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ACCC won’t give Catholic hospitals blessing to boycott private insurers
Healthcare 2024-12-19 11:45 pm By Christine Caulfield

The competition regulator plans to block a group of Catholic hospital operators from collectively boycotting large private health insurers in the event funding negotiations fail.

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Maurice Blackburn’s class action risk too high to duck security, court told
Class Actions 2024-12-16 11:27 pm By Andy Sidler

Maurice Blackburn should provide $1.77 million in security in a class action over add-on insurance because the firm faces high risks in other class actions which could affect its ability to cover an adverse costs order, a court has heard.

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Lead auditor for collapsed Greensill suspended for multiple failures
Financial Services 2024-12-16 11:13 pm By Cindy Cameronne

The lead auditor for the collapsed Greensill group, which was wound up in 2021 with claims over $1.7 billion, has been suspended until June 2026 for failing to adequately carry out his duties. 

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Judge hearing Cbus case slams ‘false economy’ of concise statements
Suresh Senathirajah 2024-12-13 11:16 pm By Sam Matthews

The judge hearing ASIC’s case against super fund Cbus has criticised the practice of exchanging concise statements and responses, saying it was a “false economy” of time and cost savings.

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Monash IVF class action wants bulk of late members shut out of $56M deal
Class Actions 2024-12-12 11:28 pm By Sam Matthews

A class action on behalf of 700 patients alleging Monash IVF destroyed potentially viable embryos has told a court the majority of late registrants should not share in the $56 million settlement.

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NRMA hit with class action over ‘loyalty tax’
Insurance 2024-12-10 12:01 pm By Sam Matthews

A new class action alleges IAG unit NRMA slugged returning policyholders with an algorithm-determined “loyalty tax” on their home and contents insurance.

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High Court leave refused over lawyers’ insurance ‘monopoly’
Business of Law 2024-12-09 11:56 pm By Christine Caulfield

An insurer has failed in a bid to appeal to the High Court a case it said had implications for competition in the market for lawyers professional indemnity insurance in NSW.

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Court finds insurer does not have to cover underpayment claims
Insurance 2024-12-09 11:00 pm By Andy Sidler

A court has found insurer Lloyds of London does not have to indemnify real estate agent Attree for underpayment claims by employees.

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‘Risks in every case’: Judge questions contingency fee in IAG class action
Insurance 2024-12-05 4:19 pm By Cindy Cameronne

A judge has questioned a contingency fee bid by Slater & Gordon in a class action against Insurance Australia, saying the risks of the case were inherent to almost every class action.

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NRMA faces whistleblower case by former in-house lawyer
Employment 2024-12-05 5:07 pm By Cindy Cameronne

Insurer NRMA faces a Fair Work case by a former in-house lawyer who alleges she was dismissed after making a whistleblower complaint.

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