Publication
Commonwealth anti-corruption body to cover private companies
The Bill delivers on Labor’s election commitment to establish an independent anti-corruption body with public hearings and Royal Commission level powers.
Insurance focus
Global | Publication | January 2016
In this edition of Insurance focus we review some of the developing regulatory approaches being taken in the European insurance market. Centre stage in terms of policy priorities are the use of personal information and in particular the use of what is known as ‘big data’ in underwriting and the growing adoption of product governance to control the risk of misselling and poor consumer outcomes.
We also consider the proposed amendment to the Insurance Act 2015 that will enable insureds to bring damages claims for late payment under insurance policies – a change to the long-standing principle under English law that insurance claims cannot give rise to damages for late payment.
In our case notes section we include an update on the Deepwater Horizon litigation and consider a recent new development on penalty clauses in English law.
Finally, in our international focus section we report on developments in the insurance market from Australia, China, Italy, Singapore and the United Kingdom.
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Publication
Are we (virtually) there yet?
We are now almost one year on from Mark Zuckerberg’s much talked-about October 2021 letter announcing, among other things, the change of the name of his company from Facebook to Meta, reflecting the company’s commitment to revolutionising social connection through virtual reality.
Publication
Climate change litigation update
Since our last update, the growth in climate change litigation globally has continued. While cases against the fossil fuel sector continue to be brought, there are also claims against defendants in a wider variety of high-emitting and resource-intensive sectors.
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