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INSURANCE COVERAGE FOR TRANSPORT VEHICLES
New insurance norms for hospital admission: 'Unnecessary hospitalisation' won't be allowed; doctors fear genuine mediclaims may be deniedNew insurance norms for hospital admission issued by the General Insurance Council advise that patients with uncomplicated fever be treated...- By how much will E20 petrol reduce your car's mileage? One ministry says one thing, another says anotherThe Road ministry said E20 petrol might hit your mileage by 2-6%, based on a study by ARAI, SIAM, and Indian Oil Corporation. The statement...
- Passenger transport aggregators in Maharashtra must register by Sept 1 or face action: MinisterApp-based transport companies in Maharashtra must register by September 1. Failure to comply will result in legal action against non-regist...
- 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 not liable for accident compensation if driver's licence was invalid: Supreme CourtThe Supreme Court ruled insurance companies are not liable for accidents with unlicensed drivers. Driving without a valid license can lead ...
- 1,000-plus km on a single tank: While world focuses on EVs, this hydrogen bus, which refuels in just 15 minutes, has emerged as clean-fuel alternativeHydrogen Bus Spain: A hydrogen-powered bus has been transporting passengers in Madrid, Spain, since June as part of a real-world trial. Pow...
- Tata AIG rejects stolen bike insurance claim over delayed FIR: Court says police delay can't cost a policyholder their compensation; orders insurer to pay over Rs 2 lakhTata AIG rejects stolen bike insurance claim over delayed FIR: Tata AIG General Insurance ordered to pay over Rs 2.19 lakh by a Visakhapatn...
- Will government raise Rs 21,000 ESIC wage ceiling? Here's what Labour Ministry saidThe ESIC wage ceiling is periodically increased by the government. The last revision raised the limit to twenty-one thousand rupees monthly...
- 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.
- SML Mahindra to acquire Mahindra’s truck and bus business for Rs 525 croreIn a significant strategic shift, Mahindra & Mahindra plans to hand over its Truck and Bus Division to SML Mahindra for Rs 525 crore. This ...
- Trump administration to end Medicare Part D subsidy after 2026The Trump administration will end a Medicare Part D subsidy program after 2026. Insurers have gained enough experience to price plans accur...
- Auto wholesales likely to stay strong in July on PV, CV demand: NuvamaDomestic automobile wholesales are projected for strong growth in July 2026. Passenger and commercial vehicle volumes are expected to expan...
- Will using E20 petrol lead to insurance claim rejection? Here’s what govt saysThe Ministry of Petroleum and Natural Gas has clarified E20 petrol use. Insurance claims cannot be rejected solely based on using E20 fuel....
- Bank of Baroda Data Leak: Compromised employee email linked to alleged 1TB data leak on darknetBank of Baroda said its recent data leak resulted from the compromise of a single employee's email account and did not affect its core bank...
- Delhi transport unions plan 'E-20' protest march to Parliament on August 4Delhi-based transport associations have announced a protest march to Parliament on August 4 against the mandatory rollout of E20 petrol, de...
- Rs 2 lakh accident insurance to guaranteed minimum pension up to Rs 3,000: Key govt schemes like APY, PMJAY that help the poorIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
- ICICI Lombard rejects Rs 50 lakh accidental death insurance claim, consumer court said insurers can't add new claim conditions. Here's what happenedA consumer commission ordered ICICI Lombard to pay fifty lakh rupees to a policyholder's nominee. The policyholder died in a road accident,...
- MEA urges caution for Indian seafarers taking Black Sea jobs after deaths of five nationalsIndian nationals are urged to assess Black Sea job security risks. The Ministry of External Affairs issued a new travel advisory for seafar...
- 5 critical checks before buying health insurance policy to avoid claim rejectionsChoosing health insurance requires careful consideration of several important factors. Opting for a policy simply because it has a low prem...
- Motor insurance: Consider issuing circular standardising cross-border coverage clauses, SC to IRDAIThe Supreme Court on Monday asked IRDAI to consider issuing a master circular to standardise cross-border coverage clauses in motor insuran...
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