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The Latest Breaking News from Insurance

‘Don’t get sick. It’s too expensive’: medical debt is putting more Americans in financial crisis

Although both leading presidential candidates have discussed healthcare, neither has directly tackled its biggest issue

The Guardian - US

How Texans can prepare for extreme weather

Natural disasters — including winter storms, hurricanes, extreme heat, wildfires and droughts — can happen at any time. Preparation is key to staying safe during an emergency.

The Texas Tribune

Home insurance: how to get the best and cheapest UK policy

From putting a value on the building to listing everything it contains, here’s how you can save

The Guardian - UK

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We're on track to eliminate hepatitis C, but stigma remains and reinfection is a risk

Hepatitis C is a preventable but potentially life-threatening blood-borne virus. It primarily affects the liver and, if untreated, can lead to cirrhosis (scar damage) and cancer.

The Conversation

MSMEs complain about repeated flooding, Minister says he will hold meeting with them

MSMEs in Chennai and its surrounding districts suffer from flooding in industrial estates, with little done to address the issue. Losses of ₹30-160 crore have been reported, and the government is holding meetings with insurance firms and bankers to help. Solutions are needed to prevent further losses.

The Hindu

Home Insurance concept yet to pick up despite repeated floods in Chennai

Chennai has seen two major floods in 8 yrs, yet home insurance uptake low due to lack of awareness. IRDAI launched Bharat Griha Raksha policy from Apr 2021, offering 20% cover for contents. Premiums vary from ₹25-40/lakh/yr, making it affordable. Insurance covers water marks, painting charges.

The Hindu

CM Revanth Reddy issues ‘no charge tickets’, launches scheme for free travel to women in TSRTC

Amidst jubilation, Telangana CM Reddy launches Mahalakshmi scheme offering free travel to women, transgender persons. Scheme coincides with UPA chairperson Sonia Gandhi's birthday. CM handed over ₹2 crore cheque to two-time world champion Nikat Zareen. Rajiv Arogyasri scheme also launched, providing ₹10 lakh medical insurance to beneficiaries. Assembly premises festive…

The Hindu

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Tips for Documenting Non-Fault Accidents at the Scene

Non-fault accidents can be stressful, but effective documentation at the scene can significantly impact the outcome of your claim.

inkl

Rising Cyberattacks Prompt Bond Markets' Innovative Response To Combat Risk

Many organizations and municipalities are coping by purchasing cyber liability insurance, which offers coverage for things like data recovery and legal fees.

International Business Times

CM announces interim aid of ₹2,500 for each family hit by Cyclone Michaung in A.P.

CM Jagan Mohan Reddy announced ₹2,500 interim financial aid to families affected by Cyclone Michaung in coastal areas. He sanctioned ₹30cr for bridge, ₹32cr for power restoration & repairs to roads, tanks & water bodies. He promised input subsidy & insurance claims before Sankranti.

The Hindu

Cyclone Michaung: Insurers have received motor insurance claims for 2,320 vehicles

Insurers receive 2,320 motor insurance claims due to Cyclone Michaung; Finance Minister urges speedy settlement. State govt to provide vacant spaces for vehicle repair, towing vehicles from other districts. Insurers assure speedy settlement of claims.

The Hindu

California expands insurance access for teens seeking therapy on their own

A new California law will allow low-income teens on Medicaid to get therapy without parental approval. That's already allowed for teens on private insurance. But the change aroused opposition.

WEKU

Taken together, the NDIS review and the royal commission recommendations could transform disability housing

A home – in the physical and emotional sense – is foundational to living an ordinary life with a feeling of inclusion. National Disability Insurance Scheme (NDIS) participants with the highest support needs require housing and living services. Disability can make living in mainstream housing impossible for some people, or…

The Conversation

What's the difference between 'reasonable and necessary' and 'foundational' supports? Here's what the NDIS review says

The long-awaited NDIS review has looked far beyond the National Disability Insurance Scheme, taking a bird’s eye view of disability services in Australia. Critical to the future of the NDIS are services for people with disability outside of the scheme.

The Conversation

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WEKU

Medicare open enrollment ends today. Ignoring the deadline could cost you

As the period for changing health plans ends, many seniors are tuning out. They could wind up with a surprise next year: higher costs and reduced access to health care providers.

International Business Times

Insured Disaster Losses To Again Top $100 Bn: Swiss Re

Insured losses from natural catastrophes will pass the $100-billion threshold for the fourth year running in 2023, reinsurance giant Swiss Re said Thursday.

The Texas Tribune

“The first child is the one that pays the most”: How one family carved out Medicaid coverage for a rare treatment

Gabe Nolasco was born without a vital immune system gland. His family spent years in quarantines and advocating to state insurance so they could keep him alive.

The Conversation

Politics with Michelle Grattan: Bill Shorten on making the NDIS fit for purpose

Bill Shorten, Minister for the National Disability Insurance Scheme and Government Services, has released the review of the NDIS, which recommends sweeping changes to the scheme. The reforms to come will see the states take up much of the responsibility for providing services for people with more minor issues, especially…

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The Hindu

Cyclone Michaung | Here is all you need to know about vehicle insurance claims

Flood-damaged vehicles are covered under motor insurance policies. Claims can be made for own damage, third-party liability, and total loss. Add-ons like zero depreciation and engine protection are recommended. Home insurance claims require photos, receipts, and repair estimates. Read policy docs carefully to know inclusions, exclusions, deductibles, and claim procedures.

Newcastle Herald

Australia Post service lost in the mail

Letters and Short Takes: Australia Post service lost in the mail

The Conversation

Recommendations to reboot the NDIS have finally been released. 5 experts react

Findings from an extensive review of the National Disability Insurance Scheme (NDIS) have been released with ideas on how to transform it. Led by co-chairs Bruce Bonyhady and Lisa Paul, the review heard from around 10,000 people before making 26 recommendations with 139 supporting actions. Presenting their findings, co-chairs wrote:

AAP

Advocates call for council to drive disability reforms

Following the release of a review of the National Disability Insurance Scheme, peak bodies say people living with a disability must be at the reform table.

USA Today Sports Media Group

Brandon Moreno set as UFC 296 backup fighter for Alexandre Pantoja vs. Brandon Royval

The UFC will use Brandon Moreno as its insurance for the UFC 296 flyweight title co-headliner.

The Independent UK

Private hospital admissions soar to record high as hundreds of thousands rely on insurance

Private hospitals on track for record level of admissions this year as patients pay for diagnostics

The Hindu

Industries slowly resume operations, MSMEs continue to stay away from work

MSMEs in Chennai and surrounding regions remain closed due to flooding. Many factories operated with 50% workforce as workers in flood-affected areas could not commute. TN Small & Tiny Industries Association requested assistance from CM as losses run into crores. Automobile firms resumed ops, offering 50% discount on insurance claims.…

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