Prøve GULL - Gratis
Legal Update
THE INSURANCE TIMES
|October 2024
J&J told to pay Rs. 35L each as compensation to hip implant victims
-
Following a seven-year legal battle, the National Consumer Disputes Redressal Commission (NCDRC) has awarded a compensation of Rs 35 lakh to a Pune businessman, for a faulty medical hip implant.
The businessman, Purshottam Lohia, had filed a claim of Rs 5 crore against Johnson & Johnson Ltd, citing the severe and lasting physical and mental trauma caused by a faulty medical implant manufactured by Johnson & Johnson subsidiary, DePuy Orthopaedics Inc. The NCDRC, however, awarded Rs 35 lakh in compensation, along with an additional Rs 1 lakh for mental agony. Since Johnson & Johnson had already paid Lohia Rs 25 lakh following orders from the Delhi High Court, which had directed the company to compensate patients who underwent revision surgeries due to the defective ASR XL implants, Lohia will receive the balance amount of Rs 10 lakh from the company.
The NCDRC judgment was influenced by the report of an expert committee (Arya Committee), which confirmed that the ASR XL implants were inherently defective and had caused serious health complications, including the release of toxic metal ions. Johnson & Johnson challenged the findings, but the committee held the company liable for the faulty product, marking a significant victory for Lohia and setting a precedent for other patients in India who suffered similar complications.
Lohia suffered an accident in 2006, following which he had to undergo a total hip replacement surgery in June 2008 at the Poona Hospital and Research Centre. The surgery involved the implantation of DePuy's ASR XL Femoral Implant and Taper Sleeve Adaptor. In August 2010, the company voluntarily recalled the product globally, acknowledging its high failure rates, which were causing severe pain and necessitating revision surgeries.
Denne historien er fra October 2024-utgaven av THE INSURANCE TIMES.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA THE INSURANCE TIMES
THE INSURANCE TIMES
Epigenetic Clocks as Predictors of Mortality: A New Tool for Life Insurance Risk Stratification
Numerous cohort studies have validated the utility of epigenetic clocks in predicting all-cause mortality. For instance, accelerated epigenetic aging, where biological age exceeds chronological age, has been consistently associated with increased mortality risk (Marioni et al., 2015).
5 mins
November 2025
THE INSURANCE TIMES
Life Insurance News
Life insurers cut distributor commissions to pass on GST relief to customers
7 mins
November 2025
THE INSURANCE TIMES
Insurance Regulator Update
Irdai's Deepak Sood calls for new distribution model to expand rural insurance reach
2 mins
November 2025
THE INSURANCE TIMES
Evaluating the Impact of the New Tax Regime on Motor Accident Compensation Awards
In India, compensation awarded under the Motor Vehicles Act majorly depends upon the income of the deceased (claimant- in case of injury), age and dependency. Since the compensation is calculated based on loss of income after the accident, it increases as the income rises.
4 mins
November 2025
THE INSURANCE TIMES
A Comprehensive Risk Management Framework for the Insurance Industry
In the insurance industry, risk is not merely a challenge to overcome; it is the very commodity we trade. Therefore, a robust and sophisticated risk management framework is not just a matter of good governance but a core strategic imperative. It is the bedrock upon which an insurer builds its solvency, ensures compliance with a complex regulatory landscape, and ultimately achieves sustainable, long-term growth.
13 mins
November 2025
THE INSURANCE TIMES
"The overall industry seems to have understood the need to change the attitude from selling what it has to what the customer needs. This realization has led to the development of add-ons and modular products which are quite flexible in nature."
About Mr. Lahiri - Mr. Samiran Lahiri is widely regarded as one of India's most accomplished insurance professionals and consultants, known for his strategic insight, deep technical acumen, and exemplary leadership across diverse domains of the insurance and financial services industry.
11 mins
November 2025
THE INSURANCE TIMES
Parametric Insurance - A Disruptive Model for Climate and Catastrophe Risk Management
Executive Summary - Traditional indemnity-based insurance models have long faced challenges in addressing the growing frequency and severity of natural disasters.
5 mins
November 2025
THE INSURANCE TIMES
Safety Perspectives - The Greatest Happiness of Greatest Number
The salvage dealer has many things to pay for, many expenses such as transportation, electricity, rent, employee salaries, machinery, and more. Hence, the salvage dealer would certainly offer a daily prayer: 'Dear God, please bless me with at least 50 salvage cases today and every day'. He wants 50 accident cases every day! There is no harm in his prayer. It is perfectly logical on his part to pray.
7 mins
November 2025
THE INSURANCE TIMES
Do's and Don'ts While Buying a Term Insurance Policy
Do’s (Things You Must Do)
4 mins
November 2025
THE INSURANCE TIMES
Newton's Law - Another interpretation of Proximate Cause
The fire policy we know doesn't cover any loss or damage occasioned by, through, or in consequence of, directly or indirectly, an earthquake, volcanic eruption, or other convulsions of nature. An earthquake is an excluded peril, but loss by theft is an uninsured peril( other than as provided in the RSMDT clause).
7 mins
November 2025
Listen
Translate
Change font size
