How to avoid the $1 billion car insurance claim loophole

The Australian Financial Reporter today offers a helpful guide on how to avoid a $1.5 billion car policy fraud claim.

The report, which was commissioned by the Insurance Council of Australia (ICA), offers advice on how insurance companies can be held accountable when they are found to have breached their responsibility to protect consumers.ICA chief executive Richard Venter said the report was a “must-read for anyone who cares about consumer protections”.

“The fraud is endemic, and it needs to be addressed,” he said.

“We need to have better ways of communicating to consumers that there is a fine line between legitimate and fraudulent claims.”

The report recommends that the ACCC take the lead in investigating the claims of fraudulent insurance policies and provide financial penalties for those who are found liable.

It also recommends that companies take greater steps to identify fraudulent insurance claims and ensure they are resolved in a timely fashion.

“It is important that consumers are confident in their ability to access their policies and claim for coverage, and that insurance companies take the appropriate steps to resolve claims as soon as possible,” the report says.

“A high rate of fraudulent claims is a threat to consumer confidence.”

The authors of the report, from the Institute of Insurance and Insurance Regulation (IISR), also recommend that insurance industry stakeholders work together to reduce the number of claims that are fraudulent.

“This is a significant area where the industry needs to work together and learn from each other,” said IISR chair Professor John O’Brien.

The report also calls for better communication with insurers and for the ACCCC to “step in and be proactive in identifying the underlying causes of the fraudulent claims”.

It is a call for a system where consumers can see how much they are being charged for a policy and the full cost of their insurance, including deductibles, outgoings and out-of-pocket costs.

The report urges that insurers develop a mechanism whereby consumers can review claims online.

It recommends that insurance providers develop “consumer reports” detailing the claims made against them, as well as a system for consumers to share their experiences.

“There is a great need for insurers to work with the consumer to ensure they understand the risks of policies, and they will provide the information consumers need to understand their coverage and how to obtain a reasonable replacement policy,” Professor O’Briens said.

He said there was a need to educate insurers about the risks that they face and the need to work towards better consumer protection.

The ACCC is currently investigating more than 1,000 claims of car insurance fraud and claims against consumers.

About the author

Development Is Supported By

우리카지노 | TOP 카지노사이트 |[신규가입쿠폰] 바카라사이트 - 럭키카지노.바카라사이트,카지노사이트,우리카지노에서는 신규쿠폰,활동쿠폰,가입머니,꽁머니를홍보 일환으로 지급해드리고 있습니다. 믿을 수 있는 사이트만 소개하고 있어 온라인 카지노 바카라 게임을 즐기실 수 있습니다.우리카지노 | 카지노사이트 | 더킹카지노 - 【신규가입쿠폰】.우리카지노는 국내 카지노 사이트 브랜드이다. 우리 카지노는 15년의 전통을 가지고 있으며, 메리트 카지노, 더킹카지노, 샌즈 카지노, 코인 카지노, 파라오카지노, 007 카지노, 퍼스트 카지노, 코인카지노가 온라인 카지노로 운영되고 있습니다.우리카지노 | Top 온라인 카지노사이트 추천 - 더킹오브딜러.바카라사이트쿠폰 정보안내 메리트카지노(더킹카지노),샌즈카지노,솔레어카지노,파라오카지노,퍼스트카지노,코인카지노.카지노사이트 - NO.1 바카라 사이트 - [ 신규가입쿠폰 ] - 라이더카지노.우리카지노에서 안전 카지노사이트를 추천드립니다. 최고의 서비스와 함께 안전한 환경에서 게임을 즐기세요.메리트 카지노 더킹카지노 샌즈카지노 예스 카지노 코인카지노 퍼스트카지노 007카지노 파라오카지노등 온라인카지노의 부동의1위 우리계열카지노를 추천해드립니다.우리카지노 - 【바카라사이트】카지노사이트인포,메리트카지노,샌즈카지노.바카라사이트인포는,2020년 최고의 우리카지노만추천합니다.카지노 바카라 007카지노,솔카지노,퍼스트카지노,코인카지노등 안전놀이터 먹튀없이 즐길수 있는카지노사이트인포에서 가입구폰 오링쿠폰 다양이벤트 진행.