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5 Apr 2025 11:02
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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 confident he's disclosed all relevant conflicts of interest with Cabinet
     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 plan to continue leaning on their bench as they move forward in the Super Rugby season More...

    BUSINESS BUSINESS
    Food Safety Minister Andrew Hoggard is confident he's disclosed all relevant conflicts of interest with Cabinet More...


     Today's News

    		 Entertainment:
    Antoine Fuqua's upcoming biopic on Michael Jackson may be split into two films 10:48

     Soccer:
    A mix of emotions for Manchester City manager Pep Guardiola following the announcement of midfielder Kevin de Bruyne's departure at the end of the season 10:46

     Christchurch:
    A second person has died in hospital after a car crashed into a bank on Canterbury's Banks Peninsula 10:46

     Law and Order:
    Police have recovered the three stolen dirt bikes which have been wrecking havoc in the Waikato town of Matamata 10:26

     Entertainment:
    Eva Mendes has paid tribute to her late brother on what would have been his 62nd birthday 10:18

     Law and Order:
    Man rescued from burning Connecticut home tells police he started blaze to escape 20 years of captivity 10:06

     Rugby:
    The Chiefs plan to continue leaning on their bench as they move forward in the Super Rugby season 10:06

     Entertainment:
    Jennifer Aniston has celebrated Pedro Pascal's 50th birthday with a special tribute on social media 9:48

     Business:
    Food Safety Minister Andrew Hoggard is confident he's disclosed all relevant conflicts of interest with Cabinet 9:36

     Christchurch:
    A person is seriously injured after a crash in South Canterbury overnight 9:26

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