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Suncorp, Youi fall under royal commission spotlight

Natural disaster insurance case studies involving Suncorp and Youi will be examined at the Hayne royal commission’s next round of hearings.

The commission on financial services misconduct will consider issues arising from Cyclone Debbie last year, a Broken Hill hailstorm in November 2016, bushfires at Wye River in December 2015 and floods in the Hunter Valley in April 2015.

The fourth round of hearings focuses on the experiences of people in regional and remote communities, and will be held outside Melbourne for the first time.

The commission will also examine farming finance and interactions between Aboriginal and Torres Strait Islander people and financial services groups. Hearings will be at Brisbane Magistrates Court next week and at the Supreme Court in Darwin from July 2-6.

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