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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
2 mins to read

AA Insurance overcharged customers by $11m, FMA alleges

Civil proceedings filed against the insurer for overcharging more than 100,000 customers.

AA Insurance chief executive Michelle James.

NBR Staff Thu, 08 Jun 2023

The Financial Markets Authority has filed civil proceedings against AA Insurance for alleged fair dealing breaches which resulting in more than 100,000 customers being overcharged by $11.12 million.

The FMA said today it was seeking a declaration from the court that AA Insurance breach the Financial

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NBR Staff Thu, 08 Jun 2023
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AA Insurance overcharged customers by $11m, FMA alleges
Law,
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