DEBUG — Item Date: June 17, 2026
Suncorp exits retail tobacco insurance business
📰 Curated Industry Article
This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story.
Australian firm Suncorp Group Ltd. stopped offering insurance to new tobacconist clients last year, citing higher risks and illegal activity in the industry, Insurance News reported. The insurer retained existing policies and continues to offer renewals but will not accept new clients to protect its portfolio from soaring costs.
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📰 This article is sourced from a trusted insurance industry publication. Legacy Life Insurance Group shares this for informational purposes only. Always consult a licensed advisor for personalized guidance.