The Insurance Commission (IC) is proposing to increase premium rates for motor vehicle insurance while also expanding the maximum coverage for policyholders. A draft circular dated June 27, intended for review by non-life insurance companies, proposed an increase in certain basic premium rates for...
The Land Transportation Office (LTO) is now crafting measures to increase the benefits of motorists from motor vehicle insurance following consultations with transport groups and even insurance providers. LTO chief, Assistant Secretary Vigor D. Mendoza II also vowed to run after unauthorized...
With the gradual easing of restrictions, the chaotic Manila traffic is back. Instead of the peaceful and empty intersections, in its place is heavy traffic, harried drivers and commuters, and shorter tempers makes for the perfect setting for road accidents. Whether you’re going on a long or short...