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The New Daily
The New Daily
Miklos Bolza

ASIC sues Auto & General Insurance over ‘unfair’ home and contents terms

ASIC Insurance Sarah Court Lawsuit
ASIC deputy chair Sarah Court says contract terms need to be "proportionate, transparent and clear". Photo: AAP

Auto & General Insurance has been hit with a landmark lawsuit over a contractual term alleged to have helped it unfairly refuse to pay consumer claims.

In a case filed in the Federal Court on Tuesday, the Australian Securities and Investments Commission accuses the firm of breaching the law through its home and contents insurance contracts.

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