Govt asks insurers to swiftly settle claims in flood-hit Andhra, Telangana

Q: How long will it take to read this news story?

The story "Govt asks insurers to swiftly settle claims in flood-hit Andhra, Telangana" has 233 words across 7 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Govt asks insurers to swiftly settle claims in flood-hit Andhra, Telangana" was covered 4 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 372 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22377631</li><li>URL: https://beamstart.com/news/govt-asks-insurers-to-swiftly-17255524346875</li></ul>

Business Standard Logo Business Standard 4h ago

Govt asks insurers to swiftly settle claims in flood-hit Andhra, Telangana - Business Standard

Quick Summary:

The Finance Ministry on Thursday said PSU insurance companies have been directed to ensure swift claim settlements by organising special camps and easing claim processes for those affected by heavy rains and floods in Andhra Pradesh and Telangana.

In a statement, the ministry said in view of the heavy rains and floods in Andhra Pradesh and Telangana, the Department of Financial Services issued directions, on Thursday, to the public sector insurance companies to extend and provide full support to the people affected by floods.

The insurance companies have been also instructed to widely advertise the names and contact numbers of nodal officers to whom the policyholders can contact.