FAS fined insurer for 70 million rubles.

Book explains the collusion of insurance companies, which led to the rise in price policies Hull. In the next two months, the Federal Antimonopoly Service (FAS) intends to bring administrative charges five companies, who will be fined an amount exceeding 70 million rubles. Said the deputy head of department Andrey Kashevarov. Total antitrust laws violated 7 companies, but one of them had already lost the license and the other has actively cooperated with the authorities. Three insurance companies have cooperated with the FAS Russia during the investigation. On the first, which took advantage of the leniency program for participation in the cartel, there is reason for a full exemption from "working fine" under the Code of Administrative Offences. In relation to the other two we have reason to apply the minimum penalty. Penalty for JSC "Russian Insurance Company" will not be imposed because of the bankruptcy procedure »,