Current Affairs: ClearView's admits 300,000cold calls broke laws

Insurance entities are this week facing scrutiny in the sixth round of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. Independent life insurer ClearView Wealth took the stand first, admits it committed criminal offences by making 300,000 unsolicited cold calls to sell life insurance, as part of aggressive tactics designed to get as many sales as possible. Ivan Leung and Wai Yee Yeung report.

ClearView's chief actuary and risk officer Greg Martin (centre) leaves the Commonwealth Law Courts in Melbourne. Source: AAP