Retroactive date: insurance broker claim successfully settled
We assisted an insurance broker to settle a claim where, it was alleged, the broker had failed to advise his client as to the effect of a retroactive date in PI cover. Central to a large saving in settlement was our investigation that revealed that unlimited retroactive cover would not have been available or would have been unaffordable, meaning no loss was occasioned by the broker’s omission.
November 9, 2017
Introduction In 2012, the Corporations Act 2001 (Cth) (the Act) was amended [i] to include the Future of Financial Advice reforms…Continue reading
June 12, 2018
The Australian class action landscape has seen unprecedented growth in the past decade. Part of that growth has been the troubling…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