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ASIC roundup: Insider trading, misleading insurances and new Commissioners

Montage of the Australian arms Emu and Kangaroo emblem
GRIP Montage: ASIC/Getty Images

Martina Lindberg

4 min read
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The Australian Securities & Investments Commission’s latest actions and news, August 21 – 25, 2023.

IAG charged for misleading on pricing discounts – 25, August 2023

The IAG-subsidiaries, Insurance Australia Limited (IAL) and Insurance Manufacturers of Australia Pty Limited (IMA), have been charged for misleading customers about loyalty discounts for certain types of home insurance.

Between January 2017 to December 2022, IAL and IMA renewed over one million

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