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 RACQ says south-east Queensland motorists have been getting a fairer deal without a lengthy fuel price cycle, but there ...
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 ...
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 ...
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 ...
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 ...
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 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’ ...
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 ...