MLC agrees to pay $10M penalty in ASIC case
Alexander Di Stefano
2023-05-01 11:56 pm
MLC has agreed to cop a $10 million penalty for admitted breaches of the Corporations Act in an ASIC case that alleged the insurer failed to promptly update medical terms in policies and withheld payment of a life insurance benefit.
For information on rights and reprints, contact subscriptions@lawyerly.com.au