Revenue from its insurance business has been volatile, according to Moody’s Ratings. Members Banking Group or RACQ Bank’s decision to sell its underwriting insurance business will enhance its ability ...

RACQ is facing allegations that more than half a million renewal notices were misleading or false, following an ABC ...

RACQ’s boss has apologised after the corporate watchdog launched Federal Court action over claims the insurer misstated premiums on more than 570,000 insurance renewals. The Australian Securities and ...

Insurance Australia Group (IAG) has concluded the acquisition of the Royal Automobile Club of Queensland’s (RACQ) insurance underwriting business. The deal was first made public in November 2024. The ...

The Australian Securities and Investments Commission on Tuesday initiated Federal Court proceedings against RACQ Insurance, a unit of Insurance Australia Group , alleging the insurer misled thousands ...

Insurance Australia Group has agreed to pay AUD 855 million for 90% of the insurance book of Queensland mutual RACQ and enter a 25-year exclusive agreement to provide its members with general ...

The Australian Securities and Investments Commission has taken the allegations to the Federal Court claiming that the misstating meant that for the next year of coverage the premiums actually appeared ...