IRDAI has tightened motor insurance claim-settlement rules, mandating transparency, board-approved policies and faster processing. Complaints have declined, AI-based assessments are being used for ...

The insurance company held that the petitioner, legal heir of deceased vehicle owner, cannot at the same time be the liability holder and recipient of compensation. Motor vehicle insurance protects a ...

The cost of motor insurance claims jumped by almost one quarter in the 12 months to the middle of last year, new figures published by the Central Bank suggest. The bank’s National Claims Information ...

“Third-party motor insurance provides financial protection for injuries or death caused to another person, damage to someone ...

What third-party motor insurance covers, why it is compulsory, and how much vehicle owners actually pay annually.