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civil proceedings

A composite image of New Zealand bank notes overlayed with a hand holding a gavel and a person on their phone surrounded by stacks of coins.
General insurer Tower to pay $7 million penalty for 'misleading representations' about its multi-policy discounts
Tower Insurance to pay $7 million penalty after the FMA says it used advertised multi-policy discounts to attract and keep customers but did not have ‘systems that could reliably deliver on the promised discount’
9th Dec 25, 3:31pm
by Mandy Te
1
Tower Insurance to pay $7 million penalty after the FMA says it used advertised multi-policy discounts to attract and keep customers but did not have ‘systems that could reliably deliver on the promised discount’
A composite image of New Zealand bank notes overlayed with a hand holding a gavel and a person on their phone surrounded by stacks of coins.
IAG NZ to pay $19.5m penalty for overcharging 269,000 customers $35m
IAG NZ paying $19.5 million penalty after self reporting Financial Markets Conduct Act breaches the FMA says are the worst in any fair dealing case it has taken to court to date
6th Oct 25, 1:11pm
by Mandy Te
7
IAG NZ paying $19.5 million penalty after self reporting Financial Markets Conduct Act breaches the FMA says are the worst in any fair dealing case it has taken to court to date
FMA files court case against IAG NZ for allegedly overcharging 269,000 customers $35 million
IAG NZ self reporting to FMA results in civil court case alleging breaches of the Financial Markets Conduct Act
4th Apr 25, 12:14pm
by Ella Somers
IAG NZ self reporting to FMA results in civil court case alleging breaches of the Financial Markets Conduct Act