Insurers can’t reject an insurance claim on grounds of delay
Insurers can't reject an insurance claim on grounds of delay alone. On 4 October, the Supreme Court ruled in favour of a truck owner whose truck was stolen in 2010.…
Vehicle owners must pay for compensation claims if ownership is not transferred
Supreme Court has ruled that if the owner of the vehicle did not bother to change the ownership in registration records, he would be liable for compensation claims arising from…
SC order a shot in the arm for policyholders
The recent Supreme Court order to shut down a mobile phone tower in Gwalior on a plea filed by a 42year old domestic help has heated up the debate about…
Patient’s will to prevail over clinical opinion
The medical community seems to have endorsed Supreme Court judgment to permit passive euthanasia, and prioritise the patient's will over clinical opinion. Doctors will have to respect a patient's will,…
Living wills not likely to affect insurance Claims
The recent Supreme Court ruling permitting a ‘living will’ that specifies that a person should be taken off life support if he or she slips into a vegetative state or…
South Asian Insurance regulators need to co-operate
For the industry’s growth and to increase penetration, co-operation among the insurance regulators is crucial, as mentioned by the the IRDAI Chairman at the recently held 4th South Asian Regulators’…
Vijayan remarks about digital push for insurance regulators
TS Vijayan, Chairman, Insurance Regulatory and Development Authority of India (IRDAI) recently mentioned that facilitating growth in the context of increasing focus on digital transactions would be a challenge.He stated…
Rs. 44-lakh crash claim to accident victim
A Delhi motor accident claims tribunal has awarded a compensation of Rs. 44 lakh to a 20-year old youth who lost his leg after being hit by a truck and…
Increase Accident cover: High Court
Madras High Court has directed the Insurance Regulatory Development Authority to enhance compulsory personal accident cover from Rs 1 lakh to not less than Rs 15 lakh. Justices R. Subbiah…
Motor Accident claim
A motor accident claims tribunal has awarded over Rs. 16 lakh to the mother of a 30-year-old man killed in an accident involving a truck in Delhi three years ago.…