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MOTOR INSURERS BUREAU
Traffic violations may soon be linked with motor insurance premiumA committee appointed by insurance regulator IRDAI has recommended that traffic violations be linked with motor premiums to encourage bette...19 Jan, 2021, 07.11 AM IST- Irdai's committee bats for a new non-profit company to minimize insurance lossesThe ten-member committee headed by Irdai member T L Alamelu has recommended the regulator and industry participants to join hands in establ...18 Aug, 2020, 09.45 PM IST
- Driving habits could determine your motor insurance premium: IRDAI proposalA central repository of telematics data can be created where data from various sources flows to create a common pool. The data captured by ...04 Jun, 2020, 01.16 PM IST
- No depreciation for cars up to 3 yrs, sum insured based on on-road price: IRDAI proposalThe Working Group made various recommendations, after which it has been decided to work on the product design and draw up the proposed poli...04 Dec, 2019, 05.20 PM IST
- IRDAI may soon link motor insurance premium with traffic violations; pilot project in DelhiBad drivers may face a double whammy as penalties for traffic violations have already gone up sharply.07 Sep, 2019, 05.20 PM IST
- IRDA to stop fixing 3rd party insurance premium from 2021Transporters have been demanding that the regulator fix the cap for premium and allow insurance firms to offer discounts so that policy buy...04 Dec, 2018, 09.03 AM IST
- Third party car insurance premium may jump 50%IRDA has not proposed increase in 3rd party insurance premium only for a few categories of vehicles such as Maruti Alto, Tata Nano as well ...05 Mar, 2017, 03.10 PM IST
- IRDAI forms panel on seamless transfer of automobile dataIRDAI today said it has constituted a four-member committee to work on developing a revenue-sharing model in relation to motor vehicle data...08 Sep, 2015, 09.37 PM IST
- IRDA draft on hike in premium for 3rd party motor insuranceIRDA floated a draft proposal seeking to raise premium rates for third party motor insurance cover for the fiscal beginning April 1, 2015.10 Mar, 2015, 09.51 PM IST
- Third-party motor cover may pinch, IRDA examines proposal that seeks highest 137% hike for entry-level carsThe revision will hit owners of the entry-level cars - below-1,000CC segment - the most as the rise in TP cover proposed for this category ...13 Feb, 2014, 10.42 AM IST
- Insurance Information Bureau open to new collaborationsIRDA chairman T S Vijayan inaugurated the new premises of Insurance Information Bureau at the Financial District, located in the outskirts ...16 Dec, 2013, 10.32 PM IST
- Private third-party motor cover may cost 39% moreCome April, you will have to shell out significantly higher premium for third-party motor insurance policy.19 Feb, 2013, 06.06 AM IST
- Only 33% of vehicles were insured in FY10: Insurance Information BureauOnly a third of the vehicles in India were insured in 2009-10, according to an information bureau, set up by the regulator.16 Aug, 2011, 01.57 AM IST
- Getting third-party insurance cover against road accidents tedious and time-consumingThe govt is planning to amend the Motor Vehicles Act and doing away with the option of filing claims whenever possible – even after 10-15 y...15 Aug, 2011, 02.22 AM IST
- Insurance databank to weed out fraudsAfter banks, its the turn of the insurance industry to build a customer information database that will check frauds and enable pricing of p...26 Feb, 2010, 03.19 AM IST
- Motor Insurance Bureau to keep tab on uninsured vehiclesThe database will also be shared with local police authorities as well as regional transport authorities so that they can take appropriate ...02 Jan, 2010, 10.47 AM IST
- General insurers to set up Motor Insurance BureauThe General Insurance Council along with general insurers are working on establishing a Motor Insurance Bureau (MIB).01 Jan, 2010, 01.15 AM IST
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