SC sets aside SAT’s order against IRDAI
The Supreme Court has set aside the order of a Securities Appellate Tribunal (SAT) where the tribunal had made strong comments about the insurance regulator in a dispute involving insurance…
Commission orders to pay expenses of flying man’s remains to India, insurer told
Insurer has to pay repatriation expenses if the insured person dies while travelling abroad even if he/she didn't reveal their pre-existing medical condition while taking the insurance. The Vadodara district…
Insurer liable to reimburse genuine cash payments
Sodhi Brothers, originally a limited liability partnership (LLP), was allotted a hydroelectric project by the Himachal Pradesh State Electricity Board (HPSEB) under an agreement executed on April 11, 2007. The…
Can’t deny mediclaim to a vegetarian, insurance company told
A district consumer commission has ordered an insurance company to pay mediclaim with interest to a patient which the insurer had denied on the grounds that he had developed a…
Is a PUC Certificate Mandatory for Vehicle Insurance Claims
PUC, or 'Pollution under control', certificate helps you know that your vehicle's emissions are under control and the car is safe to be driven on roads. You can get a…
1Cr. Solatium for Accident Victim
The highest monetary compensation will not rebuild his life, observed the Bombay high court while enhancing compensation to over Rs 1 crore for a man who was left paraplegic after…
Mumbai businessman kin get record Rs. 4 crore solatium for 2016 death
In possibly the highest payout in recent times, the Motor Accident Claims Tribunal ordered the owner of a dumper truck and an insurance company to jointly pay around Rs 4.13…
Insurer to pay for loss from stoppage to avert damage
BBF Industries, a Ludhiana-based company, had two manufacturing units for making cartons and packaging material. It had obtained two insurance policies from United India Insurance—one for Standard Fire and Special…
IRDAI to look into rejected covid-19 claims
IRDAI agreed to look into the Covid-19 policy claims that were rejected by insurance companies. This comes after a public interest litigation was filed by a Manav Seva Dham (petitioner),…
NDRF carries out pan-India security audit of ropeways
The NDRF has begun a nationwide survey of passenger cable cars and ropeway systems to find out possible security flaws in them and to prepare a structural blueprint that will…