The Palestine Capital Market Authority imposed a warning on an insurance agent for violating Article 2 of Order No. 1 of 2026 amending Order No. 1 of 2017 on motor vehicle and workers insurance, and Decision No. 2 of 2009 amending Decision No. 1/T of 2006 on licensing insurance agents, issued under Insurance Law No. 20 of 2005.
Palestine Capital Market Authority issues warning to insurance agent over insurance and licensing breaches
The Palestine Capital Market Authority imposed a warning on an insurance agent for breaching rules on motor vehicle and workers insurance and on licensing insurance agents. The cited provisions were Article 2 of the 2026 order amending the 2017 insurance order and the 2009 decision amending the 2006 licensing decision under Insurance Law No. 20 of 2005.