News | Other Insurance

Higher compensation proposed for hit and run victims

MAS Team 05 April 2019

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One may have to make a one-time payment of up to Rs500 while buying a new vehicle as the government would need around Rs800 crore annually to pay...

Cars may soon become theftproof as technology has improved

MAS Team 15 March 2019

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It would soon become almost impossible for car thieves to dispose off a stolen car even after dismantling

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

MAS Team 05 December 2018

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

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

MAS Team 10 November 2018

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

Insurance company to treat murder as accidental death, says NCDRC

MAS Team 29 September 2018

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

MAS Team 21 July 2018

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

Digital drive for driving license, RC, insurance papers of motor vehicles

MAS Team 17 July 2018

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Irdai says vehicles without a valid Pollution Under Control (PUC) certificate will not be insured

MAS Team 10 July 2018

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Ten-fold increase in the minimum compensation payable to road accident victims or their kin

MAS Team 14 May 2018

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Fifteen-year-old vehicles to be scrapped soon, says Union Road and Transport Minister Gadkari

MAS Team 17 February 2018

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