High Court ends Australian Vioxx litigation *

Australia - September 11 2012
In the March 2012 edition of Insurance Update we reported on the judgment of the Federal Court in the appeal of the representative (class) action brought on behalf of certain consumers of the arthritic drug, Vioxx.

Co-authors: Toby Biddle.

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Broker’s liability for incorrect answers in proposal *

Australia - September 11 2012
In Kotku Bread Pty Ltd v Vero Insurance Ltd & Anor (2012) 17 ANZ Insurance Cases 61-930, a broker was held liable for the total amount of his client’s loss for failing to make reasonable enquiries with regards to a risk relevant to the insurer when obtaining coverage for the client.

Co-authors: Natalia Kepa.

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Disclosure in the equity division *

Australia - June 8 2012
On 26 March 2012, significant changes were made to the discovery process in the Equity Division of the NSW Supreme Court as a result of the introduction of a new Practice Note, Disclosure in the Equity Division SC Eq 11 (Practice Note). 

Co-authors: Randall Walker.

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Interest payable on proven part of claim *

Australia - June 8 2012
Insurers are on notice that undisputed amounts under a policy of insurance must be paid within a reasonable timeframe.

Co-authors: Eve Ormond.

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Who is liable – the lender or the broker? *

Australia - March 13 2012
A recent decision of the NSW Court of Appeal has clarified the liabilities of mortgage brokers.

Co-authors: Lona Naoum.

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