A judge has found that former Orix CEO John Carter is not entitled to make claims under a D&O policy, saying he fraudulently failed to disclose to Chubb the payment of alleged secret bribes.
Insurer Marsh has wasted no time in appealing a ruling that it breached an obligation not to use documents discovered in litigation over the $7 billion collapse of Greensill in separate proceedings.
UK law firm DWF has recruited nine insurance partners from Hall & Wilcox to power its growth in Australia.
A unit of insurer Marsh breached its obligation not to use documents discovered in litigation over the $7 billion collapse of Greensill by using them in an anti-suit injunction bid in the UK, a court has found.
Law firm HFW has hired two Sydney-based special counsel from Dentons and Meridan Lawyers to boost its growing insurance group.
The superannuation fund of the construction industry has been hit with ASIC enforcement action, accused of long delays in processing the death and disability claims of thousands of members.
Medibank is seeking to shield from a shareholder class action an “irrelevant” post-incident report by Deloitte into its massive October 2022 data breach.
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.
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.
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.