INS Won’t Sell Insurance Abroad

April 4, 2008

The Legislative Assembly shot down a motion on a bill that would have allowed the National Insurance Institute (INS) to offer services outside Costa Rica’s borders.

The motion, which was presented on the law that will open the insurance industry to private competition to implement the Central American Free-Trade Agreement with the United States (CAFTA), was voted down by the National Liberation Party (PLN) legislators, as well as the Libertarians.

INS head Guillermo Constenla had told The Tico Times in September that he was hoping the new law would allow him to take the company regional.

 

Facebook Comments

You may be interested

First PeaceJam Youth Summit in Costa Rica
Peace Talks
21 views
Peace Talks
21 views

First PeaceJam Youth Summit in Costa Rica

Alejandro Zúñiga - October 19, 2018

Nobel Peace Laureate Jody Williams will headline the first PeaceJam Youth Summit in Costa Rica next month. The event, scheduled…

The energy of sound
Pic of the Day
236 views
Pic of the Day
236 views

The energy of sound

Alissa Grosskopf - October 19, 2018

“Sound is vibration, vibration is energy and that energy is light,” said Costa Rican musician Carlos "Tapado" Vargas. Apart from…

Human rights defender Alvaro Leiva: ‘There is a permanent darkness in Nicaragua’
Nicaragua
435 views
Nicaragua
435 views

Human rights defender Alvaro Leiva: ‘There is a permanent darkness in Nicaragua’

Katherine Stanley - October 19, 2018

When Alvaro Leiva took the stage at a recent fundraiser for Nicaraguan refugees and immigrants in Costa Rica, all eyes…