Regulators should name and shame insurers who don't lift their game: Robertson

Tue, 29 Jan 2019

By Paul McBeth Jan. 29 (BusinessDesk) - Regulators should name and shame errant life insurers who don't mend their ways, Finance Minister Grant Robertson says. The government is fast-tracking legislation to protect consumers after a joint Reserve Bank-Financial Markets Authority report into life insurance conduct outlined a range of poor behaviour, including selling products to customers who weren't eligible for cover, and charging for old policies after a customer had transferred to a new one. Robertson told reporters at the Prime M...

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