RACQ makes $1b deal with insurance giant IAG, which is being sued for allegedly misleading customers
RACQ is selling its insurance arm in a $1 billion deal to a insurance giant currently being sued for allegedly misleading customers. It's the biggest insurance sale for Queensland in more than 15 ...
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 ...
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, facing the prospect of damage bills spiking from worsening weather trends, is examining options from a sale of its insurance arm, to bringing in additional big “reinsurance” partners long-term ...
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 ...
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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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