Mondaq All Regions - Poland: Insurance
CMS Cameron McKenna Nabarro Olswang LLP
Insurance companies may, as a general rule, charge policyholders for early surrender of their investment as long as the amount charged is justified by the costs involved.
CMS Cameron McKenna Nabarro Olswang LLP
Changes to motor insurance laws are being introduced on 14 October 2011, 1 January 2012 and 11 February 2012.
CMS Cameron McKenna Nabarro Olswang LLP
On 8 November 2011 the insurance company TUW SKOK has been fined PLN 500,000 (c. €114,000) by KNF, Poland’s Financial Supervision Authority, because its prices were too low.
CMS Cameron McKenna Nabarro Olswang LLP
Insurers may be obliged in exceptional cases to pay above the limits stipulated in an insurance agreement, according to a Supreme Court ruling about civil liability pensions.
CMS Cameron McKenna Nabarro Olswang LLP
Property and personal insurance policies taken out after 9 August 2007 are affected by changes to the Civil Code.
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