CAR INSURANCE
October 1st, 2003
BY KEITH NUTHALLA POLITICAL battle is brewing between the European Union (EU) insurance industry and the European Parliament over a safety net law defining the minimum cover that must be offered by insurers selling compulsory motoring policies, which are required by national laws. In a reform of this law, MEP's want to raise the minimum amount of coverage regarding personal accident and property damage liability in road accidents much higher than that desired by insurers. The European Parliament's legal affairs committee has framed amendments to proposals from ...
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