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{
    "id": 1079500,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1079500/?format=api",
    "text_counter": 198,
    "type": "speech",
    "speaker_name": "Likoni, ODM",
    "speaker_title": "Hon. (Ms.) Mishi Mboko",
    "speaker": {
        "id": 874,
        "legal_name": "Mishi Juma Khamisi",
        "slug": "mishi-juma-khamisi"
    },
    "content": "On the issue of insurance business in this country, there must be proper regulations. I agree that there must be some regulations for all insurance companies or businesses. I know right now there are laws regarding insurance but still there are some loopholes. I agree with what they have put in the Finance Bill to ensure that all those people doing this business can be regulated. Today, there are small insurance companies. There are too many brokers. Some are not even legal or known and do not follow procedure. Today, too many Kenyans have been in accidents and the insurance companies cannot pay. The court made a decision that a certain insurance company needed to pay an accident victim, but she stayed for many years without getting that payment. I welcome this proposal because it is good. I wish to stop at this juncture and congratulate the Departmental Committee on Finance and National Planning."
}