Now I don’t even know if the delay in this case is true. I don’t presume to know…
Over the years, my dealings with Zurich amongst the collective of all insurers has been good both in underwriting and claims.
But this event involves the AFL and it gets high attention on front page of the Herald Sun…apparently ASIC are looking into this issue.
Frankly, ASIC should be having a wide look at the practices of many non-broker transacted classes. Let’s be clear there are a lot of problem claims out there, delay, expert evidence issues and denials in the retail product space.
This article is a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
Recent articles
-
Water ingress claims in apartments. What lot owners can claim against an owners corporation
Water ingress from common property is one of the most common apartment defect issues we see. Lot owners dealing with leaking roofs, balconies or plumbing failures have a range of remedies available against the owners corporation at VCAT.
-
Building and construction whistleblowers. Know your legal protections
If you have witnessed misconduct or corruption in the building and construction industry, there are substantial legal protections available to you under the Corporations Act.
-
Don’t expect your PI insurance to cover you
Purchasing a professional indemnity policy does not guarantee you are covered. Without careful review of your policy wording, accurate completion of the proposal form and proper notification of circumstances that may give rise to a claim, your PI insurance may not respond when you need it most.
-
Plumbing Issues and Insurance Claims: Who Is Liable in Heave Cases, Roof Leaks and Ground Plumbing Defects?