It’s a dog’s life in insurance, too
It’s a dog’s life – in insurance, too. Though public sector general insurers and some private ones have offered this cover to tap the growing number of canine lovers in…
Oriental Insurance to pay Rs 11.63L to Liberty Cinema owner
Oriental Insurance Company Ltd has been asked by the Delhi State Consumer Commission to pay Rs 11.63 lakh to the owner of Liberty Cinema hall here as balance of reimbursement…
Oriental Insurance to pay Rs 27.51 lakh to victim’s family
The family members of a man, who died in a road accident involving a rashly-driven Blueline bus, have been awarded a compensation of 27.51 lakh by a Motor Accident Claims…
Non-life insurers invest to set up TPA in 6 months
State-run non-life insurers that have started setting up a common third-party administrator (TPA) would initially invest Rs. 1 billion. The four insurers plan to set up the TPA company in…
Insurance Co can’t go back on policy once its issued
Once an insurance company has issued a policy, it cannot later reject the insured person's claim on the ground that cover was given in violation of terms and conditions, the…
Online Mock Test for PSU Officers Scale 1-5 examination
Mock Test for PSU Scale 1-5 available for exams on 18th December. Hurry Up!! Sign it up today....
Oriental Insurance Co. Ltd. v Ram Prasad Varma and others
Oriental Insurance Co. Ltd. v Ram Prasad Varma and others - Date of Judgment: 13/1/2009Case No.: Civil Appeal No. 106 Of 2009 - Bench: S.B. Sinha, Cyriac Joseph Judgment: [Arising Out Of…
Limitation period is key to insurance claims Subject: Misinterpretation of judgment causes havoc in insurance cases.
Backdrop: The limitation period means the time within which a person must file his case before a judicial authority for exercising his rights. This period is to be calculated from the…
SC: No insurance benefit if driver does not have a valid licence
The Supreme Court has set aside the ruling of the National Consumer Commission and reiterated that an insurance company is not bound to pay motor vehicle insurance if the driver…