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IRCSL Introduces alternative compensation system for motor vehicle accident victims

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The Insurance Regulatory Commission of Sri Lanka (IRCSL) has implemented a new system aimed at providing compensation to third-party victims of motor vehicle accidents or their legal heirs, without the need for court proceedings. Effective from March 1, this alternative method offers compensation up to a maximum of Rs. 500,000.

In collaboration with the Transport and Highways Ministry and other stakeholders in the transport sector, the Commission introduced this system to streamline compensation processes. Importantly, the existing legal avenues for compensation remain unaffected by this initiative.

Under this scheme, pedestrians and cyclists who are killed or permanently disabled in motor vehicle accidents are eligible for compensation. The insurance company covering the motor vehicle involved in the accident will provide the relevant compensation.

To claim compensation, applicants must complete the application provided in Circular No. 03 of 2024 issued by the Insurance Regulatory Commission and submit the required documents to the insurer within six months of the incident. Compensation amounts to Rs. 500,000 for death and up to Rs. 500,000 for permanent disability, subject to specified limits.

It’s crucial to note that death or disability must result from the motor vehicle accident and occur within 12 months of the incident. Additionally, if the compensation provided under this system is deemed insufficient, victims or their legal representatives retain the option to pursue legal recourse through court proceedings.

This alternative compensation system aims to expedite the process of providing relief to motor vehicle accident victims and their families, ensuring timely support during challenging circumstances.

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13 reservoirs reach spill level

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The Water Management Branch of the Irrigation Department has said that a total of 13 reservoirs have started spilling due to high rainfall in the catchment areas.The reservoirs of Mahakandarawa, Mahawilachchiya, Nuwara Wewa, Rajangana, Unnichchi, Muruthawela, Weerawila, Ellewela, Wemedilla, Mediyawa, Usgala, Ethimale and Wan Ela, have all reached spill level in this manner.

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Schoolgirl abducted in Kandy found in Ampara, suspect arrested

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Police have located the schoolgirl abducted in Daulagala, Kandy on Saturday (11).

The schoolgirl, along with the primary suspect involved in the abduction have been found by the police while they were boarded on a luxury bus that was scheduled to depart for Kandy near the Ampara Bus Stand today (13).

However, the suspect has now been arrested and the interrogations of the girl and the suspect are underway.

The abduction took place on the morning of January 11, 2025, in the Daulagala Police Division. Preliminary investigations had revealed that the primary suspect is a close relative—the son of the girl’s father’s sister.

Police said that the suspect abducted the girl following a disagreement over their proposed marriage. Initially, both families had consented to the union, but the girl’s father later withdrew his approval, triggering the conflict, according to police.

The schoolgirl, a resident of Handessa, was abducted on the morning of January 11 while on her way to school with a friend.

The van used in the abduction was discovered abandoned in Polonnaruwa by local police the same day. Subsequently, officers from Daulagala Police apprehended the van driver, a 30-year-old resident of Kahatapitiya, Gampola, in the Gampola area on January 12.

(adaderana.lk)

(This story, originally published by adaderana.lk has not been edited by SLM staff)

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President AKD to leave for China today

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President Anura Kumara Disanayake is set to depart the country this evening (Jan. 13) for a four-day state visit to the People’s Republic of China.

This visit, taking place from Jan. 14 -17, is undertaken at the invitation of Chinese President Xi Jinping.  

During the visit, President Disanayake will hold discussions with President Xi Jinping and Premier Li Qiang, as well as engage with other senior Chinese officials to strengthen diplomatic ties.  

The agenda includes key focus areas such as technology, agriculture, and poverty alleviation. The President is also scheduled to visit strategic facilities and participate in high-level business forums aimed at enhancing economic collaboration and investment opportunities.  

A series of bilateral agreements to deepen mutual understanding and cooperation between Sri Lanka and China will be signed during the visit.  

This marks President Disanayake’s second international state visit since assuming office and is considered a pivotal step in fortifying the longstanding partnership between Sri Lanka and China. It is anticipated that the visit will significantly advance bilateral relations, particularly in the areas of trade, investment, and economic cooperation. 

(President’s Media Division)

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