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The Latest Breaking News from Insurance

NZers want climate risks reduced but refuse to pay the price upfront

Analysis: A survey shows just 1 in 5 NZers would pay more to subsidise the costs for people who live in high-risk locations. But in the end, we all pay, writes Jonathan Milne.

Newsroom.co.nz

Insurance Giants Win, Car Dealers Lose: The Massive Hidden Winners of Trump's Right-to-Repair Order

Donald Trump's new 'freedom to fix' memorandum tells US regulators to ease rules on aftermarket parts and emissions repairs, a shift that quietly boosts insurers, independent garages and parts makers.

International Business Times UK

Two general insurance licences approved since 100% FDI move by govt: Irdai chairman Ajay Seth

India's insurance regulator has greenlit two proposals for 100% foreign ownership in general insurance firms, following the government's FDI liberalization. The much-anticipated BIMA Sugam platform, aiming for zero-commission policies, is slated for launch by September's end. Additionally, the Irdai is preparing distribution reforms to combat misselling and has established a…

The Economic Times

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Hormuz, Suez, Taiwan Strait: Why the world’s supply chains now need war-room planning

Global supply chains face unprecedented threats as maritime chokepoints become geopolitical battlegrounds. The US-Iran conflict highlighted how disruptions in vital waterways like the Strait of Hormuz and Bab el-Mandeb trigger widespread economic fallout, from soaring freight rates to increased inflation. Other critical routes, including the Suez, Taiwan, Malacca, and Panama…

The Times of India

My wife and I declared diabetes in our health insurance policy. Will it cover new illnesses too?

ET Wealth Reader's Query: My wife and I have had a floater health insurance policy for over four years. We declared diabetes as a pre-existing condition. Now we have high cholesterol and mild fatty liver. Will my insurance cover pre-existing and new illnesses?

The Economic Times

Laura Lee Appelgate On Why Insurance Deductibles Are Stalling the Restoration Industry

According to Applegate, homeowners are often unaware of the complexity surrounding their own policies. Coverage structures evolve, and critical details only surface during a claim. Appelgate highlights how shifts from replacement cost value to actual cash value can significantly alter out-of-pocket obligations.

International Business Times

Medicare will soon cover costs of weight-loss drugs. Here’s what you can expect to pay.

The Independent UK

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This summer's heat is a live stress test for data centers — here's what it's revealing in real time

Almost 80% of global data centers face some form of climate risk, and it could cost developers trillions in the coming decades.

Fortune

7 Key Financial Steps to Take Before You File for a Gray Divorce

Contemplating a gray divorce? Before calling in the lawyers, take time to understand your financial situation and the impact of dividing assets later in life.

Kiplinger

Annuities Can Have Unpleasant Tax Side Effects: Here's the Surprising Antidote

If you hold money in a non-qualified annuity, the IRS will eventually come calling for its share of any gains. It pays to explore tax efficiency ahead of time.

Kiplinger

Turtlemint Fintech shares list at 11% discount to IPO price on NSE, BSE

Turtlemint Fintech Solutions experienced a subdued market debut, with shares listing at a discount to their IPO price on both NSE and BSE. This followed expectations from the unlisted market, which had indicated a negative grey market premium. The company's Rs 883 crore IPO, aimed at strengthening technology and expanding…

The Economic Times

What Happens If Someone Gets Hurt on Your Property? Here’s What Most Owners Don’t Know

A backyard barbecue, a package delivery, or a quick visit from a neighbor can seem completely routine until someone slips, trips, or falls. In a matter of seconds, an ordinary day can turn into a stressful situation that raises questions about responsibility, insurance, and potential legal consequences. Many property owners…

Clever Dude

Belgian National Championships: Shari Bossuyt outpowers Lotte Kopecky for emotional bunch sprint victory

Sandrine Tas rounds out podium after Kopecky chases down late attacks but loses final battle

Cycling News

Millions of Americans Drop Health Insurance After Facing Shocking Triple-Digit Premium Hikes As Obamacare Subsidies Evaporate

The expiration of enhanced Obamacare subsidies has led to a significant drop in health insurance coverage, with millions of Americans unable to afford the increased premiums.

International Business Times UK

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The Guardian - UK

Rising cost of insuring against climate crisis will have wider knock-on effects for UK economy

As extreme weather events become more common, economists say government will need to take more active role to protect consumers

The Economic Times

Adulting 101: Why financial protection isn't just for parents

The article highlights why financial protection should begin early, not just after major life milestones. It explains how buying a term insurance plan in your 20s or 30s can secure lower premiums while strengthening long-term financial stability. The piece also explores how early planning safeguards future goals and loved ones.…

The Times of India

Millions drop Obamacare after Trump-backed subsidy rollback sends premiums soaring

Millions of Americans have lost their Obamacare health insurance as enhanced federal subsidies expired, causing premium costs to skyrocket. Over five million have dropped coverage, leading to a significant enrollment drop. While the Trump administration points to fraud, experts attribute the decline to unaffordable premiums, raising concerns about market stability…

The Canberra Times

Local builder insolvencies expose a massive gap in ACT safety nets

A change in the law gave protection, but not everyone qualified.

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The Independent UK

Millions drop Obamacare health coverage after subsidies expire and costs rise

New federal figures show that about 3 million fewer people had Affordable Care Act health insurance plans in February compared with the same time last year

The Economic Times

NEET fix as exams are getting messier

Following the NEET paper leak, a re-test offered relief to millions. This highlights the immense scale of Indian examinations and the need for insurance. General insurers could design policies for candidates and testing agencies, covering risks like leaks, accidents, and cancellations. Drawing parallels from celebrity and sports event insurance, this…

The Economic Times

Bharat Taxi to expand to over 500 cities in two years: Union minister Amit Shah

Union Minister Amit Shah announced Bharat Taxi's ambitious expansion to over 500 cities within two years, including major metros like Mumbai and Kolkata. This cooperative-led, driver-owned ride-hailing service, launched in Gujarat, empowers drivers as co-owners and beneficiaries. Beyond fares, it promises financial support, insurance, and loans, aiming for driver prosperity…

Fortune

The 30-year fixed mortgage was supposed to be predictable. Two costs quietly broke that promise

A new survey shows 40% of homeowners said they’ve considered moving because their property taxes have gotten so high.

The National (Scotland)

Scottish construction firms 'pushed to the brink' by Labour government policies

THE Labour government has been warned that its tax rises and soaring costs are pushing Scottish construction firms “to the brink” with hundreds…

The Economic Times

'It costs Rs 1.5 lakh a month just to exist': Indian-origin man asks if Rs 4.6 lakh is enough in Bengaluru

An Indian-origin man's detailed monthly budget for relocating to North Bengaluru after 15 years in the US has sparked a lively Reddit discussion. Earning Rs 85 lakh annually, he estimated a take-home of Rs 4.6 lakh, but questioned if his Rs 1.5 lakh essential expense forecast was realistic. Reddit users…

Motor1

Man Goes To Toyota Dealership For 4Runner. Then He Calls His Insurance Company To See What His Rate Would Be: 'Don’t Do That'

"Your payment on the 4Runner is gonna be..."

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