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Salter Brothers sues insurer to cover $3.5M in costs to defend client’s lawsuit
Insurance 2024-10-29 11:38 pm By Cindy Cameronne

Investment manager Salter Brothers has sued XL Insurance, saying it has “unreasonably delayed” covering the costs of defending a former client’s lawsuit alleging misleading conduct.

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ASIC wins case over life insurer’s misleading ‘pre-existing condition’ term
Insurance 2024-10-29 11:04 pm By Cindy Cameronne

ASIC has won its case against insurer HCF Life over a pre-existing condition term that was likely to mislead the public, but failed to convince the court that it was an unfair contract term. 

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AAI class action wants to press mandatory insurance claim at trial
Class Actions 2024-10-25 11:26 pm By Andy Sidler

A ‘junk’ insurance class action against Suncorp unit AAI wants an initial trial to deal with the claim — absent a sample group member — that car dealers made purchasing a policy necessary for a loan.

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QBE made empty promises on policy discounts, ASIC says in new case
Insurance 2024-10-23 8:45 am By Christine Caulfield

The corporate regulator has brought court action against QBE Insurance alleging it misled over half a million customers over policy discounts.

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Insurers in High Court fight over Opal Tower class action costs
Insurance 2024-10-22 4:47 pm By Cat Fredenburgh

The High Court has been asked to take up an appeal by insurers over coverage for the class action defence costs of Opal Tower’s consultant engineer.

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Nuix takes insurers to court over coverage for legal bills
Insurance 2024-10-17 11:29 pm By Cat Fredenburgh

Nuix has taken a slew of insurers to court seeking coverage of legal bills incurred in defending multiple class actions and proceedings by the Australian Securities and Investments Commission.

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Greensill Bank administrator wins tit-for-tat injunction against Marsh
Insurance 2024-10-16 11:24 pm By Sam Matthews

In the tangled legal fallout of the $7 billion collapse of Greensill Capital, the administrator of the failed financier’s bank has secured a so-called anti, anti-suit injunction against an arm of insurer Marsh.

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Clyde & Co insurance team departs for Colin Biggers Paisley
Business of Law 2024-10-15 3:39 pm By Andy Sidler

A team from Clyde & Co has made the jump to Colin Biggers & Paisley, following seasoned insurance partner Patrick Boardman. 

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Medibank admits lack of multi-factor authentication partly to blame for breach
Privacy & Cybersecurity 2024-10-01 11:21 pm By Cindy Cameronne

Medibank has denied breaching privacy rules in response to the regulator’s case over a 2022 cyber attack, but has admitted sensitive data was hacked in part because its network lacked multi-factor authentication. 

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‘Horse has bolted’: Judge declasses COVID-19 insurance class actions
Insurance 2024-09-23 11:14 pm By Cindy Cameronne

Four proceedings over COVID-19 business interruption losses will be stripped of class action status, with a judge saying most of the common issues were already determined in test cases.

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