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Administration Court Rejects Insurer's Lawsuit against Insurance Watchdog

Ljubljana, 20 August - The Slovene Administrative Court has dismissed the law suit of insurer Zavarovalnica Triglav against the Agency for Insurance Supervision regarding its decree to dismiss Triglav chairwoman Nada Klemencic and member of the board Joze Obersnel. The court explained that the Slovene insurance act envisages no possible appeal to the agency's decision. An issuance of a temporary decree was also dismissed by the court, Triglav confirmed on Tuesday, after receiving the court's decision on Monday.

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