The news: Insurance giant IAG said it will defend a policyholder class action in the Supreme Court of Victoria, served by law firm Slater and Gordon, against its subsidiary Insurance Australia Limited (IAL).
The context: The class action follows the class action proceedings commenced by the same law firm in May, which IAG’s subsidiaries IAL and Insurance Manufacturers of Australia (IMA) are also defending, and relates to loyalty offers for NRMA Insurance home, contents and home and contents…
