Blogs

No mandatory car insurance in Guatemala, for now

Apr 6, 2025 | World

April 6, 2025

Guatemalan President Bernardo Arévalo has withdrawn a decree mandating compulsory car insurance after two days of widespread protests, road blockades, and clashes with police. The proposed law, aimed at ensuring compensation for traffic accident victims, faced strong opposition from citizens—many of whom said they couldn’t afford the added cost in a country where 55% live in poverty.

The decree was introduced following a tragic bus accident that killed over 50 people. While Arévalo defended the need for reform, he acknowledged the rollout lacked transparency on expected costs and caused significant disruption, including school and business closures.

After meeting with protest representatives, Arévalo announced the creation of a technical committee to explore how to implement compulsory insurance within a year, as part of broader transport reforms.

Did you like this article?

Did you like this article?

0 Comments

Latest Posts

Blue Jays Take Control — One Win Away from Glory

The World Series is heading back to Toronto — and for the first time this postseason, the Blue Jays are favourites to win it all. After taking a 3–2 series lead over the Dodgers, Toronto’s odds have flipped dramatically. On FanDuel, the Jays now sit at -240 (70.8%...

OpenAI and Sur Energy Plan $25 Billion AI Data Center in Argentina

In a landmark move for Latin America’s tech landscape, OpenAI and Sur Energy have signed a letter of intent to build a massive AI data center in Argentina, requiring an investment of up to $25 billion, the Argentine government announced Friday. The project, known as...

Events

Related articles