Loyalty Tax Class Action

Consumer

  1. Investigating
  2. In court
  3. Settled
  4. Open to register
  5. Closed

Current stage: In court · Follow for updates

Source: Slater and Gordon View original source

The statements below are Slater and Gordon’s account of this case. They reflect allegations or the firm’s position and have not been determined by a court unless a settlement or judgment is noted.

About This Case

On 28 May 2024, Slater and Gordon commenced a group proceeding (class action) against Insurance Australia Limited (IAL) and Insurance Manufacturers of Australia (IMA) on behalf of RACV, SGIO and SGIC customers.

On 9 December 2024, Slater and Gordon commenced a class action against Insurance Australia Limited (IAL) on behalf of NRMA customers.

Source: Slater and Gordon

Who May Be Eligible

This proceeding is brought on behalf of current or former RACV, SGIO, SGIC and/or NRMA customers with a home and/or contents insurance policy. If you renewed a home and/or contents insurance policy under the RACV, SGIO or SGIC brands in the period 29 May 2018 and 28 May 2024, or you renewed a home and/or contents insurance policy under the NRMA brand in the period 10 December 2018 and 9 December 2024, you may be affected.

Source: Slater and Gordon

Frequently Asked Questions

Is this relevant to me?

If you have held home and/or contents insurance from RACV, SGIO, SGIC and/or NRMA since 2018, we invite you to subscribe for updates here.

What is a class action?

A class action is a type of legal proceeding in which one person, the lead applicant, brings a claim on behalf of a wider group of people who have all been affected by the same conduct. By grouping claims together and pursuing them collectively, the overall value of the claim makes it economically worthwhile to do so, even if the value of individual claims are modest. Learn more about class actions.

Who is running the class action?

Slater & Gordon Limited. Slater & Gordon has a long and proud history of holding companies who do the wrong thing to account. We've made our name by taking on hard cases and pursuing them relentlessly to achieve the best possible outcomes for our clients. Our firm ran some of the earliest class actions in Australia and has made history by achieving landmark settlements and judgments for groups affected by issues such as environmental contamination, defective medical products and financial misconduct. Many of our cases have achieved a lasting legacy by improving corporate and governmental conduct, which in turn helps prevent harms and losses happening to others in the future.

Will I have to devote my time or resources to the legal proceedings?

Initially, we will only require you to provide the information requested when you fill in the subscribe for updates form. At a later stage, we may get in touch with you to request further information.

Are there any risks to me being part of the class action?

You will not be exposed to any out-of-pocket costs or adverse costs orders as a result of your participation in the class action.

I only held home and/or contents insurance from IAL or IMA (including the RACV, SGIO, SGIC and NRMA brands) for part of the claim period, is this relevant to me?

Yes, you may be eligible and are not required to have had insurance from IAL or IMA for the whole period. Subscribe for updates here to stay up to date with the class action. If you wish to participate in the class action, there is nothing you need to do at this time.

I held home and/or contents insurance from SGIO and SGIC during the claim period but now they've changed to NRMA, is this relevant to me?

Yes, you may be eligible. Subscribe for updates here to stay up to date with the class action. If you wish to participate in the class action, there is nothing you need to do at this time.

What do I have to do to participate?

At this stage, all you need to do is subscribe for updates by filling in the form. This will not mean that you have joined a class action, you will have only subscribed for updates. We will get in contact with you if we need additional information from you.

What happens after I subscribe for updates?

Once you've subscribed we will keep you up to date about any new developments in the class action

Source: Slater and Gordon

Disclaimer: This information is sourced from Slater and Gordon. It is provided for general information only and does not constitute legal advice. Always verify details with the original source before taking any action.

Legal disclaimer: Information on this page is general in nature and does not constitute legal advice. ClaimBar tracks class action settlements and provides updates. Always seek professional legal advice for your specific circumstances.

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