Insurance Law Tomorrow | Insurance Law

Cases

High Court moves to cancel competing class actions

By Tricia Hobson on March 24, 2021

On 10 March 2021, the High Court handed down its highly anticipated decision in the matter of Wigmans v AMP Limited & Ors.[1] (Wigmans Case). In dismissing the appellant’s case, the High Court has endorsed a common sense approach to determining procedural issues for dealing with competing class actions and ... Continue reading

Insurer ‘waives’ goodbye to its rights – Cyclone lifts roof on non-disclosure issues

Are we exclusive yet? The High Court decides on the exclusivity principle for aviation claims in Parkes Shire Council v South West Helicopters Pty Limited [2019] HCA 14 (‘South West Judgment’)

Section 54 cannot cure what you didn’t know or didn’t exist

Industry news

Financial services monthly wrap-up – April 2021

By Jon Ireland on May 12, 2021

During April 2021, ASIC has used its product intervention powers to ban the sale of binary options to retail clients, as well as to extend temporary relief instruments amidst COVID-19. ASIC has also urged claims handling firms to lodge licences by next month. The superannuation sector has seen the release ... Continue reading

Financial services monthly wrap-up – March 2021

Insurer of the future: A run through the 2021 insurance law shake up for brokers and insurers

Permanent relaxation of continuous disclosure laws signals change to shareholder class action landscape

Products

Warranty and indemnity Insurance – what is it and why you need it

By Ray Giblett on October 7, 2016

Warranty and indemnity insurance has emerged as a common instrument to address deal risk in M&A transactions globally. What is warranty and indemnity Insurance? Warranty and indemnity Insurance covers losses arising from breach of a warranty (or in certain cases under an indemnity) given in connection with an M&A transaction thus facilitating ... Continue reading

Claims

Financial services monthly wrap-up – April 2021

By Jon Ireland on May 12, 2021

Insurance claims handling soon to be a financial service

Fast track to hearing: tips for your next expedition application

Director’s trust misplaced when it comes to PI coverage

Legislation

Financial services monthly wrap-up – April 2021

By Jon Ireland on May 12, 2021

Financial services monthly wrap-up – March 2021

Insurer of the future: A run through the 2021 insurance law shake up for brokers and insurers

Webinar: Current issues for CPS 234 – Information Security

Regulation

Financial services monthly wrap-up – March 2021

By Jon Ireland on April 13, 2021

March 2021 has seen the release of legislative reforms to advice fee consent and lack of independence disclosure by financial advisers. ASIC has clarified its position on virtual AGMs and released an interim report on competition in the managed funds industry. APRA has urged life insurers and superannuation funds to ... Continue reading

Insurer of the future: A run through the 2021 insurance law shake up for brokers and insurers

Royal Commission insurance reforms get the green light

Webinar: Current issues for CPS 234 – Information Security