In a recent judgement the Supreme court while setting aside the verdict of the National Consumer Disputes Redressal Commission said the contract of insurance is of "utmost good faith" and…
While directing New India Assurance Company Limited to pay a total claim of Rs.2,85,833 to a city resident, along with 8 percent interest per annum, the Consumer Disputes Redressal Commission,…
1. As you are aware, the recent floods (Oct 2020) have caused immense loss to property in parts of Telangana, Andhra Pradesh and neighboring States. General Insurers may have issued…
The Authority has decided to allow IC-38 examinations for individual agents to be conducted from remote locations via the remote proctor model proposed by NSEIT. However, this model shall be…
As a result of recent havoc created by heavy rainfall and floods there are reports of loss of human lives and loss of belongings in the affected Districts of primarily…
Section 37A (4A) of the Insurance Act, 1938 reads as under: “(4A) Every policyholder or shareholder or member of each of the insurers, before amalgamation, shall have the same interest…
1. As you are aware, cyclone Nivar (Nov,2020) has caused loss to property in some parts of the country. The General Insurers may have issued policies for protection of lives…
It is observed that there is a mismatch in GDP flash figures and Segment wise GDP figures total for some insurers. Since data is maintained and collected in electronic format,…
I Preliminary: These guidelines set out the procedure for obtaining fresh license or renewal of licence to act as a surveyor and loss assessor. The guidelines are being issued under…
I. Preliminary These guidelines set out the detailed procedure for practical training for obtaining a fresh / renewal licence to act as a surveyor and loss assessor. These guidelines are…