The Indian government is considering a fresh capital infusion of up to ₹5,000 crore into three struggling state-owned general insurers to shore up solvency and enable future reforms like consolidation or sale. Read the full analysis.
The Lok Sabha has passed a crucial bill to increase the foreign direct investment limit in the insurance sector to 100%. This move aims to boost capital inflow and enhance insurance penetration in India. Read more for details and analysis.
PB Partners, a leading PoSP insurance advisor, has inaugurated a new Experience Center in Delhi's Rajendra Place. The center aims to simplify insurance and provide expert guidance to customers.
Finance Minister Nirmala Sitharaman tables bill to raise FDI in insurance to 100%, sparking protests. Get the latest updates on the parliamentary debate.
The Indian government introduces a landmark bill to allow 100% foreign direct investment in the insurance sector. Learn about the Sabka Bima Sabki Raksha Act and its potential impact.
The new insurance bill aims for 100% FDI, easier access, and universal protection by 2047. Discover how it changes rules for LIC, IRDA, and policyholders.
Finance Minister Nirmala Sitharaman introduces Insurance Laws Bill, 2025, aiming for 100% FDI, enhanced policyholder protection, and 'Insurance for All by 2047'. Read the key amendments.
The Sabka Bima Sabki Raksha Bill 2025 aims to transform India's insurance sector with 100% FDI, niche licences, and a shift to regulation-driven oversight. Read the key changes.
A district finance head in Latur allegedly murdered a drunk man, burning him alive in a car to fake his own death and claim a Rs 1 crore insurance payout to clear Rs 97 lakh debt. Police cracked the case in 24 hours.
Essential guide for NRIs on term insurance in India. Learn about coverage, tax benefits under Section 80C & 10(10D), and crucial policy guidelines for financial security.
Galaxy Health Insurance announces its foray into travel insurance. MD & CEO G. Srinivasan reveals a ₹400 crore Gross Written Premium target by FY27 and launches a new integrated health product.
A debt-ridden Latur resident arrested for murdering a drunk man to stage his own death and claim ₹1 crore insurance. Police unravel the chilling plot.
Karnataka RERA directs builders to insure common areas, ruling they cannot leave residents to foot disaster repair bills. A recent fire case highlights the mandate.
Ernakulam consumer court rules denying claim for road accident treatment as unfair practice. Insurer ordered to refund Rs 94,276 with interest & compensation. Details inside.
Uttar Pradesh STF uncovers a major interstate loan fraud syndicate using forged documents & shell companies, arresting 8 including the mastermind. Details inside.
A 50-year-old man from Sambhal was arrested for allegedly hiring contract killers to murder his son to claim a ₹2 crore insurance payout. The chilling plot was orchestrated by an advocate, police revealed.
India's life insurers are boosting trust with faster, digitized claim settlements. Explore the drivers, regulatory changes, and persistent challenges like nomination gaps. Learn what truly counts in life insurance.
Goa govt approves major overhaul of Kera Suraksha Insurance Scheme, making Rs 7 lakh coverage free for all coconut workers from 2025-26. Details inside.
A new report reveals India's health insurance shift towards real-time use policies. Maternity cover adoption soars 150-180%, OPD sees 40% utilisation. Discover the new trends.
IndiaFirst Life Insurance enters a strategic corporate agency partnership with Dombivli Nagari Sahakari Bank to offer tailored insurance solutions to the bank's customers in Maharashtra.
A new report reveals compact cars and SUVs account for three-fourths of motor insurance claims in India, while electric vehicles are the most expensive to repair. Discover the data shaping insurance premiums.
A new report reveals compact cars and SUVs dominate 75% of motor insurance claims in India, while EVs are the most expensive to repair. Discover key city-wise trends and insights.
Ghaziabad consumer commission orders Star Health to pay Rs 50k claim, rules treatment method is for doctors, not insurers, to decide. Read the full verdict details.
Noida's District Consumer Commission orders Reliance General Insurance to pay a policyholder's Rs 51,462 claim with interest, ruling that claims cannot be rejected on mere suspicion. Learn about the landmark decision.
Shivamogga farmers are outraged over paltry compensation for rain-damaged crops, blaming faulty rain gauges and flawed data. MP vows to raise the issue in Parliament. Read more.
Dakshina Kannada MP Capt Brijesh Chowta intervenes to expedite delayed Weather-Based Crop Insurance Scheme (WBCIS) payments for thousands of eligible farmers. Read about the directive and the reasons behind the hold-up.
OICL announces 300 Administrative Officer vacancies for 2025. Revised registration from Dec 3-18. Check eligibility, salary up to ₹96,765, and apply now!
A tragic accident in Solapur claimed five lives as an SUV collided with a truck. The newlywed couple survived. Read the full details of the heartbreaking incident.
Surat consumer court orders New India Assurance to pay a Rs 67,115 medical claim plus compensation, overturning rejection based on patient leaving hospital briefly for a bath. Details inside.
A Rajkot woman's insurance claim for knee surgery was rejected as 'experimental.' After 23 years of premiums, the consumer court ruled in her favour. Read the full story.