Gina Herrero
Gina Herrero is the vice president of the Asociación Panameña de Aseguradores (Apadea), where she has been vocal about industry concerns regarding legislation that could impact insurance pricing and competition in Panama. Recently, she has been in the news for her opposition to Project Law 53, which proposes discounts on mandatory auto insurance, arguing that it interferes with free competition and could lead to negative consequences for the insurance market. Herrero has emphasized the importance of maintaining a market-driven approach to insurance pricing and has threatened legal action if the law is enacted.
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Panama:
Gina Herrero, vice president of Apadea, added that the report presented by the University of Panama recognizes that in countries like Colombia the discount for claims was declared unconstitutional in 2022.
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