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HOMEOWNERS INSURANCE CLAIMS
Builder skipped mandatory RERA insurance? Why homebuyers face big risks and what to do nowBuilders are legally required to secure insurance for housing projects under RERA Section 16. This insurance covers land title and construc...
Winter storm to cause billions of dollars in insured losses, UBS estimatesA major winter storm that hit the United States in recent days is expected to cause billions of dollars in insured losses, analysts at bro...
Florida homeowners set to save thousands as insurance premiums drop and $10,000 home fortification grants expandFlorida homeowners will see significant property insurance premium reductions starting spring 2026, with average savings of 8.7 percent sta...
Bengaluru techie had no savings or safety net. From earning Rs 18k/month to now owning a house before the age of 25, how did he do it?A Bengaluru techie's story inspires many online. He grew up with limited financial resources. Through hard work, he got into a good college...
What to look for while buying home insurance?Home insurance provides financial protection against potential risks, such as natural disasters, theft, fire, and other unforeseen damages....
Big Los Angeles wildfire switches direction, posing new threat despite winds easingLos Angeles wildfires have shifted direction, triggering new evacuation orders. The fires have killed 11 people, razed neighborhoods, and d...
Now, customise motor, home insurance policies: IrdaiThe IRDAI master circular, which repeals all earlier circulars and guidelines, was released on 11 June 2024 and suggests providing wider ch...
Insurers must offer a basic cover, strict claim deadlinesRegulator mandates 'pay as you drive' option in motor insurance. Customers to benefit from tailored products and roadside assistance servic...
General insurance companies can't reject claims for want of documents: IrdaiIrdai stated that general insurance companies cannot reject claims for lack of documents, introducing reforms in the business with a new ma...
Wider choice: Irdai proposes 3 years insurance cover for cars & 5 years for two-wheelersThe draft proposes to permit all general insurers to offer 3-year insurance policy in respect of private cars and 5-year for two-wheelers, ...
Better.com CEO Vishal Garg, who sacked 900 employees on Zoom call, sued for misleading investors by former execThe digital mortgage company was planning to go public with a SPAC merger.
Former executive alleges Better.com, CEO misled investors to ensure SPAC dealBetter.com's plan to go public through a merger with a special-purpose acquisition company (SPAC) Aurora Acquisition Corp, in a deal that v...
Property insurance rates may spikeSeverity of disasters, which are taking place at shorter intervals, has prompted insurers to consider hiking rates in April 2020, when poli...
Artificial Intelligence, Machine Learning will help disrupt insurance models: Girish Kannali, InfogainIn an e-mail interaction Infogain's Girish Kannali discusses innovations in the insurance sector and more.
Financial woes of owning a house & how to cope with them!Home buying is more than just an investment for most people.
- Insured mortgage defaults top 80,000 in October
Defaults on privately insured US mortgages rose 35 per cent in October, and topped 80,000 for the first time.
- Fire policy could have come to home owners’ aid
UNLIKE most car owners who have their insurance policies to fall back on, households that were affected by last week’s deluge would have to...