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Best’s News & Research Service subscription required - November 30, 2023 10:47 AM (EST)

Australia’s RACQ Fined $6.6 Million for Misleading Customers on Disclosure Statements

Australia’s Federal Court ordered RACQ Insurance Ltd. to pay a A$10 million ($6.6 million) penalty for potentially misleading customers in its product disclosure statements about pricing discounts . . .

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