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The Latest Breaking News from Insurance

Five common banking mistakes – and how to avoid making them

If you are sticking loyally with a bank, using an overdraft or failing to read the small print, you may well be losing out

The Guardian - UK

In Your 50s? We Need to Talk About Long-Term Care

Many people don't like thinking about long-term care, but most people will need it. This financial professional recommends planning for these costs as early as possible to avoid stress later.

Kiplinger

Over Half of Americans Stumble Financially After Losing a Loved One. Are You Prepared?

Losing a loved one can be overwhelming, and for many, it also puts an unexpected strain on their finances, a study shows

Kiplinger

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Social Security Pop Quiz: Are You Among the 89% of Americans Who'd Fail?

Shockingly few people have any clue what their Social Security benefits could be. This financial adviser notes it's essential to understand that info and when it might be best to access your benefits.

Kiplinger

The Hidden Costs of Car Accidents: What the Headlines Don’t Reveal

Car accidents don’t end when the debris is cleared. While headlines focus on the immediate wreckage, the true toll often lies in the aftermath—ongoing medical bills, lost income, emotional trauma, and hidden insurance pitfalls. These unseen consequences can devastate lives long after the crash. From missed promotions to rising prescription…

inkl

Hail Damage Insurance Claims: Is Filing Worth the Cost and Hassle?

Before filing a hail damage insurance claim, understand the potential costs, risks and whether it's worth the effort. Learn when to file and when to pay out of pocket.

Kiplinger

Outrage as State Farm General To Raise Insurance Rates in California Up To 38% Starting Next Month

State Farm will raise California insurance rates by up to 38% from 1 June, prompting backlash over affordability and lack of transparency. A review is due in October.

International Business Times UK

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Five Smart Ways to Use Your Life Insurance While You're Still Alive

Life insurance can do more than just provide for your heirs — here’s how to maximize your policy while you’re still here.

Kiplinger

Five Water Damage Risks Homeowners Forget About — and Why Insurance Won’t Always Cover Them

Water damage is one of the most common — and costly — home repairs. Here's what your policy may not protect against, and how you can avoid major headaches.

Kiplinger

UnitedHealth Group shares plunge after report of Medicare fraud inquiry

Justice department investigation into health insurance giant reported as company’s CEO says he will retire

The Guardian - US

Line draws up to sixth in Ryan Motorsport Insurance Autosport National Rankings

Monoposto ace George Line is the highest-placed improver in the Ryan Motorsport Insurance Autosport National Rankings this week after scoring a hat-trick of wins at Anglesey.

Autosport

The rich flocked to Florida. Then property taxes and condo assessments caught them by surprise

Moving to Florida is "just not tax free."

Fortune

The Four D's That Could Force You to Sell Your Business

Business owners (or their heirs) can be rushed into a sale of their company if they haven't planned for a major change in circumstances — or the four D's.

Kiplinger

California approves State Farm’s request for 17% premium increase for homeowners

Insurance provider says rate hikes are necessary to help the company avoid a ‘dire’ financial crisis

The Guardian - US

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MarketBeat

4 Recent Earnings Winners Riding Fresh Momentum in May

Four companies experienced significant short-term rallies following better-than-expected earnings; can they maintain momentum going forward?

The Guardian - UK

UK watchdog launches investigation into Aviva’s £3.7bn takeover of Direct Line

CMA has up to 40 working days to evaluate agreement’s possible impact on competition in insurance sector

Kiplinger

Do You Need Disability Insurance? Three Things to Know

Disability insurance can help replace some of your income during unexpected life events. Here are the basics, courtesy of a financial professional.

The Independent UK

California approves State Farm's request for 17% premium increase for homeowners

State Farm can soon start raising premiums by 17% for its California home insurance customers

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Evening Standard

FCA unveils plans to remove ‘outdated or duplicated’ insurance rules

The regulator said it will reduce regulatory costs and increase the competitiveness of the UK insurance sector.

Beating Broke

10 Ways to Crush Medical Debt Without Destroying Your Life

Medical debt can be crushing. In fact, 58.5% of respondents to a 2019 study published in the American Journal of Public Health said medical expenses contributed to their bankruptcy. Don’t let medical debt destroy your life. Here are 10 ways to reduce your debt and work on repayment without losing…

The Independent UK

Drivers losing thousands to ghost broker scams – the red flags to watch out for

Anti-fraud bodies have warned the impact on victims buying fake motor insurance policies can be ‘devastating’.

Euronews

UK wage growth cools ahead of national insurance hike for businesses

UK wages lagged as businesses dealt with increasing cost pressures and growing economic and geopolitical uncertainty.

The Conversation

Why do cuts to Medicaid matter for Americans over 65? 2 experts on aging explain why lives are at stake

Republicans in Congress intend to cut about US$880 billion in federal health care spending.

Barchart

What Are Wall Street Analysts' Target Price for Erie Indemnity Stock?

While Erie Indemnity has lagged behind the broader market over the past year, analysts acknowledge the company’s stable, fee-based business model and consistent cash flow generation and maintain a reasonably upbeat outlook on its future potential.

Euronews

Munich Re reports wildfire losses but sticks with profit outlook

Germany’s reinsurance giant took a serious hit from the US wildfires, dragging down the company’s property and casualty reinsurance segments and almost halving Munich Re’s net earnings.

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