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 ...
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 has taken the allegations to the Federal Court claiming that the misstating meant that for the next year of coverage the premiums actually appeared ...