-The Australian Securities and Investments Commission on Tuesday initiated Federal Court proceedings against RACQ Insurance, a unit of Insurance Australia Group, alleging the insurer misled thousands ...
The Australian Securities and Investments Commission alleges one of Queensland’s largest insurers sent more than 570,000 renewal documents with false or misleading comparison prices for more than five ...
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RACQ faces court over misleading premiums in Australia
The Australian Securities and Investments Commission (ASIC) has taken RACQ Insurance to court, alleging the insurer provided ...
Corporate regulator ASIC has sued insurer RACQ for sending more than 500,000 renewal notices that it claims were false and misleading. The period cited in the lawsuit runs from September 2019 to ...
An insurance giant is facing Federal Court action after alleged misleading renewals that cost more than 570,000 customers up to 40 per cent more. ASIC alleges RACQ fooled thousands of customers ...
QUEENSLAND, Australia & SAN MATEO, Calif.--(BUSINESS WIRE)--RACQ Insurance (“RACQI”), a leading provider of motor vehicle and household insurance to over 1.4 million policyholders throughout ...
ASIC claims RACQ sent misleading renewal notices to more than 570,000 customers, allegedly hiding premium hikes as high as 40 per cent during a cost-of-living crisis. The Australian Securities and ...
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