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...
by AIP Online Bureau | Nov 12, 2022 | Indian News, Non-Life
The settlement was reached between the claimants and Iffco-Tokio Gen. Ins. Co Ltd, the insurer of the car involved in the accident Thane/Palghar; The National Lok Adalat in Maharashtra’s Palghar district on Saturday awarded Rs 70 lakh compensation to the...
by AIP Online Bureau | Aug 21, 2022 | Indian News, Non-Life
At the Lok Adalat, the insurance company, Chola Mandalam General Insurance Co and the claimants reached a settlement for Rs 51,00,000 for the death of the siblings’ father, Rs 8,50,000 for the death of their mother and Rs 4,50,000 for the injuries suffered by...
by AIP Online Bureau | Aug 14, 2022 | Eco/Invest/Demography, Indian News, Non-Life
The settlements with regards to the Negotiable Instruments (NI) Act cases amounted to Rs 88.39 crore, which was the maximum of settlements, followed by other civil matters at Rs 36.48 crore and Motor Accident Claims Tribunal (MACT) cases at Rs 25.98 crore, the...
