Insurance Superintendency temporarily suspends resolution on mandatory insurance and calls for public consultation

Redacción De Último Minuto
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Santo Domingo.– The Superintendency of Insurance announced the temporary suspension of the effects of resolutions 05-2025 and 07-2025, which modified the minimum coverage limits and rates of the mandatory insurance for motor vehicles. Through Resolution No. 10-2025, the opening of an extended public consultation process is established for a period of six (6) months, with the aim of ensuring effective participation from the impacted sectors, including transport unions, insurance companies, consumer organizations, representatives of the legal, academic, and general citizenry sectors.

 “Esta decisión es un paso hacia adelante en el fortalecimiento del proceso regulatorio. En lugar de imponer una norma, preferimos construirla junto a los sectores que representa y protege”,

expresó el superintendente de seguros, Julio César Valentín Jiminián.
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During the suspension period, the previous scheme provided for in Resolution 010-2002 will remain in force. The Superintendency reported that in the coming days it will announce the official schedule of the consultation, which will include public hearings, the enabling of digital platforms and institutional mechanisms to receive observations and proposals that contribute to improving the regulation of mandatory insurance. The measure is based on the provisions of Law No. 146-02 on Insurance and Bonds, as well as the provisions of Law 200-04 on Free Access to Public Information, Law 167-21 on Regulatory Improvement, Law 107-13 on Administrative Procedure, and on constitutional principles of participation, reasonableness, and legal certainty.

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