Qantas hit with class action over pandemic travel credits

Share!

Business Insurance - Aug 21, 2023

Australia-based Echo Law Pty Ltd. has initiated a class action against Qantas Airways Ltd. in federal court, alleging that the airline’s use of COVID-19 travel credits allowed it to treat its customers’ money as more than $1 billion in interest-free loans, The Guardian reported. The lawsuit accuses...

Read Full Article

Recommended Articles

South Korean insurers post combined net profits of nearly $6 billion

Posted: Aug 22, 2023

South Korean insurers’ combined net profits increased to around 8 trillion South Korean won ($5.95 b...

P&C insurance market sees reduced capacity on risks

Posted: Aug 22, 2023

According to a new report from Aon PLC, South Africa’s insurance market is continuing to see reduced...

Latin Re obtains license to operate in Lloyd’s marketplace

Posted: Aug 22, 2023

Independent insurance brokerage Latin RE is the first Brazilian broker to get a license to operate d...