Insights
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NSW Supreme Court Finds in Favour of Insurers on Aggregation of Claims
19 November 2018 | Insurance & Health LawIn the shadow of the Banking Royal Commission, and in an environment where class actions appear to be a permanent feature of the legal landscape, the decision of the NSW Supreme Court in Bank of Queensland Ltd v AIG Australia Ltd [2018] NSWSC 1689 will be...
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Risk Management implications of Australia’s move to PEXA
18 October 2018 | Insurance & Health LawThe highly anticipated move to e-conveyancing of property transfers commenced in Victoria on 1 October 2018. Property Exchange Australia (PEXA) is an online settlement platform which now facilitates the lodgement of registry and financial statements, and...
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Financial Services Royal Commission hands down Interim Report
28 September 2018 | Insurance & Health LawOver the past 10 months or so, the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has placed Australia’s big banks and financial services entities under intense scrutiny. Two hours ago, and two days...
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Australian Law Reform Commission Class Action and Litigation Funding Review - Key Proposals for Class Action Reform
5 September 2018 | Insurance & Health LawAs part of its current inquiry into class action proceedings and third-party litigation funding, the Australian Law Reform Commission (ALRC) has released a discussion paper that traverses the development of the federal class action regime 25 years after...
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A case for insuring Civil Penalties
4 September 2018 | Insurance & Health LawCivil Penalties 2018 has seen unprecedented levels of regulatory action against Australian corporations. This includes the watershed $700 million fine against the Commonwealth Bank for breaches of the anti-money laundering and counter-terrorism financing...
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A timely decision as the Financial Services Royal Commission rolls on
4 September 2018 | Insurance & Health LawIt hasn’t taken long for the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services to claim its first casualties and with less than a month until the Commission’s interim report is due, there will likely be...
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