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The Latest Breaking News from Insurance

ESIC added 19.42 lakh new members in August 2023

“The Employees’ State Insurance Corporation (ESIC) added 19.42 lakh new subscribers in August,” according to provisional payroll data.

The Hindu

State government announces welfare measures to benefit over 34,000 archakas

The Karnataka government on Friday announced welfare measures to benefit over 34,000 archakas working in ‘C’ category temples across the State, including insurance and education grants to the family members.

The Hindu

Black and Brown breast cancer survivors spread message of advocacy: ‘Keep that appointment’

The Lurie Cancer Center Hispanic Breast Cancer Clinic and support groups, including Sisters Working It Out, offer patients of color health care access, community and hope.

Chicago Sun-Times

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What You Pay for Medicare in 2024

Medicare premiums are updated yearly and in 2024 premiums for Part B and Part B increased slightly after falling in 2023.

Kiplinger

Insurance issues delay UK attempts to bring citizens home from Israel

British-organised repatriation flights cancelled but other countries’ flights are able to land in UK

The Guardian - UK

UK fails to arrange Israel repatriation flights after insurance delay

Emergency flights to the UK have been arranged by the US and Australian authorities.

The Independent UK

Cost of insuring a car in London rockets by up to 60% in a year

Latest data shows average premium in inner London is now at all-time high of over £1,500

Evening Standard

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Western sanctions haven't curbed Russian oil profits, but the green energy transition could

Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its invasion of Ukraine last year. The idea was to curtail the amount Russia makes from its oil while ensuring it continues to flow into the global…

The Conversation

Crooked Bridgeport bank used these people’s CDs to fuel embezzlement scheme — ‘We were all victims’

Washington Federal Bank for Savings customers had no idea the high interest rates that attracted them were feeding the fraud. The bank’s “smooth operators” lured them in, the daughter of one victim says.

Chicago Sun-Times

6 money horrors to avoid this spooky season

Cut out the tricks from your finances and make the most of the treats, with these quick money tips.

The Independent UK

Brisbane Woman Allegedly Hired Two Men To Murder Her Ex With A Woodchipper For Insurance Money

The alleged plot involved faking that he died accidentally by falling into a woodchipper.

Pedestrian.tv

Expert alarmed over $2M Weisselberg deal

"That is likely on his mind as he testifies," ex-prosecutor says as court proceedings reveal contract

Salon

Football clubs in £100 million claims against insurers over ‘Covid losses’

Top flight teams are bringing High Court challenges in a bid for larger payouts under their insurance contracts.

The Independent UK

Do electric cars catch fire? Social media points fingers at EVs for Luton car-park blaze

Following the fires in a car-park at Luton Airport, theories have been circulating on social media that it was caused by an electric car. But how true are these theories?

Evening Standard

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The Conversation

Politicians come and go, but the clock is now ticking on long-promised pharmacare

The sword of Damocles hangs over the Trudeau government as it prepares a pharmacare bill that must be passed this year to uphold its supply and confidence agreement with the NDP. This month might be the most crucial time in the history of pharmacare, the long-promised yet undelivered program that…

Barchart

11 Steps to Take If You Get Laid Off or Lose Your Job

A surge in layoffs has left many hard-working Americans without jobs and without answers. Here's a simple action plan to follow if you've recently found yourself unemployed due to layoffs.

The Independent UK

Simon Calder issues advice on Luton Airport fire chaos - from travel insurance to flight compensation

Simon Calder tackles a wide range of your questions - from what you can be compensated for and what to do if you’re stranded and your flight is cancelled

The Hindu

Minister takes Dharwad officials to task, directs them to ensure effective use of funds released for govt. schemes

Labour Minister Lad issues warning to officials for failing to ensure effective utilisation of funds. He directs them to ensure govt. programmes reach public without delay & take drought situation seriously. He expresses displeasure over functioning of L&T & seeks answers from HDMC Commissioner on muddy water supply. He stresses…

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The Independent UK

Banking and insurance gripes pushing up financial complaints figures – ombudsman

Complaints in the first half of this year have particularly increased in the banking and insurance sectors, the Financial Ombudsman Service said.

The Hindu

Most mental health establishments need to be restructured as per contemporary requirements: NHRC

NHRC urges restructuring of mental health establishments to meet contemporary requirements. Seeks measures to boost accessibility to treatments for financially disadvantaged. Recommends constituting mental health authority, review boards, framing rules, insurance policies, DMHP, separate wards, digitised record keeping, in-house labs, training modules, and educating public on mental health.

The Guardian - UK

Avis refuses to refund me for excess car hire insurance I said no to

Hiring a car in Europe is still something of a leap of faith, despite big improvements in recent years

InsideEVs

Rivian R1T Fender Bender Fixed For A Fraction Of $41K Repair Estimate

After being hit from behind, an R1T owner from North Carolina was quoted $41,000 by a local body shop to have his truck fixed, which led his insurance company to say “Nope."

The Independent UK

Nearly £600 is spent per year on average on home upgrades, survey finds

Renters are particularly unlikely to have insurance to protect their belongings, according to the research.

The Guardian - UK

‘They’re only babies’: Israeli relatives of hostages plead for help

Women, infants and disabled people among about 100 thought to have been taken by Palestinian militants as ‘insurance policy’

The Hindu

‘Public sector undertakings must only employ licensed surveyors to ensure policy holders do not face losses’

Licensed surveyors urge PSUs to use their services to protect policy holders from wrong assessment. Unqualified surveyors may under/over assess losses. 250 licensed surveyors in Chennai, 750 in State. Hold engineering degrees, passed IRDAI exam. Paid less than licensed surveyors. 80% of claims under ₹50,000. Claimants urged to ensure licensed…

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