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Latest Insurance News Today

Identify Fraudulent Claims Insurance Industry

ICICI Lombard Upgrading Fraud Detection To Stem Fraudulent Claims

March 2018

Increasing incidences of fraudulent claims has led ICICI Lombard to strengthen their fraud detection processes

ICICI Lombard Upgrading Fraud Detection To Stem Fraudulent Claims

March 31 2018

Increasing incidences of fraudulent claims has led ICICI Lombard to strengthen their fraud detection processes

February 02 2021

The Government of India has proposed a hike in the limit or cap on Foreign Direct Investment (FDI) in the insurance sector to 74% from the existing 49%. The decision was announced by the Finance Minister of India, Mrs Nirmala Sitharaman, during her budget speech in the parliament on 1st February 2021.

July 30 2019

IRDAI’s mandate to cancel the registration of completely destroyed vehicles is expected to put a check in the cases of fraudulent car registrations.

March 24 2017

Competitive pricing, consistent losses and higher healthcare inflation have pushed insurers to hike premium rates on group health insurance

March 21 2017

These new policies are meant to increase the coverage of mandatory third party vehicle insurance and give more options to the vehicle owner

March 21 2017

Checking your driver’s license while hiring can be the difference between a successful or a rejected claim

March 17 2017

Uninsured vehicles in Telangana will soon be not allowed to undergo fitness tests or any other transactions at the RTA.

March 09 2017

The government has made aadhaar necessary to get crop insurance from the coming Kharif season starting from April 1.

March 06 2017

Higher penetration of health insurance and medical tourism will the driving factor for nearly 14% growth in the healthcare sector.

March 02 2017

Maharashtra government releases highest crop insurance compensation for farmers suffering from last year’s unseasonal rains.

February 28 2017

The low premium insurance schemes launched by the government have increased the insurance penetration in the country, which is likely to exceed 4% in 2017.