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(Reuters) - Australia's corporate regulator said on Friday it filed a lawsuit against two units of Insurance Australia Group (IAG), alleging they misled customers about loyalty discounts available for certain types of home insurance policies.
The Australian Securities & Investments Commission (ASIC) has commenced civil proceedings against Insurance Australia Ltd (IAL) and Insurance Manufacturers of Australia (IMA) in the Federal Court, alleging loyal customers may have had their premiums increa...
>>> Read more: Aussie corporate regulator alleges IAG units misled home insurance customers
The Australian Securities & Investments Commission (ASIC) has commenced civil proceedings against Insurance Australia Ltd (IAL) and Insurance Manufacturers of Australia (IMA) in the Federal Court, alleging loyal customers may have had their premiums increa...
>>> Read more: Aussie corporate regulator alleges IAG units misled home insurance customers
