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Changes to the law on compulsory insurance of liability of owners of vehicles

President of Ukraine Viktor Yanukovych on July 30 signed a law № 5090-VI «On Amendments to Certain Laws of Ukraine on compulsory insurance of civil liability of owners of vehicles (OSAGO)." The law was adopted as a whole is 15 March, but April 7 President vetoed it for the first time, demanding to remove from the law norms against which played major insurers, including the loss of control over the insurance reserves. However, the document adopted on May 17, again proved to be disadvantages.

 

Full article in Russian read here

 


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