Insurance

ASB faces civil proceedings for alleged fair dealing breaches

ASB faces civil proceedings for alleged fair dealing breaches

The proceedings by the FMA cite two causes of action

Insurer faces penalty of over $6m for misleading customers

Insurer faces penalty of over $6m for misleading customers

Conduct breaching Financial Markets Conduct Act led to over $11m in overcharges, High Court finds

What's next for insurance law in New Zealand?

What's next for insurance law in New Zealand?

Practical Guidance Insurance co-authors share their insights on the industry’s recent updates

Insurance law to undergo modernisation to boost security in times of disaster

Insurance law to undergo modernisation to boost security in times of disaster

The Contracts of Insurance Bill was given its first reading this week

Medical Assurance Society receives penalty for false and misleading representations

Medical Assurance Society receives penalty for false and misleading representations

The pecuniary penalty is worth $2.1 million in total

Court of Appeal rejects death benefit claim of insured who recovered from alleged terminal illness

Court of Appeal rejects death benefit claim of insured who recovered from alleged terminal illness

Insured argued that his life expectancy, without treatment, was not greater than 12 months