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Court slaps Smile Direct Club with $3.5M penalty for misleading insurance claims
A judge has ordered Smile Direct Club and its Australian unit to pay a $3.5 million penalty and reimburse customers for misleading them into believing they would be reimbursed by their insurers for the dental care company's costly teeth straighteners.
Medibank faces potential class action over breach as hacker posts data
A class action investigation over the data breach that exposed the personal information of almost 10 million Medibank customers is underway, with two law firms teaming up to probe whether the private health insurer is liable for damages.
Medibank won’t pay ransom to criminal behind cyberattack
Medibank will not pay a ransom to a criminal who stole the data of 9.7 million customers, saying it would encourage extortion.
Allianz to see law firms’ ATE policy in class action over ‘junk’ car insurance
The applicants in a consumer class action against Allianz have been ordered to produce an insurance policy that covers them for the risk of losing the case, which the insurer says will inform its bid for security for costs.
Appearance of bias prompts ASIC push for Youpla special purpose liquidators
A joint court application by ASIC and NSW Fair Trading calls for special purpose liquidators to claw back money from funeral insurer Youpla over concerns about the current liquidator's relationship with the failed company's former lawyer.
Dixon Advisory class action scores partial win in bid for insurance info
A class action on behalf of Dixon Advisory clients with claims allegedly worth $463 million has won orders that the collapsed wealth manager disclose its insurance for liability in the proceedings. Its bid for orders that two insurers produce any relevant policies was unsuccessful.
4 million Medibank customers affected by data breach
Medibank's woes worsened Wednesday as the insurer revealed data for all 4 million of its current and former customers had been accessed during a cyberattack after initially reporting no customer data had been exposed.
Medibank data breach revealed to be wider than first thought
The fallout from a cyberattack against Medibank continues, with the health insurer revealing sensitive claims data was accessed for customers of its main Medibank branch.
Criminals accessed Medibank customer data
A criminal has accessed sensitive Medibank customer data, including claims information, following a recent cyberattack.
High Court won’t hear appeals in COVID-19 business interruption test cases
An appeals court's "radical" approach in the treatment of JobKeeper payments won't be scrutinised by the High Court, which on Friday declined to hear an appeal by IAG in the second set of COVID-19 business interruption test cases.