Will look into grievances about Covid-19 claims: IRDA assures HC

0
121

[google-translator]

The assurance came in response to a Public Interest Litigation (PIL), which sought a probe into the irregularities committed by insurance companies in processing Covid-19 claims and the inaction of the IRDA to curb them

Mumbai: The Insurance Regulatory and Development Authority (IRDA) on Monday, assured the Bombay high court (HC) that it will look into grievances about the purported irregularities committed by insurance companies in processing Covid-related insurance claims.

The assurance came in response to a Public Interest Litigation (PIL), which sought a probe into the irregularities committed by insurance companies in processing Covid-19 claims and the inaction of the IRDA to curb them.

In the PIL through advocate Yusuf Iqbal Yusuf, Manav Seva Dham claimed that there had been blatant violations of the IRDA Act and RBI guidelines by insurance companies, and they had been involved in criminal activities like money laundering, misuse of policy holder’s money, paying excessive commissions to banks and agents. The PIL also alleged that the insurance companies arbitrarily rejected claims during the pandemic, thus putting policy holders already under financial stress in the lockdown.

The PIL was mentioned before the bench of justice AK Menon, and justice Makarand Karnik on Monday. The bench was informed that IRDA and their officials as also insurance companies against whom complaints of harassment had been received by the Trust were parties to the PIL.

The bench was further informed that due to the inaction of the IRDA, the petitioner body was also seeking an inquiry against their officials concerned as well as a proper investigation related to the irregularities committed by insurance companies by calling on records of claims received and settled by them during the pandemic.

Responding to the PIL, the counsel for IRDA informed the bench that the authority would treat the petition as a representation and address the grievances raised by the petitioner body. The bench accepted the assurance and disposed of the PIL.


Close Story

Less time to read?

Try Quickreads



  • Punjab minister Fauja Singh Sarari administered oath by governor Banwari Lal Purohit.


  • A view of Dhan Mill Compound at 100 Feet Road, Chhatarpur, in New Delhi, India, on Saturday, July 2, 2022. (Photo by Amal KS/Hindustan Times)

    Delhi: From a granary to creative business street

    For the uninitiated, Dhan Mill Compound, a former granary and a cluster of warehouses, has morphed into the city’s modish food, fashion, design and lifestyle destination. Its streets are lined with art cafes, home décor outlets, ateliers, art galleries, pottery studios, dance halls and high-end boutiques, whose facades and interiors are as interesting and experimental as the wares they deal in. Interestingly, all of these fancy establishments are housed in re-purposed warehouse buildings, which still have metal roofs.


  • Delhi deputy chief minister Manish Sisodia. (Twitter/@AAPDelhi)

    Over a million got jobs on Rozgar Bazaar: Delhi govt

    According to a Delhi government official, a break-up of the total jobs, including the list of employers and the number of people they hired, will be shared “in a couple of days”. Notably, the government portal was launched by chief minister Arvind Kejriwal on July 27, 2020, to help entry-level and blue-collar job seekers connect with employers at a time when the Covid-19 induced lockdown left many people unemployed.


  • Delhi environment minister Gopal Rai. (ANI)

    Govt to urge Centre to reduce tax for SUP options: Delhi minister

    “Manufactures, and start-ups which are working on alternatives to single-use plastic have to pay more GST for raw material. Hence, the Delhi government will write to the Centre and request a reduction in GST rates,” Delhi environment minister Gopal Rai said.


  • A view of Humayun's Tomb on a rainy day in New Delhi, India, on Sunday, July 3, 2022. (Photo by Sanchit Khanna/Hindustan Times)

    Delhi weather: Yellow alert issued till Tuesday

    Safdarjung, Delhi’s base weather station, recorded 0.1mm of rainfall between 8:30am and 5:30pm on Sunday. The Capital recorded 1.9mm of rainfall on Saturday and 117.2mm on Friday, making the monthly total 119.2mm so far. The normal monthly average for July is 210.6mm, said weather experts.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here