"The FSA Council made proposals to improve the initiatives of the regulatory framework and recommended the insurance - reinsurance industry to increase the actions of identification, supervision and control of the excessive behavior of the insurers and insurance intermediaries, as well as proposals for decisive sanctioning of all deviations from the regulatory framework, ethics in the activity of insurance and the fair treatment of consumers", is shown in the press release.
For more information, please see the Romanian version of the article, here.