BRIEF CONSIDERATIONS ON THE EVOLUTION OF INSURANCES. NEW REGULATIONS OF THE FINANCIAL SUPERVISORY AUTHORITY IN THE AREA OF EXTINGUISHING THE DISPUTES USING ALTERNATIVE SETTLEMENTS
BRIEF CONSIDERATIONS ON THE EVOLUTION OF INSURANCES. NEW REGULATIONS OF THE FINANCIAL SUPERVISORY AUTHORITY IN THE AREA OF EXTINGUISHING THE DISPUTES USING ALTERNATIVE SETTLEMENTS

Summary/Abstract: The emergence and evolution of insurances has taken place during a longerprocess, nowadays being part of the tradition and of a means of thinking about the riskexistence and covering the risks resulted from various unwanted events.As novelty, the Financial Supervisory Authority Rule (FAS) No 18/2017 on theprocedure for the settlement of petitions regarding the activity of insurance andreinsurance companies and insurance brokers, states the possibility of alternativesettlements for disputes, by being useful and of necessity in a professional process ofguidance and information of the consumer.

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