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The Latest Breaking News from Insurance

Warning over these ‘high-tech methods’ used by thieves to steal cars as cases soar 25%

Criminals are also using ‘advanced practices’ to overcome enhanced vehicle security systems, experts warn

The Independent UK

District court finds Affordable Care Act preventative healthcare provision unconstitutional

The United States District Court for the Northern District of Texas on March 30, 2023, issued a ruling in Braidwood Management v. Becerra striking down a provision of the Affordable Care Act (ACA) that requires private health insurance plans to cover preventative healthcare services without patient cost-sharing.

Ballotpedia

Victoria state budget winners and losers: free kinder, new taxes on businesses and the end to native timber logging

Families with young children and hospitals to benefit, while big businesses and property investors hit with new taxes

The Guardian - AU

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U.S. weekly unemployment insurance claims fall to 242,000

New applications for U.S. unemployment insurance benefits fell 22,000 for the week ending May 13 to a seasonally adjusted 242,000. The previous week’s figure was unrevised at 264,000. The four-week moving average as of May 13 fell to 244,250 from an unrevised 245,250 as of the week ending May 6.

Ballotpedia

Vehicle thefts up 25% as criminals use ‘variety of hi-tech methods’

Some 130,389 incidents of vehicles being stolen were recorded in 2022, according to AA Insurance Services analysis.

The Independent UK

Warning to drivers who give their mates a lift

Drivers could have car insurance claims invalidated if they run common errands or park in the wrong place

Liverpool Echo

3 Software Stocks to Consider Buying

Despite facing the brunt of the Fed’s aggressive interest rate hikes, the long-term prospects of the software industry look bright, thanks to rapid digitalization and growing dependency on tech-based solutions. Hence, investors could consider buying software stocks GoDaddy (GDDY), CSG Systems International (CSGS), and Sapiens International Corp. (SPNS). Read more….

StockNews.com

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Florida flood insurance costs are about to explode. ZIP codes closest to the coast will pay the most

Events of the past year have convinced more Florida homeowners of the need to carry flood insurance.

Tribune News Service

3 China Stocks to Buy Under $5

Ditching the stringent pandemic restrictions, resulting in a quick recovery of economic activities, China is well-positioned to remain buoyed in the foreseeable future. Given this backdrop, quality China stocks FinVolution Group (FINV), Waterdrop Inc. (WDH), and Viomi Technology (VIOT), trading under $5, could be solid buys now. Read on….

StockNews.com

Drivers could cut their car insurance bill by up to £168 if they don't drive often

Usage-based car insurance policies are growing in popularity as motorists are typically driving fewer miles each year says Compare the Market

Daily Mirror

New calls to allow people to pay mortgage through their wages before tax and National Insurance deductions

Paying for things through your company payroll using your pre-tax salary is known as ‘salary sacrifice’.

Daily Record

Medicare Advantage supplemental health plans draw scrutiny - Roll Call

Though supplemental benefits often draw seniors to Medicare Advantage plans, insurance experts question their value.

Roll Call

With growing abortion restrictions, Democrats push for over-the-counter birth control

With abortion increasingly restricted in many states, Sen. Patty Murray (D-Wash.), hopes to persuade Republicans to back insurance coverage for over-the-counter birth control.

WEKU

Texas Senate OKs extending postpartum Medicaid — with an anti-abortion amendment

New moms will be able to keep their health insurance for a full year under a proposal the Senate passed Sunday. A last-minute anti-abortion amendment means the bill will go back to the House.

The Texas Tribune

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The Hindu

Breakthrough in woman techie’s murder in Prakasam

During investigation, the police found that Mr. Mohan Reddy had taken an insurance policy of ₹1.50 crore in her name.

Tribune News Service

Florida is purging its Medicaid rolls. Here’s 5 things to know

TAMPA, Fla. — Roughly 250,000 Floridians have lost their Medicaid health coverage since mid-April when the state began reviewing the eligibility of more than 5 million people on its rolls, a figure that swelled in the pandemic.

Daily Mirror

Top reason your car will fall its MOT and what you should look out for

To help drivers avoid failing their MOT, insurance group One Sure has compiled a list of the most common reasons why vehicles fail so they can keep an eye on these parts in particular

Nottingham Post

Full New State Pension payments mean you need to work this number of years

Almost half of UK women are worried they will not have enough money saved for retirement

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Tribune News Service

SpaceX sells Starlink terminals to Unipol for Italy flood relief

Italian insurance company Unipol Gruppo SpA said it has purchased Starlink terminals from Elon Musk’s SpaceX to help with rescue and recovery efforts in flood-stricken areas of the country.

Kiplinger

Safety Tips for Kids and Investing

We use training wheels when children are learning to ride a bike, so why not teach safety tips for kids and investing to make sure they're not financially compromised.

Bangkok Post

Survey: One-third of Asians contribute to retirement fund

One-third of people surveyed in Asia reported they make regular contributions to a retirement fund in an effort to improve their financial health, according to recent research by insurance firm Prudential.

Daily Mirror

Flats bought for £900,000 now worth NOTHING as distraught owners face 'losing everything'

Residents of the new build block in Camden, north London, fear they may be trapped in properties valued at £0 and deemed 'unmortgageable' due to the amount of defects

StockNews.com

3 Groundbreaking Medical Stock Picks for May

The medical industry remains robust thanks to the increased demand for healthcare products and services, fuelling massive returns. Therefore, quality medical stocks Elevance Health (ELV), Humana (HUM), and Centene Corp. (CNC) could be the ideal investments for your portfolios amid current market uncertainties. Read on….

Daily Mirror

Council accidentally publishes staff's names and salaries online in huge blunder

15,000 South Lanarkshire Council workers reportedly saw their salaries, as well National Insurance numbers and work addresses published in a spreadsheet as part of a Freedom of Information request

The Independent UK

Utah mom charged with poisoning husband took out $2m life insurance before his death

A Friday detention hearing for accused poisoner and Utah mother-of-three Kouri Richins was postponed until June

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