Mercuries Life Insurance Co., Ltd. was fined
2019-04-26
When handling claims for lifetime surgical and health insurance, Mercuries Life Insurance Co., Ltd. did not carry out proper review in violation of Item 2 of Subparagraph 3 of Article 8 and Article 17 of the “Regulations Governing Business Solicitation, Policy Underwriting and Claim Adjusting of Insurance Enterprises”. The FSC thus imposed a fine of NT$1.2 million on the insurer in accordance with Paragraph 5 of Article 171-1 of the Insurance Act.
Visitor:
7433
Update:
2019-06-18