Insurance Ombudsman Rules, Rule 17 Empowers Ombudsman To Grant Compensation But Gives No Power To Issue Directions Upon Insurer: Kerala High Court
In a significant judgment, the Kerala High Court has upheld the decision of the Insurance Ombudsman regarding the dispute over the premium charged for a Medi-claim policy. The appeal, WA No. 1349 of 2023, was dismissed by a bench comprising Honourable Mr. Justice A. Muhamed Mustaque and Honourable Mrs. Justice Shoba Annamma Eapen. The court's decision has far-reaching implications for policyholders and insurance companies alike. Case Background: The appellant, N.S.…