Monitor, expedite settlement of insurance claims: Vohra

Monitor, expedite settlement of insurance claims: Vohra

SRINAGAR: Governor N N Vohra Wednesday asked for closely monitoring and expediting the process of settling insurance claims of the flood-affected families in the state.
The directions came in Governor’s meeting with the Principal Secretary Finance B B Vyas and other concerned officers while reviewing status of the insurance claims settled by various banks in the state, an official handout issued here said.
Quoting the information given to Vohra during the meeting, the statement said 23,740 insurance claims amounting to Rs 831.91 crore were settled by the different banks till January 10.
Of them, the J&K Bank has decided 21,700 cases amounting to Rs802 crore and the State Bank of India has settled 141 cases amounting to Rs 13.19 crore, it said.
Punjab National Bank and Jammu & Kashmir Grameen Bank have settled 340 and 369 cases involving payment of Rs 4.60 crore and Rs 7.81 crore, respectively, it added.
It said the Ellaquai Dehati Bank and Bank of Baroda have decided 1118 and 72 cases amounting to Rs 3.50 crore and Rs 0.81 crore, respectively.

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