The Latest Breaking News from Insurance

Saga ‘significantly ahead’ of growth plans as turnaround bears fruit

The over-50s travel and insurance group saw shares jump higher in early trading as a result.

Evening Standard · Sep 30

Texas seniors are getting a huge property tax break. Everyone else is picking up the tab.

State lawmakers passed generous homestead exemptions that have allowed some 60% of Texas homeowners age 65 and up to pay $0 in school property taxes.

The Texas Tribune · Sep 30

Only ₹2 lakh was paid by Star Health against a claim of ₹4.28 lakh, citing a sub-limit clause: Here’s why the policyholder won ₹2.28 lakh more

A recent case involving Star Health and Allied Insurance highlights the complexities of health insurance policies with disease-specific sub-limits. After a renewal and an increased sum insured, a claim for cerebrovascular accident treatment faced limitations due to alleged sub-limits. The consumer commission found deficiencies in service, raising important questions about…

The Economic Times · Sep 30

Serbia and Albania: Two European Countries Indians Can Visit Without a Schengen Visa

Why These Two Countries Matter for Indian Passport HoldersThe Indian passport allows visa-free or visa-on-arrival entry to roughly 60 destinations. Europe, almost entirely locked behind the Schengen visa process, has been the hardest wall to clear. Serbia and Albania are the exceptions that most Indians overlook. Serbia allows Indian nationals…

Times Life · Sep 30

Geico has one of advertising’s most famous mascots. Its CMO says that’s no longer enough

Geico’s CMO wants to overhaul the insurer’s marketing for an era when AI could change how consumers buy insurance.

Fortune · Sep 29

8 Bills That Post in Late September and Clear in October—Double-Charging Your Next Budget

A bill dated September 29 can feel harmless until the money actually leaves your checking account in October. That month-end bill timing can make October look unusually expensive, especially when new monthly obligations arrive before September transactions finish clearing. It is usually not true double billing, but the cash-flow effect…

Everybody Loves Your Money · Sep 29

Competition Commission okays BNP Paribas-IndiaFirst Life Insurance deal

Competition Commission of India approved BNP Paribas Cardif's proposal to acquire a 26% stake in IndiaFirst Life Insurance Company Ltd. The stake will be purchased from private equity company Warburg Pincus. The insurance firm said step in its international growth and diversification strategy and strengthens its presence in India. In…

The Economic Times · Sep 29

Storm-Chaser Roofers Are Knocking Again: The One Line in Their Contract That Signs Away Your Insurance Check

A hailstorm rolls through, shingles scatter across the lawn, and within days someone is knocking at your door offering a “free” roof inspection. Storm-chaser roofers often move quickly after damaging weather, when homeowners are worried about leaks and eager to start an insurance claim.

Everybody Loves Your Money · Sep 29

Billionaire Mark Cuban Says Healthcare Costs Your Family More Than 5 Times What You Pay in Federal Income Tax — And That’s Before You Get Sick

Mark Cuban says healthcare for a family of five can cost 5 times their federal income tax, before deductibles and out-of-pocket costs.

Barchart · Sep 29

Takeaways from the AP's analysis on the fundamental flaws in the national flood insurance program

As climate change increases the risk of flooding across many parts of the United States, fewer people are buying flood insurance

The Independent UK · Sep 29