Insurance agent gets compensation for delay in getting claim in Mumbai An insurance company has awarded the insured Rs 8,000 thousand for the financial loss and mental agony he suffered due to the delay in the release of the money by National Insurance Company Ltd. and his medical expenses. The agency and the TPA have withdrawn the claim after 99 days instead of 30 days. The regional sales commission has ordered that the amount be paid within 15 days of the order, otherwise interest will have to be paid. 9 percent interest per year. The order dated November 16, 2022 by RG Wankhade, Chairman and SV Kalal, Member of the Mumbai Suburban District Consumer Disputes Supplementary Dispute Redress Commission in the complaint of Kandivali resident Kailashnath Dubey against National Insurance Company Ltd. and Medicare Services TPA (I) Pvt. Dubey, a national insurance agent, had taken out a health insurance policy from August 28, 2016 to August 27, 2018. During the policy, he had an accident and
AC Local Train Fare In Mumbai To Be Slashed By Half: Minister At present, the single journey fare of AC locals ranges between Rs 65 to 240. The fare of air-conditioned local trains in Mumbai will be reduced by 50 per cent, Union Minister of State for Railways Raosaheb Danve announced on Friday. Following a long-pending demand, the existing minimum fare of Rs 65 for a distance of 5 km for AC trains will be reduced to Rs 30, he said. A notification issued by the railway board in the evening said new fares would come into effect from May 5. Mr Danve was speaking at the inauguration of the restored heritage building of the Byculla railway station in central Mumbai in the presence of BJP leader Devendra Fadnavis. The railway ministry had received suggestions that the existing fare be reduced by at least 20-30 per cent, the minister said. Around 80 AC local train services are operated on Central and Western Railway routes in the Mumbai region every day. As per Mr Danve, the fare between Chh