ELIZABETH JACKSON: A fresh financial scandal has engulfed the Commonwealth Bank, with allegations emerging today of unethical and unscrupulous behaviour in its insurance business, CommInsure.
CommInsure has been fined $700,000 in "a significant message to the financial services industry" after admitting to unlawfully offering life insurance policies in unsolicited phone calls.
The 4 million customers of the Commonwealth Bank's insurance arm CommInsure are not the only ones who were feeling a little anxious following the recent revelations of its appalling treatment of ...
VICTORIA, Australia, Nov. 19-- The Australian Securities and Investments Commission issued the following news release: Following concerns raised by ASIC about unfair telephone sales of life insurance, ...
Macquarie University provides funding as a member of The Conversation AU. In the scandal over possible misconduct by CommInsure, the insurance arm of CommBank, for its treatment of sick and dying ...