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NATURAL DISASTER LIABILITY
Man loves neighbour's tree shade, parks his car under it for years. Storm hits and then demands Rs 72,000 from neighbour for car damage. Should he pay?A neighborhood dispute over a fallen tree and a Rs 72,000 compensation demand has gone viral. A man claims his neighbor, who regularly park...
2025 landslide in Shimla Act of God, NHAI tells NGT, rejects compensation claimThe National Highways Authority of India has told the National Green Tribunal that it is not liable for compensation for agricultural land ...
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
How much do 2026 tax penalties cost if you file late? IRS interest rates and monthly fees explainedMissing the April 15 deadline in 2026 can cost you up to 25% in penalties alone. The 2026 tax penalties cost late filing starts at 5% per m...
Tax deadline 2026: Are you ready for April 15? When to file, how to extend, and what happens if you miss itTax deadlines 2026 are here. April 15 is final. Missing it can cost up to 25% in penalties. Millions must file before Tax Day 2026 or reque...
Why a tailored insurance strategy is important for MSME to tackle risks and growSmall businesses face a host of challenges such as supply chain disruptions and cyber security risks. This makes it necessary for them to h...
India needs insurance pool to cover natural disasters: SBI ResearchIndia is a hugely under-insured country and the insurance sector and governments need to actively engage and discuss how best to address th...
India moots global pool of health professionals for pandemics and disastersThese internationally recognised professionals may be granted special mobility rights or exemptions from general movement restrictions so t...
How and when the force majeure clause can protect financial contractsThe force majeure clause includes the phrase ‘act of god’ to mean situations that are uncontrolled by human intervention and could not have...
Natural disasters & terrorism drive sales of travel insuranceEven though 90% of people are aware about it, only 20% opt for travel insurance when they hit the road, industry sources said.
Natural disasters are beyond your control, better be insuredDisasters like the one in Jammu & Kashmir lead to tremendous loss of lives, leaving the bread earner's dependants financially vulnerable.
IIM study to help fight Madhya Pradesh like stampedeOn the basis of the report, NDMA to set guidelines for disaster management and share them with all states.
- Reinsurance rates up, GIC reduces exposure
Indian companies will have to pay more for renewing their insurance policies as reinsurance companies have raised premium rates by up to 15...
- Troubled TEPCO requests 1 trillion yen public fund injection
TEPCO requested the injection of 1 trillion yen in public funds as it teeters under the weight of the Fukushima Daiichi nuclear power plant...
- Reinsurers to set cap on liability claim for disasters
Stung by mammoth claims from natural calamities, reinsurers are imposing a limit on the maximum liability that non-life insurers can claim ...
Rise in global reinsurance rates likely to pinch Indian insurers, may lead to increase in premium ratesGlobal reinsurance companies, hit by natural calamities will charge 15-20% higher for policies that come up for renewal on January 1.
- Bhopal gas tragedy: Dow's double standards exposed
While Dow denies any responsibility for damages in Bhopal, it has taken over liability of Carbide for fighting over 75,000 asbestos-related...
Industrial disasters: Who’s liable? Courts take a wide viewIn all industrial disasters, investigating authorities have considered it vital to determine whether the officials involved in the company ...
US lawmakers to grill BP exec, others, over oil spillTop execs from firms tied to the massive Gulf of Mexico oil spill will face a grilling next week by US lawmakers.
- N-plant cos to face heat for mishaps
India — expected to sign the civil nuclear deal with the US this week — has started working on laws which will enable investments and lay d...