Insurance

The Supreme Court has asked the Union government to consider withdrawing the exemption from insurance to 1.5 lakh buses owned by state road transport corporations (SRTCs), steeped in heavy losses,…

Mr. Rajesh K. Parmar V/s Oriental Insurance Co. Ltd. The Complainant’s Scooter was stolen on 10.05.2016 when it was parked near his shop at Kamal Complex, I.O.C. Road, Chandkheda, Ahmedabad.…

Road accidents are a common incidence, but during monsoon, the chances of an accident become higher owing to waterlogging, slippery roads, & poor visibility. It has also been observed that…

The generation commonly known as millennials, or Generation Y, is coming of age in almost all the countries, potentially creating new challenges and opportunities for the insurance industry globally. Millennials…

While we recovered from the First wave of Covid-19 and got a bit relaxed in the first quarter of 2021, the second wave hit the country hard. The intensity of…

A complaint had recently been lodged at the city police commissionerate on behalf of Medi Assi Pvt Ltd, a third party involved in the insurance scheme of the government, that…

Telangana State Consumer Disputes Redressal Commission held that a minor lapse on the driver's part is not liable for a claim to be dismissed, and directed an insurance company to…

1. Currently, only a few general insurers in the Indian Market are offering insurance cover for RPAS/Drones through existing products under Aviation Insurance. Considering the unique characteristics of Drones that…

Every year road crashes result in loss of lakhs of lives and serious injuries to crores of people. In most of the cases crashes occur either due to carelessness or…

1. This has reference to guidelines issued by the Authority on Point of Sales Person (POS) vide its Circular Nos. IRDA/Int/GDL/ORD/183/10/2015  dt. 26.10.2016, IRDA/LIFE/GDL/GLD/222/11/2016 dt. 07.11.2016 No. IRDAI/INT/CIR/PSP/130/06/2017  dt. 05.06.2017…