March 6 (Reuters) - Insurance Australia Group Ltd (IAG) :
- ASIC LETTER CALLS ON INSURERS TO IMPROVE CLAIMS HANDLING PRACTICES
- ISSUED LETTER REMINDING GENERAL INSURERS OF OBLIGATIONS AS AUSTRALIAN FINANCIAL SERVICES LICENSEES WHEN HANDLING INSURANCE CLAIMS
- ISSUED LETTER REMINDING OBLIGATIONS WHEN HANDLING INSURANCE CLAIMS, ESPECIALLY IN RESPONSE TO SEVERE WEATHER EVENTS
- EXPECTS TO SEE A BETTER RESPONSE BY INSURANCE INDUSTRY TO EVENTS THAT OCCURRED DURING THIS SUMMER
- INSURERS MUST ADHERE TO THEIR OBLIGATIONS WHEN RESPONDING TO SEVERE WEATHER CLAIMS
- EXPECTS MORE FOCUS BY INSURERS ON RESOLVING ANY OUTSTANDING CLAIMS RELATED TO FLOOD EVENTS THAT OCCURRED IN 2022
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