Claim not payable for questionable deals
The firm obtained a comprehensive insurance policy from the Export Credit Guarantee Corporation of India (ECGC), which was valid from October 1, 2004, to September 30, 2006. The policy included…
The firm obtained a comprehensive insurance policy from the Export Credit Guarantee Corporation of India (ECGC), which was valid from October 1, 2004, to September 30, 2006. The policy included…
To expect an eyewitness to be present in every accident case is "far from reality", the Dharwad bench of the Karnataka high court has observed, while dismissing the appeal filed…
More than half of total complaints against private life insurers are related to Unfair Business Practices (UFBP), according to the Insurance Regulatory and Development Authority of India (IRDAI). Out of…
The road transport ministry has suggested a framework of online reporting of accidents by drivers soon after the incident to avoid applicability of "hit-and-run" provisions of the BharatiyaNyaySanhita (BNS) and…
A patient is entitled to get reimbursement of durable equipment used for medical treatment after getting discharged from the hospital. Vijay Joshi had filed a complaint against the National Insurance…
In one of the highest payouts awarded recently, a Motor Accident Claims Tribunal ordered a car owner and driver, and insurance company to pay Rs 2.45 crore with interest to…
Saraswati Paul had applied to the State Bank of India, Radhanagar Branch, for a loan for her grocery business. A loan of Rs 8.99 lakh was sanctioned on March 28,…
Ajmer Vidyut Vitram Nigam had several stores in Sikar. The goods kept in the stores were insured under a Standard Fire and Special Perils Policy and under a Burglary Policy,…
Observing that from five months a foetus in its mother's womb till birth can be treated as equal to a child in existence, a motor accidentclaims tribunal, in perhaps the…
The detective department has nabbed an insurance company executive who allegedly changed registered phone numbers of several policy holders of the firm — one of the biggest in India —…