Government Sanctions New Rural Insurance Framework
4 Articles
4 Articles
President Luiz Inácio Lula da Silva has vetoed a law that prevents the government from curbing the resources used to pay part of the insurance contracted by rural producers. Published on Wednesday in the Official Journal of the Union (DOU), the measure also reformulates the rules of a fund aimed at helping insurers to carry out losses in the field and allows the insurance to be used as a guarantee in the contract of credit. Rural insurance cover…
Presidential sanction preserves central points of the new legislation, but vetoes and regulations still leave a question in the air: the protection will reach the producer before the next loss? The post Rural insurance became law and now lacks to become protection in the field apareceu primeiro em ND More
Forbes, the world's most renowned business and economic magazine. New legislation creates fund against climate events and strengthens protections in rural credit The post Rural Insurance Law Promises Stability, Although Vetos appeared first in Forbes Brazil.
New legislation transforms economic subsidy to insurance premium into compulsory budgetary expenditure
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