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
-
Why Plumbing in Victoria Has No Insurance Safety Net
The amount of plumbing related building defects I see in Victoria is astonishingly high. Often they exceed all other defects. Yet the insurance that should respond has become a farce.
-
A Neighbour Is Building and Why a Protection Works Notice Is Never Just a Form
More and more I am seeing protection works disputes become disputes about access to land, adverse possession, boundary issues, building defects and property damage.
-
A New General Insurance Code of Practice but Will It Change Anything
The headline change is that many of the Code's obligations are proposed to become legally enforceable. On paper that is a significant shift.
-
The Case for a National Civil and Administrative Tribunal for Australia
Burns v Corbett and later decisions mean tribunals are not Chapter III courts and cannot exercise federal jurisdiction. It is time to consider a national tribunal.