Better protection for consumers: updating the Life Insurance Code of Practice
The Financial Services Council (FSC) has published an updated Life Insurance Code of Practice (Life Code), which will come into…
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Crash Reports, Credit Cards and Credibility: Aluabaid v Kilani [2022] ACTCA 31
Is it possible for a plaintiff to lose their case when they are the only witness to the accident? Yes…
Confusing renewal questionnaire and failure to seek further information prevents denial of indemnity – Legge v Universal Hospitality Group [2022] NSWSC 709 (31 May 2022)
The Supreme Court of New South Wales recently considered whether an insurer was entitled to deny indemnity to an insured…
Replacing group insurers, sliding doors – Sharma v H.E.S.T. Australia Ltd [2022] FCA 536
1. Key learnings 1.1 Section 27A of the Insurance Contracts Act 1984 (Cth) (ICA) is clear in its retrospective application…
Financial Lines Update – April 2022
Welcome to our financial lines update, where we bring you recent developments relevant to the financial lines insurance market. In…
Alert – Insurers succeed in Covid-19 business interruption appeals
The appeals decision On Monday 21 February, the Full Federal Court effectively dismissed the insured parties’ appeals in the five…