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The Latest Breaking News from Insurance

It’s Time for American Equity Investment Life Shareholders to Jump on the Brookfield Bandwagon

Brookfield Reinsurance has offered to buy the shares of American Equity Investment Life it didn’t already own for $55. American Equity shareholders should rollover the stock portion of the deal, opting to hold Brookfield for the long haul.

Barchart

U.S. weekly unemployment insurance claims unchanged at 264,000

New applications for U.S. unemployment insurance benefits for the week ending June 17 were unchanged from the previous week’s revised number at 264,000. The four-week moving average as of June 17 increased 8,500 from the previous week’s revised number to 255,750. The average is the highest since November 13, 2021.

Ballotpedia

When Insuring Crops Ensures Climate Mistakes

Crop insurance puts pistachios, cherries and other vulnerable crops on life-support as rising temperatures threaten California agriculture.

Capital & Main

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Property insurance fraud investigations and arrests are up but they’re still a drop in bucket

If you want to know why insurance companies often take adversarial positions toward homeowner claims, look no further than the number of fraud cases investigated each year.

Tribune News Service

Insurance scheme for MSMEs in the offing with govt. bearing up to 50% of premium amount

The State government will implement an insurance scheme to support Micro, Small and Medium Enterprises (MSME) with the government bearing up to 50% of the premium amount, Industries Minister P. Rajeeve has said

The Hindu

Major league damage: $12K Sony lens hit by 104mph ball

Sports photographer Jim Rassol sees a foul ball take out his Sony lens – and the insurance may not pay out

Digital Camera World

Killed student's family get insurance money

The Education Ministry has paid life insurance money to the family of a Mathayom Suksa 6 student who was killed when a fire extinguisher exploded during a fire drill at his Bangkok school on Friday.

Bangkok Post

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Killed student's kin get insurance money

The Education Ministry has distributed life insurance money and other financial assistance to the family members of a Mathayom Suksa 6 student who was killed when a fire extinguisher exploded during a fire drill at his Bangkok school on Friday.

Bangkok Post

Storing Money in PayPal, Venmo or Cash App Carries Hidden Risks, CFPB Says

A Consumer Financial Protection Bureau issue says PayPal and other popular payment apps often sidestep key government protections for your funds.

Kiplinger

Hail prediction service in works via 2 nonlife insurers

The nation's first hail prediction notification service could start as soon as fiscal 2024, according to two nonlife insurance companies working to create the system.

The Japan News/Yomiuri

Clover Health Investments (CLOV): Buy, Hold or Sell End of June?

Clover Health (CLOV) has been subject to several lawsuits and federal investigations. Also, the company’s bottom line is in the red. However, CLOV is ramping up its efforts to accelerate its path to profitability. So, should you Buy, Hold or Sell the stock now? Read on to learn my views.

StockNews.com

Everything you need to know about the Ghic, the post-Brexit health insurance card

Holding this card – which does not cost anything – means British travellers to the European Union get free or discounted medical treatment

The Independent UK

Yes, You Can Be the Beneficiary of Your Own Life Insurance Plan

A life insurance policy that includes living benefits could be a game-changer if you become ill or need long-term care.

Kiplinger

Girlfriend of dentist who killed his wife while on safari jailed for 17 years for encouraging the murder

Lori Milliron, the girlfriend of Lawrence Rudolph, was tried alongside him in July 2022

Evening Standard

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The Guardian - UK

We’re at a loss, as ManyPets doubles the cost of our dog’s lifetime cover

At first the annual increases were manageable, but now the bill tops £2,692

The Hindu

Ayushman Bharat Arogya Karnataka: Team of officials to visit Rajasthan, Tamil Nadu to study health insurance schemes

Based on a high-level review of the Ayushman Bharat Arogya Karnataka (AB-ArK) health scheme, the State Health Department is now weighing the pros and cons of adopting the insurance mode of the health scheme over the existing assurance mode.

The Guardian - UK

UK drivers complain as car insurance renewal costs rise up to 70%

Latest financial pain in cost of living crisis comes from steep price increases for motor cover

The Times of India

Delhi lawyers can register themselves for availing benefits of CM welfare scheme

NEW DELHI: Lawyers who are enrolled with the Bar Council of Delhi and registered as voters in the national capital can avail the benefits of the Chief Minister Advocates' Welfare Scheme, including a life insurance cover of Rs 10 lakh.

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Kiplinger

When Will Social Security Run Out of Money? And Medicare?

Social Security and Medicare trust funds, which help pay benefits, are projected to run dry. What will happen then?

Dublin Live

Rave at Dublin Port postponed due to 'insurance issues'

Temporary Pleasure was working to convert Dublin Port into a space for performances from local artists and collectives

The Guardian - AU

Australian Anglican schools left exposed as insurers refuse to indemnify church against child abuse claims

State governments fear lack of insurance means churches will withdraw out-of-home care and youth homelessness services

The Guardian - UK

From Brexit to Beyoncé: why UK inflation is still so painfully high

The cost of living is falling in Europe and the US but is still rising in Britain. We look at the major culprits

The Independent UK

A routine chiropractor visit left her paralysed at 28. One year on, this is what her mother wants you to see

One year ago, Caitlin Jensen visited a Georgia chiropractor for a neck adjustment and left in an ambulance. The 29-year-old has been in and out of hospitals and rehab centres ever since. Sheila Flynn reports

Wales Online

Escape to Country's Jonnie Irwin gives 'grateful' update as fans rush to support him

TV presenter, who is suffering from terminal cancer, revealed gift allows him to spend time in garden with family

Ballotpedia

U.S. weekly unemployment insurance claims unchanged at 262,000

New applications for U.S. unemployment insurance benefits for the week ending June 10 were unchanged from the previous week’s revised number at 262,000. The four-week moving average as of June 10 increased 9,250 from the previous week’s revised number to 246,750. The average is the highest since November 20, 2021.

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