333 results found
Clayton Utz | Australia | 21 Feb 2023
High Court affirms and bolsters the rules of unilateral waivers in contract law
The High Court's decision affirms and bolsters the rule that unilateral waivers are rarely perpetually binding. The High Court of Australia has…
Johnson Winter Slattery | Australia | 7 Oct 2021
A solution to the problem of multiplicity: consolidation of the allianz class action proceedings
Fuller v Allianz; Wilkinson v Allianz [2021] VSC 581 The plaintiffs in two competing class actions relating to car dealer “add-on” insurance have…
Lexology PRO | European Union, Italy | 21 May 2021
Italy raids car insurers and comparison portals
The Italian Competition Authority is investigating whether 13 insurance companies and four price comparison platforms exchanged commercially sensitive information by sharing reports prepared by the comparison sites.
PRO Compliance | Malaysia | 30 Sep 2020
Malaysia issues major insurance cartel decision
Malaysia’s competition watchdog has fined 22 insurance companies, including AIG and Allianz, a total of €35.7 million for fixing the discount rate on certain vehicle parts and the hourly repair labour rates.
McCabe Curwood | Australia | 9 Jan 2020
Insurers faultless claims conduct ends in successful defence of claim
An insured's failure to cooperate in permitting the insurer to complete repairs pursuant to the policy constitutes a breach of the policy of insurance…
4 New Square Chambers | Cayman Islands, United Kingdom | 28 Sep 2018
Toby v Allianz Global Risks US Insurance Company - FSD 152 of 2013 (IMJ): illegality in insurance contracts and the operation of the loss payee clause and financial loss exclusion
The Grand Court of the Cayman Islands has recently handed down its decision in Toby v Allianz Global Risks US Insurance Company - FSD 152 of 2013…
AKD | Netherlands | 8 Aug 2018
Supreme Court confirms right to limit liability
The Supreme Court has reconfirmed the right to limit liability under Dutch law, even in personal injury cases. It held that limitation as such is not a violation of the human right to protection of property under the First Protocol to the European Convention on Human Rights, and that it is nationally and internationally considered necessary that the liability of the carrier is limited or may......
Barry Nilsson | Australia | 8 May 2018
A warning for dual insurers and the effectiveness of excess clauses
The NSW Supreme Court held that two different insurance policies, each containing excess clauses, negate the effect of the other excess clause where…
Barry Nilsson | Australia | 8 May 2018
The insurer says no
Indemnity denied for failure of an agent of the named insured to disclose relevant information pursuant to section 21 of the Insurance Contracts Act…
Howse Williams 何韋律師行 | Hong Kong | 30 Jan 2018
'Insurtech' initiatives in Hong Kong
The Insurance Authority has launched two new initiatives to promote the use of 'insurtech' in Hong Kong and encourage insurers and technology companies to team up to develop innovative insurance technology in light of recent market trends. The initiatives aim to promote the development of new technologies in Hong Kong's insurance sector and maintain Hong Kong's competitiveness in the Asian......
