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IAL and IMA to defend ASIC proceedings
IAG acknowledges the civil penalty proceedings commenced by the Australian Securities and Investments Commission (ASIC) in the Federal Court of Australia against IAG’s subsidiaries Insurance Australia Limited (IAL) and Insurance Manufacturers of Australia Pty Limited (IMA).
The proceedings allege contraventions of the ASIC Act and the Corporations Act concerning the pricing of, and certain disclosures about how premiums are priced, for renewing customers of SGIO, SGIC and RACV home insurance products.
IAL and IMA maintain they have delivered on loyalty promises made to customers, do not agree that they have misled customers about the extent of the discounts they would receive, and intend to defend the proceedings.
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RACV NewsRACV finds tailgating as top road rage behaviour in Victoria
Following a poll asking Victorians what type of road rage behaviour they see most, RACV is reminding Victorian motorists to refrain from, and remain aware of dangerous road behaviours. -
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RACV NewsCommittee recommends Victorian Government review speed limits
The Victorian Legislative Assembly Economy and Infrastructure Parliamentary Committee has backed RACV’s calls to reduce the speed limit when passing emergency roadside vehicles and tow trucks on Victorian roads. -
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RACV NewsRACV and Neighbourhood Watch share tips on avoiding number plate theft
RACV and Neighbourhood Watch Victoria are encouraging motorists to take precautions to protect their vehicles following a sharp rise in number plate theft.
