{
  "id": 5206317,
  "title": "Insurers plan floor for fire cover to avoid large burns",
  "url": "https://urgent.news/2026/09/02/insurers-plan-floor-for-fire-cover-to-avoid-large-burns",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-02T20:00:33.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/insurers-plan-floor-for-fire-cover-to-avoid-large-burns/articleshow/133722583.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Non-life insurers are considering a minimum rate for fire insurance's natural catastrophe component. This move follows concerns about steep discounts exposing the industry and reinsurers to losses. The Insurance Regulatory and Development Authority of India chairman also expressed worries about insurer financial health. Aggressive pricing and recent fire losses in Gujarat have fueled these…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}