Indian Insurance Companies
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LIC Becomes 5th Most-Valued Indian Firm, Reliance Tops List
State-run Life Insurance Corporation has surpassed market value of Rs 7 lakh crore, making it the fifth most-valued company in the country.
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Indian-American Guilty Of 11 Counts Of Defrauding Public Health Insurance Plans Of $4 Million
Kaival Patel created and operated a company called ABC Healthy Living LLC to market compound prescription medications.
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Indian Man Pleads Guilty To Duping US Telephone Providers, Insurance Firms
An Indian national pleaded guilty to the charges of defrauding various telephone providers and insurance companies of millions of dollars by using stolen or fake identities to submit fraudulent claims for replacement cellular devices.
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SoftBank Executives Said to Exit Paytm, Policybazaar Boards
SoftBank representatives will reportedly step down from the boards of digital payments firm Paytm and the parent of online insurance aggregator Policybazaar.
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Types of Car insurance in India
Several insurance companies in India offer a variety of insurance plans to cater to the buyers' specific needs. It is very important to understand the various types of coverage and their benefits, enabling the vehicle owner to make an informed decision.
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Centre Wants To Hand Over Insurance Firms To Foreign Players: Opposition
The Congress on Friday said the BJP government wants to hand over the control of Indian insurance firms to foreign players and accused it of misleading the people of the country on the Insurance Bill.
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Bill To Raise Foreign Investment Limit In Insurance To 74% Passed In Rajya Sabha
Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.
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Rynox Introduces Accident Insurance Cover With Purchase Of Riding Gear
With the growing sale of motorcycles and the awareness and importance of wearing riding gear, more and more motorcyclists choose to invest in the protective apparel beyond purchasing their desired moped. Now, a number of discounts and freebies are commonly given to customers on protective gear, but in an innovative of promoting its product line-up,...
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10 Best Selling Cars Of 2018: Maruti Suzuki Dzire Dethrones Alto To Gain No. 1 Spot
We are in the last month of 2018 and it has been rather tumultous year for the Indian auto industry. With fluctuations in exchange rates, and insurance premiums among other policies, car sales have seen their share of ups and downs through the year. That being said, certain cars continued to be strong sellers through the year, breaking milestones m...
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Indian Wins $1 Million With His First Dubai Duty Free Ticket
An Indian national hit a jackpot today to become the latest winner of the $1 million Dubai Duty Free raffle, a media report said. Sourav Dey, the 45-year-old who has been living in Dubai since last six years, works as a department head for an insurance company, the Khaleej Times reported.
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Indian-American Doctor Pleads Guilty To Theft From Insurance Firms
An Indian-American doctor has pleaded guilty to stealing from insurance companies and faces a fine of $100,000, authorities said.
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Indian-American Doctor Couple Indicted In Health Fraud Case
An Indian-American doctor couple has been indicted on charges of committing healthcare fraud by performing unnecessary medical tests and procedures on patients to get payouts from insurance companies.
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Third Party Vehicle Insurance To Become Costlier
The Indian government will soon discontinue the upper limit cap on third party liability of insurance companies in cases of road accidents, injuries or death. Also, the Insurance Regulatory and Development Authority (IRDAI) has sent a proposal to the government for hiking the premium for third party insurance by 50 per cent for all vehicle segments...
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Indian-American Sued By US Government For Medicare Fraud
An Indian-American owner of a diagnostic firm has been sued by the US government on charges of knowingly submitting false claims to a state-run insurance company for thousands of testing services he did not render.
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Indian-American Couple Jailed For Medical Fraud In US
An Indian-American couple has been sentenced up to eight years in the US for receiving more than USD 4.8 million from Medicare and private insurance companies for knowingly producing thousands of fraudulent medical test reports.
-
LIC Becomes 5th Most-Valued Indian Firm, Reliance Tops List
State-run Life Insurance Corporation has surpassed market value of Rs 7 lakh crore, making it the fifth most-valued company in the country.
-
Indian-American Guilty Of 11 Counts Of Defrauding Public Health Insurance Plans Of $4 Million
Kaival Patel created and operated a company called ABC Healthy Living LLC to market compound prescription medications.
-
Indian Man Pleads Guilty To Duping US Telephone Providers, Insurance Firms
An Indian national pleaded guilty to the charges of defrauding various telephone providers and insurance companies of millions of dollars by using stolen or fake identities to submit fraudulent claims for replacement cellular devices.
-
SoftBank Executives Said to Exit Paytm, Policybazaar Boards
SoftBank representatives will reportedly step down from the boards of digital payments firm Paytm and the parent of online insurance aggregator Policybazaar.
-
Types of Car insurance in India
Several insurance companies in India offer a variety of insurance plans to cater to the buyers' specific needs. It is very important to understand the various types of coverage and their benefits, enabling the vehicle owner to make an informed decision.
-
Centre Wants To Hand Over Insurance Firms To Foreign Players: Opposition
The Congress on Friday said the BJP government wants to hand over the control of Indian insurance firms to foreign players and accused it of misleading the people of the country on the Insurance Bill.
-
Bill To Raise Foreign Investment Limit In Insurance To 74% Passed In Rajya Sabha
Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.
-
Rynox Introduces Accident Insurance Cover With Purchase Of Riding Gear
With the growing sale of motorcycles and the awareness and importance of wearing riding gear, more and more motorcyclists choose to invest in the protective apparel beyond purchasing their desired moped. Now, a number of discounts and freebies are commonly given to customers on protective gear, but in an innovative of promoting its product line-up,...
-
10 Best Selling Cars Of 2018: Maruti Suzuki Dzire Dethrones Alto To Gain No. 1 Spot
We are in the last month of 2018 and it has been rather tumultous year for the Indian auto industry. With fluctuations in exchange rates, and insurance premiums among other policies, car sales have seen their share of ups and downs through the year. That being said, certain cars continued to be strong sellers through the year, breaking milestones m...
-
Indian Wins $1 Million With His First Dubai Duty Free Ticket
An Indian national hit a jackpot today to become the latest winner of the $1 million Dubai Duty Free raffle, a media report said. Sourav Dey, the 45-year-old who has been living in Dubai since last six years, works as a department head for an insurance company, the Khaleej Times reported.
-
Indian-American Doctor Pleads Guilty To Theft From Insurance Firms
An Indian-American doctor has pleaded guilty to stealing from insurance companies and faces a fine of $100,000, authorities said.
-
Indian-American Doctor Couple Indicted In Health Fraud Case
An Indian-American doctor couple has been indicted on charges of committing healthcare fraud by performing unnecessary medical tests and procedures on patients to get payouts from insurance companies.
-
Third Party Vehicle Insurance To Become Costlier
The Indian government will soon discontinue the upper limit cap on third party liability of insurance companies in cases of road accidents, injuries or death. Also, the Insurance Regulatory and Development Authority (IRDAI) has sent a proposal to the government for hiking the premium for third party insurance by 50 per cent for all vehicle segments...
-
Indian-American Sued By US Government For Medicare Fraud
An Indian-American owner of a diagnostic firm has been sued by the US government on charges of knowingly submitting false claims to a state-run insurance company for thousands of testing services he did not render.
-
Indian-American Couple Jailed For Medical Fraud In US
An Indian-American couple has been sentenced up to eight years in the US for receiving more than USD 4.8 million from Medicare and private insurance companies for knowingly producing thousands of fraudulent medical test reports.
