Loyalty Tax Class Action Settlements

Loyalty Tax Class Action

You web browser may not be properly supported. To use this site and all its features we recommend using the latest versions of Chrome, Safari or Firefox x Current class actionsLoyalty Tax Class Action Sign-up for updates FAQsRACV, SGIO, SGIC and NRMA home insurance class actionBackgroundOn 28 May 2024, Slater and Gordon commenced a group proceeding (class action) against Insurance Australia Limited (IAL) and Insurance Manufacturers of Australia (IMA) on behalf of RACV, SGIO and SGIC customers.On 9 December 2024, Slater and Gordon commenced a class action against Insurance Australia Limited (IAL) on behalf of NRMA customers.ConsolidationOn 11 March 2025, the Honourable Justice Nichols ordered that the two class actions be consolidated into one proceeding to advance the best interests of group members by avoiding unnecessary cost and delay.Group membersThis proceeding is brought on behalf of current or former RACV, SGIO, SGIC and/or NRMA customers with a home and/or contents insurance policy.If you renewed a home and/or contents insurance policy under the RACV, SGIO or SGIC brands in the period 29 May 2018 and 28 May 2024, or you renewed a home and/or contents insurance policy under the NRMA brand in the period 10 December 2018 and 9 December 2024, you may be affected. Register your interestIf you do wish to participate in the class action, we encourage you to register your interest here. There are no out-of-pocket costs for registering. More information about how the proceeding is funded is available below.Details of the claimThe plaintiffs allege that:IAL and IMA operated a pricing algorithm for their RACV, SGIO, SGIC and NRMA home insurance customers.This algorithm determined which home insurance customers were less likely to switch to a different insurer if their insurance premium increased.