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The Latest Breaking News from Insurance

Ukraine aims to align banks, insurers with EU rules by 2028, central banker says

Ukraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Governor Andriy Pyshnyi stated banking regulations are now 78% EU-compliant, with over 50 new laws planned to attract crucial private investment for reconstruction efforts.

The Economic Times

Turtlemint Fintech sets IPO price band at Rs 144-152 for Rs 883 crore offer. Know GMP, other key details

Insurtech firm Turtlemint Fintech Solutions is launching its Rs 883 crore IPO on June 19, with a price band of Rs 144-152 per share. The issue includes a fresh issue and an offer-for-sale, with proceeds aimed at infrastructure, technology development, and marketing. The company, founded in 2015, simplifies insurance policy…

The Economic Times

GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discount

The government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today at a floor price of Rs 352 per share. This move aims to raise over Rs 3,087 crore and is part of the government's broader…

The Economic Times

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Talent shortage triggers AI adoption among insurers

A shortage of trained insurance professionals is driving insurers to automate claims processing, underwriting, and customer onboarding. This shift enables companies to handle growing business volumes with greater accuracy and efficiency, rather than replacing existing roles. Technology adoption is enhancing productivity and allowing employees to focus on higher-value client interactions.

The Economic Times

Some motorists who pay monthly for insurance ‘charged annual rates close to 30%’

Paying monthly is often the only realistic option for households facing financial pressure, creating a ‘poverty premium’, Which? said.

Evening Standard

9 Money Leaks Hiding in Your Monthly Bills

Monthly bills often feel as predictable as sunrise. Rent or mortgage payments arrive, utility bills show up, and streaming services quietly renew without much thought. Yet many households lose hundreds of dollars each year to expenses that slip through unnoticed. Small charges may not trigger alarm bells individually, but together…

Everybody Loves Your Money

Seniors Are Being Billed for Procedures They Were Told Were Fully Covered

Healthcare confidence can disappear fast when a bill arrives that no one expected. Many seniors schedule procedures, believing Medicare or supplemental insurance has already approved everything. Then the mailbox delivers a statement that turns a routine appointment into a financial shock. Hospitals and clinics often use complex billing codes that…

The Free Financial Advisor

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Observation Status vs. Inpatient Admission Can Mean Thousands in Out-of-Pocket Costs

Hospital paperwork often looks routine at first glance, but one small label can completely change a patient’s financial outcome. Observation status and inpatient admission may sound similar, yet hospitals and insurers treat them very differently. That difference often triggers thousands of dollars in unexpected costs that catch patients off guard…

The Free Financial Advisor

Hands-Free Laws Just Got Stricter — Holding Your Phone at a Red Light Can Cost You

A quick glance at a phone used to feel harmless when traffic stopped at a red light. That small moment of checking messages now carries bigger risks as laws tighten across many regions. Lawmakers push stricter rules to reduce distracted driving incidents that continue to rise each year. Drivers now…

Clever Dude

Medicare Advantage Plans Are Quietly Cutting Benefits Mid-Year in Several States

Across several U.S. states, Medicare Advantage enrollees face an unsettling shift as insurers adjust benefits well after open enrollment closes. Seniors who carefully selected plans based on dental coverage, transportation perks, or grocery allowances now notice those perks shrinking or disappearing entirely. Insurance companies continue to tweak plan details mid-year,…

The Free Financial Advisor

The FEMA Map Change That Could Force You Into Flood Insurance

Flood insurance often sits low on a homeowner’s priority list—until a letter arrives in the mail that changes everything. Across the country, FEMA continues updating flood maps to reflect new data, shifting weather patterns, development, and changing landscapes. Those updates can move properties into higher-risk flood zones, even if they…

Everybody Loves Your Money

US Supreme Court rejects TCS appeal in $168 million trade secrets case

The U.S. Supreme Court has refused to hear Tata Consultancy Services' appeal. This upholds a $168 million award against Tata. DXC Technology had sued Tata for allegedly stealing trade secrets related to life-insurance software. A jury initially proposed $210 million. A judge reduced this to $168 million. The appeals court…

The Economic Times

Reform plans to tear up key plank of Brexit deal as it vows to hike taxes for employers hiring foreign workers

Robert Jenrick says companies employing foreign workers will pay higher national insurance and a ‘migrant labour levy’

The Independent UK

Travelling to Germany for work meetings? Here's the visa process

Germany is a key European hub for international business, requiring a short-stay Schengen visa for non-visa-exempt nationals visiting for up to 90 days. The visa facilitates attending meetings, conferences, and trade fairs, but not employment. Applicants need a completed form, passport, photos, accommodation, travel insurance, financial proof, and invitation/employer letters.

The Economic Times

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The Economic Times

No Covid, yet Rs 3.71 lakh hospital bill: Gujarat man's insurance paid only Rs 1.78 lakh, deducting Rs 1.64 lakh; Then court delivered justice

A Gujarat consumer commission ordered a hospital and doctor to refund Rs 1.64 lakh to a patient. The patient was wrongly billed under a Covid-19 treatment package despite testing negative for the virus. The commission also awarded Rs 10,000 for mental harassment and litigation expenses.

Kiplinger

Whole Life Insurance: Stealth Retirement Savings Tool or Waste of Money?

It may seem like everyone wants to sell you a whole life insurance policy. Is it worth it as a retirement savings hack?

The Economic Times

US-Iran peace deal brings relief, but India turns to a risk at home

India just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditions are emerging as the next major test for growth and price stability, shifting focus from imported energy stress to domestic climate risk.

AAP

Manulife Hong Kong Named Core Participating Insurer in Insurance Authority's AI Cohort Programme

HONG KONG, June 15, 2026 /PRNewswire/ -- Manulife Hong Kong today announced that it has been named a Core Participating Insurer in the latest batch of the Insurance Authority's ("IA") AI Cohort Programme, underscoring its commitment to advancing the responsible adoption of artificial intelligence ("AI") and supporting Hong Kong's development…

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The Economic Times

Etihad Airways to offer free medical travel insurance for Abu Dhabi visitors

International visitors flying to Abu Dhabi on Etihad Airways will receive free medical travel insurance. This offer is valid for stays up to 15 days in the UAE. The coverage applies to eligible travelers booking flights between July and December 2026. This initiative aims to enhance the visitor experience and…

MyLifeXP

What Rahul Gandhi Saw That Triggered the Tsunami Warning

Is India standing on the edge of an economic crisis, or is the country continuing its growth story despite global challenges? That question has suddenly become the center of a heated political battle after Leader of Opposition Rahul Gandhi warned of an approaching "economic tsunami." His remarks sparked strong reactions,…

inkl

What Happens When Both Drivers Tell Different Stories After a Crash

Tulsa roads can get tense fast when traffic backs up near highways, business areas, and busy intersections where drivers are trying to merge or turn at the same time

Fortune

AI job disruption is here. The problem may be compounded because nearly 75% of people don't apply for unemployment benefits

Many don’t apply because they don’t believe they will be eligible for benefits.

Everybody Loves Your Money

6 Coverage Gaps That Could Leave You Paying Out of Pocket

Insurance feels like a safety net until a claim gets denied or a bill lands that no one saw coming. Many households assume policies cover more than they actually do, and that assumption often leads to expensive surprises. Gaps hide in plain sight inside policy fine print, limits, exclusions, and…

Everybody Loves Your Money

North Carolina Homeowners Face Another Insurance Increase on June 1

Insurance costs across North Carolina continue to climb, and homeowners now face another increase taking effect on June 1. Many residents already noticed their premiums rising over the past year, but this upcoming adjustment adds fresh pressure on household budgets. Insurers point to rising rebuilding costs, weather-related risks, and financial…

The Economic Times

LIC targets stronger market leadership as it approaches its platinum jubilee

LIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national development as it approaches its platinum jubilee. With a nearly 60% market share and substantial assets, LIC's growth is intertwined with India's economic progress, aiming to support the nation's 'Viksit…

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