Keywords
insurance market regulation
rule of law
How to Cite
Abstract
In Costa Rica, as in other LATAM legislations, the insurance market is regulated and supervised. As part of this characteristic, the Costa Rican Insurance Superintendent, under the direction of the National Council for Supervision of the Financial System, participates in the development of regulations that are incorporated into the regulatory framework applicable to the supervised entities. Based on the law which regulates the insurance market (Law No. 8653) and the Insurance Contract Regulatory Law (Law No. 8956), the scope of the regulator's regulatory power is analyzed from a critical and reflective perspective. Specifically, it addresses the legal feasibility of setting a legal period for the attention, resolution and payment of inclusive insurance claims, which diverges from the legally established term and its possible implications both in terms of legality, in accordance with the principles of hierarchy of rules and legal security, and in terms of affecting the development of the insurance market in the country.
Doctrina
Diccionario usual del Poder Judicial (2020). Poder Judicial República de Costa Rica.
JINESTA LOBO, Ernesto. Tratado de Derecho Administrativo. Tomo I. (1era ed. 2007)
ORTIZ ORTIZ, Eduardo. Tesis de derecho administrativo. Tomo I. (1era ed. 2002)
Organización para la Cooperación y el Desarrollo Económicos (2019). Costa Rica: Análisis del Sistema de Seguros.
Legislación
Costa Rica. “Ley Reguladora del Contrato de Seguro”. Ley N° 8956, del 17 de junio de 2011.
Costa Rica. “Ley Reguladora del Mercado de Seguros”. Ley N° 8653, del 7 de agosto del 2008.
Costa Rica. “Reglamento sobre Inclusión y Acceso al Seguro”, Acuerdo SUGESE 11-20, del 1 de septiembre del 2020.
Jurisprudencia
Costa Rica, Sala Constitucional de la Corte Suprema de Justicia, Resolución Nº 00243 – 1993, de las 15 horas 45 minutos del 19 de enero de 1993.
Costa Rica, Sala Primera de la Corte Suprema de Justicia, Resolución Nº 001000-F-S1-2010, del 26 de agosto del 2010.
Criterios jurídicos
Costa Rica, Procuraduría General de la República de Costa Rica. Criterio jurídico C-229-2004 del 26 de julio del 2004.
Costa Rica, Procuraduría General de la República de Costa Rica (2010). Criterio Jurídico C-111-2010, del 3 de junio del 2010.
Costa Rica, Procuraduría General de la República de Costa Rica (2000). Criterio Jurídico C-111-2000, del 17 de mayo del 2000.
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