Understanding IRDAI Grievance Redressal for Policyholders
Policyholders in India have several ways to raise complaints when an insurer delays, rejects or mishandles a claim. Understand the roles of insurers, IRDAI’s Bi…
Insurance Law: Legal News & Updates
Articles, case updates and legal news tagged "Insurance Law".
8 items found
Insurance Claim Rejected? Here’s What You Can Legally Do
An insurance claim rejection does not always mean the insurer’s decision is legally justified. Understand how to review the rejection, raise a formal grievance …
Rain Derivatives in India: Financial, Insurance, or Climate-Risk Instrument?
India's introduction of exchange-traded rainfall derivatives has sparked an important legal debate: should these instruments be treated as financial derivatives…
Consumer Commission Insurance Claim Order
The Uttarakhand State Consumer Commission directed New India Assurance Company to pay ₹3.53 lakh to Minda Industries Ltd after finding that an insurance claim a…
Sikkim High Court Upholds ₹85 Lakh Compensation for Siblings-in-Law
The Sikkim High Court has upheld a Motor Accident Claims Tribunal award of ₹85.59 lakh to siblings-in-law of a deceased woman, holding that they can claim compe…
Landslide Damage Covered Under Home Insurance; J&K State Commission Orders Reassessment Of Loss
The Jammu & Kashmir State Consumer Disputes Redressal Commission held that landslide-related damage to an insured residential property falls within the scope of…
Insurance Arbitration In India: Judicial Developments, IRDAI Reform And Road Ahead
India's insurance arbitration framework is undergoing a significant transformation following Supreme Court rulings and IRDAI reforms. The regulator has removed …
Warranty & Indemnity Insurance in Business Transactions: Investor Protection or Risk Displacement?
Warranty & Indemnity (W&I) Insurance has emerged as a critical risk management tool in mergers and acquisitions (M&A), enabling buyers and sellers to transfer c…