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The Latest Breaking News from Insurance

Stealth tax on income will stay until 2028 if Conservatives are re-elected, admits Jeremy Hunt

The Chancellor clashes with Labour’s Rachel Reeves over VAT

Evening Standard

No decision taken on barring Diane Abbott from selection as Labour candidate, says Keir Starmer – as it happened

It comes after former Labour leader Jeremy Corbyn said the party’s treatment of Abbott was ‘a disgrace’

The Guardian - UK

What Does The Future Of Embedded Insurance Sales Look Like?

The insurance industry, valued at over $6 trillion globally in 2023, is often considered a legacy market, relying on traditional practices that have been in place for centuries.

International Business Times

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Home insurers paid out a staggering $100 billion last year, the most catastrophic financial wrecking ball in over a decade

Expectations of an “explosive” hurricane season continue to threaten the industry.

Fortune

Insurance giant First American confirms data breach affected thousands of users

Around 44,000 customers had data stolen in December 2023 ransomware attack.

TechRadar

Colon cancer rates are rising in young Americans, but insurance barriers are making screening harder

More than 53,000 Americans are projected to die from colorectal cancer this year. Although colorectal cancer is the second-most common cause of cancer deaths in the United States, it can be cured if caught early. Detecting a tumor as soon as possible can help you get treatment as soon as…

The Conversation

Exclusive: Insurance provider Authentic has raised $11 million in Series A funding

Authentic seeks to change how businesses buy insurance by creating a community around the software they use.

Fortune

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New visa promotions, retiree insurance reduced

The cabinet approved several new visa promotions to attract more tourists on Tuesday, including visa-free and visa-on-arrival schemes and longer stays for students, and a reduced level of compulsory health insurance for retirees.

Bangkok Post

Insurers hiked premiums in loyalty ploy, lawsuit claims

A loyalty ploy by insurers led to higher premiums being charged to more than one million customers, a class action alleges in claims the parent company denies.

AAP

Insurance company Sura withdraws from Colombia's health system as government pushes for control

Colombian insurance company Sura has announced that it will withdraw from the nation’s health system because the resources it receives from Colombia’s government to manage more than 5 million patients, are not enough to cover its growing costs

The Independent UK

2024 Kiplinger Readers' Choice Awards Results

The results are in for the 2024 Kiplinger Readers’ Choice Awards — celebrating the best products and services in personal finance.

Kiplinger

Kiplinger Readers' Choice Awards 2024: Homeowners Insurance Companies

The results of the Kiplinger Readers’ Choice Awards' best homeowners insurance company category. Our awards celebrate the very best products and services in personal finance.

Kiplinger

Kiplinger Readers' Choice Awards 2024: Auto Insurance Companies

The results of the Kiplinger Readers’ Choice Awards' best auto insurance company category. Our awards celebrate the very best products and services in personal finance.

Kiplinger

How extreme weather will affect the insurance and energy sectors

When Storm Isha hit Northern Ireland and northern Britain in January 2024, wind gusts of almost 100mph caused widespread damage to property. This strong extra-tropical cyclone also influenced both the insurance and energy sectors. Isha resulted in damages which required the insurance industry to pay out approximately €500 million (£427…

The Conversation

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The Guardian - UK

Police to take no further action over Angela Rayner allegations – as it happened

No further action will be taken after a thorough investigation into Tory allegations, Greater Manchester Police say

inkl

How to Plan Transportation Between Hospital and Home

Did you know that 6 million Americans fail to attend their medical appointments because of a lack of transportation?

Kiplinger

Major Financial Benefits for Military Veterans and Their Families

These financial support programs help military veterans and their families with home loans, disability and survivor benefits and more.

Kiplinger

Three Common Financial Blind Spots and How to Navigate Them

To better protect your wealth, keep your eye on tax efficiency, appropriate insurance coverage and the possibility of multiple market outcomes.

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AAP

Tobacco wars: police warn landlords of insurance risk

Victoria Police want landlords to rethink leasing their shops to tobacco or vape stores, saying links to criminal activity might make insurance null and void.

Evening Standard

Labour vows no rise in income tax if it wins next election

Rachel Reeves vows no national insurance or income tax hikes if party wins election

InsideEVs

Rivian R1T Needlessly Totaled By Insurer Over '99 Cents Of Studs'

This Rivian R1T suffered only minor damage to the front end and skid plate in a recent collision. So why was it declared a "total loss"?

The Guardian - UK

Rachel Reeves says Labour would not return country to austerity

Shadow chancellor rules out income tax and national insurance rises and says manifesto will have no unfunded proposals

Evening Standard

Reeves: No income tax or national insurance rises if Labour win General Election

The shadow chancellor also failed to rule out public spending cuts when challenged on her plans.

The Guardian - US

‘Kitty cat’ storms hitting US heartland are growing threat to home insurance

Smaller secondary systems that create hailstorms and tornadoes pack a punch that is causing billions of dollars in damages

The Guardian - US

‘Crisis in dental care’: Bernie Sanders on his fight for better teeth for Americans

Exclusive: senator condemns ‘dysfunctional’ system and says his bill would help tens of millions who struggle to afford care

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