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Brief
On 23/10/2024, the Superintendence of Private Insurance (Superintendence de Seguros Privados – SUSEP) issued an update regarding Clarifications on SPVAT Insurance collection. The update clarified the regime approved by Congress for protecting victims of traffic accidents through the Mandatory Protection Insurance for Traffic Accident Victims (SPVAT), including its collection by the Union Federations, and the role of Caixa Econômica Federal in collecting premiums from vehicle owners when states do not make a convênio with them.
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