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CLAIM SETTLEMENT GUIDELINES IRDAI
Karnataka CEO orders house-to-house distribution of SIR forms after complaintsKarnataka CEO V Anbukkumar has directed Booth Level Officers (BLOs) to personally visit homes for distributing voter enumeration forms, add...03 Jul, 2026, 03.39 PM IST- Insurance regulator IRDAI plans overhaul of commission rules to curb mis-selling, sources sayIndia's insurance regulator is set to overhaul distributor commissions, proposing payments spread over a policy's life to curb mis-selling ...03 Jul, 2026, 01.16 PM IST
- Cashless health insurance claim rejected? You may still get your claim settled; here’s howCashless health insurance claims are often rejected due to documentation or procedural issues, not outright denial. Understanding the reaso...03 Jul, 2026, 11.14 AM IST
- Bank of Baroda to pay $600 million to settle NMC Health insolvency claimsBank of Baroda has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc. The bank faced allegations of g...03 Jul, 2026, 09.01 AM IST
- New EPFO rules mandate 3-day PF settlements, simplify withdrawalsGovernment revamps EPFO rules, mandating PF claim settlements within three days and imposing a 12% penal interest on officials for delays. ...03 Jul, 2026, 12.54 AM IST
- Bank of Baroda settles NMC Health dispute for $600 million; Q1 credit grows 17%Bank of Baroda has settled a significant legal dispute with NMC Health entities for USD 600 million, resolving claims under UAE and UK regu...02 Jul, 2026, 04.23 PM IST
- EPFO's new social security rules tighten claim timelines, mandate digital complianceNew social security schemes under the Code on Social Security are now in effect, prioritizing digital compliance and faster claim settlemen...02 Jul, 2026, 12.41 PM IST
- SC lays down guidelines on computation of income of motor accident victimsThe Supreme Court has established new guidelines for determining motor accident compensation based on Income Tax Returns. For salaried indi...01 Jul, 2026, 05.24 PM IST
- Nearly half of Indian households need electrical upgrades for EV charging: ReportA significant portion of Indian homes need electrical upgrades to safely charge electric vehicles, a new study reveals. This infrastructure...01 Jul, 2026, 02.48 PM IST
- Bombay High Court grants relief to Vadilal Mumbai branch in dispute over brand rightsThe Bombay High Court has granted interim protection to the Mumbai branch of Vadilal ice cream, recognizing its long-standing rights to the...30 Jun, 2026, 10.02 PM IST
- Two general insurance licences approved since 100% FDI move by govt: Irdai chairman Ajay SethIndia's insurance regulator has greenlit two proposals for 100% foreign ownership in general insurance firms, following the government's FD...30 Jun, 2026, 05.43 PM IST
- My wife and I declared diabetes in our health insurance policy. Will it cover new illnesses too?ET Wealth Reader's Query: My wife and I have had a floater health insurance policy for over four years. We declared diabetes as a pre-exist...30 Jun, 2026, 01.00 PM IST
- 'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...30 Jun, 2026, 12.30 AM IST
- EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital re...29 Jun, 2026, 12.00 PM IST
- Insurance money left unclaimed? How to trace, verify and recover your moneyNearly Rs 8,974 crore in unclaimed insurance funds is lying with insurers due to missing nominees, outdated records, lost documents and lac...29 Jun, 2026, 11.41 AM IST
- Alera Group data breach settlement: Americans could get up to $3,500 in settlement payouts-know who’s eligible and the claim deadlineA significant data breach settlement from Alera Group Inc. offers thousands of Americans a chance for compensation, with a filing deadline ...25 Jun, 2026, 07.39 PM IST
- Health insurance: Overall claims experience needs improvement in India; delays, rejections are big pain points in reimbursement, says surveyPolicybazaar's latest Health Claims Experience Index reveals that while cashless claims are preferred, the overall process needs significan...22 Jun, 2026, 11.25 AM IST
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