login
login
Image header Agence Europe
Europe Daily Bulletin No. 12393
Contents Publication in full By article 26 / 31
NEWS BRIEFS / Insurance

EU Council agreement on revision of Motor Insurance Directive

18/12/2019 (Agence Europe)As announced, the Member States' ambassadors to the European Union (Coreper) adopted without discussion on Wednesday 18 December a political agreement in principle on the proposal to revise the Motor Insurance Directive in order to strengthen compensation for road accident victims (see EUROPE 12026/6). The compromise text (see EUROPE 12391/11) maintains the general principle that each Member State must set up a body to compensate injured parties habitually resident in its territory for damage caused by a vehicle insured by an insurance undertaking which is the subject of bankruptcy or liquidation proceedings. It also provides a specific mechanism for cross-border situations and sets down a definition of "motor vehicle". Negotiations with the European Parliament, which adopted its position in February 2019 (see EUROPE 12194/21), will start under the Croatian Presidency. See the adopted text: https://bit.ly/2Z7G5U8 (MF)

Contents

EUROPEAN PARLIAMENT PLENARY
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
COURT OF JUSTICE OF THE EU
NEWS BRIEFS