Cabinet likely to set up disaster labs
The Cabinet Committee on Economic Affairs is likely to take up an Rs 600-crore proposal to establish a network of 107 laboratories, in the 12th Five-Year Plan (2012-13 to 2016-17), for…
August date for bancassurance guidelines: IRDA
Sudhin Roy Chowdhury, Member (Life) IRDA recently said that the final guidelines on bancassurance are likely to be out in the month of August.. "We have debated and redebated and now…
Courier firms make false insurance claims: IRDA
IRDA has recently cautioned public that claims of insurance cover made by courier companies are false, as these firms do not have the permission or authority to offer insurance cover. The…
IRDA amends guidelines to stop switching from one plan to another of the same insurer
The same insurer cannot switch from one plan to another, as per the amended guidelines by the IRDA on standardisation in health insurance. Deductible-a cost-sharing requirement under a health insurance…
General insurers to monitor accidents on the highways
Armed with the startling revelation that road accidents claim one life every four minutes in India , the general insurance companies are planning to launch a new project to track fatal…
United India becomes tech savvy for crop insurance
United India becomes tech savvy for crop insurance In an effort to cater to the crop insurance needs of farmers in remote areas, United India Insurance, in association with Agriculture Insurance…