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The Latest Breaking News from Insurance

Rising Costs And Uninsured Losses From Monstrous Hurricanes

Hurricanes Helene and Milton highlight the urgent need for proactive measures to address increasing risks of severe weather events.

Top News

Texas’ order to ask hospital patients’ citizenship status renews focus on the state’s large uninsured population

On Nov. 1, hospitals will begin asking patients their citizenship status. But data suggests uninsured citizens, not immigrants, cost Texas hospitals more.

The Texas Tribune

Dying man prosecuted in fast-track court over lapsed van insurance

The case was dealt with in the Single Justice Procedure, a secretive fast-track courts system which the government is under pressure to reform

Evening Standard

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How Much Should I Spend on a Car?

When it comes time to upgrade to a new car, most people skip straight to picking out their dream make, model, color, and features. They often skip over the most important questions – how much can I afford and how much should I even spend to buy a new car?

inkl

Angela Rayner leads Cabinet revolt against Reeves’ ‘huge’ Budget cuts

Senior ministers are pushing back against cuts as Rachel Reeves finalises her first Budget as chancellor

The Independent UK

‘It’s shameful and I won’t pay it’: flood-hit Italians rage against insurance call

The destruction in northern Italy has ignited debate in a country where just 6% of homes are insured against natural disaster

The Guardian - UK

JD Vance claims his mother obtained health insurance under Trump. She used Obamacare

Trump unsuccessfully attempted to repeal Obamacare during his presidency

The Independent UK

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Hurricanes Milton and Helene set to join the ranks of most costly storms - both with damage estimates more than $50 billion

Experts in economics, insurance and risk say both hurricanes are likely to be in the pantheon of super-costly $50 billion disasters

The Independent UK

The £40bn question: How will Rachel Reeves balance the books?

Chancellor boosted by a surprise drop in inflation after the cabinet is warned she may need to find £40bn in taxes and borrowing in her Budget, dwarfing previous estimates of the fiscal ‘black hole’

The Independent UK

Sunak has checked out, leaving Starmer looking even more startled than usual

Forget the Taylor Swift debacle or broken promises over national insurance, Rish! just wanted to ask about China

The Guardian - UK

Three Tax Reasons to Retire in Panama in 2025

With low property taxes and tax-free foreign income, this tropical paradise could make you rethink retirement as a U.S. expat.

Kiplinger

Another study points to correlation between helmet use on motorcycles and odds of survival

A new study compiling decades of fatal motorcycle crashes is being released by the Insurance Institute for Highway Safety, which is pushing for stricter state road safety laws

The Independent UK

Study to probe whether people who borrow to pay for insurance receive fair deals

The Financial Conduct Authority has launched a competition market study into premium finance for home and motor insurance.

The Independent UK

TRADE: Vikings acquire running back Cam Akers from the Houston Texans

The Minnesota Vikings saw what their running game turned into with Aaron Jones being hurt, and they got some insurance.

USA Today Sports Media Group

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The Texas Tribune

Texas rejects insurance rate increase for coastal homeowners, businesses

Texas Windstorm Insurance Association officials argued they needed a 10% rate increase to help insure a growing number of policyholders.

The Independent UK

How will the employer National Insurance rise affect you?

One expert has called the Labour measure a “straightforward breach” of its manifesto

The Independent UK

After hurricanes, the business of rebuilding lives means navigating the insurance claims process

Now that the threat of Hurricanes Helene and Milton has receded, millions of homeowners and business-owners across Florida and the Southeastern U.S. are faced with traversing the often long and laborious process of using insurance to rebuild their lives

Top News

Disgraced Attorney Ordered To Pay 0,000 Settlement To Family

Disgraced attorney Alex Murdaugh ordered to pay 0,000 settlement to Mallory Beach's family through insurance. Manipulation attempts revealed.

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The Independent UK

Budget 2024: Rachel Reeves reveals £40bn in tax hikes and boost to NHS spending in historic speech

Chancellor promised to ‘invest, invest, invest’ after months of bleak warnings over economy

Barchart

Chubb's Quarterly Earnings Preview: What You Need to Know

Chubb is set to release its third-quarter results later this month, with analysts forecasting a modest increase in earnings.

The Guardian - UK

UK employer national insurance hike threatens jobs and pay rises, firms warn

Business body covering pubs, hotels and restaurants says budget tax change would increase costs

Kiplinger

UnitedHealth Stock Leads Dow Lower After Earnings: What to Know

UnitedHealth Group stock is sinking Tuesday after the insurance giant revised its full-year profit outlook.

The Guardian - UK

What are employer national insurance contributions and what would raising them do?

Rachel Reeves has hinted she plans to put up the tax in the budget but some businesses have voiced concerns

Evening Standard

OPINION - The Standard View: Voters may have missed the (very) small print on Labour's national insurance promise

Did Labour rule out a rise to National Insurance Contributions in its election manifesto? The document states that the party would “not increase taxes on working people”, including NICs. Yet every day, the signal grows clearer that employer National Insurance is set to rise.

Evening Standard

Jobs in London pubs, restaurants and hotels at risk from National Insurance hike, warn hospitality chiefs

Chancellor Rachel Reeves is also believed to be considering raising capital gains tax to fix Britain’s dire public finances

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