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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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Insurers on hook for Opal Tower class action costs after failed appeal
Insurance 2024-09-20 3:25 pm By Cindy Cameronne

Two insurers have come up short in their appeal of a ruling that put them on the hook for the costs of Opal Tower consultant engineer WSP in a class action by residents.

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CIMIC loses appeal against insurers over coverage for Iraq bribery cases
Insurance 2024-09-19 11:04 pm By Christine Caulfield

Insurers have won a challenge to a declaration that engineering firm CIMIC could make claims under policies for costs arising from corruption cases, including a $32 million class action settlement.

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Cybersecurity class actions to increase with latest reforms
Analysis 2024-09-13 11:22 pm By Cindy Cameronne

Expect more cybersecurity class actions following the introduction of a new statutory tort for serious invasions of privacy, experts on both sides of the bar table told Lawyerly.

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