The Supreme Court reiterated the principle of “pay and recover” in road accident cases. According to this rule, if the driver of the offending vehicle has no license or there…
If the insurance claim is made late, it can be rejected even if the insurance company had appointed a surveyor to assess the damage, according to the Supreme Court. The…
The Supreme Court emphasised that if the owner of a motor vehicle knowingly appoints a driver with a fake license, the insurance company will not be liable to pay compensation…
The dispute arose when there was a serious accident during the construction of a bridge over the Chambal River. The insurer repudiated the claim of the contracting company based on…
The Supreme Court has underlined that an insurance company cannot raise the issue of negligence by a road accident victim when Section 163A of the Motor Vehicles Act is invoked.…
Jewellers who keep their precious wares in steel almirahs will lose their insurance cover if the items are not kept in a safe with complex locking system. If there is…
Public sector general insurer United India Insurance Company (UIIC) has reported a profit after tax of Rs. 1,003 crore for the year 2017-18, compared with a loss of Rs. 1,914 crore in…
The family of a 73-year-old man, who died in a road accident involving a rashly-driven mini bus, has been awarded a compensation of Rs 23 lakh by a Motor Accident…
The MACT has awarded Rs.12.93 lakh as compensation to the parents of a 20 year old boy who died in a road accident. MACT presiding officer S.S.Malhotra directed Bajaj Allianz…
A PIL has been filed in Delhi High Court, seeking guidelines for mandatory medical check-up before issuing life and health insurance policies. High Court has issued notice to the Ministry…