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Maurice Blackburn's costs in running a 'junk' insurance class action which settled for $34 million will not be fully covered under a 25 per cent group costs order, a court has heard.
Private health insurer Bupa has admitted to misleading thousands of customers about their private health insurance benefits and has agreed to cop a $35 million penalty in a case by the consumer watchdog.
A judge has dismissed applications by mortgage broker Lendi Group and insurer ALI Group to declass a group proceeding over allegedly worthless mortgage insurance, saying it would be more efficient for the claims to advance as a class action.
A judge has sent to the Full Federal Court Medibank’s fight to shield Deloitte reports into a data breach, raising concerns about how evidence from a solicitor and the health insurer's inhouse lawyer was previously treated.
An appeals court has dismissed the corporate regulator's "logically inconsistent" appeal against a landmark decision that found insurer Auto & General did not include an unfair term in its contracts.
Mortgage broker Lendi Group and insurer ALI Group want to declass a junk insurance class action, telling a judge that even in a successful scenario, the more than 13,000 group members will be left to share only $2.5 million.
Insurance comparison site Choosi has been taken to court by ASIC for allegedly misleading its users by almost exclusively comparing funeral and life insurance policies from one insurer.
Mortgage broker Lendi Group and insurer ALI Group want a proceeding on behalf of tens of thousands of Aussie Home Loans customers to be stripped of class action status.
Insurer Marsh has fired off a cross-claim against Swiss bank UBS in several cases brought over Greensill’s $1.7 billion collapse.