Sanction Decision on Fubon Insurance
2019-09-16
Fubon Insurance is found to agree to underwrite a borrower’s residential fire insurance policy without examining the signatures of the applicant and the insured and increasing the coverage on its own. The FSC imposes a fine of NT$600,000 on the company in accordance with Paragraph 5, Article 171-1 of the Insurance Act. For further information please refer to the website of the Insurance Bureau in Chinese version.
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9377
Update:
2020-10-27