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The Latest Breaking News from Insurance

Thefts of Kias, Hyundais in Colorado chase away auto insurance companies

With car thefts spiking in Colorado the past few years, three auto insurance carriers are now declining to cover certain vehicles, leaving at-risk owners with fewer options.

The Denver Post

Why it's hard for the US to cut or even control Medicare spending

President Joe Biden’s 2024 proposed budget includes plans to shore up the finances of Medicare, the federal health insurance program that covers Americans who are 65 and up and some younger people with disabilities.

The Conversation

North West 200 go-ahead 'fantastic news' for local economy

It comes after all motorcycle events had been cancelled back in February due to rising insurance costs

Belfast Live

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Influential Brands and its Thailand Partner, Neo Target, held the “2022 ASIA CEO SUMMIT & AWARD CEREMONY" to recognize the Top CEOs and Brands in Thailand and Asia

Thailand (March 15,2023) - Influential Brands and Neo Target jointly organized an award ceremony to honor over 20 top brands that have had the highest impact on consumers and have been most successful in their business operations. Additionally, four "Outstanding Leadership Awards" were conferred on business leaders who had created…

Bangkok Post

Northern Ireland road racing saved as insurance issue resolved

The entire Northern Irish road racing, short circuit and trials calendar was completely cancelled in February after insurance costs tripled for 2023 from £170,000 to £410,000.

Autosport

Man's sickening £100,000 scam led to eight people being made redundant

Tauseef Sadeeq tricked insurance companies into paying money meant for clients into his own bank accounts

Manchester Evening News

New State Pension payment delay warning for people reaching retirement age this year

Men and women turning 66 this year will be eligible to claim their State Pension entitlement.

Daily Record

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Martin Lewis' MSE issues car insurance warning as there is one thing you should 'never' do

Policies with big insurance could skyrocket, according to the money-saving website.

Daily Record

North West 200 and other Northern Ireland motorcycle events to go ahead in 2023

It comes after all motorcycle events had been cancelled back in February due to rising insurance costs

Belfast Live

This safety-net hospital doctor treats mostly uninsured and undocumented patients

Many of Ricardo Nuila's patients at Houston's Ben Taub Hospital are dealing with serious illnesses as a result of not being able to access basic preventive care. His new book is The People's Hospital.

WEKU

Budget 2023: what it means for people on a range of incomes

How Hunt’s measures on tax and benefits will affect single people, couples and those receiving pensions

The Guardian - UK

When will Medicare cover medical marijuana?

Many older adults are using medical marijuana to treat a variety of conditions, but experts say that conflicting laws, unclear safety standards and complicated rulemaking processes mean it could be years before Medicare may cover the drug

The Independent UK

It pays to shop around for health insurance, with significant savings on offer

CHOICE has crunched the numbers and worked out the most 'overpriced' health insurance policies around Australia.

The New Daily

Washington reacts on the fly to Silicon Valley Bank failure

After a frenetic weekend of round-the-clock briefings, U.S. policymakers took the audacious step of guaranteeing all the deposits of the failed Silicon Valley Bank — even those exceeding the Federal Deposit Insurance Corporation's $250,000 limit

The Independent UK

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Bangkok Post

Viriyah targets B43bn in total written premiums in 2023

Local non-life insurer Viriyah Insurance is aiming to achieve total written premiums worth 43 billion baht this year, up from 40.9 billion last year.

Belfast Live

Antrim Newtownabbey bonfire fun day grants to be increased by £500

"We would welcome more groups to sign up to the protocol"

Roll Call

House, Senate members affected in DC Health Link breach total 21 - Roll Call

The DC Health Link data breach impacted 21 members across the House and Senate who get their insurance through the program.

Tribune News Service

Medicaid health plans try to protect members — and profits — during unwinding

The federal COVID-19 pandemic protections that have largely prohibited states from dropping anyone from Medicaid since 2020 helped millions of low-income Americans retain health insurance coverage — even if they no longer qualified — and brought the U.S. uninsured rate to a record low.

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Los Angeles Times

Making sense of Silicon Valley Bank's failure: What it means for your money

It's never a good sign when "bank collapse" is trending on Twitter.

WEKU

Novo Nordisk will cut some U.S. insulin prices by up to 75% starting next year

The Danish drugmaker's move follows a similar announcement by rival Eli Lilly earlier this month. More than 8 million Americans use insulin, according to the American Diabetes Association.

Fortune

Shark Tank star blasts SVB's 'idiot management' and 'negligent directors' over collapse

'Mr Wonderful' claimed President Joe Biden nationalized the American banking system.

Tribune News Service

Why does insulin cost so much? Big Pharma isn’t the only player driving prices

Eli Lilly & Co.’s announcement that it is slashing prices for its major insulin products could make life easier for some diabetes patients while easing pressure on Big Pharma.

Tribune News Service

Feds move to rein in prior authorization, a system that harms and frustrates patients

When Paula Chestnut needed hip replacement surgery last year, a pre-operative X-ray found irregularities in her chest.

The Independent UK

Police officer delivers couple’s chicken takeaway while on duty after driver stopped

A Metropolitan Police officer completed the job after they reportedly caught the delivery driver without correct insurance

WEKU

California court says Uber, Lyft can treat state drivers as independent contractors

The ruling mostly upholds a voter-approved law that said drivers for ride-share companies are independent contractors and are not entitled to benefits like paid sick leave and unemployment insurance.

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