Corporate regulator ASIC taking QBE to court for allegedly misleading customers about discounts it offered for policy renewals.
The corporate regulator is suing Australia’s largest insurer for allegedly misleading customers by making false promises on discounts it offered to customers over five years.
QBE chairman Mike Wilkins: The corporate regulator is taking the insurer to court over claims it didn’t give discounts it had promised to customers. “Some customers were promised discounts for their loyalty when renewing their policies, which they didn’t receive,” Court said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As ASIC joins fray, can corporate watchdog sort the Super Retail mess?The battle between the Rebel Sport owner and two former employees could become explosive - and very expensive.
Read more »
As ASIC joins fray, can corporate watchdog sort the Super Retail mess?The battle between the Rebel Sport owner and two former employees could become explosive - and very expensive.
Read more »
As ASIC joins fray, can corporate watchdog sort the Super Retail mess?The battle between the Rebel Sport owner and two former employees could become explosive - and very expensive.
Read more »
Australia’s largest insurer sued over false promises on discountsCorporate regulator ASIC taking QBE to court for allegedly misleading customers about discounts it offered for policy renewals.
Read more »
‘Suspicious’: ASIC fines Macquarie Bank $4.995m for ‘manipulating energy markets’7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
MQG: ASIC issues record fine after Macquarie fails to catch dodgy energy transactionsThe corporate regulator says the bank was warned a dozen times that there were suspicious futures transactions following Russia’s invasion of Ukraine.
Read more »