert report tossed in ASIC insurance churn case
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.
NAB wasn’t powerless to alter credit card insurance policies, class says
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.
Global insurer Jardine Lloyd Thompson can access names of local councils behind class action
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.
AIG appeals ruling in Kaboko Mining D&O coverage dispute
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.
Court demands greater transparency from ASIC in AMP insurance case
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.
NAB says customers could decide if credit card insurance was ‘worthless’
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.
Judge waives opt out notice in HIH Insurance class actions
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.
Full Court tosses ACCC appeal in Medibank disclosure case
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.
United Petroleum unit appeals loss against Allianz over fire coverage
A Queensland ethanol refinery owned by United Petroleum has appealed a judge's ruling that insurer Allianz Australia did not have to provide coverage for damage resulting from a 2016 fire.