Coverfox News

IRDAI said Insurance Ombudsmen resolved 41,055 grievances in FY26, with nearly 79% of rulings favouring policyholders amid rising insurance complaints in India.

Coverfox Group announces key leadership appointments, including Piyush Ranjan, Shreyans Vijay, Shivendra Pancholi, and Vivek Dubey, to support strategic growth and innovation.

India is reportedly considering emergency measures such as fuel price adjustments, import restrictions, and tighter currency controls as rising oil prices and the Iran conflict pressure foreign exchange reserves and the rupee.

Prime Minister Narendra Modi calls on citizens to conserve fuel, avoid foreign travel, and pause gold purchases as India faces rising economic risks from the escalating West Asia conflict and soaring crude oil prices.

PM Modi’s fuel conservation appeal has sparked discussions around how sectors like aviation, tourism, EVs, logistics, jewellery, and MSMEs could be affected by rising crude oil prices.

PM Modi’s appeal to reduce fuel use and avoid non-essential gold purchases has sparked discussions around fuel prices, inflation, forex reserves, and India’s economy.

The MV Hondius cruise ship reported 7 linked hantavirus cases, including 5 confirmed infections. WHO says the outbreak is currently considered limited while investigations and monitoring continue.

IRDAI forms a sub-committee to review health insurance claims, coverage, and customer experience, aiming to improve future insurance reforms in India.

India unveils the Bharat Maritime Insurance Pool with sovereign guarantee to safeguard ships and cargo from global uncertainties. It boosts trade stability, lowers costs, and reduces reliance on foreign insurers.

India’s non-life insurance sector grew 9.2% in FY26, reaching ₹3.35 lakh crore. Health insurance emerged as the fastest-growing segment with a 19.8% surge.

Missing driver’s badge is not a policy breach. Insurers cannot recover compensation from vehicle owners in such cases: Kerala HC

Women now hold ₹76 lakh crore in credit, accounting for 26% of India’s total, growing 5x. Credit penetration has reached 36%, with 16 crore active women borrowers.