Star health, ICICI Lombard and New India ignored GIC’s directive

On July 22, 2011

Three General insurance companies ICICI Lombard, Star Health insurance and New India assurance has submitted their bids for the Maharashtra government’s Rajiv Gandhi Jeevandayi Arogya Yojana (RGJAY) a health scheme for the poor despite of the General Insurance Council’s (GIC) directive not to bid for it because of refund clause….