The government seeks to broaden the range of activities requiring mandatory insurance with the aim of replacing state licensing as a means to protect consumers and reduce corruption in licensing. The activities for which mandatory insurance will be required have not been identified, but will apparently include cargo transport and postal services. Insurance industry observers warn that in order for mandatory insurance to work, regulation of insurance companies must improve, and service providers must be held liable for failure to carry insurance, which is not always provided for under existing mandatory insurance legislation.
www.vedomosti.ru/newspaper/article/2010/1/12/222694
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