Month: September 2012

In a rare case, three consumers – a mother and her two sons – combined the power of Right to Information Act and the consumer forum, a judicial platform to…

When Kristen Lash officially ended her marriage in March, she also gave up her insurance plans. And it was almost as complicated to divorce her health insurance as it was…

The sellers of MFs and insurance took home just over Rs.20,000 crore in 2010-11

Lenders’ exposure in equity market down to Rs 37,510 crore. Faced with uncertainty, domestic financial institutions, particularly banks and insurance companies are holding back investments in the capital markets.

India is likely to finalize a draft Plan document next week to introduce universal health coverage in India. Montek Singh Ahluwalia, deputy chairman of the Planning Commission, spoke in an…

Nearly eight months after a couple suffered serious burns in a petrol pump fire in Vasant Vihar, the Delhi High Court has raised questions about safety at refuelling stations. "Are…

Insurance Regulatory and Development Authority (Irda) has collected a whopping Rs 2.56 crore as penalty in the June to September period. The insurance regulator had imposed penalties ranging from Rs…

India’s largest insurer, Life Insurance Corporation (LIC) of India, which was supposed to invest Rs 50,000 crore in the equities market in the fiscal year 2012-13, has hardly invested around…

Since the era after nationalization, 1972, General Insurance Corporation (GIC) (amalgamation of 4 subsidiaries:- The New India Assurance Company Limited, The National Insurance Company, The Oriental Insurance and The United…

Michael Jackson's concert promoters have withdrawn a $17.5 million dollar insurance claim.