At the meeting of the Working Group on Review of Insurance Business and Financial Market Development Council at the Ministry of Finance, the postulate contained in the interpellation of MP Bozena Szydlowska regarding partial financing of the units of the Volunteer Fire Brigade and the State Fire Service by insurance was evaluated critically.
Financial Market Development Council will work on legal regulation of the performance of the so-called compensation office
The Working Group on Review of the Insurance Law of the Council of Economic and Financial Market Development at the Ministry of Finance has started a discussion about the legal regulations of the performance of so-called compensation office. The meeting was held on 29 September this year.
Working Group on the review of business insurance at the Council of Financial Market Development negatively assessed the Insurance Ombudsman project on targeting automotive experts
Working Group on the review of business insurance in the Council of Financial Market Development at the Ministry of Finance criticized the Insurance Ombudsman project, which aims to modify the role of automotive experts.
Meeting of the Justice and Human Rights Committee in the Parliament on the government’s draft law on the recovery of claims in the group proceedings
18th September 2009 a meeting of the Justice and Human Rights Committee, devoted to discussion of the possible consequences of the implementation of the government’s draft law on the recovery of claims in the group proceeding (No. 1829) took place. Apart from MP’s and the initiators’ representatives, there were also representatives of the Polish Insurance Association, the Polish Bank Association and the Polish Confederation of Private Employers “Leviathan” present.
The Regulation of the Minister of Agriculture and Rural Development on the refund of excise duty included in the price of diesel used for agricultural production
The Ministry of Agriculture and Rural Development on 27 August 2009 turned to the Polish Insurance Association for an opinion on the draft decision of the Minister of Agriculture and Rural Development amending the Regulation on the target subsidy to the proceedings on the refund of excise duty included in the price of diesel used for agricultural production and its payment – with the deadline to respond to the following day, ie 28 August this year.
On 26 August 2009 during a meeting of the Public Finance Commission of Poland the first reading of a law project on export insurance guaranteed by the Ministry of Treasury was held. As a result of concerns about the scope of the project and many questions to the government, the Commission decided to forward the project to the Subcommittee of Financial Institutions.
If we are to insure a flat or a car, we use mostly assistance of an agent. On the contrary, on life insurance market we choose among brokers, banks and financial institutions – this is shown by preliminary data collected by the Polish Insurance Association.
Thursday’s decision of the Seym on so-called towing, rejecting all the amendments of the Senate, means permission to drive a car without a third party insurance contract. Seym dropped practically all the sanctions for the lack of policy, which – let us remind – is obligatory in Poland. The law states a penalty of 50 zl for a driver who does not carry an acknowledgment of the policy. If the vehicle is uninsured, UFG imposes a penalty on the driver.
Last year the Poles spent more than 25 billion PLN for health care from their own pockets. According to forecasts made by the Polish Association of Insurance by the beginning of 2012 level of these expenses will have increased to 40 billion PLN. Meanwhile, the revenue from health insurance policies is only 120-150 million PLN, representing only 0.5 – 0.6 percent of private expenses on health services. What is the future of health insurance in Poland? Will it develop for the benefit of patients? PIU representatives outlined three possible scenarios for the development of health policy in Poland until 2012.
Insurance companies affiliated to the PIU will sign an agreement on the principles and procedures for mutual recognition of claims of the voluntary motor insurance. The agreement, the initiative of the PZU means a considerable improvement of the recognition and implementation of recourses by the company.