The insurer will pursue a further appeal after an appellate authority confirmed a disputed GST demand and penalty relating to the period between July 2017 and March 2022.
Both insurers responded to a Financial Times report on their cover for the trader, which is accused of raising bank credit against invoices for trades that did not exist.
Insurer says it is the first in Australia to price Tesla's supervised self-driving technology into premiums, following US carrier Lemonade's move earlier this year.