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News General Insurance

  • Sep 06, 2014
  • CCI probes public sector general insurance companies

    Fair trade regulator Competition Commission of India (CCI) has started a probe against various public sector general insurers, including New India Assurance, for alleged unfair business practices with regard to third party administrators (TPAs).Besides New India Assurance, Oriental Insurance, United Insurance and National Insurance, among others, have come under the scanner of the fair trade regulator.It has been alleged that the four companies dealing in health insurance business were not allowing third party administrators or TPAs to work independently.

    Source - http://www.thehindu.com