Complex sentence: By law it has been illegal to sell bicycle frames in Denmark without an embedded VIN since 1948 and, as a result, insurance companies in Denmark do not pay indemnities for stolen bicycles without VIN.
Split into simpler sentences: By law it has been illegal to sell bicycle frames in Denmark without an embedded VIN since 1948. Because of this insurance-companies in Denmark, does not pay indemnities for stolen bicycles without VIN.