Can an insurer turn down a flood claim because a new car’s registration certificate had not yet arrived? Rejecting National Insurance’s Non-Registration Defence, the J&K State Consumer Commission has said no for a Wagon R washed away in the September 2014 Kashmir floods, and has ordered the company to pay Rs 7,85,963 to the owner. […]
The Supreme Court has referred the question of enhancing compensation under conventional heads to a Larger Bench, expressing doubt whether the 10 percent triennial increase fixed in Pranay Sethi should apply retrospectively to pre-2017 accidents, motor accident claims nationwide.
