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ASIC warns opaque car insurers slugging customers ‘for loyalty’
The regulator’s warnings, ahead of earnings updates from major providers QBE, IAG and Suncorp, comes amid increased scrutiny and a surge in premiums.
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abc.net.au
'Loyalty doesn't pay': Car insurers asked to explain soaring premiums
The corporate regulator ASIC has taken aim at major car insurers, finding that the companies are not explaining why customers' premiums are rising faster than inflation.
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theguardian.com
Car owners should challenge insurers on steep price hikes and ‘call their bluff’, Asic says
Regulator finds many insurers raising premiums faster than inflation and advises customers to ask for better deals
