Southeast Insurance and Thai Insurance filed a lawsuit against Suttipol Taweechaikarn, secretary-general of the Office of Insurance Commission (OIC), accusing him of unlawfully forbidding insurance firms from terminating Covid insurance policies with a lump sum payment and causing serious damage to the companies.
The indictment requests the Central Administrative Court revoke the Registrar’s Order No. 38/2564 prohibiting the cancellation of the termination of the Covid insurance for non-life insurance companies, issued July 16, 2021, with retroactive effect to the issuance date and temporarily suspend the enforcement of the order before the judgment is reached.
Mr Suttipol said the court is currently considering if the lawsuit was filed within the timeframe as specified by the law.
He said the lawsuit must be filed within 90 days after the issuance of the order…
