Sept 30 (Reuters) - Australian Securities and Investments Commission:
* COMMENCED CIVIL PENALTY PROCEEDINGS IN FEDERAL COURT AGAINST ALLIANZ AUSTRALIA INSURANCE AND AWP AUSTRALIA PTY
* CONDUCT CONCERNS ALLEGED BREACHES OF CORPORATIONS ACT AND ASIC ACT RELATING TO MISLEADING & DECEPTIVE CONDUCT & GENERAL LICENCE OBLIGATIONS
* ALLEGES ALLIANZ DID NOT CORRECTLY DISCLOSE HOW PREMIUMS WERE CALCULATED IN PRODUCT DISCLOSURES ON EXPEDIA WEBSITES BETWEEN 2015-2018
* ALLEGES ALLIANZ AND/OR AWP ALLOWED SALE OF INSURANCE TO CUSTOMERS INELIGIBLE TO MAKE CLAIMS UNDER POLICIES