Confindustria Blames the State for Vehicles Insurance Policy Increase
Albanian Daily News
Published August 29, 2016

Confindustria
reacted harshly over the recent increase of the vehicles insurance policy. Through
a press statement released on Monday this organism experts considered this a
result of an oligopoly situation and the state’s incapacity to react. Confindustria
underlined that state’s absent reaction is due to the capture by the extended corruption
in this sector.


“The
synchronous increase of the vehicles obligatory insurance policy by every
company is a clear indicator of the market’s oligopoly situation with grave
consequences for the business, the citizens and the national economy” declared
Confindustria experts.


They
stressed that this fact becomes even more worrisome considering the insurance
policy increase by over 300% through the “Fait-accompli” practice for over
500.000 vehicles during last two years.


Confindustria
declared that a request for a complete review of the existing legislation will
soon be submitted to the parliament. 





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