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INSURANCE FRAUD CLAIM CASE
Insurer rejected Rs 50 lakh claim after man’s death; consumer panel finds insurer at fault, orders full payout with 6% interestInsurer rejected Rs 50 lakh claim after man’s death: A consumer commission has directed Cigna TTK to pay Rs 50 lakh after finding that the ...- Supreme Court rulings set to raise insurers' third-party liabilityGeneral insurers face higher motor third-party claim reserves due to Supreme Court rulings. A recent ruling fixes homemakers' notional inco...
- India plans insurance reforms to rein in healthcare costs, sources sayIndia is considering sweeping health insurance reforms to standardise treatment rates, coverage and billing, while expanding a nationwide c...
- US visa fraud: Andhra man admits to faking Rs 1.2 crore net worth, degree, and job for US EmbassyDelhi Police registered an FIR against a 25-year-old man from Andhra Pradesh. He allegedly submitted forged education and employment docume...
- 'Compromised PM forced to sell India's interest': Rahul Gandhi as US court dismisses Adani caseCongress leader Rahul Gandhi criticised Prime Minister Narendra Modi after a US court permanently dismissed criminal charges against Adani ...
- Insurer denied claim against workplace accident during lunch break; employee escalated the issue in Delhi HC and won ₹7.86 lakh compensation with 12% interestEmployee denied compensation as he lost his left leg due to accident at workplace during lunch-break; Delhi HC orders insurance company to ...
- PNB case: Accused can't dictate probe method, says court while rejecting plea for video conferenceA Mumbai court rejected Purvi Modi's plea for a video conference statement. The court stated an accused cannot dictate investigation proced...
- 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...
- US Stock Market: Adit Ventures under SEC scrutiny over SpaceX-linked investment dealsThe SEC has brought settled fraud charges against Adit Ventures Management, its founder Eric Munson and three partners over alleged miscond...
- 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...
- SEC settles charges over SpaceX, Klarna, pre-IPO share fraudThe SEC alleged that the investment adviser had used "false claims and promises" to solicit investments in Adit-managed funds and used clie...
- Naresh Goyal seeks discharge from money laundering case; court asks prosecution to reply to pleaNaresh Goyal has submitted a request for discharge in connection with a money laundering case involving an alleged bank fraud amounting to ...
- US revokes 175,000-plus visas under Trump as State Department steps up vettingThe US State Department said most visa revocations followed law enforcement encounters involving assault, drunk driving, theft, drug offenc...
- New Orleans police officer Brandon Coleman faces 350 charges after investigators say he collected more than $111,000 in fraudulent pay and cameras showed him home during overtime hoursNOPD senior officer Brandon Coleman faces 350 charges in an alleged overtime fraud case after Louisiana State Police said he collected more...
- 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...
- Bengal CID grills TMC leader Abhishek Banerjee's close aide in land fraud case for around 10 hoursSumit Roy, an aide to TMC leader Abhishek Banerjee, was questioned for ten hours by the West Bengal CID. This interrogation occurred in con...
- AB-PMJAY guideline violations: Over 2,000 hospitals de-empanelled, 1,200 suspended, says NaddaOver two thousand hospitals faced de-empanelment for scheme guideline violations. Automated triggers detect suspicious claims within twenty...
- 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...
- From UAE to India: Woman accused in Rs 88 crore investment scam extradited after global manhunt & INTERPOL Red NoticeVishakha Rathod, implicated in an Rs 88 crore investment fraud scheme, has been extradited from the UAE following the issuance of an INTERP...
- Surrender and withdrawals as a share of total benefits paid by life insurers rise to 39%Surrender and withdrawal benefits paid by life insurers have increased significantly. These benefits now exceed maturity benefits paid by t...
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