Audio By Carbonatix
Mrs Emma Ocran, Legal Director of the National Insurance Commission (NIC) has said her institution would from next year be tough on defaulting owners of commercial buildings who flouted laws on insurance policies.
She said by legislation, it was compulsory for all commercial building owners to insure their properties or be liable for prosecution.
Mrs Ocran made the disclosure at an outreach programme on insurance and compensation fund for vehicle owners and driver in Hohoe.
She therefore called on such recalcitrant members of the public to correct the anomaly or face prosecution.
Mrs Ocran said inventory was being prepared and "my humble appeal to owners of commercial buildings is to conform to the law".
She called on members of the public to be wary of quack or mushrooming insurance firms whose modus operandi was to defraud clients, but cross check from NIC when in doubts.
Mrs Ocran said 40 accredited insurance firms have been licensed to operate in the country.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
White House bars CNN from travelling with Trump on Air Force One
6 minutes -
Fennis wins second consecutive ITF J60 title in Accra
10 minutes -
Spain beat England in thriller after Kane penalty miss
16 minutes -
GPL 2026/27: Zaidan’s late goal ends Hearts of Oak unbeaten start
20 minutes -
CEOs demand clarity on pay harmonisation, board autonomy as FWSC engages SOEs bosses over IPEC transition
22 minutes -
2026 Women’s Super Cup: FC Savannah, Epiphany Warriors maintain top spots ahead of final group games
31 minutes -
‘Is EOCO responsible for determining lawyers’ fees?’ – Baffour Awuah
32 minutes -
David Beckles claims second J60 Accra title
59 minutes -
No France cocaine suspect linked to Mahama, Vice President’s security details – NACOC
1 hour -
Anwelle Foundation launched in Jirapa to tackle poverty, youth unemployment
1 hour -
Joy Sports Editor Fentuo Tahiru Fentuo to moderate inaugural Music Meets Football Summit in Zambia
2 hours -
Court premises too volatile for Baffour Awuah’s attempted arrest by EOCO – Inusah Fuseini
2 hours -
Drug bust: Under no circumstances will NACOC leadership be compromised – Twum-Barimah
2 hours -
VIDEO: EOCO’s attempted arrest of Baffour Awuah was flawed beyond saving – Law Lecturer
2 hours -
Genuine Ghanaian exporters may face heightened foreign inspections over drug busts – Lawyer
2 hours