Still interested in interest? Another case concerning section 57 ICA
In December 2012 we reported on recent cases concerning section 57 of the Insurance Contracts Act 1984 (Cth) (ICA). In particular, we considered the question: how long is ‘reasonable’ for an insurer to consider a claim and withhold payment?. The recent case of De Smeth v NSW Fire Brigades Superannuation Pty Ltd  NSWSC 19 considered ICA s57 in the context of a total and permanent incapacity claim…
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