QUEENSLAND, Australia & SAN MATEO, Calif.--(BUSINESS WIRE)--RACQ Insurance (“RACQI”), a leading provider of motor vehicle and household insurance to over 1.4 million policyholders throughout ...
-The Australian Securities and Investments Commission on Tuesday initiated Federal Court proceedings against RACQ Insurance, a unit of Insurance Australia Group, alleging the insurer misled thousands ...
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 ...
Shares of ASX-listed insurer Australia Group Limited (AU:IAG) surged to new multi-year highs after it signed a 25-year exclusive partnership with Australia’s RACQ (The Royal Automobile Club of ...
RACQ has apologised for problems with insurance renewal notices that have triggered a potential multimillion dollar lawsuit from regulators, but says mysteries remain about what went wrong. "To you, ...
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 Australian Securities and Investments Commission has taken the allegations to the Federal Court claiming that the misstating meant that for the next year of coverage the premiums actually appeared ...
Debuting on Boxing Day, the first spot focuses on a man who daydreams about being so ‘incredibly famous’ that friends whisk him away via limo and private jet when his damaged car leaves him stranded. ...
A wholly owned subsidiary of Bermudian-based insurer Enstar Group Limited has closed a loss portfolio transfer agreement with RACQ Insurance Limited to reinsure 80 per cent of RACQ’s motor vehicle ...
Insurance Australia Group increased the midpoint of its fiscal 2026 insurance profit guidance range by 6.5% to include the completed RACQ insurance acquisition. The insurer stuck to underlying ...
Insurance Australia Group has agreed to pay AUD 855 million for 90% of the insurance book of Queensland mutual RACQ and enter a 25-year exclusive agreement to provide its members with general ...
One of Enstar Group Limited’s wholly-owned subsidiaries has signed a loss portfolio transfer agreement with RACQ Insurance Limited to reinsure 80 per cent of RACQ’s motor vehicle compulsory third ...