AAMI Penalised for Misleading Car Insurance Advertising ASIC has issued two infringement notices ($10,200 each) for false or misleading advertisements promoting AAMI car insurance. This is an example of why extreme care needs to be taken in utilizing any form of...
Update on ASIC’s Review of No-Claim Discount Schemes for Motor Vehicle Insurance Executive Summary: On 26 February 2015 ASIC released a report on the operation of no-claim discount (NCD) schemes on motor vehicle insurance policies (also called ‘no-claim...
Recent Decision on Duty of Utmost Good Faith in the Case of Fogarty v CGU Insurance Ltd 1. Case Name Fogarty v CGU Insurance Ltd [2015] ACTSC 44, see http://www.courts.act.gov.au/supreme/judgment/view/8692/title/fogarty-v-cgu-insurance-ltd for more details. 2. ...
Recent Comments