Home » Bruno Le Maire asks insurers to pay compensation “as soon as possible”

Bruno Le Maire asks insurers to pay compensation “as soon as possible”

by drbyos

A store in Montargis (Loiret), burned down on the night of June 29 to June 30, 2023. CLEMENCE LOSFELD FOR “THE WORLD”

After the political speeches, the financial answers. On Saturday July 1, the Minister of the Economy, Bruno Le Maire, and the Minister Delegate for Small and Medium-Sized Enterprises, Olivia Grégoire, received representatives of trade, hotels and restaurants, bank branches and insurers, as well as the Medef and the confederation of small and medium-sized enterprises. Objective: to organize the management of compensation and other cash facilities for business premises affected by damage, after several nights of riots throughout France.

After condemning the “violence and looting (…) totally unacceptable”, the Bercy tenant sent ” All [son] support for entrepreneurs and affected employees” et “called for a return to order”. In total, at least ten shopping centers and more than two hundred large retailers have been “attacked and plundered” – including fifteen burned -, as well as 250 tobacconists and as many bank branches, sportswear stores and fast food chains, listed the minister.

Mr. Le Maire announced a series of measures: businesses and restaurants affected will be able to benefit from additional time to make their declaration of loss or operating loss for those who are ” shocked “. The two ministers also advocated “simplicity, speed and kindness” for compensation paid by insurers. They ” must arrive as soon as possible”, “within deadlines that must be measured in days and not weeks”, insisted the Mayor. Insurers have undertaken to reduce the amount of deductibles on compensation as much as possible, as requested by the Minister of the Economy. In addition, the government is urging banks to show “the greatest understanding of bank deadlines”.

“Declaration deadlines must be extended, but insurers must also adapt the recognition of claims”, noticed Philippe Coy, president of the confederation of tobacconists. “I don’t think there will be enough experts in the short term, each member should be able to photograph the damage in order to be able to repair without waiting for an expert report”he estimated with Agence France-Presse. “It’s hypercritical and there is really very significant damage”underlined Alain Di Crescenzo, president of the chambers of commerce and industry.

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