The New South Wales Government is considering ‘Decennial Liability’ insurance (or inherent defect insurance) - with the NSW Building Commission undertaking research, and due to report back to the Government in early 2022.
Our legal experts will keep you up to date on all relevant and current developments.
On 25 June 2021, the High Court of Australia refused two insurers special leave to appeal the decision of the NSW Court of Appeal in HDI Global Specialty SE v Wonkana No 3 Pty Ltd  NSWCA 296.
The NSW Court of Appeal unanimously held that insurers could not rely on an exclusion clause contained in certain policies to refuse indemnity for business interruption claims arising out of the COVID-19 pandemic.
The first test case does not mandate a blanket approach to policy coverage for all business interruption claims. Each will turn on the language of each policy wording and the circumstances of each claim.
Insurers have sought further judicial guidance on a number of other matters affecting the operation of business interruption policies in the context of COVID-19 in a second test case, due to be heard by the Federal Court later this year.
In the Full Federal Court decision of Liberty Mutual Insurance Company Australia Branch trading as Liberty Specialty Markets v Icon Co (NSW) Pty Ltd  FCAFC 126 given on 20 July 2021, the Full Court addressed the construction and scope of thirdparty liability policies in the context of claims made by a building and construction company for losses occurring as a result of the manifestation of serious defects within a building, during the defects liability period.
Holman Webb is pleased to announce that Insurance Partner Lucy Rooney has been listed in Insurance Business Magazine's Elite Women in Insurance 2021!
Click through to watch Holman Webb's latest insurance webinar: Apportionment and Contribution in Insurance.
Presented by General Insurance Partner Peter Bennett and Associate Linda Huynh on Tuesday 6 July 2021, this webinar examines a range of significant cases relating to apportionment and contribution in insurance.
Discussion topics include:
Holman Webb is pleased to announce six promotions across our Sydney, Melbourne and Brisbane offices – effective 1 July 2021.
Click through for more information on this year's finalists, and upcoming winner announcements.
Holman Webb is pleased to announce that Partner and Insurance Group National Team Leader John Van de Poll has been listed as a finalist in the Lawyers Weekly Partner of the Year Awards 2021 - Insurance Partner of the Year category!