Non-life insurers told to work closely with states, build trust"Today, 55% of vehicles on the road across categories including two-wheelers are uninsured," said Deepak Sood, a member of the Non-life Ins...
15 Nov, 2025, 01.01 AM IST
Uninsured cars may soon face a huge hike in penaltyIn a bid to enhance road safety, the Ministry of Road Transport is proposing significant amendments to the Motor Vehicles Act. The Centre p...
03 Aug, 2025, 02.40 PM IST
Half of India’s vehicles still uninsured, says New India Assurance chiefDespite data availability, nearly half of India's vehicles are uninsured, posing risks, according to New India Assurance CMD Girija Subrama...
21 May, 2025, 03.15 PM IST
Refuse fuel to uninsured vehicles, suggest insurersThe proposal was part of the presentation made during 'Bima Manthan', organised by insurance regulator, the Insurance Regulatory and Develo...
10 Mar, 2023, 12.20 AM IST
Implement law on compensation to accident victims : Delhi HC to CentreThe court's order was passed on a petition by the legal heirs of a deceased accident victim, who sought compensation for themselves as well...
22 Jan, 2023, 12.02 PM IST
Around 57% of vehicles in India uninsuredWeak enforcement by traffic police in states, lack of follow-up by insurers and rising cost of third-party covers has resulted in a larger ...
10 Dec, 2020, 01.16 PM IST
Stiff fines drive third-party motor insurance businessInsurers said that the stricter enforcement of penalties by the police has led to this massive surge in customers buying mandatory third-pa...
21 Oct, 2019, 10.41 AM IST
Demand for motor cover spikes on penalty fearsThe cost of insurance is less than penalties under the new Motor Vehicles Act.
25 Sep, 2019, 08.38 AM IST
These new Motor Vehicle Act laws hike driving penalties from Sept 1Here is the list of the important new motor vehicle laws that are coming into effect from September 1.
16 Sep, 2019, 11.10 AM IST
Uninsured vehicle owners should pay accident-compensation else vehicle to be auctioned: SCThe new provision states that the vehicle will be seized by the local government, if the vehicle owner fails to compensate for the loss.
21 Sep, 2018, 09.56 AM IST
Should government compensate accident victims if rogue vehicle uninsured? SC to decide caseFinding attorney general K K Venugopal present in court, the bench sought his assistance in adjudicating the question of law and asked Gaut...
22 Feb, 2018, 11.03 AM IST
3-year third-party insurance premium at car registration?A parliamentary standing committee had recommended to the government to consider a framework to make third-party insurance a one-time affai...
22 Mar, 2017, 10.52 AM IST
Drunk driving may lead to fine of Rs 10,000At present, the fine is up to Rs 2,000 or jail up to six months for first drunk driving offence and the new provision proposes Rs 10,000 fi...
24 Jun, 2015, 10.21 AM IST
Up to 35 per cent cars on roads without insuranceWith advancement in printing technology, it is possible for fraudsters to replicate policies of existing companies, helping them get throug...
02 Jan, 2013, 11.19 AM IST
- Motor Insurance Bureau to keep tab on uninsured vehicles
The 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 Bureau
The General Insurance Council along with general insurers are working on establishing a Motor Insurance Bureau (MIB).
01 Jan, 2010, 01.15 AM IST
- An SMS could end your vehicle's insurance-free ride
IRDA is deploying technology which will enable a simple SMS query to ascertain whether a vehicle is insured or not.
22 Sep, 2009, 02.07 AM IST