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Latest news: Insurance
Illegal algorithm costs Insurance Australia $40 million
Insurance Australia Limited has been penalised $40 million by the Federal Court for misleading customers with NRMA insurance policies.
Jun 30, 2023
Insurance fears stops people having life-saving tests
New laws are needed to stop genetic discrimination after a report found Australians aren't having life-saving tests due to concerns about their insurance.
Jun 30, 2023
Regulator sanctions Medibank following data hack review
Medibank must carry an additional $250 million in capital after a review by the banking regulator into a damaging cyber attack that rocked the company.
Jun 27, 2023
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One in three to get slice of $815m in insurer payouts
More than 5.6 million Australians could be eligible for a payout after insurers were found to have unnecessarily complex pricing promises and practices.
Jun 23, 2023
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