FMG pays $2.1m penalty for fair dealing breaches
The rural insurance company admitted its failures and paid back over-charged customers.
Rural sector insurer FMG has admitted to fair dealing breaches and misleading statements and agreed to pay a $2.1 million penalty.
The Financial Markets Authority said FMG Insurance Ltd and Farmers’ Mutual Group (FMG) made misleading representations in some of insurance products, breaching the
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