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The Latest Breaking News from Insurance

Texas cotton farmers leading the charge for more government insurance to cover climate, inflation challenges

The federal Farm Bill is must-pass legislation that Congress debates every five years. It includes billions of dollars in farm subsidies and pays for food assistance programs.

The Texas Tribune

Houston lesbian bar was denied insurance coverage for hosting drag shows, owner says

Julie Mabry, who opened Pearl Bar in 2013, said the bar was created to provide a safe space for those in Houston's LGBTQ+ community.

WEKU

Factbox-Parametric insurance policies help cushion climate impacts

The damage wrought by climate change has spurred countries and communities across the developing world to look at using so-called 'parametric' insurance to help cushion the financial blow.

Reuters

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Heat insurance offers climate change lifeline to poor workers

(This May 19 story has been corrected to show ICICI Lombard was the insurer, not ICICI Bank, in paragraph 29)

Reuters

Scot found dead in Lanzarote was discovered in alleyway after suffering heatstroke

Robert Campbell's sister Margueritte Devine thanked the Record as the family raised more than £6,000 to have their loved one’s body flown back home after his insurance expired.

Daily Record

Hyundai, Kia Settle US Class Action Lawsuit Over Vehicle Thefts For $200M

The settlement covers approximately 8.3 million vehicles and includes $145 million in compensation for out-of-pocket losses.

Motor1

AMP and MLC fined millions for historic violations

AMP Group will pay $24 million and MLC has agreed to $10 million in fines after systems failures led to breaches in customer trust.

AAP

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Utah kids' book author accused in husband's death changed life insurance policies, prosecutors say

Updated charging documents say a Utah woman who wrote a children’s book about grief after her husband’s death and was later arrested for killing him had made changes to her husband’s life insurance years before when she is accused of fatally poisoning him

The Independent UK

Immigrants, advocates push for expansion of state’s affordable health care program

Illinois legislators hammering out the state budget could expand affordable health care access to noncitizens ages 19 to 41.

Chicago Sun-Times

Social welfare Ireland: Workers could be eligible for up to €220 per week

If you find yourselves unable to work for a time there is a payment available worth up to €220 per week

Irish Mirror

3 Medical Stocks to Add to Your Portfolio

Healthcare costs have been rising over the years, and the need for health insurance is paramount. Given the long-term growth prospects of the medical-health insurance industry, it could be wise to buy fundamentally strong medical stocks UnitedHealth Group (UNH), Cigna (CI), and Molina Healthcare (MOH). Keep reading.

StockNews.com

Pick a college bank account as carefully as your college

Your college bank account should have the right set of features for you and minimal fees

The Independent UK

Average price of home insurance rises to more than £310 during first part of this year

Home insurers paid out £2.5 billion to help customers cope with unexpected events in 2022.

Daily Record

Martin Lewis issues holiday warning you need to hear

"I say this with a hint of desperation"

GoodToKnow

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Edinburgh Live

Scottish mum denied insurance claim for 'failing to disclose symptoms' before she had any

Jade says that she has paid thousands in premiums but that a catalogue of errors has led to her insurance firm, Zurich, refusing to pay out for a life changing procedure.

Kiplinger

Deadbeat Lawyer Trying to Rip Off Doctor Gets Busted

This story serves as a lesson in how to deal with a lawyer who refuses to honor a letter of protection and pay up after a settlement.

The Guardian - US

It’s time to guarantee healthcare to all Americans as a human right

It is time to end the international embarrassment of the US being the only major country that does not guarantee healthcare

Nottingham Post

Martin Lewis issues warning to every person with holiday abroad booked

He has issued a warning about travel insurance

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Zenger

European Commission Inaction Is Putting The EU’s Insurance Market At Risk

The Romanian Financial Supervisor Authority announced its bankruptcy proceedings against City Insurance SA.

The Independent UK

6% annual increase in average price paid for home insurance

The average price of combined home buildings and contents insurance has increased at a below-inflation rate over the past year, the ABI said.

Belfast Live

North West 200: 'Work must start now to ensure future of event' says MLA

The future of the North West 200 remains under threat due to rising insurance premiums and overall costs

Chronicle Live

Martin Lewis issues 'desperate' warning to anyone with a summer holiday booked to 'act now'

Martin warned that failing to take a crucial step when you book your getaway could be disastrous if you end up not being able to travel

Daily Record

New State Pension may take longer to be paid to people reaching retirement age this year

Men and women turning 66 this year will be eligible to claim their State Pension entitlement.

Reuters

Explainer-What happens if Black Sea grain corridor deal is not extended?

A deal allowing Ukraine to export grain via the Black Sea expires on May 18, with Kyiv hoping for an extension and Moscow pushing a list of demands in return for its support.

The Guardian - UK

Could Guyana’s Exxon ruling scare big oil off risky exploration?

Ruling requiring ‘unlimited guarantee’ from oil firms to cover costs of spills could change offshore drilling throughout region

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