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Labor Calls for Insurance Industry Royal Commission

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The federal government says there will be a Senate inquiry into the Comm-Insure scandal and has confirmed the corporate watchdog, Australian Securities and Investments Commission (ASIC), is also investigating. Image: CommInsure is the life-insurance arm of the Commonwealth Bank. (AAP)


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By Anita Clark

Source: SBS



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The federal government says there will be a Senate inquiry into the Comm-Insure scandal and has confirmed the corporate watchdog, Australian Securities and Investments Commission (ASIC), is also investigating. Image: CommInsure is the life-insurance arm of the Commonwealth Bank. (AAP)


But the opposition is calling for a Royal Commission into why dying policy-holders were denied insurance payouts.

 

 


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