IRDAI proposes to stop fixing third party insurance premium in two years’ time

The Insurance Regulatory and Development Authority (IRDA) has indicated that it would disband the practice of annual fixing of premium for third...

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Insurance companies cannot be held liable to pay compensation to those who travel in goods carriers, says Madras High Court

The bench gave the ruling while passing orders on a batch of appeals from Bharati AXA General Insurance Company Limited in Bengaluru

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SC rules that third party insurance is mandatory for four-wheelers and two-wheelers

The Supreme Court said third party insurance of four-wheelers and two-wheelers be made mandatory so that victims of road accidents could get...

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