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The Latest Breaking News from Insurance

State pension triple lock 'utterly unaffordable' and will 'bankrupt UK', Tory MP declares

Sir Edward Leigh also suggested a social insurance model instead of the NHS, slammed people who are 'choosing not to work' and demanded small boat migrants are 'detained, arrested, dealt with quickly and deported'

Daily Mirror

Saving Main Street: Local businesses need community support to stay afloat

Main Street businesses that survived COVID-19 restrictions are now navigating a pandemic recovery where predicted changes in the retail industry have been accelerated by five to 10 years.

The Conversation

Analysis-First U.S. coral insurance marks the rise of the reef brigades

Conservation group The Nature Conservancy's vision for the future of coral protection involves speed boats, and a global army of snorkellers and divers deployed when tropical storms and hurricanes damage reefs.

Reuters

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Black Friday warning for Brits booking holidays - 4 key checks you need to make

The UK Civil Aviation Authority has warned Brits looking for a Black Friday holiday bargain to make four key checks before stumping up for a deal that may be too good to be true

Daily Mirror

Canada’s Manulife Approved to Take Full Control of Its China Mutual Fund Venture

The insurance giant will follow in the footsteps of BlackRock, Fidelity, and Neuberger Berman in running a wholly foreign-owned mutual fund business

Caixin Global

Car insurance finetch start up Driverly boosted with six-figure pre-seed investment round

Funders of the round into the Cardiff-based firm include the Development Bank of Wales

Birmingham Post

Family travel 5: Travel insurance — is it worth it?

Recent world events have travelers pondering the potential benefits of travel insurance.

Tribune News Service

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Fixed-rate mortgage coming to an end? You might be in for a shock

Homeowners who have been enjoying an ultra-low fixed-rate mortgage may be in for a shock when it comes time to refinance, with experts predicting some recent buyers will find themselves trapped in a "mortgage prison".

The New Daily

Police seize over 1,400 uninsured vehicles on NI roads this year ahead of new campaign

Car owners face an automatic £200 fine and six penalty points on their licence

Belfast Live

Higher costs coming for NSW businesses

NSW workers' compensation premiums will need to dramatically increase to shore up the health of the insurance scheme, Treasury has warned the government.

AAP

Stopping the Medicaid churn

Multiple states are rethinking their enrollment policies for the youngest Medicaid members

Salon

Small retailers ditch insurance over rising costs

Premiums and excesses have skyrocketed while coverage has dropped, forcing some retailers to forgo insurance. Others refuse to report attacks in order to avoid their own insurance cost

Newsroom.co.nz

A climate reparations insurance scheme

A group of countries led by Germany announced a climate insurance scheme called the Global Shield at COP27

Salon

Holiday warning as older travellers hit with 'hidden costs' which experts deem 'unfair'

People who are not tech savvy are also paying more for organising holidays over the phone rather than online.

Daily Record

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The Guardian - UK

‘I’m investing some hope’: four women on their decision to freeze their eggs

After scientists cautioned against egg freezing as an ‘insurance policy’, we hear what drives women to do it

Ballotpedia

U.S. weekly unemployment insurance claims rise to 225,000

New applications for U.S. unemployment insurance benefits rose 7,000 for the week ending November 5 to a seasonally adjusted 225,000. The previous week’s figure was revised up from 217,000 to 218,000. The four-week moving average as of November 5 fell to 218,750 from a revised 219,000 as of the week…

The Conversation

What the world would lose with the demise of Twitter: Valuable eyewitness accounts and raw data on human behavior, as well as a habitat for trolls

What do a cybersecurity researcher building a system to generate alerts for detecting security threats and vulnerabilities, a wildfire watcher who tracks the spread of forest fires, and public health professionals trying to predict enrollment in health insurance exchanges have in common?

Salon

California stockpiled uninsured fines

Those without health insurance were fined. The state was supposed to distribute the revenue to people without care

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Wales Online

World Cup flags and stickers on cars could see you fined £2,500

You could also invalidate your insurance

Birmingham Post

Aflac NI appoints new boss ahead of office move

The tech arm of the US insurance business is one of the first to move into Belfast Harbour's City Quays 3

The Guardian - UK

How the autumn statement will impact households, from single mums to married pensioners

Freezing of thresholds means those receiving a wage rise will pay more tax, while benefits increase by the rate of inflation

Fortune

Homeowner’s liability coverage protects you from expensive accidents

It covers property damages, medical, and legal fees for accidents you are responsible for.

Bangkok Post

Mobile firms seek growth with insurers

Mobile operators are expanding their foothold in the insurance market via partnerships as digital insurance still has a low penetration rate and the business can help support customer retention.

Irish Mirror

The viral TikTok Christmas car decor trends that could void your car insurance

"Altering the exterior of your car can be classed as a modification which in some instances can void your insurance and invalidate your cover"

ABC News

City of Gold Coast mapping shows additional 88,000 properties at risk of flooding

The mapping shows many more properties than previously thought will be at flood risk in a "worst-case" weather scenario, prompting concerns over insurance premiums.

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