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11 Apr 2025 8:56
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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
     11 Apr: Maritime New Zealand is satisfied emissions coming from a cruise ship berthed in Christchurch's Lyttelton, are compliant
     10 Apr: Donald Trump pauses most 'reciprocal' tariffs but hikes China rate to 125pc
     10 Apr: A range of cups sold at Kmart are being recalled, due to the 'risk of serious injury'
     10 Apr: The NZX 50 has risen 3.25 percent in the first five minutes of trade, following rallies on US markets
     10 Apr: The Reserve Bank's being commended for its wait-and-see approach to global trade developments
     09 Apr: Uncertainty about what's next, after today's OCR cut
     09 Apr: Pak'nSave North Island has come out on top - in an international grocery-price comparison of four sellers
     Top Stories

    RUGBY RUGBY
    Moana Pasifika coach Tana Umaga is applauding World Rugby's decision to protect a team's right to employ a 7-1 bench split More...

    BUSINESS BUSINESS
    Maritime New Zealand is satisfied emissions coming from a cruise ship berthed in Christchurch's Lyttelton, are compliant More...


     Today's News

    		 Entertainment:
    Hilary Swank will never take her health "for granted" after spending years caring for her sick father 8:44

     Golf:
    Justin Rose leads the opening round of golf's Masters 8:37

     Rugby:
    Moana Pasifika coach Tana Umaga is applauding World Rugby's decision to protect a team's right to employ a 7-1 bench split 8:17

     Entertainment:
    Aimee Lou Wood feels "sad" that her teeth are talked about more than her acting work 8:14

     Law and Order:
    Auckland Council's cracking down on dog owners who have repeatedly failed to register their pets 8:07

     International:
    Mumbai terror attack accused Tahawwur Hussain Rana extradited to India from United States 7:57

     Accident and Emergency:
    A person has died following a two-vehicle crash on State Highway 1 near Tirau in Waikato 7:57

     Motoring:
    Wellington drivers are being warned of disruption as major pipe work is being done beneath State Highway Two 7:47

     Entertainment:
    KSI needed therapy to realise he wanted to get back together with his girlfriend after they split 7:44

     Rugby League:
    Penrith's grip on league's NRL is loosening 7:37

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