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The Regional Trial Court (RTC) of Manila has upheld the validity of the revised Insurance Commission (IC) framework for mandatory Passenger Personal Accident Insurance (PPAI), dismissing a petition to block the accreditation of a third insurance pool.
In a statement on Monday, the IC said the Manila court had denied the petition filed by the Alliance of Concerned Transport Organizations (ACTO) in a decision dated May 20.
READ: IC doubles cap on vehicular accident insurance claims
PPAI provides insurance coverage to passengers of public utility vehicles in cases of injury, disability or death resulting from accidents.
