India has ushered in a new phase of insurance regulation with Parliament clearing the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, a move that comes at a time when trust between insurers and policyholders is increasingly strained. For millions of Indians, insurance is ultimately judged not by policy documents or premium receipts but by the ease and fairness of claim settlement. Delays, repeated document requests, late-stage exclusions, and opaque rejections have long plag

Illinois is set to enter 2026 with sweeping changes to state policy as more than 200 new laws take effect at the start of the year, touching nearly every aspect of daily life. The legislation approved by lawmakers spans healthcare access, workplace protections, public safety, education standards, insurance coverage and the growing role of artificial intelligence, marking one of the most expansive legislative updates in recent years. Several of the most consequential measures focus o

India is preparing for one of its busiest wedding seasons, with nearly 46 lakh weddings expected in 2025 and spending projected at around Rs 6.5 lakh crore. As celebrations grow grander, Indian weddings often resemble Bollywood productions with choreographed sangeets, elaborate décor and multi-day festivities. But with budgets crossing Rs 30–35 lakh for most weddings, and luxury ceremonies easily exceeding Rs 1 crore, families are pouring unprecedented amounts into these events. With such

The Goods and Services Tax (GST) Council has approved a major overhaul of India's GST system, effective September 22, 2025. This comprehensive revamp introduces significant changes, impacting everything from household essentials and food items to vehicles and healthcare products. The council has streamlined the tax slabs by reducing the existing four-tier system to just two primary slabs 5% and 18% and introduced a 40% slab for select luxury and harmful it

In a troubling case that highlights the challenges of navigating health insurance in the United States, a Massachusetts woman is facing over $20,000 in medical bills after an unexpected encounter with a bat led to costly rabies treatment. Erica Kahn, 33, was on vacation at Glen Canyon National Recreation Area in Arizona when the bizarre incident occurred last August. While photographing the night sky, she noticed bats flying nearby but did not expect any danger. Suddenly, one bat flew directl

Homeowners in a Texas neighborhood are grappling with the aftermath of multiple power surges that caused thousands of dollars in damage to home appliances and electrical systems. The surges, which occurred in June, affected several houses in a subdivision where residents reported unusual electrical activity—ranging from flickering lights to malfunctioning appliances and repeated circuit breaker trips. As the damage mounted, so did the frustration and confusion over who would be held respon

California is taking a significant step toward establishing the country’s first official insurance standard for smoke damage, aiming to address a persistent and often overlooked issue affecting wildfire survivors. Every year, wildfires leave behind more than scorched land—they also blanket homes in soot and smoke that can carry toxic substances, even when structures remain standing. Currently, there are no statewide or national guidelines requiring insurers to cover the cost of testi

A Fremont-based Farmers Insurance franchise owner has raised serious allegations claiming the company has been canceling insurance policies by falsely stating the cancellations were requested by the insured clients. Jeffrey Carvalho, a 37-year veteran in the insurance industry, says this troubling practice has affected hundreds of his clients, especially senior citizens aged 65 and older across the Bay Area. Carvalho is demanding transparency and an end to these questionable cancellations.

Indian-origin psychiatrist and former CEO of Sovereign Health Group, Tonmoy Sharma, was arrested at Los Angeles International Airport in connection with a staggering $149 million healthcare fraud. Sharma, 61, originally from Guwahati, Assam, was taken into custody on May 29 following an eight-count federal grand jury indictment that includes charges of wire fraud, conspiracy, and illegal kickbacks. According to federal prosecutors, Sharma’s company, Sovereign Health, engaged in a system

A former California police officer has been charged with defrauding the workers’ compensation system by falsely claiming a disability while leading an active lifestyle that included skiing, running, and attending music festivals. Nicole Brown allegedly collected more than $600,000 in tax-free workers’ compensation benefits after reporting an injury sustained while on duty in March 2022. Despite claiming she was unable to work due to a traumatic brain injury, Brown was seen engaging i

For Non-Resident Indians (NRIs), securing health and term insurance for themselves and their families back in India is more than just a financial obligation—it is a critical step toward safeguarding their loved ones and managing long-term security. As global citizens, NRIs often weigh the pros and cons of buying insurance in their country of residence versus opting for policies in India. What tips the scale in favor of Indian insurance are three strong reasons: affordability, extensive

President Donald Trump's 25% tariffs on auto imports, which are set to take effect on April 3, are expected to have far-reaching effects on the automotive industry in the U.S. Even if you're not actively in the market for a new car, these new tariffs could impact the cost of owning and maintaining your vehicle. The tariffs, designed to boost domestic manufacturing and generate significant revenue, will raise the price of cars imported from foreign countries. But beyond the initial cos

Health insurance is meant to be a safety net—helping individuals manage healthcare costs without financial stress. However, for many, that reassurance is shattered during claim time when their applications are denied. These rejections can leave policyholders not only frustrated but also suspicious about their insurer’s intentions. While some rejections are justified, many arise from avoidable mistakes that occur during policy purchase or while filing a claim. Understanding these e

As people age, having a reliable health insurance plan becomes a critical component of financial and personal well-being. With medical expenses escalating and premiums on the rise, many senior citizens face the dual challenge of securing adequate coverage while managing their budgets. Fortunately, several practical strategies can help lower health insurance costs without compromising on the quality of care. This article explores effective methods to reduce premium expenses, enabling seniors t

The Insurance Regulatory and Development Authority of India (IRDAI) has issued a notification that seeks to limit the financial burden on senior citizens regarding health insurance premiums. The new directive mandates that insurers cannot increase premiums for individuals aged 60 years and above by more than 10% annually. This move addresses the concern that steep premium hikes for this vulnerable demog

Telugu Desam Party (TDP) has made a remarkable achievement by registering over 1 crore members, a first in the party's history. The ongoing membership drive, which has seen a surge in registrations, has reached an impressive milestone of 1,00,20,065 members, with notable participation from both Andhra Pradesh and Telangana. The drive gained momentum under the leadership of Nara Lokesh, who introduced an insurance policy offering a Rs 5 lakh coverage, adding significant value for

The Telugu Desam Party (TDP), known for its strong presence among the masses in Andhra Pradesh, has achieved an extraordinary milestone with its ongoing membership drive. In less than a month, TDP has successfully enrolled 50 lakh new members, a feat that showcases the party's deep-rooted influence in the region. With Andhra Pradesh’s population in 2022 at 5.33 crore, this means 10% of the state's population is now registered as TDP members. This massive membership sur

Prime Minister Narendra Modi is preparing to announce a significant expansion of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) on October 29, as per official sources reported by PTI. This extension will offer health coverage to all citizens aged 70 and above, regardless of income level, aiming to benefit around six crore seniors across 4.5 crore households. What the Expanded Scheme Brings Under the enhanced Ayushman Bharat Pradhan Mantr

Delhi Lieutenant Governor VK Saxena has proposed a tiered vehicle insurance premium system that would link costs directly to the number of traffic violations recorded against a vehicle. In a letter to Union Finance Minister Nirmala Sitharaman, Saxena emphasized that this system could incentivize safer driving habits, reduce accidents, and alleviate the financial burden on insurers from frequent claims. Citing alarming accident statistics, including over 4.37 lakh road accidents in 2022, Saxen