Insurance Business: Unfair insurance contracts, what does ASIC need to prove?

In a recent Insurance Business article, Hicksons Insurance Partner Susannah Fricke discusses the Australian Securities and Investments Commission (ASIC) launching first-time proceedings against Auto & General Insurance Company, and HCF Life Insurance Company for alleged unfair contract terms in April 2023.

In the post, Susannah looks into ASIC’s enforcement priorities, what is considered ‘unfair’ across insurance contracts, and what insurers should watch out for.
 
Click here to read the full article.

Article authored by Daniel Wood, Insurance News on 17 May 2023.

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