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CAR INSURANCE POLICY VIOLATIONS
Man left BMW on highway after puncture, found it burnt next morning; insurer denied Rs 70 lakh claim; he fought back and won claim money with 7% interestAccording to the insurer, the BMW owner made multiple policy violations. Specifically, he failed to immediately notify the police and the i...
IRDAI insurance commission curbs: Why the industry is facing a reckoningThe IRDAI's move to tighten commission caps in India's insurance sector has sparked considerable attention. Despite previous regulatory att...
GoFundMe deactivates David Johnson fundraiser after viral luggage video raises nearly $745,000 for wife’s cancer treatment. Here's whyGoFundMe deactivated a fundraiser for 81-year-old Texas man Donald Johnson after it raised nearly $745,000 to help pay for his wife’s cance...
IRDAI proposes sweeping changes to insurance distribution: Commissions, costs, mis-selling rulesThe customer-centric proposals aim to increase transparency, cut distribution costs and reduce insurer expenses.
Big insurers, bigger advantage? Smaller players flag Irdai’s new expense capsSmaller life and general insurers worry that proposed distribution reforms might benefit larger insurers disproportionately. The changes in...
Irdai commission caps put insurance distributors' renewal income in focusInsurance distributors are expected to write to the regulator on this issue as part of their submissions to IRDAI's consultation paper, sou...
After GST exemption, retail policy base rises 11% for Star HealthExempting individual health insurance premiums from GST has led to increased policy adoption across various demographics. Star Health repor...
Delhi Traffic Police issues record 44,484 challans to private buses amid rising safety concernsBetween January 1 and September 24, 2026, Delhi Traffic Police issued 44,484 on-the-spot challans to private buses. This represents a 22% i...
Insurance stocks slide for 2nd day following IRDAI proposal to cap commissionsThe insurance market is in turmoil as shares of leading companies drop following the IRDAI's proposal for new commission regulations impact...
Offered lower interest rates on home loans and car loans when you buy insurance? It may not always come cheap; here's how IRDAI proposes to change itNew proposals by IRDAI aim to reform loan-linked insurance offerings from banks and NBFCs, ensuring transparency for borrowers. Key changes...
You may soon buy motor insurance via Bima Sugam when buying a new car; dealers can't deny cashless repairs if IRDA proposals are implementedIRDAI's proposed reforms could revolutionize motor insurance purchases, making them more transparent and customer-friendly. With direct dig...
Missed declaring parents’ pre-existing conditions? Know if you should disclose them now or switch policiesNot disclosing your parents' medical conditions when buying health insurance can have serious repercussions, especially at the time of a cl...
IRDAI proposes clawback of commissions in case of mis-sellingUnder the proposed framework, distributors could be rewarded for the quality of sales and servicing, while commissions could be clawed back...
IRDAI proposal hits insurance stocks; FSSAI vs ecomm giantsThe insurance regulator has proposed new limits on commissions as part of a wider overhaul. This and more in today’s ETtech Top 5.
IRDAI proposals on insurance’s money machine leads to bloodbath for stocks: What happens to your moneyInsurance premiums may decrease if the Insurance Regulatory and Development Authority of India implements proposed commission changes. Prop...
Tighter mis-selling rules, easier insurance buying and more: 4 prominent changes proposed by IRDAI that could affect policyholders the mostThe IRDAI has proposed transformative reforms to enhance insurance distribution in India, focusing on affordability and transparency. Key c...
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...
Man tries to commit insurance fraud by setting car ablaze, blames fire on accident; arrestedGondal Taluka police in Rajkot district have initiated proceedings against 26-year-old Deep Virdiya, who allegedly set his overturned car o...
Explore the small details that can make a used car easier to sellSelling a used car is not just about its age, mileage, or mechanical condition. Small details such as complete paperwork, service records, ...
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. ...