Publication

On 29 December 2014 the Constitutional court struck down several provisions of Rules No 331 of the Cabinet of Ministers dated 17 May 2005, which prescribed the amount of insurance indemnities concerning a wide and ambiguous range of persons. It might seem as a revolution adversely affecting insurance companies. But can the state really impose an obligation on the insurance companies to cover the losses incurred due to a gross mistake of the state itself?

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