PIU on Economic Forum in Krynica

28 October 2010
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News

Polish Insurance Association for the first time took part in the Economic Forum in Krynica. In this year’s edition, which took place on 9 – 12 September, PIU has organized a panel discussion “Private health insurance as part of health care in Europe.”

The European Commission expects clarification from the Polish authorities on liquidation of towing vehicles without MTPL

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The European Commission responded to the information provided by Polish Insurance Association on 1 June this year on non-compliance with the EU standards governing the Polish law for drivers to hold mandatory liability insurance policy (OC). PIU appealed to the EC amendment of the Law on Road Traffic about liquidation of the right of the police to tow a vehicle without OC and not introducing in its place any other penalties.

The trial against Casus

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Legal proceedings have started against Casus Investigation of Insurance Claims company, which, according to the Polish Insurance Association, misleads customers through their advertisements, by giving false information on insurance companies. District Court in Warsaw has already given the case a signature II C 620/09.

PIU work on a new law on tourist services

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Polish Insurance Association supports the idea of a Travel Security Fund (FZT) – a mechanism for protecting clients against unfair travel agencies. The fund would be based on contributions paid by all tour operators. The contribution will depend on a type of service – the highest would be paid for a customer who is sent on charter trip, less for the client sent on a bus trip or youth trip. This system would complement the current model of the guarantee provided by commercial insurers. The guarantee would remain the basis for the system. PIU also proposes that the charter tour operators could operate only as joint-stock companies – perhaps with a larger amount than the statutorily required 0.5 million PLN. From this point of view, charter tour oparators are most likely to announce the bankruptcy.

PIU begins cooperation with PAIiIZ

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The Polish Insurance Association begins cooperating with the Polish Information and Foreign Investment Agency (PAIiIZ). PIU prepared a report – “The insurance market in Poland in 2008.

Additional technical testing of vehicles is not always needed

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Another amendment to the Law on Road Traffic was published in Dziennik Ustaw (No. 97 pos. 802 of 23 June 2009). It introduces new rules for further technical examination of the vehicle, whose cost is included in the compensation of the third party insurance (OC) or mandatory Casco (AC).

Amendment of the Law on Insurance Business

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On 10 June this year the Parliamentary Committee on Public Finance adopted a bill in the first reading: an amendment on the Law on Insurance Business and the Law on Public Offering of Financial Instruments to Organized Trading and Public Companies.