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The Latest Breaking News from Insurance

Payouts for bereavement, illness and injury claims reach £18.6m per day

A record £6.8 billion was paid out in individual and group life insurance, income protection and critical illness claims in 2021.

The Independent UK

Woman who expected to pay $1,337 for surgery was billed $303,709

Lisa French unknowingly had signed up to pay all charges related to the hospital’s then-secretive ‘chargemaster’ price rates

The Independent UK

If you think your home build could be in doubt, here's what your next steps should be

Rumours about the future of Australian construction giant Metricon have left many people questioning how secure their home building projects are.

ABC News

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Insurance Stocks Moving In Friday's Intraday Session

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.

Benzinga

Nigeria plans healthcare fund for poor without schemes

Nigeria plans to set up a healthcare fund to cover up to 83 million poor people who cannot afford premiums for insurance schemes, President Muhammadu Buhari said at the signing of a universal health coverage law.

Reuters

Serial driving while disqualified motorist gets jail term

Twenty-five-year-old Gargunnock man also banned from the road for four years.

Daily Record

Murder trial told Chris Dawson arranged to forge wife's signature on life insurance policy

A Sydney court hears evidence accused murderer Chris Dawson arranged for his wife Lynette's signature to be forged on life insurance paperwork after she disappeared.

ABC News

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BKI posts B3.58bn first quarter loss

SET-listed Bangkok Insurance (BKI) reported a net loss of 3.58 billion baht for the first quarter, down 539% from a net profit of 816 million last year, after being hit by surging Covid claims.

Bangkok Post

Court tosses $300,000 hospital bill for promised $1,300 tab

Colorado’s Supreme Court has ruled in favor of a woman who expected to pay about $1,300 for back surgery but was charged more than $300,000 by a suburban Denver hospital

The Independent UK

Jobless claims in US Climb to highest level since January

Applications for U.S. state unemployment insurance unexpectedly rose last week to the highest level since January, led by increased filings in Kentucky and California.

Tribune News Service

Pensioner forced to give up going to pub due to cost of living crisis

Tony Collins told Dublin Live he is being hit on all sides by price hikes on energy bills, heating oil, medical insurance and fuel for the car

Dublin Live

Insurance Stocks Moving In Thursday's Intraday Session

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.

Benzinga

5 Outperforming Health Insurance Stocks Rated 'Strong Buy'

Demand for health insurance policies has soared over the past couple of years and is projected to continue rising amid heightened health awareness in the post-pandemic era. Thus, we think the stocks of quality health insurance companies Humana (HUM), Cigna (CI), Centene (CNC), Molina Healthcare (MOH), and Anthem (ANTM) could…

StockNews.com

Kentucky announces plans to launch mobile unemployment insurance office

The Kentucky Office of Unemployment Insurance (OUI) announced plans on May 11 to launch a mobile office that aims to help citizens access unemployment insurance services. The office aims to help those in poorer communities complete tasks like filing for unemployment benefits, verifying their identities, and determining their eligibility for…

Ballotpedia

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U.S. weekly unemployment insurance claims rise to 200,000

New applications for U.S. unemployment insurance benefits rose 19,000 for the week ending April 30 to a seasonally adjusted 200,000. The previous week’s figure was revised up from 180,000 to 181,000. The four-week moving average as of April 30 rose to 188,000 from a revised 180,000 as of the week…

Ballotpedia

Oklahoma legislature passes unemployment insurance indexing bill

The Oklahoma House of Representatives gave final approval May 17 to House Bill 1933, which would index unemployment insurance benefits, tying the length of benefits to the state’s unemployment rate. The Seante passed the bill April 26. If the governor approves the bill, Oklahoma will provide shorter periods of benefits…

Ballotpedia

Michigan waives 55,000 pandemic unemployment insurance overpayments

The Michigan Unemployment Insurance Agency announced May 4 that an additional 55,000 unemployment insurance claimants who received overpayments during the coronavirus pandemic will not have to repay the funds. The agency also said about 400,000 overpayments totalling $4.3 billion had already been forgiven.

Ballotpedia

Colorado legislators pass bill to direct federal funds to repay unemployment insurance debt

Colorado legislators on May 10 passed a bill that would direct $600 million of federal American Rescue Plan Act (ARPA) funds to help pay back the state’s $1 billion unemployment insurance trust fund debt to the federal government. The bill would also forgive certain non-fraud overpayments, meaning some workers who…

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Ballotpedia

U.S. weekly unemployment insurance claims rise to 203,000

New applications for U.S. unemployment insurance benefits rose 1,000 for the week ending May 7 to a seasonally adjusted 203,000. The previous week’s figure was revised up from 200,000 to 202,000. The four-week moving average as of May 7 rose to 192,750 from a revised 188,500 as of the week…

Daily Mirror

Owners can save nearly £1,000 with one smart decision when buying a dog

A pet insurance company has revealed that choosing to adopt a rescue dog from a shelter instead of purchasing a new puppy from a breeder could save you a staggering £921

The Independent UK

Which holiday destinations still require a pre-travel Covid test?

These vacation spots still demand a PCR or antigen test - even if you’re vaccinated

The Guardian - UK

Three ways Sunak could raise £10bn to help Britons struggling with energy bills

Analysis: the chancellor has a set of options for making the tax system fairer at the same time as bringing in revenue

The Guardian - UK

Ex-Labour MP must pay £434k damages to woman he repeatedly assaulted

Pioneering case against Mike Hill may lead to court action from other victims of sexual offences by MPs

Daily Record

Driver steals her own Land Rover car back from thieves using handy GPS tracker

Jo Coombs was devastated when her Land Rover Discovery was stolen from outside of her home, but swiftly remembered that her insurance policy came with a GPS tracker and she got to work locating her vehicle.

The Independent UK

Martin Lewis shares tip for increasing pension fund by £5,000

Rules around making voluntary national insurance contributions are set to change next April

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