2024 – Insurance Times

A patient is entitled to get reimbursement of durable equipment used for medical treatment after getting discharged from the hospital. Vijay Joshi had filed a complaint against the National Insurance…

In one of the highest payouts awarded recently, a Motor Accident Claims Tribunal ordered a car owner and driver, and insurance company to pay Rs 2.45 crore with interest to…

IRDAI offlate has been taking number of steps to increase the penetration in the insurance sector in india to achieve its goal of insurance for all by 2047.  These reforms…

The Indian healthcare landscape is undergoing a rapid transformation. Rising chronic diseases, an aging population, and advancements in medical technology are presenting both challenges and opportunities for the health insurance…

ACKO General Insurance has introduced an Extended Battery Warranty plan tailored specifically for removable batteries for Electric Vehicles (EVs). As per ACKO's EV report, 49% of EV owners believe battery…

ICICI Prudential Life Insurance has recently introduced a new pension product called ICICI Pru Gold Pension Savings. With the aim of helping individuals build a substantial retirement corpus, this tax…

The Life Insurance Corporation of India (LIC) on Friday announced the launch of a non-participating product - 'Amritbaal'. It is a Non-Linked, Non-Participating, Individual, Savings, Life Insurance Plan. The plan…

India is looking to have its own protection and indemnity (P&I) entity. This will allow ship owners the option to purchase openendedhighrisk covers (insurance) that traditional players are generally reluctant…

New India Assurance Co Ltd v. M/S Mudit Roadways Citation: 2023 LiveLaw (SC) Summary The Supreme Court has ruled that the cause of a fire in a fire insurance claim…

Case Title Lakshmy T Iyengarvs Max New York Life Insurance Company Limited and others. Summary The Bangalore Urban II Additional District Consumer Disputes Redressal Commission (Karnataka) found Max New York…