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The Latest Breaking News from Insurance

Insurer misled with claim on pre-existing conditions

Health insurer HCF wrongly claimed it could deny coverage to someone with a pre-existing condition, even if they had not been diagnosed when signing up.

AAP

Keir Starmer will ‘embrace harsh light of fiscal reality’ ahead of Budget

The prime minister will warn of ‘unprecedented’ economic challenges as he delivers a speech in the West Midlands today

The Independent UK

Election May Decide Health Coverage Fate for Millions as Some Affordable Care Act Subsidies Are Set to Expire

Chrysa Ostenso — who operates the only optometry practice in Rusk County, Wisconsin — worries about keeping her doors open if Biden-era tax credits end.

Capital & Main

From analysis to the latest developments in health,
read the most diverse news in one place.

‘Danger in my back yard’: residents in a wildfire-prone California town eye more Yosemite tourism with unease

As a new glamping development seeks to open in the region hammered by extreme weather, Mariposa locals are fighting back

The Guardian - US

Labour’s tax rises will not hit workers’ payslips, minister vows

Bridget Phillipson says employees will not see higher taxes as Rachel Reeves prepares to deliver first Labour budget

The Guardian - UK

Rachel Reeves has promised not to raise taxes, so how can she fill budget coffers?

Chancellor said to be planning measures including raising employer NI contributions and capital gains tax rates. We consider the likelihood of each and the potential for a row

The Guardian - UK

The climate stakes of the 2024 election

From public health to public lands, here are 15 ways the next president could affect the climate and your life

Salon

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Voices: Rachel Reeves might just get away with breaking her promise – here’s how

George Bush Sr and Nick Clegg paid the price for making U-turns, but other politicians have escaped the voters’ wrath – could the chancellor, too?

The Independent UK

Republicans’ healthcare proposal if Trump wins? More private Medicare

Medicare Advantage plans promise enticing benefits such as free monthly premiums for drugs benefits, but problems start when people fall ill

The Guardian - US

Keir Starmer denies Labour misled public on tax rises amid NI hike reports

Manifesto ‘really clear’, PM says as chancellor said to be poised to increase national insurance rate for employers

The Guardian - UK

Market Dips Can Be Retirement Busters: Ways to Guard Yourself

It's harder for retirees to bounce back from stock downturns, so you need an income strategy (and a portfolio) that's resilient.Chris

Kiplinger

Reeves set to increase employers’ national insurance contributions

The measures will reportedly impact the private sector - with public bodies reimbursed by the Treasury

The Independent UK

Call it The Boss battleground ‘insurance policy’ - Roll Call

As other Democratic presidential nominees have, Vice President Kamala Harris is trotting out celebrities as the campaign nears its end.

Roll Call

Your Kid Is a New Driver: Will Your Car Insurance Take a Hit?

Most likely, but you can try to lessen the blow by asking about discounts and teaching your child as much as you can before they get their license.Karl

Kiplinger

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Evening Standard

Budget 2024: Rachel Reeves would hit pensions of millions with NI raid on employers, warns Lord Blunkett

The Labour peer made the last minute intervention, just days before the October 30 Budget, on increasing National Insurance on pension contributions by companies

Tom’s Guide

800,000 people just had their full names, SSNs and more exposed in massive insurance admin company data breach

The insurance administrative services company Landmark Admin fell victim to a cyberattack that allowed hackers to gain access to loads of sensitive personal information.

Evening Standard

Home Office launches new charter in ‘crackdown’ on insurance fraud

It comes as fraudulent insurance claims detected by the Association of British Insurers (ABI) topped £1.1 billion in 2023.

The Guardian - US

Patients and employers accuse not-for-profit Indiana hospital of price gouging

Lawmakers and residents speak out against Parkview after the Guardian investigated the hospital chain for high costs

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Autosport

Brown closes on Black in Ryan Motorsport Insurance Autosport National Rankings

Just two wins now separate the first five drivers in the Ryan Motorsport Insurance Autosport National Rankings after Dan Brown returned to the top three following success last weekend.

AAP

Insurer's disaster claims running well under budget

Insurer IAG had relatively fewer natural peril claims in the first quarter of 2024/25, but CEO Nick Hawkins says everyone realises how quickly that can change.

The Independent UK

Rachel Reeves set to borrow billions for investment after announcing major change to fiscal rules

Ex-Tory chancellor Jeremy Hunt warns he was advised by the Treasury that ‘increasing borrowing meant interest rates would be higher for longer – and punish families with mortgages.’

The Guardian - UK

A driving test at 80, then a car insurance price crash

Brief letters: Driving for over-80s | Football managers | Virgin Mary | Employment rights | House of Lords

Reason

Biden and Harris Propose 'Free' Condoms Covered by Insurance Companies

The proposal "could result in higher costs to consumers," the government acknowledges.

Evening Standard

Rayner and Dowden clash over prospect of Budget tax rises at ‘battle of gingers’

The two took centre stage at Prime Minister’s Questions because of Sir Keir Starmer’s visit to Samoa.

Kiplinger

Limited Liability Companies (LLCs): How Assets Are Protected

An LLC can prevent problems with assets within the LLC from affecting assets outside the LLC, but there are limits to asset protection.

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