IRDAI has tightened motor insurance claim-settlement rules, mandating transparency, board-approved policies and faster processing. Complaints have declined, AI-based assessments are being used for ...
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Got 25% lesser payment against car insurance claim for damaged motor parts? Know why and how to avoid it
Your car isn’t just a means of transport—it’s a key tool for productivity for many, in addition to being a valuable asset. Naturally, if your car gets into an accident and sustains serious damage, you ...
The cost of motor insurance claims jumped by almost one quarter in the 12 months to the middle of last year, new figures published by the Central Bank suggest. The bank’s National Claims Information ...
Most claims get stuck not because the accident or illness was unclear, but because the paperwork trail was never built, and ...
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Motor insurance claim for car theft settled after 22 years: Here’s how a car owner won a bizarre legal battle
More than 20 years after Ghaziabad’s Puneet Agrawal’s new Alto car was stolen from Haridwar, the vehicle’s insurer (National Insurance Company) was finally directed by the Ghaziabad District Consumer ...
SINGAPORE – Motor insurance premiums are expected to continue rising as insurers grapple with mounting losses and rising claims, said industry experts. Latest industry statistics from the General ...
Any claim lodged by you that is determined to be a breach of the policy conditions will be declined or rejected. [iStockphoto] The expectation of a motorist insured in Kenya is that whenever they are ...
Motor insurance premiums rose by an average of 9 per cent to €623 last year, more than four times the rate of inflation in the same period, new figures from the Central Bank of Ireland show. The ...
UK insurers have been urged to improve their claim handling skills after the UK’s financial watchdog found “concerning evidence” of poor practice in the motor insurance market. The Financial Conduct ...
The insurance company held that the petitioner, legal heir of deceased vehicle owner, cannot at the same time be the liability holder and recipient of compensation. Motor vehicle insurance protects a ...
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