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The Latest Breaking News from Insurance

FDA approves Zepbound, a new obesity drug that will take on Wegovy

Eli Lilly said the obesity medicine, which helped adults in clinical studies lose about 20% of their body weight, will be available in the U.S. by the end of the year. The list price will be $1,060.

WEKU

Home Insurers To Be Scrutinized In Climate-Risk Study

For the first time, property insurers will send data, including recent coverage pullbacks in several states, to the Treasury Department for a climate-related financial risks study.

Kiplinger

In Michigan, #RestoreRoe abortion rights movement hits its limit in the legislature

Last year, Michigan voters put the right to abortion in the state constitution. This year, the state legislature kept a 24-hour waiting period and said Medicaid can't pay for the procedure.

WEKU

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29% annual jump in average price paid for motor insurance

Delays in repair and supply chains, the rising cost of raw materials and increasingly sophisticated car technology are feeding into insurance costs.

The Independent UK

Lloyd’s of London slavery review fails to settle heated question of reparations

Insurance market’s honesty is welcome, as is £12m programme to increase ethnic diversity in workplace, but more must be done

The Guardian - UK

Lloyd’s of London accused of ‘reparations washing’ over response to slave trade review

World’s biggest insurance market played ‘significant role’ in transatlantic trade, research finds

The Guardian - UK

Trump court theatrics could backfire

Legal experts say Trump's blowup at the judge was aimed at audience outside the courtroom

Salon

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Warren Buffett’s Berkshire Hathaway Reports Record Cash Holdings And Strong Operating Profit

Berkshire Hathaway's Cash Holdings Reach Record High of $157 Billion as Operating Profit Soars.

Zenger

Exeter University waits for ruling on appeal over Second World War bomb

Allianz Insurance won a High Court fight after refusing to pay out on a claim for damage caused by the disposal of an unexploded German bomb.

The Independent UK

Top 3 Dividend Stocks to Buy in November

Despite a robust stock market rally, experts are urging caution and a more prudent investment approach in November. Therefore, fundamentally solid dividend-paying stocks Vodafone (VOD), W. R. Berkley (WRB), and CNA Financial (CNA) might be ideal buys this month. Read more.

StockNews.com

Are You Ready to Retire? Find Out With This 10-Item Checklist

It’s critical to consider these core aspects of a successful retirement, both financial- and lifestyle-related, before you walk away from your career.

Kiplinger

Married couple allegedly 'staged' car crash to defraud insurance companies

'This collision was not an accident,' a jury heard.

The Canberra Times

Is it safe to visit Lebanon? Foreign Office advice as Britons encouraged to leave

The UK has warned citizens not to go to the Middle East country

The Independent UK

How are people supposed to rebuild Paradise, California, when nobody can afford home insurance?

Efforts to rebuild a California town nearly wiped out by wildfire five years ago are being stymied by high home insurance costs

The Independent UK

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The Hindu

How this techie-turned-farmer from Kerala has tasted success

An IT professional, Sameer P. from Mannar in Kerala ventured into paddy farming by chance four yrs ago and has made it big, expanding cultivation to 320 acres. He launched 'Gramam' brand, is eligible for insurance claim and is a model farmer.

The Independent UK

Is it safe to visit Lebanon? Foreign Office advice as Britons encouraged to leave

The UK has warned citizens not to go to the Middle East country

Kiplinger

Fixed Indexed Annuities Can Be a Potent Diversifying Tool

They offer a unique combination of growth potential and safety but are complex, and selecting the right one takes thought and research.

AAP

'Active' cyber insurers to combat scourge of ransomware

A cyber insurer is bringing its products to Australia in a strategic partnership with Allianz as companies demand better protection from "countless" attacks.

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The Independent UK

Downpatrick business owner pleads for help as town devastated by floods

Ciara Douglas said her shop in Downpatrick was ‘completely submerged in water’ after heavy rainfall.

Kiplinger

What Is an Inverse ETF?

Inverse ETFs can act like insurance for an investor's portfolio, but they're not recommended for everyone. Here's why.

The Hindu

Telangana’s Ramesh, Maharashtra’s Prajakta winners of Hyderabad half-marathon

Telangana's Ramesh Chandra and Maharashtra's Prajakta Godbole won men's and women's categories respectively in Hyderabad half-marathon. Sachin Tendulkar felicitated the winners. Ageas Federal Life Insurance was title sponsor.

Kiplinger

High Healthcare Costs Can Cause Even the Insured To Skip Care

People are struggling with healthcare costs regardless of their insurance status, a new study from The Commonwealth Fund finds.

The Independent UK

The Supreme Court will hear an NRA appeal in a dispute with a former New York state official

The Supreme Court has agreed to hear an appeal from the National Rifle Association over comments from a former New York state official who urged banks and insurance companies to discontinue their association with gun promoting groups after the deadly school shooting in Parkland, Florida

The Hindu

Rajasthan CM Gehlot challenges Vasundhara Raje to debate on welfare guarantees

Rajasthan CM Gehlot challenges BJP leader Raje to debate on Congress' 7 guarantees for Rajasthan. Gehlot promises ₹10,000/yr for women, cow dung at ₹2/kg, laptops for college students, free English medium education, free insurance, LPG cylinders and Old Pension Scheme. Congress has fulfilled past promises & will keep future ones.…

TechRadar

Cybersecurity is pivotal to a sustainable future for life insurers

Data breaches. Incoming regulation. Incident disclosures. Why life insurers must prioritize cybersecurity.

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