Financial Ombudsman Service determination
An insured alleged that he had suffered the insured event of ‘permanent total loss of use of two limbs’, entitling him to $300,000. We submitted that the fact that the insured could still walk short distances with crutches, albeit with severe pain, meant that he had not suffered ‘permanent total loss of use’ of the lower limbs. The Financial Ombudsman Service accepted this submission and determined in the insurer’s favour.
September 17, 2018
Newling v FSS Trustee Corporation (No 2)  NSWSC 1405 On 14 September 2018, Parker J of the NSW Supreme Court…Continue reading
January 13, 2020
Amaca Pty Limited v AAI Limited (Re: Simpson)  NSWDDT 11 Introduction This judgment considers the application of ss4 and 5…Continue reading
February 5, 2020
Draft legislation has recently been released to implement the recommendations of the Royal Commission relating to changing – for most new…Continue reading