by AIP Online Bureau | Dec 11, 2024 | Eco/Invest/Demography, Indian News, Non-Life
The apex court enhanced the compensation amount under the heads of loss of income or earning capacity, pain and suffering, loss of marriage prospects, attendant charges and future medical treatment. The bench, enhanced the compensation to Rs 50.87 lakh and directed...
by AIP Online Bureau | Nov 19, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
Thousands of Facebook users in Germany are demanding compensation from parent company Meta for insufficient protection of their data after unknown third parties were able to access user accounts by guessing phone numbers A German court said on Monday that Facebook...
by AIP Online Bureau | Oct 26, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy
The top court was hearing an appeal filed by kin of a man who died in a road accident in 2015.When it came to determining the age, the top court accepted the contention of the claimant-appellants before it and upheld the judgment of the Motor Accident Claims Tribunal...
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...
by AIP Online Bureau | Sep 28, 2024 | Indian News, Non-Life, Reinsurance
Pankaj Ramesh Shedge, who was a senior employee of an IT company located at Irvine in California of the USA, earned an annual salary of USD 110,000. On December 9, 2022, when he was going on his scooter on Panvel-Mumbra Road, he was hit by a truck, which ultimately...
