Insurance News

Shivram Chandra Jagarnath Cold Storage and Ors. New India Assurance Company Limited and Ors. I(2022)CPJ138(SC) In this case, the insurance claim of the Insured arose under a deterioration of stock…

The Insurance Regulatory and Development Authority of India (IRDAI) is in receipt of a communication from National Health Authority (NHA) on the captioned subject. It is informed that as part…

The Authority is in receipt of requests to review the Regulations from the stakeholders. Therefore, the current regulations have accordingly been reviewed. The exposure draft of the EoM Regulations 2022…

The Authority is in receipt of requests from the stakeholders to review the Regulations. Therefore, the current regulations on IRDAI (Reinsurance) 2018, have accordingly been reviewed. The exposure draft of…

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…

Insurance Regulatory and Development Authority of India (IRDAI) has committed to enable ‘Insurance for All’ by 2047, where every citizen has an appropriate life, health and property insurance cover and…

Reference is invited to Consolidated Guidelines on Product Filing in Health Insurance Business ref no: IRDAI/HLT/REG/CIR/194/07/2020 dated 22 July 2020. In partial modification of these guidelines dated 22 July, 2020…

Currently, the filings of General Insurance Products are governed by the Guidelines on ‘Product Filing Procedures for General Insurance products issued vide ref: no. IRDAI/NL/GDL/F&U/030/02/2016 dated 18th February, 2016.’. The…

The National Human Rights Commission (NHRC) has issued anadvisory to central government, the states, and the union territories to defend the interests of truck drivers after seeing that their legal…

The Supreme Court has stayed a Bombay High Court order which had asked Bajaj Allianz General Insurance Company Ltd. to compensate over 3.5 lakh farmers under the Pradhan MantriFasalBimaYojana (PMFBY)…