insurance claims

Google Announces $15 Billion AI Hub in Visakhapatnam, Its Largest Investment Outside the US

The AI tracker: From classrooms to culture, insurance to entertainment, this is where artificial intelligence is making news

AI’s integration is rapidly diversifying, ranging from a low-cost humanoid robot developed by a teacher in Jhansi to Google’s integration…

September 27, 2025 18:35 IST

Tata AIG Suspends Cashless Facility at Max Hospitals Amid Tariff War.

Tata AIG suspends cashless claims for Max Hospitals

Tata AIG General Insurance has suspended its cashless claim settlement facility at Max Healthcare hospitals nationwide, citing the hospital’s refusal…

September 27, 2025 07:36 IST

Life insurers, SBI Life, ICICI Prudential, HDFC Life, money, ULIPs

Life insurers bet big on non-ULIP products

Life insurers like SBI Life, ICICI Prudential, and HDFC Life are shifting focus from ULIPs to high-margin traditional products amid…

July 29, 2025 06:09 IST

5 common reasons why term insurance claims get denied

Term insurance offers a vital financial safety net for your loved ones. But what happens if the claim gets rejected…

July 14, 2025 17:33 IST

health insurance, IRDAI, show-cause notice, health insurance claims, master circular, compliance

IRDAI flags lapses in health insurance claims, issues show-cause notices, says Report – Here are 8 insurers under scrutiny

The IRDAI has initiated the process to issue show-cause notices to eight insurance companies due to irregularities detected in their…

July 11, 2025 14:41 IST

India Leads Global AI Adoption in Financial Services, Focus on Strategic Growth and Robust Governance. (Image Source: Freepik)

AI road map for financial services

A structured approach is important to make AI adoption in BFSI deeper and wider.

July 10, 2025 23:16 IST

Insurance premium seems expensive? Smart ways to reduce expenses without losing cover

Can’t afford your insurance premiums anymore? On Insurance Awareness Day, top industry experts share real-life examples and actionable strategies—like top-ups,…

June 28, 2025 14:41 IST

Insurance Awareness Day: 1 hospital bill can ruin 61% of urban families in India – Hidden insurance crisis

A new BajajCapital report released on Insurance Awareness Day reveals that 61% of insured urban Indian households could face financial…

June 28, 2025 12:46 IST

Industry experts warn of a substantial spike in freight costs. (Image Source: Canva)

Israel-Iran conflict to push up marine premiums as insurers invoke war cover

The escalating Israel-Iran conflict is poised to significantly impact India’s marine insurance market, an industry with annual premiums exceeding Rs…

June 21, 2025 11:17 IST

Discover third-party liability for ground victims and the IRDAI's initiatives to fast-track claim settlements. (Image Source: twitter)

How insurance payouts to air crash victims are determined

Understanding compensation for victims of the Air India AI 171 crash. Learn about the Montreal Convention’s role in passenger payouts,…

June 15, 2025 17:13 IST

Dr. Ghosh was found guilty of submitting claims for a range of medical services, including endometrial ablations, biopsies, ultrasounds, vaccinations, blood tests, and STD screenings, many of which were either not performed or performed without patient consent

Who is Mona Ghosh? This Indian-origin OB-GYN sentenced to 10 years for $2.4 million fraud scheme

Federal investigators also found that Dr. Ghosh fabricated patient records to support her fraudulent claims, further complicating her extensive scheme.…

June 13, 2025 21:58 IST

Industry experts anticipate a 10-15% increase in premiums for Indian airline operators next year as global reinsurers reprice risks. (Image Source: Twitter)

Air India crash may push aviation insurance premiums by up to 15%

The recent Air India Boeing 787 Dreamliner crash in Ahmedabad, coupled with major global aviation losses and a landmark UK…

June 13, 2025 18:47 IST

Air India gets DGCA warning for flying Airbus planes overdue for emergency equipment inspections: Report

LIC, Bajaj Allianz expedite claim settlement for Air India plane crash victims

The two life insurance companies said that they are committed to supporting those affected by the unfortunate plane crash in…

June 13, 2025 16:50 IST

TATA AIG General Insurance, insurance, Air India Express, New India Assurance, United India Insurance

AI flight crash may trigger $120–150 million in global insurance claims: Experts

AI Dreamliner crash may trigger Rs 1,000–1,200 crore in insurance claims. Indian insurers face limited exposure, with bulk liability on…

June 12, 2025 22:36 IST

Almost half of life insurance holders quit paying premiums within 5 years — the reason will surprise you

A survey by personal finance advisory firm 1 Finance has come out with several surprising disclosures on how insurance, mutual…

June 9, 2025 12:13 IST

Good News for Insurance Buyers! Indian Insurers Raised Bar with Record High Claim Settlement Ratios

The Claim Settlement Ratio shows how reliably an insurer pays death claims, helping compare life insurance providers.

June 6, 2025 17:27 IST

third-party insurance, vehice insurance, insurance, motor insurance

EXPLAINER | Third-party cover still an afterthought

India struggles with third-party motor insurance enforcement as over 50% vehicles remain uninsured. With rising claims and no premium revision…

May 22, 2025 20:35 IST

Bangalore rains flooded your car? Here’s what you need to know about insurance

Is your car flooded because of the sudden rains like Bangalore? You can claim insurance and here’s what you need…

May 20, 2025 17:08 IST

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US tourist visa: Applicant’s B1/B2 visa approved without hassle, officer says ‘I don’t need to…’

An incorrect name on your Aadhaar can lead to severe issues with KYC (Know Your Customer) compliance, bank accounts, and benefits distribution.

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Unemployment rate sees marginal rise in urban areas in October: Govt survey

Policy41 min ago

Urban unemployment rate rose slightly to 7% in October, while overall unemployment remained steady at 5.2%. Rural areas saw a decrease in unemployment for both males and females, contributing to the overall decline.

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