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 ...
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 ...
The agreement introduces a flexible ‘Lighthouse’ partnership model that includes early access to Adobe’s new AI capabilities — the first of its kind in Asia Pacific and Japan. Adobe and Deloitte ...
A motoring giant won’t be offering compulsory third party insurance after suffering heavy financial losses because of the scheme. RACQ chief executive officer David Carter said the scheme was no ...
RACQ is planning to exit the loss-making compulsory third party (CTP) insurance business potentially leaving more than a million motorists in the lurch as it faces growing financial trouble. The ...
RACQ is under the microscope about whether its offers to renew home insurance for customers have properly compared new prices to previous year's premiums. The offer letters compare a new premium for ...
Queensland’s largest club, RACQ, has transformed the customer experience for its 1.7 million members with Microsoft’s three clouds – Azure, Microsoft 365 and Dynamics 365. The organisation, which ...
PROFITS at motoring and insurance outfit RACQ have dropped by more than half, but there looks to be good news for the firm around the corner. Wild weather, the collapse of a contractor, limp ...
The RACQ is set to become a new player in banking, with a proposed merger with QT Mutual Bank expected to be completed by the third quarter of 2016. The proposed merger would create a banking ...
The boss of a major insurance company has conceded the 2022 flood victims in NSW and Queensland were let down by poor processes and systems. The standing committee on economics is examining insurers’ ...
Queensland-based motoring club and mutual organisation, RACQ, has secured a 30 per cent interest in Brisbane artificial intelligence and robotics startup, Blackbook.ai. CIO Greg Booker said on ...
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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 ...
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