RACQ has 27 per cent of the market and will cease offering new CTP cover from October this year. As a major provider of general car and home insurance, and roadside assistance, in the state, RACQ said on Wednesday it would sustain its other offerings.
In 2017 the customer-owned organisation had threatened to quit CTP over inadequate profits, but stuck with it at the time. Earlier this year, as revealed in The Australian Financial Review, it again warned it could leave after…
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