Republic of the Philippines Department of the Interior and Local Government Regional Office IV-A MEMORANDUM To: ALL PROVINCIAL/HUC DIRECTORS SUBJECT: DILG MC 2017-29: ISSUANCE/RENEWAL OF BUSINESS PERMITS TO INSURANCE COMPANIES DATE: 13 FEBRUARY 2017 7 This has reference to the abovementioned subject dated February 10, 2017 from DILG Secretary Ismael D. Sueno. Republic Act No. 10607, otherwise known as “An Act Strengthening The Insurance Industry, Further Amending Presidential Decree No. 612, otherwise known as ‘The Insurance Code’, as amended by Presidential Decree Nos. 1141, 1280, 1455, 1460, 1814 and 1981, and Batas Pambansa Bilang. 874, and for Other Purposes”, expressly disallows any kind or form of accreditation scheme or system that prevents of disenfranchises any duly-licensed insurance company from issuing policy or transacting insurance business anywhere in the Philippines. Any local ordinance or local government unit regulatory issuance imposing restriction or disenfranchisement on any insurance company that has a valid Certificate of Authority from the Insurance Commissioner, shall be deemed null and void. Please see the attached document for details of this issuance. In view thereof, please cause the widest dissemination of this issuance within your respective area of jurisdiction. |ANUEL . OTIS, CESO IIT |LGS Director and Concurrent, OIC-Regional Director a { “Matino, Mahusay at Maaasahan” (SI¥/F Andenson Bldg. 1, National Highway, Brgy. Parian, Cty of Calamba, Laguna 4027 "8827-4755, 827-4560; 827-4587; 827-3143 & 827-4745, ‘Rdigcalabarzon@yahoo.com Awww calabarzon.dig.gov.phMENT OF y i Pex OFrICiAL %s, LEASED: Republic ofthe Philiprines PI oe DEPARTMENT OF THE INTERIOR AND LOCAL GOW DILG-NAPOLCOM Center, EDSA Comer Quezon Avenue, QUE ‘Telephone Number 925-1 1-18 /925.88-88 /925.03-32 tateCOn wu dil. gor pt 409 30" OFFICE OF THE SECRETARY MEMORANDUM CIRCULAR February 10, 2017 NO,_2017=29 FOR ALL PROVINCIAL GOVERNORS, VICE GovERNORS#8 £ © ‘CITY/MUNICIPAL MAYORS, VICE MAYORS, THE REGIONAL GOVERNOR OF THE AUTONOMOUS REGION IN MUSLIM MINDANAO, DILG REGIONAL DIRECTORS, AND OTHERS CONCERNED SUBJECT ISSUANCEJRENEWAL OF BUSINESS PERMITS TO INSURANCE COMPANIES: This has reference to Republic Act No. 10607, otherwise known as “An Act Strengthening the Insurance Industry, Further Amending Presidential Decree No. 612, otherwise known as the “Insurance Code’, as amended by Presidential Decree Nos. 1141, 1280, 1455, 1460, 1814 and 1981, and Batas Pambansa Bilang 874, and for Other Purposes, that expressly disallows any kind or form of accreditation scheme or system that prevents or disenfranchises any duly-licensed insurance company from issuing policy or transacting insurance business anywhere in the Philippines. ‘Section 193 of the said law reads: HXXXX’ No insurance company issued with a valid Certificate of Authority to transact insurance business anywhere in the Philippines by the Insurance Commissioner, shall be barred, prevented, or disenfranchised from issuing any insurance policy or from transacting amy insurance business within the scope or coverage of its Certificate of Authority anywhere in the Philippines, by any local government unit or authority, for whatever guise or reason whatsoever, including under any {kind of ordinance, accreditation system, or scheme. Any focal ordinance or local government unit regulatory issuance imposing such restriction or disenfranchisement on any insurance company shall be deemed null and void ab* es In this regard, all local chief executives are reminded of the above provisions when issuing business permits to insurance companies. All DILG Regional Directors are hereby directed to cause the immediate and widest dissemination of this Memorandum Circular to local authorities within their areas of jurisdictions. For strict compliance. ISMAEL D./SUENO Secretary