The First Insurance Co., Ltd. was fined
2019-04-22
The First Insurance Co., Ltd. did not carry out residential fire insurance policy renewal operations and compulsory automobile liability insurance application operations according to the regulations and did not follow internal regulations when handling collection of premiums for automobile insurance and handling the placement of advertisements. The FSC thus imposed a fine of NT$3 million on the company in accordance with Paragraphs 4 and 5 of Article 171-1 of the Insurance Act and Paragraph 3 of Article 48 of the Compulsory Automobile Liability Insurance Act.
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6333
Update：
2019-08-08