Insurer ordered to pay Mumbai firm ₹1.2 cr for liquor lost in flood

The South Mumbai District Consumer Disputes Redressal Commission ordered an insurance firm to pay ₹1.2 crore to a liquor wholesaler for the stock it lost in the 2017 flood. The insurer rejected its own surveyor's recommendation in 2020 to pay the firm. The commission ordered the insurer to pay 9% interest per year, starting from when the claim was rejected.