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The Latest Breaking News from Insurance

An indexed universal life insurance policy can help you with tax mitigation and extra retirement income in addition to death benefits for your beneficiaries.

Kiplinger

New National Insurance, Tax Credits and fake HMRC refund scams to watch out for this month

HMRC has issued warnings over a number of new scams being reported.

Daily Record

China Moves Forward With Plan for Shanghai International Reinsurance Market

Financial regulatory agency issues detailed implementation rules for reinsurance exchange to be built in Lingang New Area

Caixin Global

From analysis to the latest developments in health,
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Letters to The Editor — June 1, 2023

Readers’ mail to The Hindu’s Letters to the Editor

The Hindu

Combating fraud in the cost of living crisis with voice-based risk assessment technology

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

What It Really Costs to Be Middle-Class

Is being middle-class worth it? You be the judge, but here’s what the numbers say.

Kiplinger

Australians urged to review health insurance amid premium hikes

Millions of Australians are facing a hike in their health insurance premiums this week as the big players pass through price increases.

The New Daily

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First Thing: Debt ceiling deal clears first hurdle and advances for debate

The committee voted 7-6 to allow debate by the full chamber with expected vote on passage today. Plus, the downfall of Elizabeth Holmes

The Guardian - UK

What Is Indexed Universal Life Insurance and How Does It Work?

This permanent life insurance provides a death benefit to your beneficiaries but also offers a cash-value component that can grow over time.

Kiplinger

For some US residents, it is now impossible to get home insurance - and all because of the climate crisis

The rising incidence of wildfires means many Californians can no longer insure their property. It’s a sign of what’s ahead for the whole housing market, writes Arwa Mahdawi

The Guardian - UK

Study uncovers lack of knowledge of state pensions

The most common misconception among workers was about National Insurance contributions.

The Independent UK

Extreme weather cost insurers almost $1bn in 2022, now small businesses face premium hikes

The Insurance Council of Australia says extreme weather events are helping to push up premiums. They are also pushing many small business owners in Queensland to the brink.

ABC News

Proposed legislation would eliminate ESG in TSP pensions

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

Universal cover: On the IRDA’s all-in-one insurance policy

The Insurance Regulatory and Development Authority of India’s simple, all-in-one insurance policy seems to be its UPI-like moment

The Hindu

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StockNews.com

A Look Into Clover Health (CLOV) and Humana (HUM): Are They Worth Investing In?

The medical industry thrives due to rising demand for healthcare products and services, fueling significant growth. Therefore, quality medical stock Humana (HUM) could be worth buying. However, considering its weak fundamentals, I think it will be best to wait for a better entry point in Clover Health Investments (CLOV). Read…

Daily Record

Rangers legend Ally McCoist says son lied to wife about being insured for car which hit pedestrian

Ally,60, told advocate Nick Ellis KC on Tuesday that he had repeatedly told 22-year-old Argyll throughout 2016 that he wasn’t legally entitled to drive an Audi A1 car.

The Hindu

Sustainability of State’s health insurance schemes in question

The two major health insurance schemes in the State – Ayushman Bharat-Karunya Arogya Suraksha Padhati (KASP) and MEDISEP (the medical insurance scheme for State government employees and pensioners) – are headed for a fiscal disaster. With huge cost overruns, the sustainability of these schemes in the long run is in…

Ballotpedia

U.S. weekly unemployment insurance claims rise to 229,000

New applications for U.S. unemployment insurance benefits rose 4,000 for the week ending May 20 to a seasonally adjusted 229,000. The previous week’s figure was revised down by 17,000 to 225,000. The four-week moving average as of May 20 was unchanged from the previous week’s unrevised number at 231,750.

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Wales Online

Expert reveals how drivers could make up to £4,600 a year using their car

These five tips could earn drivers an estimated £4,611 in just one year

Evening Standard

Legal disputes rocket as more firms take insurers to court to pay claims

The number of legal disputes between companies and their insurers ending up in the High Court has almost trebled since before the pandemic, according to new research.

Kiplinger

Kiplinger Reader's Choice Awards: 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.

The Guardian - UK

How can Saga nearly double my car insurance premium?

It was raised from £1,155 to £2,044 after a year when nothing changed and I’ve never had an accident

ABC News

Three flood-affected schools in the Northern Rivers confirm they will permanently relocate

The commission's report says community wellbeing and being unable to get insurance spurred its decision to relocate three Catholic schools.

Salon

States throw thousands off Medicaid

Many have lost coverage because they failed to navigate bureaucratic mazes — not because they were ineligible

Daily Mirror

Gran's fury as Ryanair refuses to pay flight refund despite having heart attack

When Thelma Francis suffered a heart attack and was rushed to hospital, doctors issued her and husband Craig with a medical note stating she couldn't fly but the couple were in dispute with Ryanair

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