by Team Small News | May 19, 2025 | Care, Insurance, United India Insurance
A 34-year-old man, Abhijit Pujare, from Nalasopara, has been awarded a compensation of approximately Rs 1 crore, including interest, by the Motor Accident Claims Tribunal. The amount will be paid jointly by the owner of the bus, M/s RN Cabs Pvt Ltd, and the insurance...
by Team Small News | May 14, 2025 | Insurance, United India Insurance
The Financial Services Institutions Bureau (FSIB) has recommended Sanjay Joshi, a seasoned officer from the 1989 batch, for the post of Chairman-cum-Managing Director (CMD) of the Oriental Insurance Company Limited (OICL). This decision comes after the retirement of...
by Team Small News | May 12, 2025 | Insurance, United India Insurance
The Delhi State Commission, led by Justice Sangita Dhingra Sehgal, has ruled that bariatric surgery for chronic diseases is a life-saving procedure and cannot be excluded from standard policy terms. The case involved a group medical insurance policy provided by the...
by Team Small News | May 11, 2025 | Insurance, United India Insurance
The Kerala State Human Rights Commission has intervened in a decade-long case of a missing fisherman, directing an insurance company to decide on the claim filed by his family within two months. Biju, a fisherman from Pallithura, went missing on November 16, 2014,...
by Team Small News | May 11, 2025 | Insurance, United India Insurance
The Indian government is set to review the financial and operational performance of three state-run general insurers: Oriental Insurance, National Insurance, and United India Insurance. The review aims to determine the need for capital infusion to strengthen the...
by Team Small News | May 11, 2025 | Aditya Birla, Bajaj Allianz Life Insurance, Care, HDFC ERGO, ICICI Lombard, Insurance, New India Assurance, Star Health and Allied Insurance, United India Insurance
The Insurance Regulatory and Development Authority (IRDAI) has released its handbook on Indian Insurance Statistics for 2023-24, which provides insights into the claim settlement ratios of various insurance companies in India. The claim settlement ratio helps...