Irdai proposes big changes to insurance commissions; companies, agents may feel the pinchIrdai has proposed an overhaul of the commission payment structure for insurance distributors across various products. This new framework a...
24 Sep, 2026, 11.28 AM IST
Explained: Why PB Fintech, Turtlemint, SBI Life, HDFC Life and other insurance stocks tanked up to 26% on ThursdayIRDAI has proposed insurance distribution reforms, including a ban on dark patterns, lower Expense of Management limits and greater commiss...
24 Sep, 2026, 11.26 AM IST
Irdai proposes ban on insurance website ‘dark patterns’, seeks lower distribution costsIrdai proposes prohibiting dark patterns on insurance websites that require personal details to access information. The reforms aim to impr...
24 Sep, 2026, 12.02 AM IST
8th Pay Commission: AIDEF demands Rs 69,000 minimum pay, 3.83 fitment factor and 11-year commutation period8th Pay Commission news: AIDEF has put forth demands regarding family units and pay calculations for the 8th Pay Commission. They request a...
23 Sep, 2026, 04.58 PM IST
8th Pay Commission: Pensioners seek 11-year restoration period of commuted pension, cite HC judgment8th Pay Commission news: Bharat Pensioners' Samaj has urged the Centre and 8th Pay Commission to reduce the restoration period for commuted...
23 Sep, 2026, 01.51 PM IST
₹1 crore accidental death claim rejected over alleged income inflation; here’s why wife won against insurerAn insurer's attempt to deny a Rs 1 crore accidental death claim based on alleged income inflation backfired. The consumer commission ruled...
23 Sep, 2026, 11.49 AM IST
Oriental Insurance bets on health, MSME products to drive growthThe state-owned general insurer holds 35.2 million shares, representing a 1.42% stake, in the country's largest stock exchange that closed ...
23 Sep, 2026, 12.35 AM IST
8th Pay Commission calculator: Can Level 8 employees get Rs 18 lakh in arrears for report implementation delay?8th Pay Commission news: The 8th Pay Commission’s report submission and implementation timeline will determine employees’ arrears. For Leve...
22 Sep, 2026, 12.31 PM IST
NPS Swasthya latest guidelines: How much do you need to contribute? Check fees, withdrawal and exit rulesThe PFRDA has unveiled comprehensive operational guidelines for the NPS Swasthya health cover. These guidelines specify minimum contributio...
22 Sep, 2026, 12.10 PM IST
Buying health insurance? You must check track record of claims and complaintsThe insurance advisory platform, Ditto Insurance, compares insurers on two key metrics: three-year average claim settlement ratio (by polic...
21 Sep, 2026, 06.30 AM 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
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
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
₹1 crore penalty on Canara HSBC Life Insurance Company over mis-selling of a deferred annuity policy to an 88-year-old senior citizenAn 88-year-old was sold a deferred annuity policy despite age restrictions, leading to a Rs 1 crore penalty for Canara HSBC Life. IRDAI fou...
11 Sep, 2026, 01.18 PM IST
Canara HSBC Life fined Rs 1 crore for mis-selling policy to 88-yr-old via Canara BankCanara HSBC Life Insurance Company received a ₹1 crore penalty from IRDAI. The fine was imposed for mis-selling a deferred annuity policy t...
11 Sep, 2026, 12.22 AM IST
Irdai fines ICICI Lombard Rs 1 crore for outsourcing, vendor management lapsesThe Insurance Regulatory and Development Authority of India has imposed a ₹1 crore penalty on ICICI Lombard General Insurance for lapses in...
08 Sep, 2026, 12.56 AM IST
Curb misselling, not agents: Insurance reform needs a scalpel, not a hammerIndian insurance regulators are rethinking intermediary payment structures to reduce misselling. Proposed reforms aim to lower distribution...
05 Sep, 2026, 12.55 AM IST