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The Latest Breaking News from Insurance

Lack Of Repair Data For Damaged EV Batteries Leading To Higher Insurance Costs

One of the biggest hurdles faced by car insurance companies is the lack of reliable diagnostics data for EV batteries that have been involved in a crash, which oftentimes leads them to declare a mildly damaged vehicle as totaled.

InsideEVs

Unsupervised learner driver stopped after doing seatbelt up - without being in it

The provisional license holder was driving unsupervised, with no insurance and without a seatbelt

Nottingham Post

French insurers to pay out €650 million in claims related to rioting

France's federation of insurance providers has estimated the cost of burned buildings and looted shops during recent rioting and demonstrations following the police shooting of a young man would cost companies at least €650 million.

Radio France Internationale

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Insurance companies sue energy corporation after it was blamed for helping start Colorado wildfire

Dozens of insurance companies are suing Minneapolis-based Xcel Energy to recoup money paid out to homes and businesses lost in Colorado’s most destructive wildfire in 2021

The Independent UK

Jobless Claims Climb, Part-time Employment Surges In US

US Unemployment Claims Rise to 248,000, Part-time Workers Increase to 5.4 Million in June.

Zenger

Medicare vs. Medicaid: What is the difference between these two health programs?

What to know to access the right one for your own, or a loved one’s needs.

Fortune

Classic fairytales reimagined to highlight benefits of having smart tech at home

Comedian and actor Ellie Taylor sat down to read the classic story, Goldilocks and the Three Bears - but with a modern twist

Daily Mirror

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Tamil Nadu Apex Skill Development Centre aims to create 10,000 jobs in BFSI sector

The Tamil Nadu Apex Skill Development Centre for Banking Financial Services and Insurance (TNASDC BFSI) plans to create at least 10,000 jobs in the sector, a bulk of which will come through the ‘Naan Mudhalvan’ skilling initiative.

The Hindu

Warning as up to 10 million people risk being underpaid in huge DWP blunder

The Department for Work and Pensions (DWP) used to automatically add National Insurance credits to claimants' records - but switched to doing this manually from 2017/18

Daily Mirror

Should you bring your wallet backpacking?

Should you bring your wallet backpacking? We talk you through what to carry on every backpacking trip, and how to ensure it stays safe

Advnture

U.S. weekly unemployment insurance claims rise to 248,000

New applications for U.S. unemployment insurance benefits rose 12,000 for the week ending July 1 to a seasonally adjusted 248,000. The previous week’s figure was revised down by 3,000 to 236,000. The four-week moving average as of July 1 fell 3,500 from the previous week’s revised average to 253,250.

Ballotpedia

DWP to repay thousands of people after payment errors

Mums now in their 60s and 70s will have been primarily impacted by the error

Liverpool Echo

Holidaymakers warning over compensation as strikes could ground 12,000 flights a day

Industrial action by air traffic controllers is considered to be an 'extraordinary circumstance' outside of an airline's control

Chronicle Live

The Courts vs. Misinformation Cops

Plus: A listener questions last week’s discussion of the Supreme Court's decision involving same-sex wedding websites and free expression.

Reason

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Wales Online

Comedian Ellie Taylor reads classic children's fairytales with a modern twist

A new series of reimagined takes on classic fairytales, read by comedian and actor Ellie Taylor, has highlighted the benefits of having smart technology at home

The Hindu

Families of fishermen who died at sea await insurance claim settlement from Centre

Families of fishermen from Pulicat, near Chennai, who died at sea since the year 2018, are still waiting for settlement of claim from the Centre’s group insurance scheme

Kiplinger

Are Bonus Annuities a Good Deal?

What seems like free money might not be in the long run, but sometimes bonus annuities can be worth it. Here’s how to figure out if one would work for you.

Al Jazeera

Silicon Valley Bank’s former owner sues US watchdog for $1.9bn

Federal Deposit Insurance Corporation accused in lawsuit of violating US bankruptcy law.

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Dublin Live

Delivery driver nabbed by Dublin gardai after breaking red light

Gardai from Store Street on patrol in the city centre last night caught a brazen motorcyclist driving with no licence or insurance

The Conversation

'On my worst day ...' How the NDIS fosters a deficit mindset and why that should change

The National Disability Insurance Scheme (NDIS) was designed to empower and support people with disability. But ten years into the scheme, many participants are finding their encounters with the NDIS dehumanising and burdensome.

Fortune

Ozempic isn't alone. A whole class of 'revolutionary' weight-loss drugs is on the market—but only for the wealthy

“We're experiencing something here that is very, very different, very exciting from a healthcare perspective, and very expensive,” says Aon's Michael Manolakis.

The Guardian - UK

From car insurance to tolls: what Britons need to know before driving to mainland Europe

Do you need breakdown cover and which firms are offering the best deals?

The Guardian - UK

To those who claim the NHS has turned into a British religion, I say: keep the faith

The 75th birthday of the health service has prompted renewed calls for its reform. They should be resisted

The Hindu

Russia oil discount to India shrinks to $4, delivery charges remain opaque

The steep discounts on Russia crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continues to remain ‘opaque’ and higher than normal

The Independent UK

Inquiries jump to service which helps people to find affordable insurance

The British Insurance Brokers’ Association said that 97,862 inquiries were handled in 2022.

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