The Supreme Court of New South Wales recently considered whether an insurer was entitled to deny indemnity to an insured…
1. Key learnings 1.1 Section 27A of the Insurance Contracts Act 1984 (Cth) (ICA) is clear in its retrospective application…
Welcome to our financial lines update, where we bring you recent developments relevant to the financial lines insurance market. In…
The rogue grape Second only, in infamy, to the McDonalds patron who burnt themselves with hot coffee, is the classic…
Yesterday, the Federal Court agreed with Insurers that a policy term providing: “References to a statute law also includes all…
The appeals decision On Monday 21 February, the Full Federal Court effectively dismissed the insured parties’ appeals in the five…