Tag: future economic loss
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A $400,000 buffer for future economic loss: Allianz v Cervantes
See for example, Allianz Australia Insurance Ltd v Cervantes [2012] NSWCA 244, where on 24 June 2006 the claimant was injured in a motor vehicle accident. Liability was admitted by the insurer. On 11 January 2011 Mr Goudkamp, Claims Assessor, issued a certificate assessing the claimant's damages at just over $570,000. The amount included $75,000…