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Tips to Save Yourself from Insurance Frauds / Scams

Wednesday, July 11, 2018, 8:51 PM

Day by day, insurance fraud in India is rising. The most common way of cheating is by fraudsters, pretending to be IRDA representatives. Fraudsters pose as representatives of the insurance Regulatory and Development Authority (IRDA).
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LIC set to get into banking as Irdai lets it snap up IDBI Bank

Friday, June 29, 2018, 10:32 PM

The long-cherished plan of the national insurer LIC to own bank today moved closer to reality with the regulator Irdai giving a go-ahead to pick a controlling stake in the crippled IDBI Bank. The decision was taken at the meeting of the board of the Insurance Regulatory and Development Authority of India (Irdai) in Hyderabad.
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IRDAI panel to vet insurance marketing firm norms

Saturday, June 16, 2018, 10:49 PM

Insurance regulator IRDAI has formed a committee to review regulations governing the Insurance Marketing Firms (IMF). Announcing the constitution of a 10-member panel, Member-Distribution Sujay Banarji said the committee would revisit IRDAI (Registration of Insurance Marketing Firms) Regulations, 2015 and suggest issue of guidelines in areas on which existing norms were silent.

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