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Image header Agence Europe
Europe Daily Bulletin No. 12751
Contents Publication in full By article 31 / 36
NEWS BRIEFS / Insurance

Member States green-light agreement with European Parliament on Motor Insurance Directive revision

29/06/2021 (Agence Europe)On Monday, 28 June, Member States’ permanent representatives (Coreper) gave the green light to the agreement reached between European Parliament and EU Council negotiators last week on the revision of the Motor Insurance Directive (see EUROPE 12746/22). Proposed in 2018, the revision aims to increase compensation for victims of road accidents in a cross-border context (see EUROPE 12026/6). The agreement notably envisages the creation, in each Member State, of bodies ensuring that, if the insurance undertaking of a vehicle responsible for an accident is insolvent, injured parties can be compensated in their Member State of residence. It also introduces mandatory use of a ‘Single Claims History Statement’. The directive is expected to be finally adopted in the autumn. See the text of the agreement: https://bit.ly/3hh8OPJ (MF)

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