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MANDATORY MOTOR INSURANCE
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 ...- SC proposes no fuel for uninsured vehicles, seeks tech-driven road safety overhaulThe Supreme Court has directed the Centre to design a pilot project denying fuel to uninsured vehicles. This initiative aims to improve roa...
- The company is losing money. So why is the boss still taking crores?Companies pay money to the people who run them, and these are often the same people who influence how much they should get. Does this numbe...
- Go Digit net profit dips 38% in Q1, premium falls 8.4%Gross written premium during the quarter also fell 8.4% year-on-year to Rs 2,731 crore. “In a soft market we would rather protect the quali...
- Maharashtra Motor Vehicle Aggregator Rules 2026 notified: From surge pricing to private carpooling to Rs 1 crore penalty, what changes for Ola, Uber, Rapido usersMaharashtra has notified new rules for app-based transport services, bringing aggregators under a uniform framework. These regulations mand...
- Input tax credit relief for companies on staff cars, insurance likelyCompanies may soon claim input tax credit on employee vehicles. Group health and life insurance policies for staff are also included. The G...
- Steering wheel malfunction in new car leads to accident during family trip; owner fights and wins Rs 18.23 lakh refund, Rs 4 lakh compensation in consumer forumA car buyer has won a significant victory after a nearly three-year legal battle. His seven-month-old MG CVT automatic car experienced Elec...
- 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...
- Claim settlement and grievance redressal related performance will determine the incentives of top executives of insurance companies: IRDAIn a significant policyholder-centric move, IRDAI has linked insurance executive pay to customer-centric metrics like claim settlement and ...
- New PAN norms 2026: Where quoting is relaxed and where it’s now mandatoryNew Income Tax Rules, 2026 have relaxed PAN quoting for several transactions, including cash deposits and debit card applications. However,...
- IRDAI organises hackathon, invites innovative solutions for insurance sector"The hackathon invites participants to identify and develop solutions that have the potential to make the insurance available to every indi...
- Comprehensive insurance cover may make new vehicles costlier by up to 10%As per a Madras HC landmark judgement, vehicle owners now have to purchase mandatory ‘bumper to bumper’ cover, which means that along with ...
- Now, government will fix third-party insurance premiaThe transport ministry will soon notify the rules specifying how it will fix the premium amount for each category of vehicle.
- Irdai makes long-term 3rd-party insurance must; car, bike purchase to cost more from Sep 1The three-year third-party insurance will cost Rs 5,286 for cars with engine capacity of less than 1,000 cc, Rs 9,534 (1,000 - 1,500 cc) an...
- Non-life insurers to seek more time from SC for changes in motor cover normsNon-life insurers to petition the Supreme Court even as Irda says it needs time to clear products of all general insurers.
- Third party motor business now mandatory for general insurersThe Insurance Regulatory Development Authority (IRDA) is likely to come up with its operational guidelines on the subject shortly.
- Pay 20 per cent more for third-party insurance for your vehicleThe increase is around 20% for small cars and 10% for two-wheelers and vehicles carrying goods. The positive news for car owners is that th...
- Essential changes to be made in motor insuranceThe Finance Ministry is considering to make it mandatory for all private general insurance companies to provide third party motor insurance...
- IRDA to consult govt on motor insurance tariffThe Insurance Regulatory and Development Authority is likely to consult the government on free pricing of motor third-party insurance in vi...
- Motor insu panel to submit report on WednesdayMUMBAI: The panel constituted to look into revising motor insurance premium rates will submit its report to the Tariff Advisory Committee o...
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