irda-motor-insurance - Latest News on irda-motor-insurance | Read Breaking News on Zee News

Two- fold hike in motor insurance premium, rates to go up from April 1

Last Updated: Saturday, February 16, 2013, 21:15

Motor Insurance premium is set to become more expensive, with IRDA proposing up to up a two- fold hike in rates from April 1 in view of rising inflation and the history of claim settlement.

Severe penal action for refusal of 3rd party insurance: IRDA

Last Updated: Wednesday, October 03, 2012, 16:07

Insurance regulator IRDA on Wednesday said, "severe" penal action will be taken against those general insurance companies refusing third party motor insurance.

Motor insurance premium set to rise from April

Last Updated: Friday, December 23, 2011, 20:41

Motor insurance premium is set to jump by up to 20 per cent from April 2012, with the IRDA on Friday deciding to scrap the common pool used by insurers to settle accident claims.