MLC hit with AU$10 million penalty – ASIC promises to take similar action against insurers who don’t act in good faith

Australia's Federal Court found MLC contravened the ASIC Act, the Corporations Act, and the Insurance Contracts Act.

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Mlc hit with au million penalty asic promises to take similar action against insurers who dont act in good faith
Mlc hit with au million penalty asic promises to take similar action against insurers who dont act in good faith
Mlc hit with au million penalty asic promises to take similar action against insurers who dont act in good faith
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Mlc hit with au million penalty asic promises to take similar action against insurers who dont act in good faith

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