News & Updates

General Membership Meeting

To all members of Fire Services Mutual Benefit Assiciation, Inc. (FSMBAI) What: General Membership Meeting and Election of Board of Trustees Where: Union Square Condominium, 15th Avenue, Cubao, Quezon City When: December 7, 2022, 10:00am

DoF upholds IC ruling ordering BFPMBAI to stop its operations

THE Department of Finance (DoF) upheld a 2017 ruling by the Insurance Commission (IC) declaring the operations of Bureau of Fire Protection Mutual Aid and Beneficiary Association, Inc. (BFPMBAI) as illegal. Finance Secretary Carlos G. Dominguez III affirmed the IC ruling in a decision dated May 24 that said the IC has jurisdiction over the …

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Dof Affirms Ic Decision Declaring Bfpmbai’s Business Operation As Illegal

In a Decision dated 24 May 2022, Finance Secretary Carlos G. Dominguez III upheld the Insurance Commissioner Dennis Funa’s 2017 ruling in an administrative case filed by the Fire Service Mutual Benefit Association, Inc. (“FSMBAI”) against the Bureau of Fire Protection Mutual Aid and Beneficiary Association, Inc. (“BFPMBAI”) declaring the latter’s business operations illegal for …

Dof Affirms Ic Decision Declaring Bfpmbai’s Business Operation As Illegal Read More »