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Dadi Property & Casualty Insurance Binzhou Branch fined 110,000 yuan for involving the compilation of false documents
Blue Whale News, February 28 — Recently, the Binzhou Regulatory Branch of the China Banking and Insurance Regulatory Commission issued a penalty notice targeting China Continent Property & Casualty Insurance Co., Ltd. Binzhou Central Branch and its responsible personnel.
The penalty notice states that the main violation (case reason) of China Continent Property & Casualty Insurance Co., Ltd. Binzhou Central Branch is: preparing false documents.
In response to the above violations, the Binzhou Regulatory Branch of the China Banking and Insurance Regulatory Commission fined them 110,000 yuan; and issued a warning and fined General Manager Xia Bo 13,000 yuan.