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The Latest Breaking News from Insurance

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.

Reuters

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

The Guardian - UK

Martin Lewis issues urgent travel warning to anyone booking a holiday now

Martin Lewis shared how his "heart sinks" when he hears stories from people who didn't get around to booking their travel insurance and have lost money because of it

Daily Mirror

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Four in five Brits say cost of living has made them more determined to bag a bargain

Clothing, insurance, and food shopping are the areas in which Brits are now likely to take more time to find the best deals

Daily Mirror

Martin Lewis issues urgent warning to people with a holiday booked this summer

Martin Lewis has issued a ‘desperate’ warning to everyone who has booked a holiday abroad this summer but has not yet bought their travel insurance.

Glasgow Live

80% of cancer patients unable to safely take a holiday abroad

Neil Pearce, co-founder of cancer charity PLANETS, described the situation as a “scandal”

Wales Online

Martin Lewis issues urgent warning to every person with a holiday booked abroad this summer

The consumer champion is urging holidaymakers not to take any chances before they jet off.

Daily Record

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Insurance 'scam' case: CBI searches at nine locations in Jammu and Kashmir, Delhi

The CBI on May 17 conducted searches at the premises of the then aide of former Jammu and Kashmir Governor Satya Pal Malik and eight other locations in Delhi and the Union Territory in the alleged insurance scam case, officials said.

The Hindu

More than 10 million UK adults struggling with bills and credit repayments – FCA

Around 5.6 million adults were estimated to have missed bills or loan payments in at least three of the previous six months, the FCA said.

The Independent UK

Pregnant Nottingham woman stuck in Greek hospital 'fearing for baby'

She has hit out at an insurance firm who she says missed a chance to repatriate her

Nottingham Post

Louisiana House passes unemployment insurance indexing bill

The Louisiana House of Representatives on May 10 passed a bill that would index the length of unemployment insurance benefits to the state’s unemployment rate. House Bill 340 would reduce the maximum number of benefit weeks to 12 when the unemployment rate is at or below 5%. The bill also…

Ballotpedia

NSW taxpayers to fund indemnity for 47 organisations against child abuse claims

Exclusive: State government steps in as private insurers refuse to provide coverage to organisations working with vulnerable children

The Guardian - AU

Millennial Money: What’s concierge medicine? Is it worth it?

Concierge medicine, a business model in which patients pay a membership fee to have a direct relationship with a doctor — used to feel like something just for the well-to-do

The Independent UK

Lifesaving or stigmatizing? Parents wrestle with obesity treatment options for kids

New weight-loss medications and bariatric surgery have the potential to spare children health and social problems. But some parents think they're sending kids the wrong message about their bodies.

WEKU

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The Independent UK

More companies help with fertility care, but it is still out of reach for many

Coverage of fertility treatments remains hard to find in many corners of health insurance even as it grows briskly with big employers that see it as a must-have benefit to keep workers

Reason

Fifth Circuit Issues Administrative Stay Blocking District Court Decision Striking Down Obamacare Preventive Care Insurance Mandates

The stay is only temporary, and could be quickly lifted. But it's still a negative sign for the plaintiffs in the case.

The New Daily

Builders face more scrutiny after Porter Davis collapse

Victorian construction businesses will face court action if they fail to arrange necessary insurance in time, in changes prompted by the Porter Davis collapse.

The Conversation

Government plans to use NDIS purchasing power to help save billions – but they shouldn't put products before people

Last week’s federal budget included a A$732.9 million investment to get the National Disability Insurance Scheme (NDIS) “back on track”. In the next four years, there are also plans for a $15.3 billion reduction in NDIS costs.

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GoodToKnow

8 toxic spending habits parents should ditch RIGHT NOW

The art of saving money for your family includes eliminating those harmful spending patterns that could be costing more than you realise

StockNews.com

3 Insurance Stocks Worth Buying in May

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…

Roll Call

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.

The Guardian - UK

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

Ideal Home

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

ABC News

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.

The Hindu

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.

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