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Browsing Tag

representations

2 posts
BBusiness
FMG admits misleading insurance charges after FMA investigation, pays back $5.3m to customers
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FMG admits misleading insurance charges after FMA investigation, pays back $5.3m to customers

  • February 9, 2026
The insurer acknowledged that it had made misleading representations about the need to specify items and the additional…
BBusiness
Tower Insurance fined $7m for misleading multi policy discount claims
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Tower Insurance fined $7m for misleading multi policy discount claims

  • December 9, 2025
According to the FMA, Tower has carried out remediation and repaid over $11.7m to customers. The fine comes…
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