Latest from Insurance laws

Sports Betting Insurance

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Sports betting and gambling are not very recent trends in India. The culture of betting dates back to the ancient times. In the epic Mahabharata, the King Yudhishthira gambled away his kingdom,...

Types Of Insurances: Understanding the Human Side of Risk Management

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Insurance is a mechanism through which the persons exposed/vulnerable to the potential risk, arising out of events that are not in control of that particular person. In such a situation accordi...

IRDAI (Corporate Governance For Insurers) Regulations, 2024

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Notification No.: F. No. IRDAI/Reg/7/201/2024 Date: 20th March 2024 Dear Friends, IRDAI on recommendations of Regulations Review Committee and after considering suggestions received from var...

Anticipating Potential Privacy Challenges

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In an era dominated by technology, research, and extensive data banks, our lives are increasingly intertwined with applications and devices that monitor and record our every move, from fitness ...

Whether the Judgment Of The Constitution Bench in National Insurance Company ...

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The Principle Of Retrospectivity Of JudgmentsA retrospective (from Latin retrospectare, "look back"), generally, is a look back at events that took place, or works that were produced, in the past...

Nature Of Insurance And Principles Of Insurance

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Nature Of Insurance: The Insurance is a contract. Thus all the essentials of contract must be fulfilled. The Insurance contract should be based on the subject matter which has an Insurable ...

Motor Accident Claims Tribunal: Rights Of The Victim, Evolution of the Proced...

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The present study is intended to focus on the rights of victims of motor accidents in India. The purpose of this study is to understand a better aspect regarding the rights of those victims who...

Whether the Interest on Compensation under Employees' Compensation Act, 1923 ...

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Employees' Compensation Act, 1923 (called Workmen Compensation Act, 1923 before the amendment of 2009) for compensation for injury / death caused to "employees" by accident arising out of and i...

Compensation to Victims of Hit and Run Motor Accident Scheme, 2022: Need to P...

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Before deliberating on the subject, it would be trite to refer to Section 161 of The Motor Vehicles Act, 1988 which reads as under: 161. Special provisions as to compensation in case of hit an...

Exploring the Interplay Between Consumer Protection Act and the Insurance Sec...

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In recent years, the relationship between the Consumer Protection Act (CPA) and the insurance industry has drawn a great deal of interest and criticism. The insurance sector is essential in pro...