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The Latest Breaking News from Insurance

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 Independent UK

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.

The Japan News/Yomiuri

Texas judge strikes major blow to ACA

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

Salon

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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.

The Texas Tribune

Why BRP Isn’t Worth the Money Right Now?

Insurance company BRP Group (BRP) reported mixed financials for the fourth quarter amid significant turbulence in the economy. Considering the macroeconomic headwinds, the stock might be best avoided. Let’s discuss this in detail.

StockNews.com

How to Get Your Long-Term Care Planning on the Right Track

Many of us are not as prepared as we should be, but it’s not too late. Taking these steps today can get you started on planning for your long-term care.

Kiplinger

Truly random drug testing: ADHD patients face uneven urine screens and, sometimes, stigma

Some adults who take prescription medication for attention-deficit/hyperactivity disorder are required to have their urine tested for drugs several times a year. Others never are tested.

Tribune News Service

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Black and Asian people still paying higher car insurance as watchdog accused of being ‘nowhere to be seen’

Citizens Advice reiterates concerns about 'worrying' link between ethnicity and insurance prices

The Independent UK

Martin Lewis gives warning on Good Morning Britain to everyone aged between 45 and 70

The Money Saving Expert says people must fill out gaps in their National Insurance contributions or face losing thousands of pounds

Chronicle Live

Worrying link between ethnicity and insurance costs persists – Citizens Advice

The Association of British Insurers said insurers never use ethnicity as a factor when setting prices and its members comply with the Equality Act.

The Independent UK

Bipartisan group of senators offer clawback bill for bank failures

WASHINGTON — A bipartisan group of senators released draft legislation Wednesday that would claw back executive pay in the five years leading up to a bank’s failure, following President Joe Biden’s call on Congress to take action.

Tribune News Service

Bipartisan group of senators offer clawback bill for bank failures - Roll Call

Four senators from both parties released a draft bill to claw back executive compensation in the five years leading up to a bank failure.

Roll Call

How to protect your home–and your wallet–against natural disasters

Earthquakes, tornados, floods, and fires: Often, the less obvious risks cause the most damage to our homes.

Fortune

Karl W. Smith: Insurance for all bank deposits is a manageable cost

A group of conservative Republicans representatives known as the House Freedom Caucus came out last week against any proposal that would lift the cap on deposit insurance, currently set at $250,000. Members of U.S. Congress on both sides of the aisle are understandably cautious about taking such a dramatic step…

Tribune News Service

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Daily Mirror

DWP: The exact code to look out for when £301 cost of living payment comes in April

The first Cost of Living payment will land in those who are eligible's bank accounts from April 25 and the money should arrive by May 17

Kiplinger

How to Protect Your Cash and Investments in a Banking Crisis

A focus on FDIC insurance and Treasury-only money market or bond fund options can help safeguard investments when a banking crisis threatens.

Chicago Sun-Times

Fed official says banking rules are under review in the wake of SVB failure

Michael Barr, the nation’s top banking regulator, said Silicon Valley Bank was warned in the fall of 2021 that its interest rate model was not ‘aligned with reality.’

The Denver Post

Colorado’s effort to mandate abortion coverage by insurance companies advances

DENVER — A Colorado bill that would require commercial insurance providers to cover abortions for patients without copays advanced through a House committee on Tuesday.

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Ballotpedia

U.S. weekly unemployment insurance claims fall to 191,000

New applications for U.S. unemployment insurance benefits fell 1,000 for the week ending March 18 to a seasonally adjusted 191,000. The previous week’s figure was unrevised at 192,000. The four-week moving average as of March 18 fell to 196,250 from an unrevised 196,500 as of the week ending March 11.

Kiplinger

Study Reveals the Most Trusted Banks

A recent study reveals the top 15 most trusted banks, with one bank ranking as the most trusted for five consecutive years.

Tribune News Service

As more Republican states expand Medicaid to all, Florida lawmakers focus on kids

Florida is unlikely to expand Medicaid this year, as North Carolina and other Republican states have done recently, but lawmakers are pushing measures they say will expand health care for more children from low-income families.

The Guardian - UK

Gary Lineker wins battle with HMRC over £4.9m tax bill

Tribunal rules TV host has not failed to pay any tax or national insurance as IR35 rules do not apply to him

Irish Mirror

Irish drivers paying €300 a month to keep car on the road - and there's more fuel pain on the way

Fuel costs are the top concern when it comes to running a car

Axios

The quiet privatization of government health insurance programs

Medicare and Medicaid have become increasingly dominated by private plans.

WEKU

Pay up, kid? An ER's error sends a 4-year-old to collections

A Florida woman tried to dispute an emergency room bill, but the hospital and collection agency refused to talk to her — because it was her child's name on the bill, not hers.

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