Reference is invited to IRDAI Circular ref IRDA/HLT/GDL/CIR/114/07/2018 dated 27th July, 2018 on the captioned subject. In partial modification of the captioned guidelines, taking into consideration the status of the…
It has come to the notice of Authority that in case of Total Loss (TL) of the vehicle, salvage of the vehicle is being sold to scrap dealers without cancelling…
PUBLIC NOTICE It has been brought to the notice of the Authority that a website using domain name- www.irdaionline.org is selling insurance to the general public. This domain name is…
The Supreme Court by its judgment has absolved insurance companies of the burden to follow up an inadequate disclosure of material facts by the Insured. The Court held that it…
1. The Government of India is focusing on Intelligent Traffic Management System in the Metropolitan and Smart Cities. In view of this, the Automated Traffic Enforcement and violations of Motor…
In New India Assurance Company Limited v. Rajeshwar Sharma and Others case, the Insured claimed that his business of sanitary wares suffered damages on account of illegal demolition by the…
Over 15 years after they met with a freak accident followed by a bitter legal battle, the Nagpur bench of Bombay High Court has directed United India Insurance Company Limited…
New System Set to Transform Insurance Sector The National Highways Authority of India (NHAI) has proposed a satellite-based toll collection system, which is expected to eliminate physical toll booths and…
President Murmu Announces Free Medical Treatment for Those Over 70 President Murmu has announced an extension to the Ayushman Bharat scheme, providing free medical treatment for citizens over the age…
Leadership Change at SBI General Insurance SBI General Insurance has appointed Naveen Chandra Jha as the new Managing Director and Chief Executive Officer. Naveen Chandra Jha brings over 32 years…