IAG offers remedies to Australian watchdog for RAC Insurance deal
By Saloni Sinha ( August 4, 2026, 06:49 GMT | Insight) -- Insurance Australia Group has proposed a court-enforceable undertaking to Australia's competition regulator to address concerns about its acquisition of Royal Automobile Club of Western Australia’s insurance business. In its draft section 87B undertaking published recently on the website of the Australian Competition & Consumer Commission, Insurance Australia Group is offering five years of behavioral commitments covering insurance pricing, product competitiveness and crash repair arrangements in Western Australia.Insurance Australia Group has proposed a court-enforceable undertaking to Australia's competition regulator to address concerns about its acquisition of Royal Automobile Club of Western Australia’s insurance business....
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