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PSOE: "¿27.5 million held by the Consortium or underinsurance?" (20/01/2012)

The head of the Local Executive Committee on issues related to earthquakes, Antonio Navarro, said that "since last May 11, the PSOE has echoed the irresponsibility that led to an insurance policy that does not cover all World Heritage Municipal ".

Navarro pointed out that "the city of Lorca hired an insurance policy with Zurich Company claimed the amount of € 7,000,000 in the form of risk premium. Obviously, the damage caused by earthquakes in the Municipal Heritage are much greater and in principle were not covered. By the way, that that insurance policy is the best kept secret, because I know that has been requested a copy of it on three occasions by fellow Socialist Municipal Group (29 August 6 and September 13) and has given no response to that request. "

Antonio Navarro explained that "after several contacts with the Consortium and City Council due to special circumstances surrounding the serious catastrophe suffered in the City of the Sun, the Consortium agrees to deal with the case on the declared policy if the City takes payment of the difference in premiums, with which everything should be fixed now. However, we only know that the accounts have reached the Consistory € 12,450,000, when the City Council say the amount of damages is above of 40,000,000 €. In short, missing € 27,550,000 who do not finish arriving at the municipal coffers. "

The social responsibility has stated that "our concern and our questions lie in knowing whether or not the policy-insurance contracted by the City Council or the reason for the delay is due to the missing money is retained by the current officials of the Ministry of Economy and Finance, which depends on the Consortium. "

Pérez Navarro concluded municipal officials raise the following questions "Is it the same amount of real value and the Municipal Heritage has been declared to the insurance company? What is the total amount of the assessment of damage earthquakes in the Municipal Heritage? How much total money has come to the City from the Insurance Compensation Consortium and how much is yet to come, why has not given a copy of the insurance policy the Socialist Municipal Group after having required on several occasions? ".

Source: PSOE Lorca

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