CompaniesFinancial ServicesGeneral insurancePrint articleInsurers knew of pricing debacles but failed to provide refunds: ASICLiam WalshReporterJun 23, 2023 – 5.50amSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginInsurers knew they had probably ripped off customers with pricing but made no effort to refund them, the corporate regulator says.The lack of action was among new problems uncovered in a review into why the insurers had failed to pass on at least $815 million in promised discounts or rewards to consumers since 2018.Loading...Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.auSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreGeneral insuranceIAGSuncorpRACQQBE InsuranceLatest In Financial servicesFetching latest articlesMost Viewed In CompaniesThe Australian Financial Review MagazineVapes are knock-off cigarettes. Fashion insiders should know betterLauren SamsThe top whisky you can buy without going on a waiting listThe luxury travel trend you probably haven’t consideredBOSS Financial ReviewForget WFH – what it’s really like to ‘work from anywhere’Rachael BoltonThe US governance model taking over Australian boardroomsThis CEO wakes at 5am, but doesn’t get in to work till 10amLife & LeisureWe thought we’d bought Premier League tickets. Here’s what happenedJulia FederThe blood test that could help supercharge your healthWhy you’re seeing cutting-edge art when checking into high-end hotelsRich ListBillionaire Geminder mulls asset sales at struggling Pro-Pac businessSimon EvansFederal Court date looms for Iren crypto brosBillionaires Escalante and Arnaout taking liberties with ASIC
