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
September 14, 2018
Murray v Great Southern Managers Australia Ltd  VSC 416 Facts In August 2011, a group proceeding was commenced on behalf…Continue reading
November 20, 2018
Bank of Queensland Ltd v AIG Australia Ltd  NSWSC 1689 Clients of a financial planner had been defrauded in a…Continue reading