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9 Apr 2025 8:05
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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


    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
     09 Apr: Businesses and unions aren't seeing eye-to-eye on the Government's latest employment law changes
     09 Apr: Billionaires turn on Donald Trump over 'economic nuclear war'
     09 Apr: A view it's too early for the Reserve Bank to respond to the White House's swathe of tariffs
     08 Apr: The Breakers have made their first player signing under their new management
     08 Apr: Business confidence is improving
     08 Apr: Financial markets are tanking. Here’s why it’s best not to panic
     08 Apr: The US is facing a trade war with China, and a potential trade war with Europe
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     Today's News

    Business:
    Businesses and unions aren't seeing eye-to-eye on the Government's latest employment law changes 7:57

    International:
    Musk calls Trump trade adviser 'dumber than bricks' amid escalating tariffs blowback 7:57

    Health & Safety:
    Investigations are underway after a boy died following routine tonsil surgery at Auckland's Southern Cross hospital 7:47

    Entertainment:
    Eric Andre turned down a part in 'A Real Pain' 7:44

    Living & Travel:
    A potential boost to regional connectivity could be on the way with revelations Air New Zealand's working on a deal with Air Chathams 7:37

    Politics:
    Doctors in Gaza running out of vital medicines as Israeli aid blockade stretches into sixth week 7:27

    Education:
    A large high school on Auckland's North Shore is closed due to water supply issues 7:27

    Golf:
    World number one golfer Scottie Scheffler will launch his Masters title defence alongside Justin Thomas and amateur Jose Luis Ballester  7:17

    Entertainment:
    Woody Harrelson turned down a role in 'The White Lotus' for scheduling reasons 7:14

    Business:
    Billionaires turn on Donald Trump over 'economic nuclear war' 7:07


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