"Clear policy vacuum": MACT seeks Centre's intervention to compensate family of cyclist killed in uninsured vehicle accident

Feb 03, 2026

The Motor Accident Claims Tribunal (MACT), New Delhi, has flagged a serious gap in existing road accident compensation schemes after observing that the family...

Protection gaps expected to worsen insurance business till 2030, finds Bain & Co

Apr 03, 2025

As per definition, the protection gap refers to the difference between insured and uninsured losses.

India can save USD 10 bln annually by expanding insurance penetration: McKinsey report

Nov 17, 2024

India could potentially save about USD 10 billion annually by expanding insurance penetration to those people and assets that are still uninsured, according to...

Government is accelerating Ease of Doing Business, Insurance companies must bring Ease of Claims: Anurag Thakur

Aug 28, 2020

New Delhi [India], Aug 28 : Minister of State for Finance and Corporate Affairs Anurag Thakur on Friday said that India has a vibrant...

Light Motor Vehicle licencee can drive transport vehicle: Himachal Pradesh High Court

May 12, 2023

The deceased Raj Paul was engaged as a driver by Chander Kumar on Pickup Jeep. The deceased met with an accident on March 12....

Telangana polls: BRS leader K Kavitha faints during roadshow

Nov 18, 2023

K Kavitha was holding a roadshow in a vehicle when she told her party workers and sat on the vehicle floor.