A Bengaluru consumer commission fined Aditya Birla Health Insurance for rejecting a genuine claim citing hospital's late intimation. The firm must pay Rs 2.6 lakh with interest and compensation.
Dubai Police launch a new online service for 'To Whom It May Concern' certificates for weather-damaged vehicles. Skip police station visits, upload photos, pay AED 95, and get your certificate in 1-2 days. Essential for insurance claims.
Choosing term insurance? Don't just look at price. Use these 4 objective metrics—Claim Settlement Ratio, Amount Settlement Ratio, Solvency Ratio & Business Volume—to select a financially stable insurer that will honor claims. Protect your family's future
Starting April 2025, term insurance premiums will be GST-free. Learn how this tax change impacts your financial planning and boosts insurance affordability in India.
Lok Sabha passes key insurance bill, raising FDI limit to 100% and strengthening IRDAI. Can it bridge India's low insurance density gap without over-regulation?
Learn how the principle of contribution in marine insurance impacts claim settlements when multiple policies cover the same risk. Essential reading for Indian shippers and exporters.
Parliament has approved the Insurance Amendment Bill 2025, amending three key laws: the Insurance Act, 1938, LIC Act, 1956, and IRDA Act, 1999. Read about the sector's transformation.
Dense winter fog in North India increases accident risks. Learn how investing in a dashcam can provide crucial evidence and streamline your motor insurance claims process.
The Sabka Bima Sabki Raksha Bill 2025 marks India's biggest insurance reform, allowing 100% FDI, new intermediaries, and stronger policyholder protection. Read the full analysis.
The Indian government is considering a fresh capital infusion of up to ₹5,000 crore into three struggling state-owned general insurers to shore up solvency and enable future reforms like consolidation or sale. Read the full analysis.
The Lok Sabha has passed a crucial bill to increase the foreign direct investment limit in the insurance sector to 100%. This move aims to boost capital inflow and enhance insurance penetration in India. Read more for details and analysis.
PB Partners, a leading PoSP insurance advisor, has inaugurated a new Experience Center in Delhi's Rajendra Place. The center aims to simplify insurance and provide expert guidance to customers.
The new insurance bill aims for 100% FDI, easier access, and universal protection by 2047. Discover how it changes rules for LIC, IRDA, and policyholders.
The Sabka Bima Sabki Raksha Bill 2025 aims to transform India's insurance sector with 100% FDI, niche licences, and a shift to regulation-driven oversight. Read the key changes.
A district finance head in Latur allegedly murdered a drunk man, burning him alive in a car to fake his own death and claim a Rs 1 crore insurance payout to clear Rs 97 lakh debt. Police cracked the case in 24 hours.
Essential guide for NRIs on term insurance in India. Learn about coverage, tax benefits under Section 80C & 10(10D), and crucial policy guidelines for financial security.
Galaxy Health Insurance announces its foray into travel insurance. MD & CEO G. Srinivasan reveals a ₹400 crore Gross Written Premium target by FY27 and launches a new integrated health product.
A debt-ridden Latur resident arrested for murdering a drunk man to stage his own death and claim ₹1 crore insurance. Police unravel the chilling plot.
Calcutta High Court rules the smell of alcohol in a post-mortem report is insufficient to deny compensation to a victim's family. The court emphasized the need for concrete proof of drunken driving.
Ernakulam consumer court rules denying claim for road accident treatment as unfair practice. Insurer ordered to refund Rs 94,276 with interest & compensation. Details inside.
Thane MACT orders Rs 40 lakh compensation for a plumber's family after a fatal 2018 highway accident. The tribunal rejected the insurer's defence. Read the full details.
India's life insurers are boosting trust with faster, digitized claim settlements. Explore the drivers, regulatory changes, and persistent challenges like nomination gaps. Learn what truly counts in life insurance.
Goa govt approves major overhaul of Kera Suraksha Insurance Scheme, making Rs 7 lakh coverage free for all coconut workers from 2025-26. Details inside.
A new report reveals compact cars and SUVs account for three-fourths of motor insurance claims in India, while electric vehicles are the most expensive to repair. Discover the data shaping insurance premiums.
Ghaziabad consumer commission orders Star Health to pay Rs 50k claim, rules treatment method is for doctors, not insurers, to decide. Read the full verdict details.
Victims of the Nov 10 Delhi blast near Red Fort face mounting debt and bureaucratic hurdles as promised compensation remains stuck. Their burnt vehicles, key to insurance claims, lie in police custody. Read their fight for survival.
Victims of the Nov 10 Delhi blast near Red Fort face financial ruin. With vehicles charred and EMIs due, they battle red tape for insurance and promised govt compensation. Their struggle continues.
Noida's District Consumer Commission orders Reliance General Insurance to pay a policyholder's Rs 51,462 claim with interest, ruling that claims cannot be rejected on mere suspicion. Learn about the landmark decision.
Surat consumer court orders New India Assurance to pay a Rs 67,115 medical claim plus compensation, overturning rejection based on patient leaving hospital briefly for a bath. Details inside.
A Rajkot woman's insurance claim for knee surgery was rejected as 'experimental.' After 23 years of premiums, the consumer court ruled in her favour. Read the full story.