-
Aligning contract terms with Professional Indemnity Insurance for better claim protection
How regularly reviewing professional service contract terms and ensuring consistency with PI insurance coverage can significantly reduce liability risks and improve insurance renewal outcomes for professionals across all industries.
-
Regulatory Investigations and Client Legal Privilege: ASIC v Macleod
The landmark ASIC v Macleod decision reaffirms that legal professional privilege can be maintained even when documents are shared with regulators under a voluntary disclosure agreement. This post examines the critical implications for professionals facing regulatory scrutiny, highlighting the importance of early legal engagement and proper privilege protection strategies in an increasingly complex regulatory landscape.
-
When regulators come calling: Protecting your professional career
Regulatory investigations pose significant risks to licensed professionals across Australia. This post reveals the critical insurance coverage gap that leaves many professionals vulnerable during early-stage investigations and offers practical strategies to protect your career and reputation from the moment a regulator makes contact.
-
AFCA systemic issues report reveals significant problems in insurance claims handling
The Australian Financial Complaints Authority's latest Systemic Issues Insights Report has identified critical problems affecting nearly 188,000 customers, with home insurance claims handling and failure to implement AFCA determinations emerging as major concerns. The report highlights systemic issues across banking, insurance, and superannuation sectors, with particular focus on delays in mould-related claims and responsible lending practices.
-
The great insurance con: A friendly reminder that 'self-regulation' isn't working
Drawing from frontline experience with insurance claims, this post exposes how the General Insurance Code of Practice fails to protect Australian consumers during their most vulnerable moments. It reveals the harsh reality of claims handling-where delays, denials, and questionable expert reports have become standard practice-and challenges the effectiveness of industry self-regulation that creates an illusion of consumer protection without providing any legally enforceable rights.
Articles page 23
We write about recent legal updates, significant court cases, and changes to regulations. Keep informed about the latest developments in Australian law.
