Month: June 2024

1. The Authority, in exercise of powers conferred under Section 14 (1) of the IRDA Act 1999, vide IRDA/ F&A/ GDL /GLD /180/10/2015 dated October 19, 2015, had issued Guidelines…

1. As you are aware, the recent floods (July 2021) have caused immense loss to property in parts of Maharashtra State. General Insurers may have issued policies for protection of…

1. This circular is issued in accordance with the power vested under Section 14(2)(e) of the IRDA Act, 1999 read with Section 34(1) of the Insurance Act, 1938. 2. Reference…

Ravi Thakkar v/s  Cholamandalam M S General Ins. Co. Ltd The complainant had purchased a second hand car and the ownership of the vehicle was transferred in his name in…

Road accidents are a common incidence, but during monsoon, the chances of an accident become higher owing to waterlogging, slippery roads, & poor visibility. It has also been observed that…

Introduction Arbitration clauses in insurance policies are provisions that specify the method and forum for resolving disputes between the insurer and the insured. These clauses aim to provide a private,…

Mr. Subhash, the complainant has stated that his motorcycle was stolen on 03.11.2015 and though he had submitted all the required documents to the insurer, his claim was repudiated by…

Mr. Umesh Guglani, the complainant has stated in his complaint that his car was stolen on 24.12.2016. He had submitted all the required documents to the insurer but his claim…

Mr. Hitesh K. Khusalani  v/s  Iffco Tokio General Ins. Co. Ltd. Claim for theft of two wheeler vehicle was rejected on the ground that the intimation of the theft was…

Prologue: The Indian financial market witnessed exciting twists and turns throughout 2019 due to events from all fronts, political, economical, social and corporate, both global and domestic. Indian market started…