The SM group has opened up its vast shopping mall network nationwide to be a pioneering sales platform for insurance products, beginning with the simplest ones that required relatively small premium payments like compulsory third party liability…
Non-life insurers are open to recognizing the traffic investigation reports of Metropolitan Manila Development Authority (MMDA) personnel but only if other government agencies, including courts, will finally accept these for claims payments. In a recent interview, Philippine…
The Metropolitan Manila Development Authority (MMDA) recently asked the Insurance Commission to call on insurance companies to recognize its traffic investigation reports in order to ease road congestion after accidents. This was on top of the Japan…
THE INSURANCE Commission has again urged the Land Transportation Office (LTO) to address the concerns of non-life industry players that a recent LTO order on the mandatory insurance for vehicle owners would result in a monopoly and…
Question: My wife and I just bought our first car and we need help choosing the right car insurance. Is the basic CPTL insurance offered by the LTO enough? Or is it worth buying a comprehensive car…
THE motoring community—including its insurance sector—learned a valuable lesson as a series of typhoons and other natural calamities hit the country and whipped up a storm of people who wanted to get their cars covered. Figures from…
