News Non-Life03 Jul 2023

Australia:Insurer handed biggest penalty of around US$27m over pricing discount failures

| 03 Jul 2023

Insurance Australia Limited (IAL), wholly owned by Insurance Australia Group Limited (IAG), has been penalised A$40m ($26.65m) by the Federal Court for failing to honour discount promises made to customers who held NRMA branded insurance policies.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments
Other News


Follow Asia Insurance Review