The Australian Securities and Investments Commission (ASIC) has taken RACQ Insurance to court, alleging the insurer provided customers with misleading premium comparisons. The practice, which spanned more than five years, potentially distorted customers' perceptions of their policy renewals. Between September 2019 and December 2024, more than 570,000 renewal documents from RACQ Insurance, part of Insurance Australia Group, were sent out with what the ASIC claims were inflated "last period premium" figure ...