SUN News: Australia's corporate regulator calls for better handling of insurance claims - 16th Aug 2023, 5:58am

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(Reuters) -Australia's corporate regulator said on Wednesday it had asked the country's general insurers to improve their claims handling practices and resources after it found issues in multiple areas in a review.

The Australian Securities and Investments Commission (ASIC) has commenced several investigations related to claims handling practices after its review of more than 218,000 claims lodged with six insurers, including Insurance Australia Group, QBE Insurance and Suncorp, during January-...

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