AUS$ 82 million was fined for short-term health insurance failure to comply with the notification obligation.
Deborah
Jun 5
Photo sources: Tutsi creative On 6 May, the Board of Governors disclosed several tickets, and the American Property Insurance Company (hereinafter referred to as “the American Aesthetic Insurance”) was revamped and warned of four violations, the company was punished by $7.1 million, and the responsible persons were punished by $1.1 million, totalling $8.2 million. During the period 2019 to 2021, the following irregularities were identified: 1. Failure to apply the applicable insurance provisi...
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