The Centre has planned major amendments to the Insurance Ombudsman Rules, 2017, including changing the name ombudsman to 'Insurance Ombudsman'. Insurers may have to pay up to Rs 20 lakh in ...

The Karnataka High Court's recent ruling in insurance disputes asserts that complainants have the right to legal ...

A Karnataka High Court ruling allowing legal representation before the insurance ombudsman has reignited debate over whether ...

https://www.thehindubusinessline.com/money-and-banking/insurance-company-or-broker-may-need-to-pay-penalty-compensation-for-mental-harassment-to-policy-holder ...

After years of rising insurance complaints, delayed claim settlements, and growing anger over rejected payouts, the regulator has finally put a tighter grievance framework on the table. The Insurance ...

Insurers and intermediaries are currently in discussions with the Insurance Regulatory and Development Authority of India (IRDAI) on issues such as staffing, infrastructure expansion, and disposal ...

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The menace of high health insurance claim rejections has been making headlines since November, when the Insurance Brokers’ Association of India (IBAI) released the claim settlement track record of all ...

A rejection does not always mean the claim is invalid. The first step is to review the policy document carefully and check the list of covered critical illnesses. In many policies, bacterial ...