10% cars in India run without compulsory third party insurance cover

Concerned at the low number of vehicle owners going for Third Party Insurance in India, the Ministry of Road Transport and Highways (MORTH) is putting together a data of all such vehicles to gauge the exact number of offenders. All states and union territories have been told to start special drives and to take corrective steps to ensure the vehicle owners comply with the law.

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Forum Penalises ICICI Lombard General Insurance Co. Ltd

The Consumer Disputes Redressal Forum, Ahmedabad City, deciding on a complaint filed by Consumer Education and Research Society (CERS) and Deepak Kanayalal Khatwani, has directed ICICI Lombard General Insurance Company Limited, Mumbai, to credit in Khatwani’s savings bank account Rs. 19,049.08 within two months from the date of the order. Read more