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INSURANCE COMPANY APPEAL
Truck driver’s family denied claim by United Insurance after he suffered cardiac arrest following meal during trip; court orders Rs 16 lakh compensationThe Uttarakhand High Court has upheld compensation of around Rs 16 lakh, including interest, for the family of truck driver Kamal Singh, wh...- NRI bought life insurance policy in Dubai from a foreign insurer, got maturity proceeds after returning to India, his claim for tax exemption was denied; he won the case in ITAT for this reasonAn Indian resident successfully challenged the tax department's claim of undisclosed foreign income on maturity proceeds from a Dubai life ...
- Strong earnings propel mid- and small-cap stocks to a significant rally on D-StMid and small-cap firms achieved their sharpest revenue growth in sixteen quarters. Aggregate revenue climbed twenty percent, and operating...
- Life insurer denied Rs 1 crore death claim over earlier policy postponement on medical grounds; here's why family wins in state commissionA life insurance claim was rejected due to alleged non-disclosure of a prior proposal. The insurer failed to prove the policyholder knowing...
- Insurer denied claim against workplace accident during lunch break; employee escalated the issue in Delhi HC and won ₹7.86 lakh compensation with 12% interestEmployee denied compensation as he lost his left leg due to accident at workplace during lunch-break; Delhi HC orders insurance company to ...
- No insurance, no fuel? Supreme Court proposes pilot project, extends tenure of third party insurance cover for new vehiclesThe Supreme Court has proposed new measures to address widespread non-compliance with mandatory motor insurance laws. Automatic e-challans ...
- Inside LIC’s Rs 16 lakh crore portfolio: Its biggest stock buys and sells in June quarterLife Insurance Corporation bought shares worth over Rs 16,000 crore in June. Bharti Airtel and Maruti Suzuki saw the largest buying from th...
- Husband refused to take home wife after 4 years in hospital; high court orders him to care for herHusband refused to take wife back home after she suffered an accident making her wheelchair bound; Hospital files case; HC orders him to ta...
- Digital nomad visas: Who should apply, who shouldn't, top countries for IndiansDigital nomad visas now offer professionals a new route for global mobility. These permits allow individuals to live abroad while working r...
- Motor insurance: Consider issuing circular standardising cross-border coverage clauses, SC to IRDAIThe Supreme Court on Monday asked IRDAI to consider issuing a master circular to standardise cross-border coverage clauses in motor insuran...
- India is ready to play in Russia's long game on top of the worldIndia and Russia are enhancing cooperation on the Northern Sea Route project. This Arctic corridor offers India an alternative to the Suez ...
- ICICI Lombard denied health insurance claim, stating the policy was cancelled; policyholder wins the case in consumer court, here’s whyAn insurer's appeal was dismissed by the Delhi State Consumer Commission. ICICI Lombard failed to submit its written statement within the l...
- Aadhaar alone can't determine victim's age in accident claims: Chhattisgarh HCChhattisgarh High Court ruled insurers are not liable before policy issuance. The court found the tribunal wrongly used Aadhaar for age det...
- Hormuz turmoil sends gold lower, disrupts India's tea and basmati exportsGulf hostilities impacting the Strait of Hormuz have disrupted Indian commodity markets. Gold and silver prices have fallen sharply, while ...
- This $1.4-trillion manager owns $400 million superyacht that has glass-bottom pool, helipad and moreStephen Schwarzman received his custom superyacht, Destiny, valued at US$400 million. This massive vessel, built by Feadship, measures over...
- Gujarat to provide Rs 6,800 assistance to all flood-affected families in Surat: Deputy CM Harsh SanghaviGujarat's Deputy Chief Minister announced expedited flood relief measures for Surat city. Financial assistance for household items has reac...
- Demerger may not be tax-neutral if holding company issues shares: Mumbai ITATMumbai ITAT ruled demerger share issuance by holding company invalidates loss carry-forward. A subsidiary receiving business must issue sha...
- Zostel hits Oyo IPO filings; PhonePe’s new CTOZostel asked Sebi to review Oyo’s IPO filings, escalating their dispute over the Zo Rooms acquisition. This and more in today's ETtech Top ...
- Bajaj Allianz rejects car insurance claim saying damage didn't match owner's story: Court orders Rs 20 lakh compensation under the policyBajaj Allianz General Insurance rejected a Punjab man's Rs 20 lakh claim after his BMW was totalled in a road accident involving stray catt...
- Son dies in accident while driving father's car; Delhi High Court says insurance can't be claimed. Here's whyThe Delhi High Court ruled that families of drivers dying in borrowed vehicles cannot claim personal accident cover from the owner's insure...
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