The three-year review looked at the sale of add-on insurance through car dealerships. Add-on insurance products. Cap on commissions will be introduced: Insurance council The Insurance Council of Au.
An insurance company owned by multinational insurance giant Insurance Group Australia will refund $39 million to customers over worthless add-on insurance sold to car owners. Swann Insurance to refund.
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Home and car insurance premiums are expected to rise by up to five per cent next year because the cost of repairs are higher, Suncorp says. The insurance giant issued the warning on Thursday after unv.
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Australia’s consumer watchdog is receiving a surge in complaints about a new scam which threatens to push up car insurance costs.
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INSURANCE claims for Thursday’s tornado-strength storms have eclipsed those following Cyclone Debbie. In Hervey Bay and Maryb.
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Police said Mr He owed more than 100,000 yuan (£11,000) and had taken out an insurance plan worth one million yuan (£110,000).
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Car dealers have been able to earn as much as 79 per cent in commissions on the premiums for add-on insurance such as tyre and rim cover or gap cover. Insurance Council of Australia CEO Rob Whelan sai.
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