Early settlement saves on policy limit / defence costs
We assisted an insurer to settle out of a potentially long-running dispute by paying a proportion of the policy limit in satisfaction of all claims. Whilst the amount paid was substantial, it represented a large discount on the total limit, and removed the exposure for defence costs (which were potentially uncapped).
January 8, 2016
As part of the National Court Framework Reforms, the Federal Court of Australia will establish an Insurance List for short matters…Continue reading
February 14, 2013
Moray & Agnew has appointed a new partner in its Sydney office. Shayne Thompson, formerly an insurance partner at Middletons (now…Continue reading