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INSURANCE CLAIM
7 years on, insurer ordered to pay Rs 8.06 cr to Swiss firm subsidiary in fire claim dispute- Insurance company rejected Rs 3 lakh mediclaim saying it was an obesity treatment; court found the surgery also treats high BP, weight gain, knee pain; insurer ordered to pay Rs 3.5 lakh
- AI alone won’t close India’s insurance gap as NITI Aayog seeks industry help to reach the ‘missing middle’
- Zuno Gen Insurance promises to cover damage to cars due to blended fuel useZuno General Insurance has launched a new product called Fuel Guard. This add-on covers damage to cars caused by blended fuel use. The prod...09 Sep, 2026, 10.58 PM IST
- BFSI moves beyond AI pilots as firms chase measurable business value: ReportIndian financial institutions are deploying artificial intelligence across many operational areas. These deployments show productivity gain...09 Sep, 2026, 05.41 PM IST
- Credit card lost, and someone used it; who will cover the lost money - you or the bank?What if a transaction takes place after you lose your card, and you don’t block it before that? Who has the liability then - you or the ban...09 Sep, 2026, 05.36 PM IST
- Rs 5 lakh health insurance claim denied by insurer over waiting period for pancreatitis; here's why the policyholder's wife wonA health insurer cannot automatically reject claims using waiting-period clauses. The Mumbai Consumer Commission ruled that insurers must p...09 Sep, 2026, 11.20 AM IST
- Shriram General Insurance inks pact with SK Finance for distribution of insurance productsShriram General Insurance has partnered with SK Finance to enhance customer access to insurance products in vital markets. This exciting co...08 Sep, 2026, 06.14 PM IST
- LIC expects no immediate government stake sale, eyes long-term growth: CEOLIC does not expect the government to sell another stake in the insurer in the immediate future, CEO R Doraiswamy said. The state-owned ins...08 Sep, 2026, 03.06 PM IST
- Whose bill is it when the fire spares the house but poisons the air? California just made that callCalifornia wildfire survivors gain new protections with the Smoke Damage Recovery Act. This legislation establishes the nation's first scie...07 Sep, 2026, 05.47 PM IST
- Should homemakers buy a term plan? Here’s why their unpaid work has real financial valueThe contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insur...07 Sep, 2026, 12.36 PM IST
- ₹1 crore health insurance for each of 18 family members at just ₹7,000 a year: Marwadi grandfather’s secret strategy to handle medical emergency goes viralMarwadi grandfather pays ₹7,000 a year to insure 18 family members for ₹1 crore: A wealth advisor’s viral X post highlights how a Marwadi g...07 Sep, 2026, 12.35 PM IST
- Public Insurance Registry: From tracking policies to improving claim processing, how PIR could benefit policyholdersIndia's Insurance Regulatory and Development Authority of India (IRDAI) has introduced a groundbreaking Public Insurance Registry aimed at ...07 Sep, 2026, 07.25 AM IST
- Nepal floods could cost insurers over $130 mln even before death, injury claimsNepal's recent flood may cause over 20 billion Nepali rupees in insured losses. Hydropower projects sustained the most significant damage f...04 Sep, 2026, 08.49 PM IST
- Insurer can't reject claim if alcohol habit disclosed before policy purchase: Consumer commissionA consumer commission ordered Edelweiss Tokio Life Insurance to pay over fifty lakh rupees. The company rejected a widow's claim despite di...04 Sep, 2026, 05.37 PM IST
- Nepal floods could cost insurers over $130 million even before death, injury claimsNepal’s devastating floods could trigger more than 20 billion Nepali rupees ($132.3 million) in commercial insurance losses, with hydropowe...04 Sep, 2026, 01.53 PM IST
- Should young professionals buy health insurance beyond their employer cover?Employer health insurance offers peace of mind, but what happens when you change jobs? This article explores the benefits of securing your ...04 Sep, 2026, 01.18 PM IST
- IRDAI pitches public insurance registry to reshape industryIndia's insurance regulator is proposing a Public Insurance Registry for data sharing. This digital infrastructure will connect insurers, i...01 Sep, 2026, 12.52 PM IST
- Insurer rejects motor insurance claim citing invalid driving licence; policyholder fights back and wins Rs 3.5 lakh in consumer commissionA motor insurance claim was rejected by HDFC General Insurance over driver's license concerns. The West Bengal Consumer Commission found in...01 Sep, 2026, 12.41 PM IST
- Health insurance during pregnancy: When unrelated illnesses can lead to claim rejectionWithout maternity cover, pregnancy-related complications aren’t covered, but disputes can arise over whether the exclusion extends to unrel...31 Aug, 2026, 11.35 AM IST
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