Insurance lawyer Iasi Porosnicu Gianina Vera Iasi

In its initial forms, insurances appeared within the first organized social groups and were designed to help its members in case of need. Evidences of their existence date back to Antiquity. In ancient Egypt, (around 4500 BC) associations dedicated to the protection of stone carvers are documented. In Babylon, transport was organized in caravans and the disappearances costs were collectively supported by merchants. Ship owners agreed that if one’s ship would be lost he would receive a new one instead, providing the loss was not the owner’s responsibility. Also, in 5th century BC, Pericles founded associations designed to help its members and their families in case of fire, disease or death.
First modern insurances appeared in 19th century in France and England, where first insurance companies for railway and roadways accidents were established.
In recent times, Romania’s economic development made us all realize the vital role of insurances in daily life. The insurance consists in creating a fund to cover damages and other unexpected financial requirements by individuals or legal entities that are threatened by risks in their activity. This is the signification emphasized by the Law 32/2000 regarding the notion of insurance: “process through which an insurer establishes, using the mutuality principle, an insurance fund, with the contribution of a number of insured individuals, exposed to certain risks and compensates those who suffered damages (moral or physical) from the above mentioned fund (the first collected installments and other revenues resulted from performed activities). From a legally point of view, insurance is a random contract in which one party – the insured – commits to pay the other party – the insurer – a sum of money in order that if the event insured takes place, the latter pays the insured the compensation established within the contract.
In some cases, the insurance is a mandatory contract, concluded under the law. The Mandatory Auto Liability Insurance – R.C.A. – covers the civil liability/tort law of the owner or user of the vehicle for damages suffered by a third party in case of a road accident via that vehicle. If one is involved in a road accident made by other person driving a vehicle (or even by the driver of the he/she were in), he/she is entitled to ask compensations (physical and/or moral damages) DIRECTLY to the R.C.A. insurer – the R.C.A. policy issuer – for the suffered damages, namely:
- in case of physical damages: both the injured individual and his/her family can ask the R.C.A. insures compensations for the physical damages (physical and/or moral damages);
- in case of death: the family of the deceased can ask the R.C.A. insurer compensations for the death of their relative in a road accident (physical and/or moral damages);
- in case of vehicle damaging: in addition to compensations (physical and/or moral damages) due to the injured person and/or his/her family, the R.C.A. insurer can be compelled (if it is the case) also to pay the equivalent sum of the damaged vehicle (in which the victim of the accident was). In the insurance field, the “Poroșnicu Gianina Vera” law firm collaborates with the Association of Road Accidents Victims in Romania (AVAC Romania) and provides its clients the possibility of obtaining compensations (physical and/or moral damages), as a result of physical and mental sufferings caused by road accidents.
“Poroșnicu Gianina Vera” law firm provides legal assistance and legal representation in the insurance field in obtaining compensations (physical and/or moral damages) in front of the prosecution, the court of justice, the insurance firms as well as in front of the Protection Fund for Street Victims (F.P.V.S.) and Green Book Office within the Vehicle Insurers Office in Romania (B.A.A.R.). “Poroșnicu Gianina Vera” law firm provides legal assistance and legal representation to Romanian citizens that were victims of road accidents in Romania or abroad. The framework law for insurance field is Law no. 136/1995 regarding insurances and reinsurances from Romania.