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Bombay High Court Dismisses Petition Challenging IRDA's Rejection of Insurance Broker License Transfer. Transfer of Corporate Agency License Requires Prior Approval Under Insurance Act, 1938 and IRDA Regulations.

The petitioners, including Wills India Insurance Brokers Pvt. Ltd. and others, filed a writ petition under Article 226 of the Constitution of India ch...

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High Court of Karnataka Dismisses Insurance Company's Appeals in Motor Accident Claims — Upholds Compensation for Injured Claimants. Negligence of Driver Established, Insurer Liable to Pay Compensation Under Motor Vehicles Act, 1988.

The case involves three appeals filed by Bajaj Allianz General Insurance Co. Ltd. against separate awards of the Motor Accident Claims Tribunal, Bella...

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High Court of Karnataka Enhances Compensation in Motor Accident Claim Case — Insurance Company's Appeal Dismissed. Claimants awarded enhanced compensation for death of breadwinner under Motor Vehicles Act, 1988.

The case involves two appeals: MFA No.233/2021 filed by the claimants (legal representatives of the deceased S.B. Yeshwant) seeking enhancement of com...

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Bombay High Court Dismisses Insurance Company's Appeal in Motor Accident Claim — Policy Validity and Breach of Conditions Not Proved. Insurer Liable to Pay Compensation as No Defence Raised Before Tribunal and No Evidence of Policy Invalidity or Passenger Carriage in Goods Vehicle.

The case arises from a motor accident claim petition filed by the legal representatives of deceased Wamanrao, who died in a road accident on 18 April ...