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New Law: Legal Protection Insurers Face Additional Costs in Millions - Insurance Industry-Today

Summary by Versicherungswirtschaft-Heute
As of 1 June, the costs of access to the law will increase strongly in Germany. The reason for this is the entry into force of the cost and maintenance compensation law amendment law. Thus, among other things, the fees for lawyers and courts will be increased. Appreciable consequences for consumers and insurers are to be expected, reports the GDV. The article New Law: Legal protection insurers threaten additional expenses in millions appeared fi…
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As of 1 June, the costs of access to the law will increase strongly in Germany. The reason for this is the entry into force of the cost and maintenance compensation law amendment law. Thus, among other things, the fees for lawyers and courts will be increased. Appreciable consequences for consumers and insurers are to be expected, reports the GDV. The article New Law: Legal protection insurers threaten additional expenses in millions appeared fi…

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Versicherungswirtschaft-heute broke the news in on Friday, May 30, 2025.
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