Insurance

High Court finds agreed discovery categories enough in insurance claim

High Court finds agreed discovery categories enough in insurance claim

Underlying dispute over aircraft stranded in Russia may top US$100m

High Court prevents director who used AI to draft filing from representing his company

High Court prevents director who used AI to draft filing from representing his company

Defendant found an apparently hallucinated case authority in plaintiff’s document

Court rules council mutual fund was never a contract of insurance

Court rules council mutual fund was never a contract of insurance

Two councils sought indemnity worth millions, but the High Court found the cover was discretionary

Reserve Bank consults on planned insurance prudential law changes

Reserve Bank consults on planned insurance prudential law changes

Bill to introduce proportionality principle in Insurance (Prudential Supervision) Act

FMG Insurance Limited, Farmers’ Mutual Group pay $2.1m upon admitting to fair dealing breaches

FMG Insurance Limited, Farmers’ Mutual Group pay $2.1m upon admitting to fair dealing breaches

Insurers acknowledge misleading representations for some products

High Court orders Tower to pay $7m for Financial Markets Conduct Act breaches

High Court orders Tower to pay $7m for Financial Markets Conduct Act breaches

Insurer did not deliver reliably on promised multi-policy discount: FMA enforcement head