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The Latest Breaking News from Insurance

Insurers are among the major beneficiaries of a rising interest rate environment. With the Fed unlikely to cut rates anytime soon, the insurance industry will likely benefit. Hence, it could be wise to buy fundamentally strong insurance stocks, Everest Re Group (RE), Reinsurance Group of America (RGA), and International General…

StockNews.com

Specialty crop producers seek farm bill recognition, support - Roll Call

Growers of specialty crops are urging lawmakers to give their interests higher priority in the 2023 farm bill.

Roll Call

Give customers a fair deal or else, finance regulator warns sector

The Financial Conduct Authority will soon launch the ‘consumer duty’, a tough new regime supposed to ensure firms put people’s needs first

The Guardian - UK

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5 mistakes to avoid when choosing 0% finance to buy a sofa

Looking to purchase a sofa on 0% finance? Make sure you avoid these common mistakes to save hassle and money

Ideal Home

Rivervue retirement village, struck by Maribyrnong River disaster, had $5 million flood insurance limit

Residents in a riverside retirement village that flooded last October, extensively damaging dozens of homes, say they were staggered to learn the village had a limit of $5 million for flood insurance.

ABC News

Farmers, collectives seek insurance cover, subsidies for promoting millet cultivation in Kerala

While 2023 is being celebrated as the International Year of Millets, farmers and millet enthusiasts in Kerala rue the absence of institutional support systems such as insurance cover that are vital for their sustainable farming.

The Hindu

Insurance Companies Sue Hyundai, Kia Over Rash Of Vehicle Thefts

Over 65 insurers are demanding reimbursement from the carmakers.

Motor1

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With insurance cover, all Kalangummukal residents can now sleep tight

Kalangummukal will be Kerala’s first fully insured ward as 1,382 residents in the five to 70 age group will be eligible for insurance coverage against accidental death and disability.

The Hindu

Central insurance schemes a boon for common people: NABARD official

Both NABARD and the AP Gramin Vikas Bank have undertaken a special campaign to bring the maximum number of people under these schemes.

The Hindu

10 Ways to Prepare Your Home for Summer Weather

Hot summer weather can take a toll on your home if you're not prepared. Follow these tips to make sure you're ready for the season.

Kiplinger

9 times flip-flopping Rishi Sunak broke his promises - from NHS waiting lists to taxes

The PM has become notorious for chucking promises made to voters as he has whacked up taxes, failed to cut record hospital waiting lists and ditched a Brexit pledge to scrap EU laws

Daily Mirror

Worker at vets scammed more than £37,000 in fake pet insurance claims for seven cats, dogs and rabbits that didn't exist

Helen Pearse pretended she had several pets that didn't exist in order to make the claims

Wales Online

AustralianSuper's 'alarming' $70m double-up on customer accounts sparks calls for wider investigation

Australia's biggest superannuation fund reveals that it has been double charging some customers, and will refund around $70 million in fees and insurance costs to about 100,000 people.

ABC News

Trusted Northumberland vets practice employee spared jail for £36,000 fraud

Helen Pearse, of Widdrington Station, carried out a series of frauds on insurance companies through her role at a Northumberland-based veterinary practice

Chronicle Live

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Daily Record

Stirling police officers found machete and knife in boot of man's car in city street

Cops found a machete with a two foot blade in the boot of a car after it had been stopped on a Stirling road. A knife with a three-inch blade was also found in the boot of the Ford. It had been stopped on Kerse Road on the afternoon of…

Daily Mirror

Man loses battle for insurance to pay neighbours £530,000 as home 18 inches over boundary

Alex MacPhail was dragged to court by web entrepreneur neighbour Tom Gueterbock and his wife Helen, who claimed he had staged a 'land grab'

Wales Online

The key item drivers must have before taking their own car abroad this summer

You could be fined or even have your vehicle confiscated if you don't have it

Kiplinger

Preparing for the Next Recession: Six Considerations for Retirees

Being more disciplined and risk averse in the good times can make it easier to weather the bad times when they inevitably arrive.

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Daily Mirror

Older holidaymakers face 'prohibitive' travel insurance costs

Routine change in blood pressure medication led to demand for extra payment and accusation of price-gouging

Wales Online

MP explains why councils are cutting down trees

The MP argued “the finger of blame is too quickly pointed at a nearby tree"

Wales Online

Average price of car insurance up 16% in first quarter of this year

Energy charges, paint prices and courtesy car costs are among the outgoings which are pushing up the cost of repairs

The Independent UK

Average price paid for motor insurance has jumped by 16% in a year – ABI

Rising costs are becoming increasingly challenging for insurers to absorb, the Association of British Insurers said.

The Guardian - AU

Morning Mail: taxpayers on hook for church abuse claims, Palmer to sue Australia, Bakhmut ‘retreat’

Surge in survivor claims means church bodies cannot obtain insurance, forcing states to step in; mining tycoon seeks more damages over WA dispute

Kiplinger

Free COVID-19 Tests Are Ending Soon: How to Get Yours

Rules on insurance coverage for COVID-19 tests change on May 11. Find out how to get free tests before and after the deadline.

StockNews.com

No.1 Insurance Stock Investors Are Buying

Reinsurance Group of America (RGA) has seen strong buying interest from institutional investors lately after the company’s strong financial performance in the first quarter. As insurers usually benefit from rising interest rates, it could be wise to buy the stock now. Keep reading….

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