The Financial Services Agency will tighten regulations on large-scale part-time insurance agencies. If a used car business, which also acts as an agent, makes unnecessary repairs and inflates insurance claims, an order to cease business may be issued.

Financial Services Agency imposes stricter regulations on agents, including increased insurance claims [Evening Scoop] – Nihon Keizai Shimbun

Financial Services Agency imposes stricter regulations on agents, including increased insurance claims [Evening Scoop] – Nihon Keizai Shimbun
The Financial Services Agency will tighten regulations on large-scale part-time insurance agencies. If a used car business, which also acts as an agent, makes unnecessary repairs and inflates insurance claims, an order to cease business may be issued.

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