by AIP Online Bureau | Jul 13, 2025 | Indian News, Non-Life, Reinsurance
The incident has triggered retail claims under various insurance categories like travel, personal accident, and life insurance, including those from Kisan Credit Card holders. Personal accident claims have emerged as a significant category, second only to life...
by AIP Online Bureau | May 6, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Risk Management
“Any person being a victim of a road accident arising out of the use of a motor vehicle, occurring on any road, shall be entitled to cashless treatment in accordance with the provisions of this scheme,” the notification said. NEW DELHI: Complying with the...
by AIP Online Bureau | Apr 8, 2025 | International News, Risk Management
Boeing agreed in July to plead guilty to a criminal fraud conspiracy charge and pay a fine of up to $487.2 million. A judge set a June 23 trial date if no final agreement is reached. U.S. plane maker Boeing Co reached settlements with the families of two people who...
by AIP Online Bureau | Jan 8, 2025 | Health, Indian News, Non-Life, Policy, Reinsurance
“We direct the Central government to make a scheme in terms of sub-section (2) of Section 162 of the MV Act as expeditiously as possible and, in any event, by March 14, 2025. No further time shall be granted, it ordered. said the Supreme Court NEW DELHI: In a...
by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Technology
“The broad contours of the pilot programme are — victims entitled to cashless treatment up to a maximum of Rs 1.5 lakh per accident per person for a maximum period of 7 days from date of the accident,” Nitin Gadkari said while addressing a press...
