The UT District Consumer Disputes Redressal Forum has directed United India Insurance Company Limited to pay Saurav Bhatti, a resident of Sector 40, Rs 2.75 lakh as a value of…
The origin of Motor Insurance began in 1895 in England. It is surprising to note, when he motor vehicles started its operation, General Insurance Corporation was the first company to…
The India Motor Tariffs, as amended in July 2002 provided for two types of Policy forms. These were:
A Motor Accident Claims Tribunal (MACT) has held both the original owner and a subsequent purchaser of an uninsured vehicle involved in  road mishap liable to pay compensation to the…
The principle  of indemnity requires that when a loss arises  under an insurance policy, the loss must be made good in such a manner that financially the insured is neither…
In insurance contracts, the legal doctrine of utmost good faith applies. This casts on the insured the duty to disclose all material facts that have a bearing on the insurance.…
Regulators will launch a full-blown investigation into the motor insurance market recently in a move that will cause months of uncertainty for the industry but could result in lower premiums…
A CRPF employee, who suffered 54 per cent permanent disability in a road mishap here, has been awarded over Rs six lakhs as compensation by a Motor Accidents Claims Tribunal…
Please be informed that Third Party Motor Insurance is compulsory!!! Under the provisions of Motor Vehicles Act, all vehicles that ply in public places must have an insurance policy that…
Scientists say, "There is no life on Moon." But our S. Kumar (a retired Insurance Executive but popularly called as Senior DM, even today) dismisses it as, "Rubbish, they don't…