• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Almost half of the rural population lives on less than USD 2.80 a day
The unemployment rate for women increased from 5.7% to 7.4% between 2019 and 2020
In one year, more than 650,000 people lost their jobs; index would recover in four years, according to experts
Information technology (ICT) reduced the digital divide in the country
Fishing sector rejects proposal to expand the Galapagos marine reserve
Municipality of Guayaquil announces that it will acquire the Russian vaccine Sputnik V, the Chinese Sinovac and the Oxford doses
Flights in Ecuador fail to recover the frequencies of before the pandemic
Achievements of digital transformation are exposed in “A Digitized Country, A Modern Country”
Yaku Pérez: ‘I am not a supporter of violence; I am adept of a resistance ‘
If the bill for the Defense of Dollarization in Ecuador is not approved, the next IMF disbursement of $ 450 million would be put on hold

The CNEL and Seguros Sucre must pay $ 39.4 million

Posted On 03 Jul 2017

Ecuadornews:

 

 

The state company Seguros Sucre is obliged to pay, in a peremptory term, a millionaire compensation to the Public Company Corporación Nacional de Electricidad (CNEL EP) for the damages caused by the earthquake of April 16, 2016, to the assets and offices of that company, which are covered by a multi-risk policy.

 
A resolution issued by the National Insurance Office issued on May 19 gave the insurer a period of 10 days, counted from the notification, to reimburse the amounts claimed by the CNEL. The latter has quantified the damages in $ 39’439.199,31.
 
The decision of the Insurance Administration is the culmination of a conflict that began in May 2016, after the CNEL formally filed the complaint.
According to the CNEL, the insurer had initially recognized the payment, but then this was hampered by differences in criteria in the interpretation of the policy.
Attorney Xavier Vizueta, who represents CNEL EP in this dispute, says that the insurer has refused to recognize the economic reparation. “The amazing thing is that once it was notified of the compensation claim, it asked the authority to reject it and to file it.”
He explains that the allegation of Seguros Sucre is that the contracted insurance does not cover the public lines of electric power transmission. “We clarify that the CNEL has sub-transmission lines that are covered in the policy,” contends the lawyer.
Faced with the resolution that requires the payment of this millionaire compensation, Seguros Sucre was left as a legal option, to challenge it before the maximum authority: the Superintendent of Companies. (I)

 

Source: http://www.expreso.ec/actualidad/un-pago-por-39-4-millones-enfrenta-a-cnel-y-seguros-sucre-EX1514547

About the Author
  • google-share
Previous Story

President Lenin Moreno opened the most modern dairy plant in the country

Next Story

A 21-month stagnation for the construction sector

SEARCH

LATEST NEWS

Almost half of the rural population lives on less than USD 2.80 a day

Posted On 04 Mar 2021

The unemployment rate for women increased from 5.7% to 7.4% between 2019 and 2020

Posted On 04 Mar 2021

In one year, more than 650,000 people lost their jobs; index would recover in four years, according to experts

Posted On 04 Mar 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net