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Call for inquiry into surging insurance premiums

March 6, 2024 - 11:00 -- Admin

Former Australian Competition & Consumer Commission (ACCC) chair Allan Fels has called for the ACCC to investigate the insurance sector over its recent hike in insurance premiums. Speaking after three insurers reported a combined $1.3 billion in profits from Australian consumers in the February results season, Professor Fels expressed concern about competition in the insurance

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