Decision No. 3/3 of 20 January 2026 regarding petitions registered with the National Financial Market Commission concerning SA ACORD GRUP

The National Financial Market Commission issued Decision No. 3/3 on 20 January 2026 to resolve petitions filed by a private individual and a limited liability company against SA ACORD GRUP regarding the validity of their mandatory third-party liability insurance contract. The regulator determined that the insurer acted in bad faith and violated professional diligence standards by attempting to retroactively modify the contract and demand additional premiums after the vehicle had already been leased to a legal entity. The decision clarifies that under Law No. 106/2022, the risk for the legal entity user is covered by the original contract, granting the insurer only the right of recourse rather than the right to unilaterally modify or terminate the policyholder's contract.

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REPUBLIC OF MOLDOVA
NATIONAL FINANCIAL MARKET COMMISSION
DECISION
20 January 2026 No. 3/3
Regarding the petitions registered with the National Financial Market Commission under No. 8299 and No. 8567 on 14.11.2025 and, respectively, on 27.11.2025, in relation to SA "ACORD GRUP" SA

On 14.11.2025, and additionally on 27.11.2025, within the framework of the National Financial Market Commission (CNPF/authority), petitions were registered (under No. 8299 and, respectively, No. 8567) submitted by Ms [...], lawyer, in the interests of Mr [...] (petitioner/insured) and of "[...] ." SRL (jointly – petitioners), through which they request the intervention of the CNPF in relation to the actions of SA "ACORD GRUP" SA (insurer).

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Amended 2 times · last 2026-03-10

Source: National Commission for Financial Markets Moldova — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works