MUMBAI: A hotel executive was defrauded to the tune of ₹9.5 lakh by cyber frauds who posed as insurance agents, and claimed they would help her withdraw an insurance amount of around ₹25 lakh based on a policy taken by her recently deceased father. HT Image In her complaint to the police, Sakinaka resident Daksha Ghadi said she was in …
The Karnataka High Court on Wednesday directed the Insurance Regulatory and Development Authority to ensure that all insurance companies follow the master circular issued by it and the companies transfer unclaimed amounts to the Senior Citizens Welfare Funds, established under the Finance Act, 2015. Counsel for the IRDA informed the court that the Government of India has enacted the Senior …
