All clients of Segna, the insurance company intervened by the Insurance Superintendence this week, are being instructed to insure their properties with alternative insurance companies. Their policies will be canceled on the last day of this month, and clients should seek any payments due to them before that date, including those with pre-paid policies. Meanwhile, Tricom has denied Insurance Superintendent Rafael Santos Badia’s claim that Segna made investments in the telecommunications company. The only relationship Tricom had with Segna, according to a statement printed in today’s newspapers, was that of insurer and insured. Ana Mitila Lora, in her Listin Diario colum “Mochila al hombro”, questions the handling of this latest collapse: “Is it logical that the government should bear the brunt of yet another collapsed company? The measure increases unemployment and the size of the hole in people’s pockets. It is essential to insist on transparency in both the private and public sectors; it is the citizens who end up paying for the broken dishes.”<\/p>\n","protected":false},"excerpt":{"rendered":"
All clients of Segna, the insurance company intervened by the Insurance Superintendence this week, are being instructed to insure their properties with alternative insurance companies. Their policies will be canceled on the last day of this month, and clients should seek any payments due to them before that date, including those with pre-paid policies. Meanwhile, … <\/p>\n