HC asks IRDAI to explain basis for approving policies
The Delhi High Court has asked IRDAI to explain on what basis it was approving insurance policies that excluded mental conditions from full coverage, noting that "a large number of…
Trio cheats govt hosps of Rs 1.7 crore CM’s insurance scheme money, held
A complaint had been lodged at the city police commissionerate on behalf of Medi Assi Pvt Ltd, a third party involved in the insurance scheme of the government, that the…
Blood test not necessary for insurance company to reject claim over drunken driving: SC
In a notable judgment, the Supreme Court has recently held that a breath analyzer test or blood test as contemplated under the Motor Vehicles Act is not necessary for an…
Tamil Nadu woman burns husband alive to claim insurance money
A 57-year-old woman allegedly connived with one of her relatives to kill her 62-year-old husband, in order to claim Rs. 1.3 crore as insurance in Tamil Nadu. The police arrested…
7 held for duping insurance policy holders in Ghaziabad
Police have recently arrested 7 people in Ghaziabad for allegedly duping hundreds of insurance policy holders of crores of rupees.The arrested included two women. The accused have been identified as…
HC refuses to stay circular on mediclaim premium, asks insurance companies to respond to plea
The Delhi High Court has recently refused to stay the February 21 circular of General Insurance Public Sector Association by which mediclaim premium of serving and retired employees of 4…
Bajaj Allianz General Insurance co rejects 850 farmers’ applications, dist admin seeks reply
The district administration of Rohtak, Haryanahas recently sought a reply from Bajaj Allianz General Insurance Company Ltd for rejecting 850 applications submitted by non-loanee farmers to get policy under the…
Udupi district consumer court orders ICICI Lombard to settle personal accident claim
Udupi district consumer court, through an order, directed ICICI Lombard Insurance Company to disburse a sum of Rs. 3,35,251 to retired police sub-inspector, Teekappa Gowda, who currently resides in Thirthahalli.…
Insurance firms employee union move court against 47.75% medical premium hike
A union of 4 insurance companies was recently challenged a circular issued by the General Insurance Public Sector Association (GIPSA), saying that if the increased premium rate for medical policy…
No insurance claim if death due to alcohol consumption: SC
The Supreme Court has recently declined to grant the insurance claim to the legal heir of a man who died of asphyxia due to alcohol consumption. A bench of Justices…