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FALSE INSURANCE CLAIM
Khalid Ahmed Satary and Emylee Thai: What do we know about newly added fugitives to FBI’s 'Most Wanted Fraudsters' list in $6.5 billion healthcare takedown?The FBI has added two international fugitives, Khalid Ahmed Satary and Emylee Thai, to its "Most Wanted Fraudsters" list following a massiv...
- Health care fraud: Medicare fraud worth over $6.5 billion exposed as Justice Department announces criminal charges against 455 people
Healthcare fraud has been a long-running Justice Department priority and news conferences announcing roundups and crackdowns have been comm...
Iran makes 'major concessions', agrees to long-term nuclear inspections, claims TrumpUS President Donald Trump announced that Iran has agreed to the highest level of nuclear inspections indefinitely, ensuring "nuclear honest...
Steering wheel malfunction in new car leads to accident during family trip; owner fights and wins Rs 18.23 lakh refund, Rs 4 lakh compensation in consumer forumA car buyer has won a significant victory after a nearly three-year legal battle. His seven-month-old MG CVT automatic car experienced Elec...
Tokenised gold: A new way to invest in gold or a risky bet? What Indian investors need to know before investingTokenised gold is emerging as a new investment option in India. It uses blockchain to represent physical gold digitally. Investors can trad...
Welcome to Trump’s America, where the visa dream is getting harder to keep alivePresident Trump's second term is tightening legal immigration pathways, including student visas and green card applications. New policies r...
SBI must pay Rs 5 lakh to woman despite 6-year delay in claim: Nagpur consumer panelA Nagpur consumer commission directed SBI to pay Rs 5 lakh to a widow. The payment is for an insurance claim filed six years late. The comm...
“AI Is not a fortune teller”: Rahul Ghose on the limits of algorithmic investingSynopsis - With AI increasingly entering the investing space, Rahul Ghose discusses how platforms like Hedged.in are using technology to im...
Wars, recessions, political crises, market crashes. Warren Buffett’s advice on each of themWarren Buffett made a prediction in the mid-1990s he knew would come true: Berkshire Hathaway's future returns would fall short compared to...
Journalist or messenger? Why does every White House Iran leak go through the same reporter? The Barak Ravid questionBarak Ravid and the Iran Leak Pipeline: The name Barak Ravid keeps appearing whenever sensitive Iran stories break in Washington. A new lea...
Insurance dark patterns: How customers pay higher premiums and buy unnecessary add-ons online, explain Deloitte India’s Aakash Sharma & Suchintan ChatterjeeDeloitte India’s Aakash Sharma & Suchintan Chatterjee talk to Yasmin Hussain on insurance dark patterns.
Supreme Court tells govt to curb false insurance claimsThe apex court has expanded the ambit and has sought response from states and other stake-holders to evolve a mechanism to curb such practi...
Court raps CBI for filing closure report after 30 yearsThe case pertains to one D N Sarkar, who was accused of conspiring with officials of National Insurance Company and cheating the insurance ...
Amarinder making false claims on Operation Bluestar: Parkash Singh BadalParkash Singh Badal today accused Amarinder Singh of vitiating the political atmosphere of the state with his "false" claims on Operation B...
- False accident insurance claim lands four in 3 years jail
The magistrate held them guilty of submitting bogus records in making the claim with the National Insurance Company in 2005.
- Insurers, Irda building database to check fraud
Insurers as well as the Insurance Regulatory Development Authority (Irda), for the first time, have started to maintain and share a databas...
- HC directs CB-CID to investigate false insurance claims
The Madras High Court directed the state crime branch-CID to probe future cases of false and fabricated motor vehicle accident insurance cl...
- Railways won't renew accident cover policy
Indian Railways have not renewed the insurance cover bought from general insurers that shielded passengers against injuries or death in cas...
- False med claims: Insurance firms lose Rs 600 cr
According to a survey conducted by MediAssist, the number of false claims in the industry is estimated at around 10-15% of total claims.
- False statement ground for rejecting insurance claim: SC
THE Supreme Court has held that furnishing false statement about the nature of occupation of the insured person could be a ground for the n...