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5 Apr 2025 9:17
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      Home > News > Business

    Insurer IAG has apologised for mistakes in applying discounts

    Insurer IAG has apologised for mistakes in applying discounts

    4 April 2025
    The Financial Markets Authority has filed proceedings against the company for alleged breaches resulted in overcharging of about 35 million dollars.

    The alleged breaches were self reported by IAG.

    It affected more than than 250 thousand customers.

    IAG says it is fully cooperating with the investigation and working hard to make things right for customers.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     05 Apr: Food Safety Minister Andrew Hoggard is facing criticism over potential conflicts of interest involving his sister
     04 Apr: Economists are still expecting a drop in interest rates - despite strong headwinds in the global trade environment
     04 Apr: What Donald Trump's tariffs could mean for Australian exports
     04 Apr: An Auckland woman has been sentenced to 12 months home detention for tax offences involving more than half a million dollars
     04 Apr: Fears from one analyst, the world has unlearned the lessons of the Great Depression
     03 Apr: Confirmation the ripple effects of declining interest rates - still haven't changed consumer habits
     03 Apr: New Zealanders have starting to have slightly more cash to spend, save or invest
     Top Stories

    RUGBY RUGBY
    The Chiefs are back on top in Super Rugby after holding off the Reds 27-15 in a rain-affected clash in Hamilton More...

    BUSINESS BUSINESS
    Food Safety Minister Andrew Hoggard is facing criticism over potential conflicts of interest involving his sister More...


     Today's News

    		 Entertainment:
    Kanye West has suggested his wife has left him in the lyrics to a new song 8:48

     Rugby League:
    Unfamiliar territory for the Penrith Panthers after slumping to their fourth loss in five games to start the NRL season 8:46

     Entertainment:
    Kylie Kelce "doesn't care" what people think of her daughters' names 8:18

     Living & Travel:
    Mini lovers are continuing their 24-hundred-kilometre journey - aiming to raise 500-thousand-dollars for KidsCan 8:16

     Business:
    Food Safety Minister Andrew Hoggard is facing criticism over potential conflicts of interest involving his sister 8:06

     Law and Order:
    Russell Brand charged with rape and sexual assault 7:56

     Rugby League:
    South Sydney Rabbitohs coach Wayne Bennett has applauded Latrell Mitchell's return from injury during their 20-14 win over the Sydney Roosters in the NRL 7:56

     Entertainment:
    Robert Irwin wants to "continue the important legacy" of his late father 7:48

     Rugby:
    The Chiefs are back on top in Super Rugby after holding off the Reds 27-15 in a rain-affected clash in Hamilton 7:46

     Soccer:
    Manchester City captain Kevin De Bruyne has announced his departure from the football club at the end of the season 7:46

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