Insurance Law




Meet the Co-chairs - TAGLAW


Dietrichs, Mark T.
Swift, Currie, McGhee & Hiers, LLP
mark.dietrichs@swiftcurrie.com


Insurance Law


Handed down in March 2017, the decision of Manitowoq Platinum Pty Ltd & Ors v Wesfarmers Federation Insurance Ltd (WFI) (Manitowoq Platinum) is of particular interest as the District Court of Western Australia considered whether an insured’s breach of statutory obligations could form the basis to refuse indemnity under a Commercial Risk Policy. The case also looks at whether the leading Queensland case and related authority around Kim v Cole & Ors, should apply.

To read the full article click here, or visit www.carternewell.com.


Contact: Katherine Hayes, Senior Associate and Greg Stirling, Associate

The 2008 global financial crisis resulted in countless claims and litigated proceedings against financial advisors and their financial services licensees for losses associated with pre-GFC financial advice. With the effluxion of time, those claims have started to dry up, but for proceedings commenced in the last few years, plaintiffs and defendants are starting to turn their minds to whether the claims brought in litigated proceedings are statute barred.

To read the full article click here, or visit www.carternewell.com.


Contact: Stephen White, Partner and Milton Latta, Senior Associate

It is often the case in multi-party litigation that one party will seek cover under another party’s insurance policy based on an insurance covenant contained in an agreement between the parties. Such claims are often contentious, due in part to the wide variations in drafting from one contract to another, and the consequential difficulty for the courts in setting down guiding principals for interpreting insurance covenants.

To read the full article click here, or visit www.carternewell.com.


Contact: Glenn Biggs, Partner

As many of Carter Newell’s heavy transport and logistics clients are well aware, the Heavy Vehicle National Law seeks to enforce a proactive sharing or ‘Chain of Responsibility’ approach to managing road risks, including fatigue management. Putting aside how one should assess the ‘reasonableness’ of their due diligence in ensuring safe transport, what is paramount is that parties beyond the transport operator (those parties with relevant control or influence) must ensure their contribution to the process is not in breach of applicable laws.

To read the full article click here, or visit www.carternewell.com.

 

 


Author: Rebecca Stevens, Partner and Allison Bailey, Senior Associate

An insurer has failed in its bid to decline cover based on an exclusion in its policy, with the ACT Court of Appeal hearing the matter of Allianz Australia Insurance Ltd v Smeaton regarding an injury caused by an unlicensed jet ski driver in 2010.

In April 2016, The Supreme Court of the ACT in Whittington v Smeaton held that Allianz Australia Insurance Ltd could not avoid covering the owner and driver of a jet ski under a Club Marine policy by relying on section 54(2) of the Insurance Contracts Act 1984 (Cth).

To read the full article click here, or visit www.carternewell.com.