RACQ is planning to exit the loss-making compulsory third party (CTP) insurance business potentially leaving more than a million motorists in the lurch as it faces growing financial trouble. The ...

RACQ chief executive David Carter said while the club had built a strong reputation for claims management, it was no longer viable to continue participating in the scheme. “The scheme’s design allows ...

A motoring giant won’t be offering compulsory third party insurance after suffering heavy financial losses because of the scheme. RACQ chief executive officer David Carter said the scheme was no ...

RACQ threatened the Treasurer that it would quit Qld’s $1.4b compulsory car-injury insurance scheme if premium price cuts were enforced. Why did RACQ blink? The threat and backdown are detailed in ...

The 120-year-old motoring club has threatened to abandon their loss-making Compulsory Third Party operation after attracting too many riskier drivers and older vehicles under the scheme, which ­covers ...