INSURANCE NSURANCE AND OPEN SUPPLEMENTARY SOCIAL SECURITY
1) BILL No. 3139/2015
The House of Representatives approved Law no. 3139/2015, as a
substitute, that regulates associations and cooperatives that offer
vehicle protection. If no objection is presented, the bill will be
sent to the Senate, which may approve it in full, and then, it will
be submitted to the President for sanction, or may modify it, in
which event the bill will be sent back to House of Representatives
to be voted.
The bill was proposed by Federal Representative Lucas Vergilio
(Solidarity- SD political party/State of Goiás) and is
intended to put the so-called "pirate associations" under
the supervision of the Private Insurance Superintendence (SUSEP)
and the National Council of Private Insurance (CNSP). The term
"pirate associations" was created to designate
cooperatives and mutual funds that offer insurance to their members
or develop insurance activities, as if they were insurers in
fact.
