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Facing a claim to cover the legal costs of former Orix CEO John Carter under a D&O policy, Chubb has been given the green light to argue that Coca-Cola Amatil's board had no knowledge of alleged secret bribes.
Opal Tower engineer WSP is battling insurers for builder Icon over coverage for the costs of a class action by residents, telling a court on Wednesday that Icon was liable for alleged structural defects in the building despite having subcontracted the structural design to WSP.
A senior barrister has sued insurer Suncorp for its alleged inadequate handling of a claim first made in 2014 relating to storm damage at his three-storey home which made him feel he was “living out a real-life version of Bill Murray’s experience in the movie Groundhog Day.”
Allianz must indemnify the Uniting Church for historic claims of sexual abuse that allegedly occurred up to four decades ago at the exclusive Sydney boys’ private school Knox Grammar, a judge has found.
Boutique law firm Barry Nilsson has snagged five senior lawyers, including a partner, from Sparke Helmore to join its Adelaide insurance team as part of a broader expansion strategy.
Japanese oil company Inpex has lost its bid for a split trial in a dispute with insurers AIG Australia and Mitsui Sumitomo over coverage for litigation related to defects at the $45 billion Ichthys liquified natural gas project in the Northern Territory.
Insurance specialist firm Wotton + Kearney has hired a lawyer from King & Wood Mallesons with class action expertise to bolster its litigation defence offering.
The Australian Securities and Investments Commission has instituted court proceedings against the insurance arm of Queensland’s peak motoring body alleging it misled customers about their entitlement to discounts on a range of insurance products.
Dam services provider Sunwater has asked the High Court to take its side in a dispute over insurance coverage for a $440 million class action settlement with victims of the 2010-2011 floods in Queensland.
Insurer Bond & Credit Company has lost its appeal of a decision ordering it to indemnify an Australian non-bank lender that provided $8 million in trade finance to companies in Phoenix Group shortly before its collapse.