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Indian
Lok Adalat settles Rs 25.98 crore of MACT cases
The settlements with regards to the Negotiable Instruments (NI) Act...
LIC keen on entering mediclaim segment, awaiting regulatory clarity: Chairman
M R Kumar,Chairman, LIC Recently, the new Irdai Chairman Debasish...
Universal Sompo General offers discount on health policy to customers wishing organ donation
For policyholders who have subscribed to the plan, the insurer...
Avoid large gatherings while celebrating I-Day in view of Covid cases: Centre to States
A new Omicron sub-variant has been detected in the majority of...
International
WHO says deal with Pfizer to allow poor countries to start vaccinating in February
Tesla claims engineer stole secrets just days into the job
Elon Musk’s electric-car maker has aggressively pursued lawsuits against different former employees and rival companies that it has accused of poaching engineers and stealing proprietary data.
Tesla convinced U.S. District Judge Yvonne Gonzalez Rogers that the menace posed is superior capable that she granted a restraining bid Friday requiring Khatilov to instantly sphere and instrumentality each files, records and emails to the institution and look earlier her, remotely, connected Feb. 4.
Elon Musk targets telecom for next disruption with Starlink internet
Musk’s Space Exploration Technologies Corp. has launched more than 1,000 satellites for its Starlink internet service and is signing up early customers in the US, UK and Canada. SpaceX has told investors that Starlink is angling for a piece of a $1 trillion market made up of in-flight internet, maritime services, demand in China and India — and rural customers such as Brian Rendel.
Pay business insurance claims or face enforcement, UK watchdog says
“Where we see that insurers are not meeting the expectations set out here, we will use the full range of our regulatory tools and powers to ensure they do so,” the FCA’s executive director for consumers and competition Sheldon Mills said in a letter to insurers’ chief executives.
The watchdog brought the test case on behalf of policyholders last June, saying it could affect 370,000 policyholders and 60 insurers, paving the way for an estimated 1.2 billion pounds ($1.6 billion) of claims.
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