Senate passed the MTPL (RCA) law. The resignation of ASF’s head required


Get real time updates directly on you device, subscribe now.

The Senate adopted Tuesday the MTPL (RCA) law proposal and after two weeks is going to get the Chamber of Deputies’ vote.

The entry on the MTPL market of a state-controlled insurer and the introduction of a reference price half-yearly calculated by Financial Supervisory Authority (ASF) are the main amendments of the law.

The law also provides the limiting insurers’ logistics costs to a maximum of 25 percent of the premium value, but also taking into account the damage history of the driver in the transport companies situation. These amendments were requested by transporters associations.

The law’s initiators expect the legislative proposal to be promulgated by year-end.

On the other hand, liberal senators have demanded the resignation of ASF President, Misu Negritoiu for how he handles the insurance crisis, notes.

The employers’ associations – UNTRR, APTE 2002, FORT, ARTRI, APULUM – ask the government to issue an emergency ordinance in order to freeze the MTPL tariffs at the average level of the Milliman report.

On September 15, 2016, the road transporters will organize a national protest against the motor third party liability insurance tariffs.

DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.
So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRL
UniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002

Leave A Reply

Your email address will not be published.