Search ResultsShowing 1 - 3 of 3 results for "Insurance Contracts Act"
Unfair contract terms extended to insurance
KARREN VERGARA  |  FRIDAY, 2 AUG 2019
... and services contracts. The proposed new UCT regime will apply to insurance contracts covered by the Insurance Contracts Act. Among the other changes, third-party beneficiaries of an insurance contract will be able to bring a claim under the new regime. ...
Harder for insurers to dodge claims
KANIKA SOOD  |  MONDAY, 4 FEB 2019
... five years, while reaping $121 million in premiums. Hayne today recommended the government amend the Insurance Contracts Act to rid such instances. " Section 29(3) of the Insurance Contracts Act should be amended so that an insurer may only avoid a contract ...
CommInsure, TAL engaged in troubling conduct: Royal Commission
KARREN VERGARA  |  MONDAY, 24 SEP 2018
... standard practice was to tell policyholders whose contracts were being avoided under section 29 of the Insurance Contracts Act that they had breached their duty of good faith. Given TAL's admission with respect to this case study and in such circumstances ...
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