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The Latest Breaking News from Insurance

Large Unusual Call Options Activity in AIG Stock Highlights Its Value

Today, large tranches of near-term out-of-the-money (OTM) call options have traded in AIG stock, the $50 billion market cap insurance company. This serves to highlight how cheap the stock is now.

Barchart

Connecticut committee advances bill proposing increased threshold for felony unemployment insurance fraud

Connecticut House Bill 2570, which proposes increasing the threshold for felony unemployment insurance fraud from $500 to $2000, advanced from the Joint Judiciary Committee on Apr. 5 by a vote of 24-13. The Joint Labor and Public Employees Committee approved the bill with a vote of 8-4 on Mar. 7.…

Ballotpedia

Persistent shortage of growth hormone frustrates parents and clinicians

As a shortage of growth hormone used to treat rare diseases in children drags on, families and doctors are struggling with insurers' requirements to get prescriptions filled.

WEKU

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read the most diverse news in one place.

Beware risks of voter giveaways to public finances, countries facing elections told

IMF says reduction in national insurance may have made cutting UK national debt more difficult

The Guardian - UK

Why Insurance Prices Have Skyrocketed

Consumer price data released by the U.S. Bureau of Labor Statistics (BLS) shows that car insurance premiums rose at a whopping annual rate of 22.2% in March, well above the 3.5% rise in the Consumer Price Index (CPI).

International Business Times

Global Property Insurers Face Alarming Losses Due To Lagging Risk Models

Report highlights challenges faced by global property insurers due to outdated risk models, urging modernization and collaboration.

Top News

Prof: Trump's bond "games" may backfire

Judge could "allow the attorney general to enforce the judgment" unless Trump "provides sufficient surety"

Salon

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Jeremy Hunt gets £12billion more 'headroom' so could slash another 2p off National Insurance, says IFS

But the leading economists warn against the move as public services desperately need more funding

Evening Standard

When rogue brokers switch a person's ACA health insurance, tax surprises can follow

Some tax filers' returns are being rejected because they failed to provide information about Affordable Care Act coverage they didn't even know they had.

WEKU

John Oliver on Medicaid mess: ‘Could the government blindside people with something beneficial?’

Last Week Tonight host digs into Medicaid ending insurance for millions in ‘unwinding’ emblematic of the system’s issues

The Guardian - US

Which Type of Life Insurance Is Right for You?

Life insurance isn’t a one-size-fits-all option. Here are the differences between term life, whole life and indexed universal life insurance.

Kiplinger

UK weather-related insurance claims reach record £573m

Flood and frozen pipe damage caused by series of storms, says Association of British Insurers

The Guardian - UK

Forgiving medical debt after it is sent to collections has fewer benefits – study

Experts partnered with RIP Medical Debt, a medical non-profit that buys and forgives debt, found it had little effect on people’s credit scores and mental health

The Guardian - US

Crippling mortgages and £16 olive oil: how much have UK prices risen in the past two years?

The government might be celebrating falling inflation, but higher prices for goods and services are here to stay

The Guardian - UK

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Evening Standard

Leasehold scandal: 'Why are leaseholders footing the bill for landlords' secret commissions?'

A slew of reports into inflated charges and NDAs highlight how leaseholders like myself are being ripped off with depressing regularity

Kiplinger

The Most Impressive Cars: Do You Drive One?

If you drive one of the most impressive cars in the country, expect to pay more in car insurance.

inkl

Exploring Affordable Appliance Repair Services in Virginia, Washington D.C., and Maryland

In today's fast-paced world, household appliances have transcended the realm of luxury to become essential components of daily life.

Top News

NCUA Insurance: Protecting Your Credit Union Deposits

Learn how NCUA insurance protects credit union deposits up to 0,000 per member, per ownership category, similar to FDIC insurance for banks.

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Salon

Trump risks seizures over invalid bond

Judge Arthur Engoron is "going to have very little patience here," predicts ex-assistant NY AG Adam Pollock

Ballotpedia

U.S. unemployment insurance claims rise to 221,000 April 2024

New applications for U.S. unemployment insurance benefits rose 9,000 for the week ending Mar. 30 to a seasonally adjusted 221,000. The previous week’s figure was revised up by 2,000 to 212,000. The four-week moving average as of Mar. 30 increased 2,750 from the previous week’s revised average to 214,250.

Evening Standard

UK 'digital nomads' invited to live in Italy for a year under new visa scheme

Applicants must earn more than £24,000 a year and obtain health insurance

AAP

Floods, rental crisis leaving tenants in the lurch

Tenants should be insured for alternative accommodation and warned if a property has been through a flood before signing a lease, a tenancy advocacy body says.

Newcastle Herald

Panelbeating change puts more cars at risk

Letters and Short Takes, April 11, 2024

AAP

Worker insurance boss quits $1m post at troubled agency

Scandal-plagued NSW public insurer icare is looking for a new chief after the man credited with leading it through a "period of crisis" resigned from his role.

Broadcasting & Cable

Spectrum Mobile Starts 'Anytime Upgrade' Option for Unlimited Plus Customers, Offers Super-Cheap $5-a-Month Device Insurance

Unlimited Plus tier subscribers can trade in their existing (working) device at any time during their contract

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