In a landmark move to reform the insurance sector, the Insurance Development and Regulatory Authority (IDRA) has suspended the licenses of all individual agents in the non-life insurance category, ...

The Irdai on Friday, fined Reliance General Insurance Rs 1 crore in Hyderabad for routing unauthorised payouts through ...

The decision was announced in a circular issued on 23 December, aimed at protecting policyholders’ interests, strengthening insurers’ financial health, and restoring discipline in the insurance market ...

Government allows 100% FDI in insurance sector, aiming to attract global insurers, lower premiums, and boost competition, ...

Discover how contingent commissions work in insurance, why they cause conflict, and their history, offering insights into regulations and ethical practices.

Insurance regulations to prevent mis-selling are set to tighten with the Insurance Regulatory and Development Authority of ...

The shares of Policybazaar-parent PB Fintech fell more than 5 percent on December 16 after the new insurance amendment bill introduced in the Lok Sabha today proposed to let IRDAI specify the limits ...

A new set of legal changes is designed to tighten rules around mis-selling, especially by making commissions more transparent ...

A Massachusetts judge rejected Jeffrey Cutter’s bid to reverse his guilty verdict on improper annuity sales. In her Dec. 23 order, Judge Denise J. Casper also denied Cutter’s request for a new trial.

The regulator can now disgorge wrongful gains made by insurers or intermediaries and impose much higher penalties—from Rs 1 crore to Rs 10 crore for violations. (Representational image: Canva) As the ...

While UnitedHealth Care dominated health news headlines during 2025, excess mortality was the biggest health story of the year.