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Sunday, July 3, 2011

Insurance Bureau of Jiangsu Province sternly refused insurance and Enterprise behavior

Every reporter Huang Junling sent from Beijing, June 7, the economic daily news report on the China and the casualty Ruth Rosen door of dispute: strong insurance with "trick" highlighting the dilemma of who? , Some areas of this insurance company is not willing to make strong underwriting tractor across regions resulting from the insurance "trick" after reports published, triggering a strong concern, this newspaper recently received related feedback from the insurance company and the local insurance office. The reality is that difficult to achieve strong profitable tractor insurance business has shaped with the chicken. Many years of losses on strong side tractor insurance, one side is bound by the existing regulations, insurance companies are caught in the middle of the day is not better. News playback: strong farmers buy insurance against the defendant insurance weekly recommended reading: Storm safe involvement haixin shares owned pipe investigation storm disaster danger-don't forget to vote Wade was the protection of health is expected within months of funds granted 1 billion insurance product specification for more selling short China insurance regulatory Commission to be more variable annuity insurance into a bear market life-saving straw tendencies on the other side of risk capital investment balance? Deciphering the trader password, grasp the main trends of Shi Suorong, Jiangsu liyang an ordinary farmer. In September 2010, Shi Suorong to spend $ 1500 to find a local salesman and ginger to a strong insurance do the tractor. 3 months later, on January 10, 2011, Shi Suorong car in town, liyang city, Jiangsu Province on town of chuxian, insurance on his life casualty insurance company--country of liyang loss amount after the company reported $ 839. He makes claims information, liyang Branch staff told him that he is not the policy of liyang, but China PICC Qiqihar branch of the Centre, would he send the claims information to Heilongjiang to sth Just three months after the submission of information, he did not wait for the ping casualty claims, but a court summons. China PICC Qiqihar branch of the Centre in the civil complaint said Shi Suorong through temporary residence permits and certificates for motor vehicles, down on tractor strong policies, request imposed strong insurance contract invalid. Afterwards, by the daily economic news reporter found that was originally the insurance intermediary to contract this insurance business through fake documents in Heilongjiang insurance against a strong policy. On, insurance related persons said, Shi Suorong was litigation this a case, reflect has current cross strong insurance bearing insurance in the exists of embarrassing: while, cross strong insurance belonging to forced insurance, tractor to road, and years trial, on must insured, and insurance company also shall not refused insurance; but on the, because losses serious, 2009 yilai, part area appears refused insurance motorcycle, and tractor cross strong insurance of phenomenon. Such insurance-related person told the economic daily news reporter, tractor strong insured risks still exist in some areas under difficult circumstances, believed Shi Suorong experiences are by no means the case, by Shi Suorong complained that atypical cases, related sector concern about hope, for branches of the insurance company refused, delays make strong underwriting tractor insurance problems, strengthen supervision and management. Progress events: Insurance Bureau: investigation of rejection of insurance companies recently, China head of casualty-related content of the reports to the economic daily news reporter that China PICC does not refuse top tractor insurance, if China property casualty agencies refused top tractor insurance customers can complain to regulators. On June 16, Jiangsu Insurance Office shall also reply by fax the daily economic news reporter: If the insurance company has refused a tractor cross-strong force tying or other types of insurance-Insurance Act will be severely punished according to the law. Under promoting by regulators, it is difficult to cover up the tractor strong risk embarrassment of many years of losses. According to data from the Insurance Bureau of Jiangsu since 2007, Jiangsu tractor strong risk continued losses, 2007-2010 years underwriting loss of $. The Council believes that tractor strong risk of loss, reason for not improving the existing system, also have a high rate of tractor accident in Jiangsu Province, areas of high personal payment reason, because there are a large number superstandard tractor, resulting in industry-wide tractor strong risk serious losses, insurance occurred in some regions strong enthusiasm is not high risk issues. It is reported that strong risk heavy losses for tractor problems, Insurance Bureau of Jiangsu Province in the December 2009 United financial Office and the agricultural machinery sector, rates have been adjusted on tractor, parts to improve the plight of insurance losses, but the problem has not been fundamentally resolved, element of the offence tractor strong insurance intermediary or "yellow cattle" relatively low flow rates outside the province. Jiangsu insurance prison Council said, for do tractor cross strong insurance bearing insurance work, the Council will from four aspects for specification: a is clear supervision policy, requirements insurance company not to missing policy, and superior nuclear insurance policy not allows, and non-local licence, reasons refused or delay bearing insurance cross strong insurance; II is strengthening patrol check check intensity, serious investigated cross strong insurance refused insurance problem; three is properly processing petition complaints, for petition complaints reflect of cross strong insurance refused insurance or forced tying other commercial insurance species of problem, requirements insurance company actively rectification, makes complaints people of cross strong insurance are get timely insured; four is guidance around industry association take effective measures solution cross strong insurance insured difficult problem. 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