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The Latest Breaking News from Insurance

Few have flood insurance to help recover from devastating Midwest storms

Many Midwestern homeowners hit by bad flooding this week do not have flood insurance

The Independent UK

The U.S. is about to get slammed by a ‘very active’ hurricane season—but the carnage could be good news for these five insurance stocks, analyst says

“If this grim forecast comes to fruition, it will likely buoy pricing” for insurance, says CFRA Research's Catherine Seifert.

Fortune

Housing insurance is melting down in several property markets as climate change renders old assumptions obsolete

The first time a property floods, it’s an insurance problem, and maybe the second time, but after that, it’s an equity and debt problem.

Fortune

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Woman Is Paying $700 Monthly For A Tesla She Can't Drive: 'Go Get Gap Insurance!'

Drea's new Tesla could cost more if totalled. Gap insurance could've covered the difference. Learn from her story.

International Business Times UK

Companies are finally increasing their cybersecurity protection — to get better insurance

Sophos says companies are upping protection to get better cyber insurance premiums, but that’s a good thing.

TechRadar

How Ricciardo's F1 future hangs in the balance

Five months ago it looked like the safest seat in Red Bull's Formula 1 stable. An eight-time race winner parked at RB, while offering its A-team an insurance policy.

Autosport

39% more bogus insurance claims detected by major insurer

Aviva said it detected around 30 bogus claims per day last year.

The Independent UK

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32 of the best travel tips for your next cruise holiday

Planning a cruise? Read this first

Woman & Home

Pet Ownership: What It Really Costs to Own a Dog or Cat

What's the true cost of pet ownership? Here's how much you should expect to pay when adopting a new furry friend.

Kiplinger

Tesla Cybertruck's Massive Wiper Triggers Recall Of 12,000 Trucks

Today on Critical Materials: Tesla recalls 12,000 Cybertrucks for faulty gigawiper, Americans want to own their car data, and EV charging signage needs help.

InsideEVs

12% Americans Don't Have Home Insurance: Why More Homeowners Don't Think The Rising Prices Are Worth It

Americans are increasingly dropping their homeowner insurance policies or falling behind on payments amid high living costs and rising coverage premiums.

International Business Times UK

How to Donate Your Life Insurance Policy to Charity

Donating an unneeded life insurance policy to charity can extend your charitable legacy. To maximize that gift, consider methods that may reduce your tax burden.

Kiplinger

Rebuilding Paradise: Nonprofit's $500 'defensible space' grants help cut residents' insurance costs

Five years after the 2018 Camp Fire killed 85 people and destroyed 90% of the homes here, residents of Paradise, California, face a new struggle: Finding homeowner's insurance

The Independent UK

Why has the cost of home insurance suddenly gone through the roof?

Renewal quotes have soared by 42%, on average, in the year to April

The Guardian - UK

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Newslaundry

India’s gig workers remain undocumented, unprotected

Savita* was shocked to discover that her Urban Company ID had been blocked in February 2023 because she did not meet the monthly target of 40 clients. “My mother-in-law passed away and I took a break of one month from work. I was left without any means of income,” the…

Top News

Federal Appeals Court Rules On Employer Health Insurance Requirements

5th U.S. Circuit Court ruling affects preventive care coverage for certain employers under Obamacare. Learn more about the recent federal appeals court dec...

The Independent UK

Federal appeals court says some employers can exclude HIV prep from insurance coverage

Eight employers who challenged some federal health insurance requirements cannot be forced to provide no-cost coverage for certain types of preventive care, including HIV prep and some kinds of cancer screenings, a federal appeals court in New Orleans ruled Friday

Reason

New York Lawmakers Threaten To Ban Insurance for Fossil Fuel Projects

The bill would banish insurance companies from the state if they invest in companies profiting from oil and gas.

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International Business Times

As Hurricane Season Ramps Up, Insurance Providers Are Dropping Clients In High-Risk Areas

While homeowners may be surprised to find that their insurance provider will not be renewing their policies, the news is perhaps nothing new for those working in the insurance industry.

Barchart

Is Aflac Incorporated Stock Underperforming the S&P 500?

Aflac has been underperforming the S&P 500 recently, and analysts remain cautious about the stock’s prospects.

Barchart

Is American International Group Stock Underperforming the S&P 500?

American International Group recently underperformed the S&P 500, but Wall Street analysts are moderately optimistic about the stock’s prospects.

The Independent UK

General election manifestos: Where do the main parties stand on key areas from NHS to immigration

The Independent’s guide to all the major party manifestos ahead of the general election

Autosport

Brown back to the top of Ryan Motorsport Insurance Autosport National Rankings

Dan Brown has returned to the top of the Ryan Motorsport Insurance Autosport National Rankings after adding another victory to his tally last weekend. Brown has continually oscillated between the top few spots on the leaderboard ever since Autosport began producing its winners' tables last month. But, after taking a…

Newslaundry

Editorials on heatwave point to infra burden, food security threat, need for parametric cover

India has been reeling under a prolonged heatwave, with over 100 deaths and around 40,000 suspected heat stroke cases. Cities are dealing with high power demand, the poor and sick are left more vulnerable, hospitals are seeing a surge in patients, and birds are collapsing from the sky.

inkl

A Guide to Proving Property Damage After a Car Accident

Car accidents are stressful experiences, and dealing with the aftermath, especially calculating damages in car accident claims, can feel overwhelming.

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