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In previous newsletters we’ve analysed different aspects of the four-step process the Family Court undertakes when determining how to adjust the property of couples after relationship breakdown.

Many businesses are founded and run by a husband and wife team. What happens to the business if they divorce?

The APRA letter to CEOs of ADIs, general insurers and life companies clarified its intent in respect of risk management.

The private health insurance rebate and the Medicare Levy Surcharge (MLS) will be income tested from July 2012.

A well-managed dispute resolution process can offer cost-efficient, impartial and quick resolution of coverage disputes.

The Government will issue a plain-English one page statement of the key features of insurance policies for consumers.

This decision provides useful guidance to underwriters as to how a pollution liability policy clause can be drafted to ensure that it operates as intended by the insurer.

These cases are positive news for defendants and insurers but each case will turn on its facts and detailed evidence.

On 1 September 2009 the Insurance Regulation 2004 (NSW) (Regulation) was repealed and replaced with the Insurance Regulation 2009 (NSW). The new provisions have significant implications for providers of reinsurance, and brings NSW in line with other State and Commonwealth insurance legislation concerning reinsurance.

The Alert discusses the implications of this case where a principal was liable for a contractor's employee's injury.

Businesses should regularly review their insurance policies and consider the scope of cover and existing policy limits.

ASIC's Report 838 reveals significant transparency gaps in motor vehicle insurance premium communications, finding that renewal documents often fail to explain price changes adequately and that over 30% of consumers who contacted their insurer successfully negotiated lower premiums. The report establishes clear expectations for better practice in pricing disclosures and signals continued regulatory scrutiny of insurance pricing practices.

The Chubb Insurance v Moore judgment provides clarity and will be helpful for insurers, insureds and claimants alike.

As the Middle East conflict continues to disrupt global energy markets, Australian businesses are confronting a familiar threat in an unfamiliar form. This is not a direct war risk in the traditional sense. It is something more insidious, a fuel driven economic shock that is rapidly cascading into balance sheets, boardrooms and ultimately insurance claims.

This case is useful for life insurers if seeking to rely on the section to avoid a policy for fraudulent non-disclosure.

Some Australian companies may use a defence costs only policy if a statutory charge can be attached to the D&O policy.

Anthony Porthouse is a Sydney barrister who, in May 2001, received instructions from the firm Cameron Gillingham Boyd to advise on the prospects of a Mr James Bahmad making a claim against the Department of Corrective Services.