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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
6 mins to read

FMA names and shames insurance culture and conduct laggards

Thousands of customers in line for refunds after being over-charged.

A damning Financial Markets Authority report has called out the attitude of fire and general insurers towards conduct and culture, with just two of the 42 companies meeting its expectations.

And thousands of customers will now receive refunds after being over-charged.

Shortcomings identified

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Hamish McNicol Thu, 22 Jul 2021
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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FMA names and shames insurance culture and conduct laggards
General Business,
88228
true