JP Wood

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Construing combined PI/PL insurance policies: NSW Court of Appeal rejects literal approach

Coverage disputes can arise out of combined professional indemnity (PI) and public liability (PL) insurance policies where a claim appears to fall between the two policies. In Pacific v Walsh ([2018] NSWCA 9), the NSW Court of Appeal declined to construe a combined policy literally, as this would have resulted in no cover for the … Continue reading

D & Oh no! – rising liability for directors and officers in 2018

Growing global regulatory oversight and increased pressure on ASIC to take punitive action means that 2018 is to likely to be a year fraught with new and greater risks for Australian executives. ASIC penalties were once likened to “being hit with a lettuce leaf” by Financial System Inquiry chair David Murray, and there is a … Continue reading

The Insurance List for short matters – a work in progress?

In March 2016 the Chief Justice of the Federal Court of Australia established an Insurance List for short matters (List). While the List did not see much activity in the first six months, the flurry of recent decisions gives some clue as to how the List has been operating. The List operates across all registries … Continue reading
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