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Kin of accident victim get Rs 41 lakh compensation MACT overrules cheque dishonoured argument

by AIP Online Bureau | May 18, 2025 | Indian News, Non-Life

The insurance firm claimed the policy on the offending vehicle had been cancelled due to a cheque given by its owner getting dishonoured. However, citing a Supreme Court judgement, the MACT said “cancellation of insurance policy due to cheque through which...

Thane Lok Adalat awards Rs 2.2 cr compensation to kin of man killed in accident

by AIP Online Bureau | May 10, 2025 | Indian News, Non-Life

As per the case details, Pradip Nagtilak (44) was riding pillion on his friend’s motorcycle in Dombivli when it skidded, and both men sustained injuries and were rushed to a hospital, where he died within hours. This is one of the highest settlements in the...
ACKO’s 2024 Accident Index:78% of all road accidents in India occur in metro cities

ACKO’s 2024 Accident Index:78% of all road accidents in India occur in metro cities

by AIP Online Bureau | Dec 2, 2024 | Data, Non-Life, Risk Management

Most Accident-Prone Cars Hyundai i10 topped the list as the car involved in the highest number of accidents, followed by the Maruti Suzuki Swift and Maruti Suzuki Baleno. Hyundai i20 and Maruti Suzuki Dzire ranked fourth and fifth, respectively Mumbai: Metro cities...

Allahabad HC grants over Rs 23 lakh as enhanced compensation to accident victim

by AIP Online Bureau | Oct 10, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

“The Claims Tribunal had also failed to consider that on account of 100 per cent disability, the marriage prospects of claimant-appellant were substantially damaged and the claimant-appellant is subjected to frustration, disappointment, discomfort and...
Mukesh Ambani owns same Boeing jet that was in Alaska Air accident

Mukesh Ambani owns same Boeing jet that was in Alaska Air accident

by AIP Online Bureau | Jan 8, 2024 | Indian News, Non-Life

Reliance has several other jets in its corporate fleet, including two Embraer SA ERJ 145 aircraft and one Airbus SE A319. It also has two helicopters, a Dauphin and a Sikorsky, in its company hangar, according to media reports. India’s Directorate General of Civil...
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