NRMA board at war

Infighting continues to plague Australias largest general insurer, NRMA. The latest spat involves the companys chairman Nick Whitlam and fellow board member Anne Keating. In a report prepared by Queens Counsel Robert McDougall, Ms Keating and Robert Dempsey — a former strategic consultant to the company — are understood to be named as the sources of leaks to the media about a confidential board report critical of Mr Whitlams behaviour at the 1998 annual general meeting (WIR 653/1). The report into the leaks allegedly cost A$300,000 (US$155,000) to prepare.