Carpark bingles spike in the festive season

RAC is urging Christmas shoppers to stay alert when navigating busy carparks this festive season, as data reveals December 23 and 24 were the worst days in 2022 for carpark bingles.

RAC Insurance response to APRA announcement

The Australian Prudential Regulation Authority (APRA) has provided RAC Insurance with a number of recommendations relating to governance. As a result, APRA has advised RAC Insurance that it will apply an additional capital requirement of $20 million, effective 1 November 2023.

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