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Parliamentary committee discusses presidential referral on motor vehicle insurance legislation

On Monday, the House Committee on Human Rights reviewed the President of the Republic's referral regarding the Motor Vehicles Law concerning third-party insurance. The legislation, originally proposed by independent MP Alexandra Attalidou, aims to eliminate age-based discrimination in vehicle insurance. Counsel for the Republic Elli Florentzou stated that the Legal Service does not seek to repeal the law but rather to improve its structure. The proposed amendments clarify that the prohibition on insurers denying coverage or increasing premiums without documented justification applies specifically to existing policyholders. This change is intended to prevent legal interpretations that could be viewed as infringing upon insurance companies' rights to select clients. Members of the committee expressed positive reactions to the proposed technical corrections. The discussions focused on ensuring the law is legally robust against potential court challenges regarding contractual freedom. No final vote was mentioned, but the committee moved forward with reviewing these specific legislative amendments.

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