'Tyre Burst Human Negligence, Not Act Of God...' Says HC Rejecting Insurance Firm's Plea Against Compensation
The tribunal in its order had noted the victim was the sole bread-earner of his family. The insurance company in its appeal said the compensation amount was exorbitant and excessive and that the tyre burst was an act of God and not negligence on the part of the driver.
Mar 12, 2023, 11:21 AM IST
Want to take loan at a low-interest rate? Here's HOW to take from your insurance company
Looking for an institution to borrow a loan on a low-interest rate? Find out how to obtain a loan with minimal risk and low-interest rates by continue reading.
Sep 02, 2022, 10:00 AM IST
No evidence to prove lung cancer caused by smoking addiction, says court; asks insurer to pay claim
The court said there was no evidence to prove that the patient suffered from lung cancer due to his addiction to smoking, apart from the mention of "addiction smoking" on the treatment papers.
Oct 02, 2021, 15:31 PM IST
'Baahubali 2' gets a Rs 200-crore Future Generali cover
Future Generali Insurance Company on Thursday insured the Telugu movie 'Baahubali 2' for over Rs 200 crore under its film package insurance product.
May 04, 2017, 19:02 PM IST
Max Life, HDFC Life merger to be completed in 12 months
With Max Financial Services getting merger approval from minority shareholders, the amalgamation of Max Life and HDFC Life is likely to be completed in the next 12 months.
Sep 29, 2016, 17:55 PM IST
Employee killed on duty can get compensation, rules court
If an employee is murdered while performing his duty, he is eligible for compensation under the Employees Compensation Act, a Thane court has held.
Dec 08, 2015, 12:06 PM IST
Kotak Mahindra Gen Insurance gets IRDAI nod to commence biz
Kotak General Insurance has received permission to underwrite all classes of general insurance business (including health insurance).
Nov 20, 2015, 19:50 PM IST
'Public sector insurance firms defeating govt's objectives'
The apex consumer commission has imposed a punitive cost of Rs 10 lakh on a public sector insurance company for wrongly denying claims of several people, saying such firms "are always at their best in defeating noble objectives of any welfare scheme".
May 17, 2015, 09:22 AM IST
Standard Life says sells Canadian assets for £2.2bn
British financial services provider Standard Life has agreed to sell its Canadian activities to Manulife of Canada for £2.2 billion ($3.6 billion, 2.8 billion euros), it said on Thursday.
Sep 04, 2014, 12:26 PM IST
Keenly watching developments over Insurance Bill: Metlife
The Insurance Amendment Bill is pending passage in Parliament as several opposition parties, including Congress, are opposing the Bill in its present form.
Aug 07, 2014, 16:48 PM IST
Maxlife Insurance launches new customer centric initiative
The share of life insurance as part of personal finance portfolio is declining and its penetration has also been adversely affected.
Jun 30, 2014, 15:06 PM IST
