RACQ has suffered a massive spike in complaints as premiums as much as triple and insurance claims are mishandled so badly that one customer was robbed by the insurer's repair contractors. A 30 per ...
RACQ's chief executive has apologised at the organisation's annual general meeting for problems with insurance renewal notices. The organisation was hit with a Federal Court lawsuit from the ...
-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 ...
RACQ’s boss has apologised after the corporate watchdog launched Federal Court action over claims the insurer misstated premiums on more than 570,000 insurance renewals. The Australian Securities and ...
The Australian Competition and Consumer Commission (ACCC) has raised concerns over IAG’s deal to buy 90% of RACQ’s insurance underwriting business for A$1.32bn ($812.7m). The deal has prompted the ...
That deal never eventuated but, according to Hunter Green IB analyst Mark Tomlins, it may be keen to have another look. IAG already has experience running the insurance operations for motoring clubs, ...
Insurance Australia Group (IAG) has concluded the acquisition of the Royal Automobile Club of Queensland’s (RACQ) insurance underwriting business. The deal was first made public in November 2024. The ...
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 ...
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