Tag page - catastrophe insurance

AGRI Party-list Rep. Wilbert T. Lee (Facebook)             AGRI Party-list Rep. Wilbert T. Lee was able to secure a commitment from the Insurance Commission (IC) for the revocation of a circular that would have imposed a whopping 400 percent increase in minimum...

The Insurance Commission must suspend the implementation of its Circular Letter No. 2022-34, which seeks to increase the insurance premium rates on catastrophes such as typhoons, floods and earthquakes. (Bernard Hermant/ Unsplash) AGRI Party-list Rep. Wilbert T. Lee reiterated this call Sunday,...

AGRI Party-list Rep. Wilbert Lee wants the House of Representatives to probe the impending abrupt and unreasonable increase of "catastrophe insurance" premium rates, which he claimed will greatly affect the prices of basic commodities. AGRI Party-list Rep. Wilbert T. Lee (Ellson Quismorio/ MANILA...