ASIC has permanently banned an insurance advisor from working in the financial services industry thanks to a number of issues revealed during an on-going investigation.
A leading Australian insurer has agreed to refund customers over $2 million in premiums and fees.
The regulator has welcomed improvements made to one aspect of insurance disclosure following a major review.
A major insurer will refund over $1 million to customers it over-charged according to a statement released by ASIC.
ASIC has handed down a permanent ban to an Australian insurance broker who it says is "not fit" to engage in credit activities.
A leading insurer has been ordered to pay over $20,000 in fines following two infringement notices issued by ASIC.
An international insurer has agreed to refund customers duped by a multi-million dollar insurance scam but has questioned the way ASIC has presented its case.
A major insurer has changed its complaints process following concerns from the regulator.
ASIC has banned an insurance broker for three years following an investigation into accounts.
An insurance company has made a series of improvements to its compliance systems in its life and general insurance businesses following a large number of “significant breaches”.