by AIP Online Bureau | Sep 29, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Workplace/Employee Benefits
“The aspirations of the young man were shattered by the accident which left him paraplegic and fighting for breath, which also prompted the parents to relocate to another part of the country. We are of the opinion that even if he had not obtained the certificate as a...
by AIP Online Bureau | Sep 21, 2025 | Data, Non-Life, Risk Management
Judge R V Mohite on Friday directed Reliance General Insurance Co. Ltd and the owner of the car involved in the accident to jointly and severally pay the compensation with 9 per cent interest per annum (from the date of filing of the petition) within one month. Thane:...
by AIP Online Bureau | Sep 2, 2025 | Data, Non-Life
The MSRTC contested the claim, arguing that Pal was riding rashly and attempted to overtake the bus from the left, causing the accident. However, the tribunal found no supporting evidence for this version. Thane: The Motor Accident Claims Tribunal (MACT) in Thane has...
by AIP Online Bureau | Jul 8, 2025 | International News, Non-Life, Reinsurance, Risk Management
On May 25, Liberia-flagged MSC ELSA3 ship travelling from Vizhinjam on India’s southern tip to Kochi had capsized. The incident had resulted in leaking fuel and releasing cargo, some of which contained hazardous material. NEW DELHI: India’s southern state...
by AIP Online Bureau | Jul 3, 2025 | Indian News, Non-Life
A bench of Justices PS Narasimha and R Mahadevan refused to grant 80 lakh compensation sought by the wife, son and parents of a man who died while driving a car at high speed. New Delhi: The Supreme Court has said insurance companies are not liable to pay compensation...