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Holding Reliance General Insurance Company Ltd guilty of violating motor insurance service provider (MISP) guidelines and appointing in-house employees to asses the loss beyond Rs50,000 under motor insurance, the Insurance Regulatory and Development Authority of India (IRDAI) imposed a penalty of Rs2 crore on the insurer.
The National Consumer Disputes Redressal Commission bench comprising Dr Inder Jit Singh (Presiding Member) held that emphasized that when determining whether the appointment of a second or...
The Competition Commission of India (CCI) presided by Ravneet Kaur (Chairperson), Sangeeta Verma (Member), and Bhagwant Singh Bishnoi (Member) closed a complaint against the Insurance Regulatory...
The process would be finished before March-end for operations of motor insurance policies to be digitized by FY25
Nandal Finance and Leasing, the bidder at the centre of the storm, is owned by the promoters of Sharda University, who have had business dealings with the family of a BJP treasurer in Uttar Pradesh.