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 ...
-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 ...
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RACQ makes $1b deal with insurance giant IAG, which is being sued for allegedly misleading customers
RACQ is selling its insurance arm in a $1 billion deal to a insurance giant currently being sued for allegedly misleading customers. It's the biggest insurance sale for Queensland in more than 15 ...
Shares of ASX-listed insurer Australia Group Limited (AU:IAG) surged to new multi-year highs after it signed a 25-year exclusive partnership with Australia’s RACQ (The Royal Automobile Club of ...
HAMILTON, Bermuda, June 02, 2023 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly-owned subsidiaries has closed a previously announced Loss Portfolio ...
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ASIC accuses RACQ of misleading customers over insurance renewal notices in Federal Court action
The corporate watchdog has sued an insurer over sending out 570,000 renewal notices that it claimed did not properly compare new prices to earlier premiums. In a Federal Court filing, the Australian ...
The Australian Securities and Investments Commission has taken the allegations to the Federal Court claiming that the misstating meant that for the next year of coverage the premiums actually appeared ...
A wholly owned subsidiary of Bermudian-based insurer Enstar Group Limited has closed a loss portfolio transfer agreement with RACQ Insurance Limited to reinsure 80 per cent of RACQ’s motor vehicle ...
Debuting on Boxing Day, the first spot focuses on a man who daydreams about being so ‘incredibly famous’ that friends whisk him away via limo and private jet when his damaged car leaves him stranded. ...
Insurance Australia Group has agreed to pay AUD 855 million for 90% of the insurance book of Queensland mutual RACQ and enter a 25-year exclusive agreement to provide its members with general ...
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 ...
One of Enstar Group Limited’s wholly-owned subsidiaries has signed a loss portfolio transfer agreement with RACQ Insurance Limited to reinsure 80 per cent of RACQ’s motor vehicle compulsory third ...
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