CommInsure has been hit with a $700,000 criminal penalty for breaching anti-hawking rules, but avoided a maximum penalty of $1.85 million by making an early guilty plea. The bank-owned insurer has also agreed to refund more than $12 million to 30,000 customers who were incorrectly sold a range of life products by Aegon.
https://insurancenews.com.au/life-insurance/comminsure-set-for-sentencing-after-guilty-plea
