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The Latest Breaking News from Insurance

‘A no-brainer’: paying attention early can supercharge your super

When it comes to superannuation, $1 at 30 is worth $5 by retirement. Experts share their tips on maximising your retirement savings

The Guardian - AU

Narromine Shire Council demands answers as cost of home insurance soars

Narromine residents say it was 1955 when the Macquarie River last flooded in their town. They are angry their insurance premiums are spiking now.

ABC News

It's time to stop the election hand-outs when we cast our votes

A clear majority of people do not take the paper and I never see people stand and look at any of the posters along the way.

Newcastle Herald

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How to get the best travel insurance deal

Sunscreen and sunglasses are travel essentials, but insurance is perhaps the most important thing you can take on holiday.

The Week

Travel insurance: what to look for when buying travel cover this Easter

Buying travel insurance can seem like one more job on your holiday ‘to do’ list, but it’s important you don’t leave home without it. We explain what to look for when shopping around for the best deal

The Money Edit

Jury told woman set up woodchipper murder for insurance

Queensland woman Sharon Graham has been accused of planning the murder of her ex-partner via a fake woodchipper accident in order to claim his life insurance.

AAP

Colorado on track to increase access, make abortion and gender-affirming protections law

After more than 29 hours of often tense and emotional debate over three days, Colorado lawmakers passed Democrats’ three priority abortion and gender-affirming-care bills Saturday night.

The Denver Post

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Incremental growth

The local insurance industry posted continuous growth over the past decade, reflecting increasing consumer demand and awareness of the importance and benefits of insurance in protecting their well-being.

Bangkok Post

After the Recent Banking Crisis, What Can You Bank On?

Now would be a good time to take stock of how your nest egg may be exposed in a banking crisis. Here are five things you should know about.

Kiplinger

Biden administration appeals US ruling on health coverage mandate

Case could decide whether Obamacare can require insurance providers to cover preventive services for cancer and HIV.

Al Jazeera

Boy Scouts bankruptcy plan headed to federal appeals court

Attorneys for several insurance companies are appealing a federal judge’s decision to uphold the confirmation of a $2.4 billion bankruptcy reorganization plan for the Boy Scouts of America

The Independent UK

How Harsh Weather Affects Financial Benefits of Moving to Florida

The financial benefits of moving to Florida could be overshadowed by catastrophic weather leading to insurance rate hikes.

Kiplinger

Social Security insolvency seen coming a year earlier than before

WASHINGTON — The Social Security system’s retiree fund will be able to fully pay scheduled benefits until 2033, one year earlier than reported last year.

Tribune News Service

Judge’s decision would make some no-cost cancer screenings a thing of the past

A federal judge on Thursday overturned a portion of the Affordable Care Act that makes preventive services, such as some cancer screenings, free to enrollees, a decision that could affect health insurance policyholders nationwide.

Tribune News Service

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Reason

Federal Court Strikes Down Obamacare Preventive Care Insurance Mandates

The ruling is based on separation of powers and Religious Freedom Restoration Act grounds.

Roll Call

Social Security, Medicare funds face depletion within a decade - Roll Call

Social Security’s finances worsened over the past year while Medicare's improved slightly, according to government actuaries.

Fortune

Community bank CEO: ‘Congress must raise the bank deposit insurance limit to $10 million’

Exception-based coverage signals to depositors that they might get some extra protection at a systemically important bank–and compounds risk.

Daily Mirror

End of tax year: 7 things to check NOW that affect everything from savings to pensions

Unlike the traditional calendar year, the tax year doesn’t run from January to December - instead, it always starts on April 6 and ends on April 5 the following year

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The Conversation

The Loss and Damage Fund: How can Indonesia use it to boost climate adaptation efforts

Climate finance was at the centre of The United Nations Climate Change Conference (COP27) in Egypt last year. For many, the highlight was the agreement to establish a fund to assist developing countries in responding to loss and damage associated with the adverse effects of climate change.

Birmingham Post

Newport insurer acquired by US insurance giant

Welsh firm Acquis, Europe's leading specialist insurance provider for leased equipment, has been bought by NSM Insurance Group

AAP

Australians bracing for health insurance price hikes

More than a million Australians are set to face increased health insurance premiums, with HBF among the providers upping prices.

The Independent UK

Cost-of-living challenge fuelling surge in bogus insurance claims – Zurich

The total value of fraud prevented across all lines of Zurich’s business was £71.5million, averaging around £195,890 per day.

The Japan News/Yomiuri

Kishida wants childbirth covered by public health insurance

Prime Minister Fumio Kishida wants to have childbirth expenses covered by public health insurance in the future, as part of efforts to create an environment that is more conducive to having children.

Salon

Texas judge strikes major blow to ACA

Federal judge in Texas strikes down key Affordable Care Act provision regarding preventive care services

The Texas Tribune

Federal judge in Texas strikes down key ACA provision regarding preventive care services

A federal judge in Texas found the appointment of the volunteer body issuing preventive care requirements, unlawful.

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