Rs 50 lakh personal accident claim denied over “misrepresentation”; insurer’s own investigator found it valid; here’s why nominee wonIn a significant ruling, the Kurnool Consumer Commission directed ICICI Lombard to pay a Rs 50 lakh insurance claim that was initially reje...
08 Oct, 2026, 11.07 AM IST
GST Council to consider 17-day refund timeline, faster registrationsThe GST Council is set to consider measures to speed up refunds and GST registrations, with a proposed 17-day refund timeline and greater a...
07 Oct, 2026, 12.52 PM IST
AI can decode your insurance policy, but can it predict your claim? Know the limitsNavigating health and life insurance policies can be daunting due to complex jargon and lengthy documents. AI can simplify understanding by...
07 Oct, 2026, 12.09 PM IST
Reducing commissions may help curb mis-selling of insurance products; IRDAI’s role remains crucialThe Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributor...
05 Oct, 2026, 12.27 PM IST
Wall Street’s $10 billion India hospital bet sparks a fight over billsWall Street has poured about $10 billion into Indian hospital chains over the past five years, with investors including Blackstone, KKR, TP...
05 Oct, 2026, 11.00 AM IST
Karnataka gig workers seek implementation of welfare schemesIn a letter to the board’s chief executive officer, Indian Federation of App-based Transport Workers (IFAT) and Karnataka App-based Workers...
05 Oct, 2026, 12.06 AM IST
Employers may soon be able to claim ITC on GST paid for employee insurance coverThe GST Council is gearing up to consider a proposal regarding input tax credit for employee insurance premiums. Currently, businesses cann...
04 Oct, 2026, 07.44 PM IST
Your car knows where you go. Insurers, lenders and automakers want to know tooConnected cars continuously generate data regarding various attributes like location, driving patterns, and vehicle diagnostics. This data ...
04 Oct, 2026, 07.12 AM IST
What will happen to policyholders if a life insurer fails? BJP MP urges PM Modi to create a safety netIn a recent appeal, BJP Rajya Sabha MP Ajeet Madhavrao Gopchade urged Prime Minister Narendra Modi to implement a robust protective system ...
02 Oct, 2026, 09.07 AM IST
PB Fintech shares crash 50% from peak, fall below 2021 IPO price. More downside coming?PB Fintech shares plunged 50% from their all-time high to drop below the 2021 IPO price of Rs 980. The sharp six-day selloff follows propos...
01 Oct, 2026, 03.22 PM IST
‘Focus on claim ratios, not commissions’: Bajaj General CEO on insurance reformBajaj General Insurance's MD highlights the need to focus on claim ratios instead of distributor commissions. The insurance regulator recen...
30 Sep, 2026, 07.37 PM IST
Bernstein cuts PB Fintech share price target by 53%. More pressure after Rs 37,000 m-cap rout?PB Fintech shares have plunged 42% in four sessions, wiping out Rs 37,000 crore in market value, following IRDAI’s proposed reforms to curb...
30 Sep, 2026, 09.26 AM IST
Jobs in line as IRDAI commission caps force insurance brokers to rethink modelsFacing new commission regulations from the IRDAI, insurance brokers, including Quickinsure, are tweaking their business approaches. This pi...
30 Sep, 2026, 01.58 AM IST
Competition Commission okays BNP Paribas-IndiaFirst Life Insurance dealCompetition Commission of India approved BNP Paribas Cardif's proposal to acquire a 26% stake in IndiaFirst Life Insurance Company Ltd. The...
29 Sep, 2026, 09.15 PM IST
PB Fintech shares suffer Rs 37,000 crore shock in 4 days but Jefferies, Bernstein see up to 100% upsidePB Fintech shares have plunged 42% in four sessions, wiping out Rs 37,000 crore in market value after IRDAI proposed reforms targeting insu...
29 Sep, 2026, 10.42 AM IST
IRDAI’s commission crackdown: Why insurers may cope but distributors face a tougher testTransformations are on the horizon for India's insurance industry, with new proposals from the Insurance Regulatory and Development Authori...
28 Sep, 2026, 03.17 PM IST
Trouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?Insurance stocks including PB Fintech, Turtlemint, ICICI Lombard, HDFC Life and SBI Life face selling pressure as proposed IRDAI distributi...
28 Sep, 2026, 12.03 PM IST