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Law
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AA Insurance ordered to pay $6.2m penalty

The insurer failed to apply multi-policy and membership discounts, or guarantee no claims bonuses, which caused 100,000 customers to be overcharged by $11.12m.

NBR Staff Mon, 07 Oct 2024

The High Court has ordered AA Insurance pay a $6.175 million penalty for fair dealing breaches which resulted in more than 100,000 customers being overcharged by $11.12m.

The High Court found that AAI had misled some customers about its multi policy discount in marketing material between 2015 and

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NBR Staff Mon, 07 Oct 2024
Contact the Writer: editor@nbr.co.nz
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AA Insurance ordered to pay $6.2m penalty
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