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Acknowledging the hardship and mental agony of a pilot to fly the aircraft 50 times during the period of no insurance coverage caused due to an action by the State Bank of India (SBI) to return the cheque for insurance premium, the national consumer disputes redressal commission (NCDRC) directed SBI to pay an enhanced compensation of Rs15 lakh and Rs50,000 litigation cost to a pilot. ....
Zurich Insurance to buy 51% stake in Kotak Mahindra General Insurance business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Zurich Insurance Company has agreed to acquire a 51% stake in Kotak General Insurance Company Ltd for Rs 4,051 crore ($486.8 million), marking the single-largest .. ....
While setting aside orders passed by the fora below, the national consumer disputes redressal commission (NCDRC) clarified that the owner of a vehicle insured but not registered as per the Motor Vehicles Act and rules cannot file an insurance claim. ....