Revenue from its insurance business has been volatile, according to Moody’s Ratings. Members Banking Group or RACQ Bank’s decision to sell its underwriting insurance business will enhance its ability ...

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 ...

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 ...

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 ...

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 ...

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. ...

RACQ’s boss has apologised after the corporate watchdog launched Federal Court action over claims the insurer misstated premiums on more than 570,000 insurance renewals. The Australian Securities and ...