In January 2025, the Telangana High Court rejected an appeal filed by Spectrum Power Generation Limited (SPGL) seeking compensation from the lead insurer United India Insurance Company and co-insurers The
Tata Power recently made headlines by filing a substantial insurance claim of Rs. ₹221 crore following a fire at its Trombay Plant (Unit 5) on September 24, 2024. This fire
In insurance, the rule of ‘proximate cause‘ is often called into action “to determine whether an event covered by a policy or an event excluded by the policy is the
September 11 attacks resulted in approximately $40 billion in insurance claims. This is the largest insured events ever in the history of Insurance. Insurance payments due to 9/11 were over one and