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MOTOR THIRD PARTY INSURANCE
SC ruling may widen motor insurance cover for vehicle occupants, pillion ridersMotor insurance policyholders will receive broader occupant protection following a Supreme Court ruling. The court directed the insurance r...- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 23%Market breadth (always a better indicator of the underlying sentiment) has remained positive for a few trading sessions in a row. This is w...
- Motor insurance bills could feel the pinch as insurers crack down on third-party fraudMotor insurers are intensifying efforts to curb third-party claim fraud as rising court awards and more uninsured vehicles increase pressur...
- BSE to replace Wipro in Nifty 50 indexIn a notable change effective September 30, BSE shares will enter the Nifty 50 index, taking over Wipro's longstanding position since Janua...
- Insurer-hospital panel on the cards to resolve disputes, says General Insurance Council CEODr S. Prakash, CEO, Health Insurance Ecosystem & Strategic Partnerships, General Insurance Council, speaks to Preeti Kulkarni on policyhold...
- Mumbai hospital delays newborn's discharge after mediclaim rejection: Staff keep 2-day-old baby away from mother for over 9 hours; court orders Rs 37,000 payoutMumbai's Bhatia Hospital has been ordered to pay Rs 37,000 after a state consumer commission found its staff kept a 2-day-old newborn away ...
- Canada Class Action Lawsuit: $8.7 million settlement offers eligible Canadians up to $5,000 - Check who qualifies and how to claim compensationA court in Canada has given the green light for an $8.7 million settlement arising from a privacy breach that occurred in 2020. Canadians w...
- Sebi proposes investment by REITs, InvITs in third party projects without controlling interestSebi has put forth proposals to permit REITs and InvITs to channel their investments into under-construction projects. This initiative is d...
- No insurance, no fuel? Supreme Court proposes pilot project, extends tenure of third party insurance cover for new vehiclesThe Supreme Court has proposed new measures to address widespread non-compliance with mandatory motor insurance laws. Automatic e-challans ...
- SC proposes no fuel for uninsured vehicles, seeks tech-driven road safety overhaulThe Supreme Court has directed the Centre to design a pilot project denying fuel to uninsured vehicles. This initiative aims to improve roa...
- Supreme Court orders automatic challans for uninsured vehicles using cameras as over 50% are found uninsuredSupreme Court orders cameras to identify uninsured vehicles and issue automatic e-challans, tightening enforcement of mandatory vehicle ins...
- Tehran may allow Europe to clear mines in HormuzIran may permit European nations to clear mines from the Strait of Hormuz. This potential shift could aid peace talks and normalize shippin...
- Irdai told to draw up plan to make 3rd-party cover must for fuel purchaseThe Supreme Court ordered Irdai to pilot compulsory third-party insurance for fuel purchases. New four-wheeled vehicles will require four y...
- These 7 banking stocks have an upside potential of up to 25% in 1 year, according to analystsLet us assume FPI buying continues. That last month was not a one-off, but the start of a trend. If so, then sooner or later this money wil...
- Life insurer rejected Rs 70 lakh death claim, but consumer commission ordered it to refund Rs 7 lakh premium despite a lapsed policy; here's whyA life insurer denied a seventy lakh death claim after a policy lapsed. The policyholder had paid seven lakh as the first year premium. The...
- Using pick-up and drop for car service? Know who pays if an accident happensService centres cannot evade responsibility for accidents during vehicle pick-up and drop-off. A signed waiver does not absolve them of neg...
- IN-SPACe re-entry rules expose insurance crunchThe guidelines, issued by the Indian National Space Promotion and Authorisation Centre (IN-SPACe) on July 23, cover planned re-entry missio...
- Enterprise software company Capillary Technologies orders forensic audit into €3 million fraudThe development follows Capillary's July 6 disclosure that fraudsters used "very advanced deep-fake methodologies like voice cloning, signa...
- FinMin launches Protection & Indemnity Insurance product under Bharat Maritime Insurance PoolIndia's Department of Financial Services launched a new sovereign-backed P&I insurance product. This product is designed by New India Assur...
- Insurers redraw playbook as AI risks spawn new coverAI-specific underwriting is being built into existing policies, with standalone products expected as the market matures.
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