News
Fresh curbs on insurance commissions likely as expense breaches mount in FY25
1+ day, 17+ hour ago (432+ words) Insurance regulators are concerned about rising distribution costs inflating premiums. This follows the removal of product-wise commission caps. Several life and non-life insurers exceeded expense limits in FY25. A committee is reviewing compensation norms amid surging breaches. Discussions are underway on…...
Electric vs. conventional vehicle insurance: What sets them apart?
3+ week, 1+ day ago (448+ words) India's EV adoption is growing, making EV car insurance crucial. Unlike conventional policies, EV insurance covers unique components like batteries and charging systems. Premiums and coverage differ due to specialized parts, repair needs, and add-ons like battery protection, reflecting the…...
Insurance chaos exposed: Why your policy gets dropped without warning
1+ mon, 1+ week ago (601+ words) An insured driver learns his long-standing motor policy won't be renewed despite a minor claim. Experts reveal how insurers rely on broad risk decisions, poor data use, and arbitrary practices, leaving customers helpless....
Is your car insurance coverage adequate for winters and snow storms? What you need to know to stay protected
1+ mon, 1+ week ago (115+ words) Canadian Olympic swimming champion Penny Oleksiak suspended for two years over anti-doping whereabouts failures Who is Colleen Jones? Two-time World champion curler and veteran Canadian broadcaster dies at 65 What exactly is the Canada Pension Plan? New CPP payments rolling out…...
Have unclaimed insurance amount? Here’s how to check and claim your hidden wealth
1+ mon, 2+ week ago (724+ words) Over "25,000 crore remains unclaimed in Indian insurance policies due to forgotten claims or unaware nominees. Tracking and claiming these dormant funds is now easier through insurer websites and the IRDAI's Bima Bharosa portal. It offers simple ways to check for…...
2047 & beyond - Building a nation where every citizen is insured
2+ mon, 4+ week ago (372+ words) As India aims for Viksit Bharat by 2047, financial independence for every citizen is paramount. The IRDAI's 'Insurance for All' vision, supported by government schemes and industry innovations like Bima Trinity, is making insurance accessible and comprehensive. This drive aims to…...
Drivers in this US state hit with $525 insurance fees — money taken straight from wages
3+ mon, 1+ week ago (128+ words) Louisiana drivers experience some of the elevated reinstatement charges in the U.S. following lapses in car insurance, that ranges from from $150 to $525. These fees generate major revenue for the Office of Motor Vehicles (OMV), funding more than 90% of its budget, but…...
Insurers plan performance-linked battery cover as EVs gain traction
3+ mon, 2+ week ago (78+ words) India's next wealth wave: Why tier II cities matter for investors Retail inflows hold the fort, but can markets do without FIIs? GST 2.0: A Diwali gift that offers big relief, but watch out for the firecrackers Stock Radar: Breakout from…...
I had a car accident with minor damages. Should I claim insurance or pay myself?
3+ mon, 2+ week ago (378+ words) I recently had a car accident resulting in minor damages. Should I pay out of pocket or claim insurance'and why? Our panel of experts will answer questions related to any aspect of personal finance If you have a query, mail…...
Progressive Insurance refunds: will Florida drivers really get $200 checks back from record profits?
3+ mon, 2+ week ago (95+ words) PM Modi turns 75, BJP rolls out unique celebrations DHS vows tougher immigration crackdown GCCs at the heart of next gen energy transformation: KPMG report Kash Patel torches Dem Sen over Epstein Files question Bihar police chowkidars and dafadars protest in…...