ASIC commences proceedings against Youi Pty Ltd for alleged breaches of the duty of utmost good faith
ASIC has commenced proceedings in the Federal Court against Youi Pty Ltd (Youi) for alleged breaches of the Insurance Contracts Act 1984, in relation to Youi’s duty of utmost good faith in handling a building and contents insurance claim made by a policyholder. The policyholder first made an insurance claim in January 2017 following a …
