Corporate regulator ASIC has sued insurer RACQ for sending more than 500,000 renewal notices that it claims were false and misleading. The period cited in the lawsuit runs from September 2019 to ...

HAMILTON, Bermuda, June 02, 2023 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly-owned subsidiaries has closed a previously announced Loss Portfolio ...

A motoring giant won’t be offering compulsory third party insurance after suffering heavy financial losses because of the scheme. RACQ chief executive officer David Carter said the scheme was no ...

RACQ is selling its insurance arm in a $1 billion deal to a insurance giant currently being sued for allegedly misleading customers. It's the biggest insurance sale for Queensland in more than 15 ...

RACQ is planning to exit the loss-making compulsory third party (CTP) insurance business potentially leaving more than a million motorists in the lurch as it faces growing financial trouble. The ...

The embattled insurer has also paid out the claim of bird watching business owner Bill Jolly after The Courier-Mail revealed the blunder. An RACQ Insurance spokesman said the payout and the public ...

Greg Booker will leave his post as group chief information officer at the Royal Automobile Club of Queensland (RACQ) in October after more than seven years in the role. Booker, who placed number 3in ...

PROFITS at motoring and insurance outfit RACQ have dropped by more than half, but there looks to be good news for the firm around the corner. Wild weather, the collapse of a contractor, limp ...

The RACQ is set to become a new player in banking, with a proposed merger with QT Mutual Bank expected to be completed by the third quarter of 2016. The proposed merger would create a banking ...

The corporate watchdog has sued an insurer over sending out 570,000 renewal notices that it claimed did not properly compare new prices to earlier premiums. In a Federal Court filing, the Australian ...