New Appreciation of the Third Party Liability Insurance
Insurance companies have warned that another price increase for mandatory Third Party Liability insurance lies just round the corner, wrote newspaper “Now”.
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Photo by BGNES
Car thefts in Bulgaria are on the rise according to data of the insurance companies.
In a letter to the Deputy PM Daniela Bobeva and the Confederation of Employers and Industrialists in Bulgaria, representatives of the major insurance companies claim that in 2013, car thefts in Bulgaria have grown by 50% and urged the government to take measures for protecting members of the public and the companies.
At the same time, the Interior Ministry's data shows an increase of 23%. The discrepancies may be explained with the slow police procedures.
Ivo Gruev of Bulstrad Vienna Insurance Group said that in 2013, the company saw an 82% increase in compensation payments. According to him, more than 1,000 luxurious cars had been stolen in Bulgaria over the past year.
According to Asen Hristov of Euroins Insurance Group, his company has seen a growth in the thefts of low and middle class cars.
"The cars are mostly stolen to be taken apart and sold as secondhand parts in the auto morgues", Hristov specified.
The data of the insurance companies shows that the most frequently stolen cars in Bulgaria are the BMWs.
A young man from Chirpan has died after spending months in a coma following a violent assault that reportedly began over a dispute involving cigarettes
A 53-year-old man with a criminal record has been detained in Bulgaria during a targeted police operation against vote buying, carried out in the village of Brestnitsa in the Lovech region
A criminal network linked to Bulgaria has been accused of defrauding dozens of elderly people in northern Greece through an elaborate telephone scam that resulted in losses exceeding 600,000 euros, according to Kathimerini.
A premeditated murder investigation is underway after a violent incident in the village of Kokalyane near Sofia, where a man is accused of fatally stabbing another person inside a garage that had been adapted for living
Italian authorities have launched an investigation into a large-scale scheme involving the illegal export of hazardous waste to Eastern Europe, with five Bulgarian nationals among those under scrutiny
Authorities in Bulgaria report a significant escalation in efforts to combat election-related violations, with 183 individuals detained in connection with crimes against electoral rights
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