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Allianz pleads guilty to false statements about travel insurance coverage
Insurance 2022-06-15 10:28 pm By Christine Caulfield

Insurer Allianz has pleaded guilty to six charges of making false or misleading statements online about the scope of cover under its travel insurance.

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QSuper says any class action recoveries can’t go to law firm, funder
Class Actions 2022-06-01 2:12 pm By Sam Matthews

QSuper has hit back at a class action over its alleged failure to notify members of changes to its premiums, saying group members failed to heed a “large font” notice of the changes and that any recoveries cannot be paid out to the law firm and funder running the litigation.

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Funder sells interest in combustible cladding class actions for $20M
Class Actions 2022-05-30 9:36 pm By Christine Caulfield

The litigation funder backing two combustible cladding class actions has sold a third of its investment in the cases to a player in the nascent secondary market for class action financing.

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Wotton + Kearney opens Adelaide office, nabs Sparke Helmore special counsel
Insurance 2022-05-25 10:09 pm By Cindy Cameronne

Insurance law firm Wotton + Kearney has opened its seventh office across Australia and New Zealand, expanding into Adelaide to meet local client demand and allow lawyers to work from their home town after the pandemic. 

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Insurer Bond & Credit Company points finger at Greensill Group
Insurance 2022-05-24 3:01 pm By Christine Caulfield

Insurer Bond & Credit Company has denied it owes damages over the collapse of the Greensill group, saying it issued a trade credit policy at the centre of four lawsuits because the supply chain financing firm concealed its risks and made fraudulent misrepresentations.

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In victory for class action, judge says bad breast implant claims can advance
Class Actions 2022-05-20 10:45 pm By Cat Fredenburgh

The applicants in a class action against The Cosmetic Institute and twelve doctors over allegedly “incompetent” breast augmentation surgery have won court approval to expand their case to allege misleading and deceptive conduct and breaches of the consumer guarantees in the Australian Consumer Law.

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Quintis class action settlement takes hit as insurers win appeal
Insurance 2022-05-19 4:39 pm By Cindy Cameronne

Two insurers have won an appeal that blocks group members in a class action against sandalwood producer Quintis from receiving a further $11.25 million after a settlement was reached almost two years ago. 

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Hall & Wilcox lures McCabes principal to insurance practice
People In The News 2022-04-29 3:16 pm By Sam Matthews

Hall & Wilcox has bolstered its insurance practice with the appointment of new partner Priya Paquet, who will be based at the firm’s Brisbane office. 

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‘What should I do with you?’ Judge lashes Chubb, Inchcape in $2.3M spat over cyber attack coverage
Privacy & Cybersecurity 2022-04-27 1:56 pm By Sam Matthews

A judge has lashed the “unsatisfactory” lack of cooperation between British automotive distributor Inchcape and Chubb in a $2.3 million dispute over coverage for a cyber attack which caused over $4 million in loss.

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Judge signs off on $1.5M penalty against Westpac for unsolicited insurance
Financial Services 2022-04-07 6:03 pm By Cat Fredenburgh

A judge has hit Westpac with a $1.5 million penalty for misleading 141 customers into believing they had purchased add-on insurance.

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