In what could be a blow to the general insurance companies, the Delhi High Court has ruled that they should deposit the claim amount of a motor accident with the Motor Accident Claim Tribunal even as it is hearing the dispute.

If your name happens to be Abdur Razzaq or a Mohammad Selim, you may have a harrowing time buying an insurance policy. IRDA has issued a fresh circular to insurance companies to refrain from selling policies to individuals whose name resemble terrorists.

Does a comprehensive motor insurance policy cover the towing charges following the vehicle’s breakdown?
If the breakdown is due to normal wear and tear, the towing charges will not qualify for indemnification under the motor policy.

The Reserve Bank of India (RBI) has asked banks to disclose all commissions and other fees that they receive from insurance companies, mutual fund houses and other financial companies for marketing or referring their products.

To counter rising frauds in health insurance, insurance companies are considering use of biometric cards for identification of insured members.

Existing comprehensive health insurance policies will also cover hospitalisation expenses of patients affected by swine flu

With the swine flu scare spreading rapidly with more deaths reported in the country, the private healthcare sector has expressed its willingness to lend a helping hand to deal with the situation.

With home insurance not picking up as expected, insurance companies are innovating and offering discounts.

Outperforming the state-run insurers, ICICI Lombard is ranked first in customer satisfaction index of auto insurance business in the country, a study said today.

If you plan to buy a car, you don’t have to necessarily pick up motor insurance from the dealer. You could approach insurance companies directly