April 2024 - Insurance Times

Insurance Regulatory & Development Authority of India (IRDAI) in its 125th meeting held on 19 March, 2024 has granted Certificate of Registration to a new health insurer namely, Galaxy Health…

Jindal Sales vs United India Insurance Co. Ltd. Summary The Chandigarh District Consumer Disputes Redressal Commission accepted a complaint against United India Insurance Co. Ltd. for refusing to resolve a…

M/s Oswal Plastic Industries v. Manager, Legal Deptt N.A.I.C.O Ltd. Summary The National Consumer Disputes Redressal Commission (NCDRC) has modified an insurance company's award to INR 12,60,000, upholding the Supreme…

Universal Sompo General Insurance Company launched a new insurance product for eyewear, such as spectacles, sunglasses, blue filter glasses, and contact lenses, on Tuesday, offering protection against damage from burglary,…

IFFCO-Tokio has introduced the 'Flexi Home Protector Policy', building upon the success of the Bharat GrihaRaksha standard product launched in the FY 2021-22. This new offering is designed to provide…

Health insurance helps a policyholder take care of any sudden or even planned hospitalization expenses. But it may not be of much help if prolonged hospitalization due to a critical…

To expect an eyewitness to be present in every accident case is "far from reality", the Dharwad bench of the Karnataka high court has observed, while dismissing the appeal filed…

The firm obtained a comprehensive insurance policy from the Export Credit Guarantee Corporation of India (ECGC), which was valid from October 1, 2004, to September 30, 2006. The policy included…

The Indian insurance sector boasts impressive growth, but a critical question remains: How do we ensure this growth translates to true financial security for all Indians, particularly in our vast…

IRDAI has finally launched ‘BimaSugam’, the online marketplace for insurance called. It is a part of IRDAI’s Bima Trinity - BimaVistaar, BimaVahak, and BimaSugam. BimaSugam the most coveted project of…