Legal
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The hotly anticipated judgment will be a milestone in the ongoing dispute about how carriers respond to Covid lockdown-related losses.
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A New South Wales Supreme Court judge gives the go-ahead for the hearing to start on 2 October.
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Property investor Aubrey Weis accuses the broker of falsifying documents in connection with cover placed with Axa.
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The beleaguered carrier raises $380mn through the sale of new stock.
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Parkdean’s legal arguments bear a close resemblance to those in the FCA test case.
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Policyholders advised by Mishcon club together for an expedited dispute resolution process on Covid-19 claims.
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The case is being heard on an expedited basis, with policies from Hollard and HDI Global Specialty used as exemplars.
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The ruling is due in mid-September, but the possibility of an expedited appeal is highly likely.
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Adam Grossman offers an update and lessons for risk management from the glyphosate, opioid and talc litigations.
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The cost of straying into “greenwashing” could be very high for businesses that misrepresent their environmental credentials – as well as those who insure them, warns Simon Konsta.
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The regulator said insurers should work on a case-by-case basis on government support deductions, otherwise it could step in.
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The establishment of “shared resilience solutions” to BI losses would require unprecedented policy coordination.