Man fakes death for insurance, kills another in Latur
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.
Category : Search result: insurance ombudsman India
K-Rera Orders Builders to Insure Common Areas in 30 Days
Karnataka RERA directs builders to insure common areas, ruling they cannot leave residents to foot disaster repair bills. A recent fire case highlights the mandate.
Consumer Court Slaps Insurer for Denying Accident Treatment Claim
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.
India's Life Insurance Claims: High Settlement Ratios & Challenges
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.
RBI's Jan-Feb Drive to Clear Pending Customer Complaints
RBI Governor announces a special two-month campaign to resolve all complaints pending over 30 days with the Ombudsman. Get details on the surge in grievances and the central bank's push for better customer service.
Goa Makes Coconut Worker Insurance Free from 2025-26
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.
Health Insurance Now Consumption-First: Policybazaar Report
A new report reveals India's health insurance shift towards real-time use policies. Maternity cover adoption soars 150-180%, OPD sees 40% utilisation. Discover the new trends.
IndiaFirst Life & Dombivli Nagari Sahakari Bank Forge Alliance
IndiaFirst Life Insurance enters a strategic corporate agency partnership with Dombivli Nagari Sahakari Bank to offer tailored insurance solutions to the bank's customers in Maharashtra.
Small Cars, SUVs Lead Insurance Claims; EVs Most Expensive to Fix
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.
Compact Cars, SUVs Lead 75% of Motor Insurance Claims in India
A new report reveals compact cars and SUVs dominate 75% of motor insurance claims in India, while EVs are the most expensive to repair. Discover key city-wise trends and insights.
Consumer Panel: Insurer Can't Override Doctor's Treatment Call
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.
Consumer Panel Orders Insurer to Settle Rs 51,000 Mediclaim
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.
Shivamogga Farmers Protest Inadequate Crop Insurance Payout
Shivamogga farmers are outraged over paltry compensation for rain-damaged crops, blaming faulty rain gauges and flawed data. MP vows to raise the issue in Parliament. Read more.
MP Chowta Orders Swift Crop Insurance Payment to Farmers
Dakshina Kannada MP Capt Brijesh Chowta intervenes to expedite delayed Weather-Based Crop Insurance Scheme (WBCIS) payments for thousands of eligible farmers. Read about the directive and the reasons behind the hold-up.
Banking Complaints Jump 13% Under RBI Ombudsman Scheme
Consumer complaints to RBI Ombudsman rose 13.55% in FY25, with banks facing most grievances. Learn the top complaint categories and how to file your complaint.
OICL AO 2025: 300 Vacancies, Apply by Dec 18
OICL announces 300 Administrative Officer vacancies for 2025. Revised registration from Dec 3-18. Check eligibility, salary up to ₹96,765, and apply now!
Credit Info Company Complaints Quadruple in 3 Years
Borrower frustration over credit scores & data accuracy explodes. Complaints against Credit Information Companies surge nearly 400% as per India's financial ombudsman report. Dive into the data.
Insurance Claim Rejected for Bath at Home, Consumer Court Orders Payout
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.
Court orders insurer to pay Rs 3.9 lakh claim after 23-year policy
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.
Govt's Insurance Reform Bill to Allow 100% FDI, Composite Licences
The Indian government is set to introduce a sweeping insurance reform bill, raising FDI to 100% and introducing composite licences. This aims to boost capital, competition, and penetration in the sector. Read more.
Chola MS Insurance Aims for H2FY26 Growth After Profit Drop
Chola MS General Insurance expects improved performance in H2FY26. MD V. Suryanarayanan discusses motor portfolio, crop insurance plans, and rural expansion to 2.2 lakh gram panchayats. Read the full interview.
Delhi HC fines Citibank Rs 1 lakh in credit card harassment case
Delhi High Court imposes Rs 1 lakh fine on Citibank for harassing a lawyer over unauthorized transactions. Court orders RBI to strengthen complaint redressal system and protect credit card customers from unfair charges.
Niva Bupa Transforms Agents into Health Captains
Niva Bupa is revolutionizing health insurance by transforming agents into 'Health Captains' to bridge knowledge and trust gaps. Discover how this new model empowers advisors.
Delhi man's insurance fraud with mannequin exposed in UP
UP Police uncovers bizarre insurance fraud attempt where Delhi businessman tried to cremate mannequin to claim ₹50 lakh policy. Read the shocking details.
Term Insurance Boom in India's Tier-2 Cities
Discover why term insurance demand is growing 35% in India's tier-2 cities. Improved digital access, financial literacy, and younger demographics are driving this shift toward financial protection.
China Taiping Shares Fall 8.1% on HK$2.6B Fire Risk
China Taiping Insurance shares plummet as HK$2.6 billion exposure to deadly Hong Kong fire raises concerns. Analyst warns coverage 'seriously underinsured' for 2,000-unit complex.
Tata AIA Introduces Param Raksha Life Pro Insurance Plan
Tata AIA Life Insurance launches Param Raksha Life Pro, offering comprehensive protection with advanced features including critical illness coverage and flexible premium options.
Secure Your Family's Health Before 2026 Costs Rise
Healthcare costs are soaring. Discover why a future-ready family health insurance plan is essential to protect both your family's well-being and your financial stability in 2026 and beyond.
LIC, SBI Life Stocks Drop on New Insurance Bill
LIC, SBI Life and other insurance stocks fell up to 2% as government plans to introduce Insurance Laws Amendment Bill in Parliament's winter session. Key details inside.
Govt to table bill for 100% FDI in insurance sector
Indian government to introduce bill allowing 100% foreign direct investment in insurance during Parliament Winter Session from Dec 1-19. Major boost for insurance sector.
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