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The Latest Breaking News from Insurance

What is divestiture and how would it stop insurance companies ‘ripping off’ customers?

Australia is creeping towards adding a divestiture power to its Competition and Consumer Act.

The Conversation

E-scooters linked to stark increase in teen lawbreaking

The number of 13- to 16-year-olds committing this offence has skyrocketed 2,200 per cent

The Independent UK

E-scooters blamed for big jump in children caught in UK driving without insurance

Hundreds of teenagers have been given an IN10 police endorsement since 2020, says road safety charity

The Guardian - UK

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Air fryers causing tens of thousands of pounds worth of damage, says insurer

Aviva is urging people to make sure they are using air fryers correctly and following manufacturers’ guidance.

The Independent UK

E-scooters blamed for rise in children caught using a vehicle without insurance

Ministers have been urged to introduce new legislation on the devices by Charity IAM RoadSmart.

The Independent UK

Optimizing supply chains to reduce consumer costs

Rising costs, particularly the increase in National Insurance costs coming into effect in April, are putting significant pressure on retailers’ margins.

TechRadar

‘Disaster amnesia’: The Los Angeles wildfires revealed a deeper, more vicious cycle that has plagued California for decades

The secret is out, but the charred remains of LA neighborhoods still might not be enough to change the Golden State’s approach to housing.

Fortune

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Record £11.7bn paid in motor claims in 2024 says Association of British Insurers

The average cost of motor cover across 2024 was £622 – 15%, or £78, higher than 2023.

Evening Standard

Presidents and Social Security: How Presidents Have Impacted America's First Social Insurance Policy

Since its inception in 1935, Social Security has expanded its mission and reach. Here is how each president from Roosevelt to Trump has impacted Social Security.

Kiplinger

4 Ways to Lower Your Home Insurance Premium in 2025

Learn how to reduce your homeowners insurance premiums with these four effective strategies.

Kiplinger

MoneySupermarket firm raises dividend as insurance boosts revenues

Shares in Mony Group lifted higher in early trading on Monday as a result.

The Independent UK

Climate risk main reason premiums are rising: insurers

Breaking up big companies is no silver bullet to keep insurance premiums affordable, the sector says.

AAP

UK Government urged to rethink ‘tax on jobs’ due to impact on Scottish economy

The UK Government has been urged to reconsider its increase to employer National Insurance contributions before it causes “lasting damage” to…

The National (Scotland)

Embattled casino operator Star offered $650m lifeline – as it happened

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The Guardian - AU

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The Conversation

NDIS reforms aim to make the scheme fairer. But we’ve found the groups struggling to gain access

When the National Disability Insurance Scheme (NDIS) was established in 2013, one of its driving aims was to make disability services and support systems fairer.

Kiplinger

Three Reasons It May Be Time for an Annuity 'Refresh'

Because of higher interest rates, inflation and newer annuity products, you could get a better deal today. Don't wait, though: Interest rates could start falling.

The Conversation

View from The Hill: government nabs Coalition policy on foreigners buying houses, Dutton eyes action on insurance companies

With the unembarrassed audacity parties show as an election nears, the government has stolen the opposition’s policy to ban foreign investors buying established homes.

The Guardian - AU

‘People are paying too much’: Coalition could break up big insurance companies, Dutton says

Opposition leader says more competition needed as growing numbers unable to afford home and car insurance

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The Independent UK

Car insurance costs: The tricks to lower your annual premiums

Have you considred a black box?

Golf Monthly

Ludvig Aberg Reveals Details Of Mystery Illness That Forced Pebble Beach Pro-Am Withdrawal

The Swede revealed the extent of the mystery illness that began at the Farmers Insurance Open and led to him withdrawing from the Pebble Beach Pro-Am after the first round

The Guardian - US

More than 80% of new California properties are in high fire-risk areas

And the problem isn’t limited to the region – across the US, nearly a third of homes are at high risk

Kiplinger

Trusts for Child Influencers: What Families Need to Know

As video blogging, or vlogging, gains popularity (and profitability), new laws are shaping financial obligations for caregivers of young creators.

The Independent UK

Major Michigan insurer in talks to settle lawsuits over fired workers and COVID-19 vaccine

Records show a major Michigan insurance company is in talks to possibly settle more than 100 lawsuits by employees who were fired after declining to get a COVID-19 vaccination

Capital & Main

Burned: “Good Neighbor” State Farm Seeks Huge Rate Hikes After L.A. Fires

Will Insurance Commissioner Ricardo Lara bow to the industry giant or protect disaster-stricken Angelenos?

Kiplinger

Happy Valentine's Day: Are You Committing Financial Infidelity?

You may not even realize you're betraying your partner's trust regarding money issues. Here are some strategies to prevent and address financial dishonesty.

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