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Hollard fined $2 million for serious insurance claim delay

26-236MR

civil penalty9 Oct 2026Penalty $2.00M

Respondent

Hollard Insurance Partners Limited

Facts

Hollard Insurance Partners Limited (Hollard) has been ordered by the Federal Court to pay a $2 million penalty after Hollard admitted that its serious claim-handling failures left a Victorian family living in appalling conditions, with their home ultimately deemed a total loss.

Outcome

ASIC civil penalty of $2,000,000 — Hollard Insurance Partners Limited (2026-10-09). See the ASIC source for the full terms.

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-236mr-hollard-fined-2-million-for-serious-insurance-claim-delay

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