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INSURANCE CLAIMS LEGAL FRAMEWORK
Iran seeks long-term role in managing Strait of Hormuz, eyes billions in annual feesIran is proposing new charges for security and services in the Strait of Hormuz, aiming to generate significant revenue and reshape its man...- Alera Group data breach settlement: Americans could get up to $3,500 in settlement payouts-know who’s eligible and the claim deadlineA significant data breach settlement from Alera Group Inc. offers thousands of Americans a chance for compensation, with a filing deadline ...
- How a Gujarat car owner claimed Rs 1.25 lakh insurance without any proof of accident?A Surat car owner received Rs 1.25 lakh from ICICI Lombard after a consumer commission ruled the undisputed car damage warranted compensati...
- Working beyond office hours? Find out whether the New Labour Code entitles you to overtime payNew Labour Codes, effective November 2025, redefine overtime eligibility and calculation. While standard working hours remain, employees wo...
- NFO Update: Tata AIA Life Insurance launches Multifactor Index FundTata AIA Life Insurance has launched the Tata AIA Multifactor Index Fund, a ULIP-based offering designed to combine equity market participa...
- RBI allows guarantee cover for TReDS financing in fresh directionsThe Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for fina...
- Mamata Banerjee tightens grip over TMC as party files fresh leadership list with ECThe Trinamool Congress is facing an internal revolt, prompting Mamata Banerjee's faction to submit a new list of office bearers to the Elec...
- Your travel insurance claim can be rejected even when you are fully covered; 5 things people get wrong
- Iran rejects Vance's claims of Tehran allowing nuclear inspectors, says interactions with IAEA based on 'safeguards agreements'Iran has refuted US Vice President JD Vance's claims of agreeing to allow international nuclear inspectors, stating engagement with the IAE...
- Health insurance: Overall claims experience needs improvement in India; delays, rejections are big pain points in reimbursement, says surveyPolicybazaar's latest Health Claims Experience Index reveals that while cashless claims are preferred, the overall process needs significan...
- US strike on vessel in Caribbean Sea kills 2, leaves 6 survivorsThe U.S. military conducted another strike on a suspected drug boat in the eastern Pacific, resulting in two deaths and six survivors. This...
- 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...
- Agentic AI adoption drives stronger governance oversight, risk controlsIndia first: Firms prioritise domestic industry guidelines over global frameworks, remain confident on DPDP
- Govt announces key leadership changes in insurance sectorDinesh Pant, managing director at Life Insurance Corporation of India, has been appointed whole-time member (actuary) at IRDAI, while Girij...
- Insurers face margin pressure amid rising competition, costs; rural protection gap persists: ReportIndian insurers are feeling the pinch from fierce price wars and increasing operational expenses. To thrive, they must manage capital wisel...
- Travel claims for non-medical insurance like trip cancellation, delays surpass medical cases: AsegoAs of 2025-26, the focus of travel insurance claims has transformed significantly. A staggering 16,000 claims pertain to non-medical issues...
- Can DigiLocker replace your bank locker? What you need to know about storing important documentsIndians face a choice between traditional bank lockers and the government's DigiLocker for important documents. While DigiLocker offers con...
- SC's ₹30,000 homemaker benchmark may lift accident compensation payoutsA Supreme Court ruling has assigned a notional monthly value of ₹30,000 to unpaid household work. This decision is expected to significantl...
- Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
- Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
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