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HIH Insurance was Australia's second-largest insurance company before it was placed into provisional liquidation on 15 March 2001. The demise of HIH is considered to be the largest corporate collapse in Australia's history, with liquidators estimating that HIH's losses totalled up to $5.3 billion. Investigations into the cause of the collapse ...
The company was later sold in 2004 to a consortium that includes Nelvana founder Michael Hirsch and was subsequently renamed Cookie Jar Group. [3] Cookie Jar in turn was acquired in 2012 by what is now called WildBrain. In 2016, Weinberg was sentenced to 8 years and 11 months in prison, and is currently on parole. [4] HIH Insurance: Australia ...
Australia's insurance market can be divided into roughly three components: life insurance, general insurance and health insurance.These markets are fairly distinct, with most larger insurers focusing on only one type, although in recent times several of these companies have broadened their scope into more general financial services, and have faced competition from banks and subsidiaries of ...
The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017. Here are our 10 best home insurance companies and even those to steer clear of.
The price of home insurance has skyrocketed to an average of $2,285 a year. But smart homeowners can save up to $980 a year – here’s how This article provides information only and should not ...
CHOICE also holds the annual "Shonky Awards" that highlight dubious or dishonest behaviour from companies. The awards help consumers to identify the worst of the worst, and name and shame that year's shonkiest products and companies. [9] [2] "Shonky" is Australian slang meaning "unreliable, unsound, dishonest, poor or of dubious quality; shoddy ...