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News
Joint liability ruling puts India's bancassurance distribution under scrutiny
4+ day, 12+ hour ago (805+ words) A consumer commission in Telangana has ordered a bank and insurer to jointly refund Rs 10 lakh to a 73-year-old retired associate professor, ruling that the policy was issued without her free will or informed consent. The August 27 ruling by the…...
Demand up for unit-linked policies
1+ week, 2+ day ago (382+ words) PUBLISHED: 5 Sep 2026 at 05:35.dias ehs,ytilibixelf tnemtsevni retaerg dna egarevoc efil rehgih reffo taht seicilop rof dnamed gnivird osla si gninnalp ycagel no sucof gniworg A.htlaew refsnart dna dliub ot gnikees stneilc yhtlaew dna srotsevni regnuoy ot tnaveler erom era…...
From LIC At 70 To 100: CEO Doraiswamy’s Big Promise To Policyholders & Shareholders
1+ week, 2+ day ago (120+ words) businesstoday.in As LIC completes 70 years, the insurer is looking ahead to its centenary and beyond In an exclusive conversation with Business Today Group Editor Siddharth Zarabi, LIC CEO & MD R Doraiswamy shares his long-term vision for the countryâs…...
Insurance sector records 665,000 complaints, travel bucking the trend
2+ week, 4+ day ago (490+ words) Insurance Business Insurance sector records 665,000 complaints, travel bucking the trend Motor volumes fell 7.8% in H2 2025 but travel rose 19%, as the FCA revised its figures following a reporting error Insurance and pure protection was the second most-complained-about financial services sector in the…...
AIICO moves to court to defend reputation, integrity amid allegations
3+ week, 14+ hour ago (413+ words) AIICO Insurance Plc has moved to protect its corporate reputation and business integrity after what it described as a sustained campaign of false and misleading allegations by a former agent, Obinna Adolphus Nwosu. The insurer said Nwosu, whose agency appointment…...
AIICO Insurance refutes allegations, reaffirms due process commitment
3+ week, 6+ hour ago (333+ words) AIICO Insurance Plc has raised concerns over what it described as a sustained campaign of “misleading allegations” allegedly being circulated by a former agent of the company, Obinna Adolphus Nwosu. The insurer said the allegations had been directed at several…...
Bombay High Court Allows Kataria Insurance Brokers To Retain Name, Bars Gems Jewellery Insurance
3+ week, 3+ day ago (435+ words) The Bombay High Court on 19 August allowed Kataria Insurance Brokers Pvt. Ltd. to continue using its corporate name “KATARIA INSURANCE”, while restraining it from providing insurance services relating to the gems and jewellery sector, in a trademark dispute involving insurance…...
Bombay High Court Allows Kataria Insurance Brokers to Retain Corporate Name; Holds Section 35 Protects Bona Fide Family-Name Use, Restricts Jewellery Insurance Activities Pending Trial — Raw Law
3+ week, 3+ day ago (1603+ words) Bombay High Court Varies KATARIA Trademark Injunction After Supreme Court Remand; Finds Own-Surname Defence Requires Trial and Rejects Complete Interim Prohibition The dispute arose in Commercial IP Suit No. 215 of 2021, filed by Bhavesh Suresh Kataria against Kataria Insurance Brokers Pvt....
Inside Marsh's AI build: one million prompts a week, and agents
3+ week, 4+ day ago (288+ words) Marsh has scaled that idea into what it calls a coverage intelligence platform, and more than 3,000 colleagues now query a structured repository of claims data to judge how carriers perform and to steer placement. Asked where that data heads next,…...
Karnataka to set up state motor insurance corporation to cut costs, simplify claims
4+ week, 1+ day ago (242+ words) Announcing the move in his Independence Day address, Chief Minister DK Shivakumar said: “The rising cost of motor vehicle insurance and the difficulty of obtaining insurance claims in the event of an accident have become a major challenge for ordinary…...