An online insurance website claimed to compare its insurance products with a number of other brands, and displayed logos of insurance providers that were not offering quotes on the products featured.
Dual CEO Damien Coates gives a candid talk on the $17m fraud that rocked the underwriter earlier this year, and explains the lessons that can be learned from the “trauma”.
The regulator’s investigatory processes were called into question over its handling of two companies’ alleged bribery and corruption.
A payday lending company, accused of breaching numerous laws, could be forced to cough up millions of dollars for its “unconscionable conduct”.
The use of unrated insurers is igniting furious opposition from chartered brokers in the UK, so much so that they are asking for regulators to ban intermediaries from using them.
A company, which sold insurance to customers who were very unlikely to ever make a claim, has come under fire from the regulator for its “unconscionable” actions.
A price comparison website is the subject of an ASIC investigation following the recently-listed business’s failed attempt to hit its revenue target.
Insurers and distributors have made positive changes to product disclosure statements in response to concerns that information is ‘confusing and insufficient’.
Financial advice reforms could drive up the cost of professional indemnity insurance by as much as 20%, according to new research.
Finance firms will be forced to pay back more than $15m to consumers following an ASIC investigation.