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One man's EV coverage rose from $1,180 to $1,690 in four years — a roughly 43% increase. The hidden reasons premiums could be getting more expensive may have nothing to do with the batteryElectric vehicle insurance rates are increasing for many owners. This rise is often linked to general market trends, not just battery age. ...19 Sep, 2026, 07.22 PM IST- US Market: Orion180 prices IPO below target range, raises $240 millionOrion180 Insurance raised $240 million through its US IPO after pricing 20 million shares at $12 each, below its targeted range of $15-$17....18 Sep, 2026, 12.58 PM IST
- Government seeks long-term funds to boost infrastructure workIndia is grappling with a funding shortfall as long-term liabilities are rapidly decreasing. With bank deposits and debts maturing in less ...18 Sep, 2026, 08.07 AM IST
- Gujarat floods trigger thousands of crores in insurance claims, prompting rate hikes for industrial risksGujarat floods have triggered substantial insurance claims, prompting a review of pricing. Insurers are now pushing for more disciplined pr...18 Sep, 2026, 12.47 AM IST
- BofA hires Goldman's Srijith Nair to lead Asia ex-China financial institutions bankingBank of America has hired Srijith Nair from Goldman Sachs for key Asia roles. Nair will lead financial institutions group investment bankin...17 Sep, 2026, 03.48 PM IST
- Will this EPF insurance limit rise to Rs 10.50 lakh after EPF wage ceiling hike to Rs 25,000?The government has approved raising the EPF wage ceiling to Rs 25,000. This change will significantly increase the Employees’ Deposit Linke...17 Sep, 2026, 12.04 PM IST
- Vegetarian man's Rs 1 lakh mediclaim rejected due to B12 deficiency; company said his diet led to the illness; court orders insurer to pay him Rs 1.1 lakhAn Ahmedabad district consumer commission has ordered New India Assurance to pay a Rs 1.06 lakh mediclaim it had denied after blaming the p...17 Sep, 2026, 09.41 AM IST
- TTD to offer Rs 2 lakh insurance to devotees; Andhra Pradesh CM Naidu announces major temple development plansTirumala Tirupati Devasthanams will offer insurance coverage to every devotee through LIC. The temple trust also plans to construct new Sri...16 Sep, 2026, 05.51 PM IST
- He trusted Canara Bank for 31 Years, then was sold a life insurance plan that pays at age 93; IRDAI orders Rs 4 lakh refund and ₹1 crore fine for mis-sellingIRDAI has imposed a ₹1 crore penalty on Canara HSBC Life Insurance Company over the sale of a deferred annuity policy to an 88-year-old cus...16 Sep, 2026, 12.36 PM IST
- Lower premium with higher health insurance coverage: Co-pay vs. deductible, which can save you moreNavigating health insurance premiums can be tricky. Understand the crucial differences between deductibles and co-pays. While both share co...15 Sep, 2026, 10.01 AM IST
- Employer-funded life insurance: How group term cover, riders and keyman insurance can strengthen your protectionThe base GTL is where most organisations start. Voluntary enhancement provides affordable cover without underwriting hurdles. Riders extend...14 Sep, 2026, 10.01 AM IST
- Oriental Insurance hopes to turn corner in FY27 assisted by NSE stake dilutionLooking ahead, Oriental Insurance Company projects a profitable turnaround by 2026-27, facilitated by a planned stake dilution in the Natio...13 Sep, 2026, 03.03 PM IST
- 7 years on, insurer ordered to pay Rs 8.06 cr to Swiss firm subsidiary in fire claim disputeA consumer commission ordered an insurer to pay over eight crore rupees to Victorinox India. The company's fire insurance claim was unfairl...13 Sep, 2026, 12.33 PM IST
- Indian Bank to enter life insurance business, soon to seek board nodIndian Bank plans to enter life insurance and asset management sectors soon. The bank is seeking board approval for these proposed new vent...13 Sep, 2026, 12.33 PM IST
- Insurance company rejected Rs 3 lakh mediclaim saying it was an obesity treatment; court found the surgery also treats high BP, weight gain, knee pain; insurer ordered to pay Rs 3.5 lakhAn insurance company rejected a Rs 3.2 lakh mediclaim by calling a weight loss surgery an obesity treatment excluded under the policy. The ...12 Sep, 2026, 11.27 AM IST
- Selling insurance but not handling customer grievances: IRDAI fines IndusInd Bank Rs 1 crore; here's what policyholders should knowIndusInd Bank faces a Rs 1 crore penalty from IRDAI for failing to provide an adequate, insurance-specific grievance redressal mechanism fo...11 Sep, 2026, 03.38 PM IST
- AI alone won’t close India’s insurance gap as NITI Aayog seeks industry help to reach the ‘missing middle’To effectively narrow the insurance gap in India, collaboration between government and private entities is crucial, as technology alone is ...11 Sep, 2026, 02.38 PM IST
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