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Insurance Firm: Insurance firm ordered to pay Rs 15.6 lakh | Hubballi News - Vimarsana News

Insurance Firm: Insurance firm ordered to pay Rs 15.6 lakh | Hubballi News

The District Consumer Grievances Redressal Commission has ordered ICIC Lombard Insurance Company to pay Rs 15.6 lakh as compensation to a woman and her daughter. Prashant Shanbhag, a resident of Sarswatpur in Dharwad, had an insurance policy on his two-wheeler with conditions for compensation in case of his death in an accident. The commission decreed that the claimants were eligible for compensation and ordered the insurance company to pay the claimants Rs 15 lakh along with interest, compensation for inconvenience, and court expenses.

Supreme Court Posts Pleas Regarding Validity OF Consumer Protection Rules On Appointment Of Members Next Week For Disposal - Vimarsana News

Supreme Court Posts Pleas Regarding Validity OF Consumer Protection Rules On Appointment Of Members Next Week For Disposal

The Supreme Court (today on May 21), ordered that it will hear a batch of an appeals against the Supreme Court against the judgment of the Bombay High Court(Nagpur Bench) which struck down Rule 6(1)...

Source: livelaw.in
Suppression Of Material Facts Makes Policy Voidable At Option Of Insurance Company, NCDRC Dismisses Revision Petition Against Bajaj Allianze Life Insurance Co. - Vimarsana News

Suppression Of Material Facts Makes Policy Voidable At Option Of Insurance Company, NCDRC Dismisses Revision Petition Against Bajaj Allianze Life Insurance Co.

The National Consumer Disputes Redressal Commission (NCDRC) bench comprising J. Rajendra (Presiding Member) dismissed a revision petition filed against Bajaj Allianze Life Insurance Co. based on the...

Source: livelaw.in
Karnataka State Commission Remands Matter Back To District Commission Owing To Discrepancies, Suggests Appointment Of Assessor By District Commission For Inspection - Vimarsana News

Karnataka State Commission Remands Matter Back To District Commission Owing To Discrepancies, Suggests Appointment Of Assessor By District Commission For Inspection

The State Consumer Disputes Redressal Commission, Karnataka bench comprising Justice Huluvadi G Ramesh (President), Mr K.B. Sangannanavar (Judicial Member) and Mrs M. Divyashree (Member) remanded a ...

Source: livelaw.in
Inconsistency In Treating Similar Medical Insurance Claims, New Delhi District Commission Holds Max Bupa Health Insurance Co. Liable - Vimarsana News

Inconsistency In Treating Similar Medical Insurance Claims, New Delhi District Commission Holds Max Bupa Health Insurance Co. Liable

The District Consumer Disputes Redressal Commission–X, New Delhi bench comprising Monika Aggarwal Srivastava (President), Dr Rajender Dhar (Member), and Ritu Garodia (Member), found Max Bupa Health...

Source: livelaw.in