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 ...

Insurance Australia Group (IAG) has concluded the acquisition of the Royal Automobile Club of Queensland’s (RACQ) insurance underwriting business. The deal was first made public in November 2024. The ...

IAG boss Nick Hawkins says the RACQ deal was a ‘true partnership’, noting it’s built on the ‘proven track record of working collaboratively with leading member motoring organisations that share our ...

RACQ's chief executive has apologised at the organisation's annual general meeting for problems with insurance renewal notices. The organisation was hit with a Federal Court lawsuit from the ...

If completed, the transaction alter the strategic positioning of the broader group. The Royal Automobile Club of Queensland (RACQ) has announced the proposed sale of 90% of RACQ Insurance to Insurance ...

ASIC claims RACQ sent misleading renewal notices to more than 570,000 customers, allegedly hiding premium hikes as high as 40 per cent during a cost-of-living crisis. The Australian Securities and ...

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. ...

The deal, expected to add $1.3bn in gross written premium to the national insurer, will see IAG buy 90 per cent of RACQ’s insurance business, with an option to snap up the rest, for $855m. The ...