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The Latest Breaking News from Insurance

Hunt declines to guarantee tax cuts but insists burden will go down under Tories

The Chancellor claimed Labour’s economic plans would lead to tax rises and accused the Opposition of attempting to scare pensioners.

The Independent UK

Young uninsured driver convictions doubles due to spike in car insurance premiums

6,316 British drivers aged 17 to 20 were convicted of driving without insurance in 2023

The Independent UK

You be the judge: should my mum let me drive her new car after I dented her old one?

Abbie says the minor collision was a one-off, but her mum Jane says she should now save up to buy her own car. You decide whose argument should be bumped

The Guardian - UK

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Donor and consultant convicted again of trying to bribe North Carolina's insurance commissioner

A major North Carolina political donor and his associate have been convicted a second time of attempting to bribe the state's insurance commissioner to secure preferential regulatory treatment for his insurance business

The Independent UK

Chubb Stock Jumps After Buffett's Berkshire Takes a Stake

Chubb stock is up on news Warren Buffett's holding company Berkshire Hathaway built a position in the insurance firm. Here's what you need to know.

Kiplinger

FDIC chair is grilled on Capitol Hill after report outlines agency's toxic workplace culture

Federal Deposit Insurance Corp. Chairman Martin Gruenberg is sitting for a second day of grilling on Capitol Hill, this time at the Senate Banking Committee, after a damning report about the agency’s toxic workplace culture was released last week

The Independent UK

Brown is early Ryan Motorsport Insurance Autosport National Rankings leader

The specialist insurer – which provides comprehensive cover for race and rally cars on events, alongside offering policies for the storage and transit of vehicles – has lent its backing to the rankings, which are based upon a driver’s race wins over the course of a season.

Autosport

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Warren Buffett's Berkshire Hathaway Reveals Major Stake In Chubb

Berkshire Hathaway's .7 billion stake in Chubb boosts the insurance company's stock. Buffett's investment strategy shifts towards financial firms.

Top News

Risk of ‘genetic discrimination’ by insurance companies is ruining people’s trust in vital medical science

Should you be denied life insurance or have to pay extra if you have a genetic risk for certain diseases? Should insurance companies even have access to your genetic data in the first place? This is known as “genetic discrimination”, a practice already banned in some countries, including Canada.

The Conversation

Social Security Disability Insurance: here's what recipients should know about May payments

The Social Security Administration is scheduled to send the second SSDI payment for this month on May 15

Latin Times

Razorpay allows staff to insure siblings, cover HIV, PCOS

Razorpay introduces inclusive health insurance policy covering siblings, LGBTQIA+ partners, parents, and critical treatments like HIV/AIDS.

The Hindu

3 China Stocks to Watch in May

Recent years have been challenging for Chinese stocks, but the outlook is brightening. With a newfound resilience in risk appetite and a more favorable investment climate, it could be wise to keep a watchful eye on Chinese stocks Waterdrop (WDH), HUTCHMED (HCM), and Trip.com Group (TCOM) that seem poised for…

StockNews.com

3 China Stocks to Buy Weathering Market Volatility

As the world’s second-largest economy struggles with a slump in consumer confidence, analysts believe that achieving the growth target set this year could be challenging. Amid this uncertainty, it could be ideal to invest in robust China stocks Ping An Insurance (PNGAY), Youdao (DAO), and Autohome (ATHM) for potential gains.…

StockNews.com

EasyJet’s travel insurance said ‘no’ to my valid claim

My daughter was taken ill with an unforeseen infection after our booking and couldn’t make the trip

The Guardian - UK

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Cycling Weekly

The extras you need for a great summer of cycling

These are the items that you need to enjoy your riding and help keep you, your family and your bike safe

Kiplinger

How You Can Get Your Money Back When a Vacation Abroad Goes Awry

Five steps to take if travels go awry and you need to get money back.

Kiplinger

Avoid Retirement Regrets: Five Facts to Learn Now, Not Later

Is your retirement planning full of holes? Unless you fully understand a few key points, you could be setting yourself up for some surprises.

Kiplinger

Four Considerations for Moms Leaving the Workforce

If you want to make the transition from a full-time job to being a stay-at-home mom (or dad), here are some issues to keep in mind.

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The Guardian - UK

‘It felt like a massive scam’: the minor prangs to cars that lead to huge charges

Readers tell us insurance premiums soared and vehicles were written off after the cost of claims soared

Kiplinger

What Does Medicare Not Cover? Eight Things You Should Know

Medicare Part A and Part B leave gaps in your healthcare coverage. But Medicare Advantage has problems, too.

USA Today Sports Media Group

Boston big man alum Glen Davis sentenced to 40 months for NBA insurance fraud

Over 20 other former players were also swept up in the arrests that led to Davis' conviction, including several other Celtics alumni.

AAP

Port's ruck insurance policy pays off before Cats trip

Port Adelaide coach Ken Hinkley says his club's recruitment of ruckmen in the last off-season has paid off ahead of an away game against Geelong.

Capital & Main

Biden’s Obamacare Expansion for DACA Immigrants Is Big. California’s Need Is Bigger.

While 40,000 Dreamers are likely to gain coverage, nearly half a million undocumented immigrants still cannot afford health insurance.

Kiplinger

How to Beat Soaring Home and Auto Insurance Premiums

What’s behind the insurance price hikes, and what to do about them?

The Guardian - AU

Report urges immediate assistance for Australia’s faltering live music festival sector

Inquiry into Labor’s national cultural policy finds cancellation of events the result of rising overhead costs, including insurance

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Glen "Big Baby" Davis

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