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The Latest Breaking News from Insurance

Ombudsman receiving complaints about falling insurance premiums as well as rises

Customers are continuing to report that changes to their premiums may be unfair, despite a fall in insurance pricing complaints overall.

The Independent UK

Ombudsman receives complaints over insurance premium rises – and falls

The financial ombudsman has been receiving complaints from people after the cost of their insurance has gone down.

The Independent UK

US health insurers raise rates to match increase in usage

Individual health insurance rates are going up across the country

The Independent UK

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Odisha doctor nabbed while taking bribe to certify life insurance claim form

An 8-year-old girl would have received the insured money

The Hindu

Thousands of people with side businesses could have the wrong home insurance, experts say

Experts say thousands of Australians with side hustles and hobby businesses may have unknowingly signed up for home insurance that doesn't cover them properly.

ABC News

Millions of kids qualify for Medicaid. Biden funds outreach to boost enrollment

More than half of uninsured kids qualify for free coverage but don't know it. The government has released $49 million to get the word out, especially as the end of the COVID health emergency looms.

WEKU

Insurance Stocks Moving In Tuesday's Intraday Session

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

Benzinga

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Rhode Island auditor general reports $550 million in unemployment insurance fraud during pandemic

Rhode Island Auditor General Dennis Hoyle released a report on July 12, 2022, estimating the state paid $550 million of fraudulent unemployment insurance benefits from July 1, 2020, through June 30, 2021. The figure was up over the previous fiscal year in which the state estimated $171 million of fraudulent…

Ballotpedia

Melbourne earthquake and recent flooding drive surge in insurance complaints

Thousands of Australians have lodged official complaints over delayed insurance payouts after recent flooding triggered a surge in claims.

The New Daily

What do we really know about the Russian roots of America’s biggest cannabis company?

Curaleaf could be worth $75bn by 2030. But its US-born chair, Boris Jordan, faces questions over his two decades in Russia

The Guardian - US

Insurer warning over long Covid costs

SET-listed Bangkok Insurance (BKI) said long Covid may have an ongoing cost impact on the Thai insurance industry as it could increase the value of claims.

Bangkok Post

Long COVID cases set to grow as more people fall through the cracks of support

Up to 100,000 people could be suffering severe long COVID within the next three months. Another 300,000 people could have some limitations on their daily activities.

ABC News

How to get rid of medical debt — or avoid it in the first place

Lori Mangum was 32 when apple-size tumors sprouted on her head. Now — six years and 10 surgeries later — the skin cancer is gone. But her pain lives on, in the form of medical debt.

Tribune News Service

We need to get serious about fuel supply resilience – and fast

The extension of excise cuts on high pump prices highlights the NZ's vulnerability. It would cost hundreds of millions of dollars a day if we were to run out of fuel, says Simon Terry.

Newsroom.co.nz

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Benzinga

Insurance Stocks Moving In Monday's Intraday Session

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

Benzinga

3 Financial Players To Watch In Cannabis: Alternative Funding Options For A Burgeoning Industry

Opening a small or medium-sized cannabis business requires capital. While federal legalization of marijuana is inching closer to reality, banks are finding it difficult to keep up with regulations within different states that are constantly changing.

Texas Observer

Injured, Sick, Widowed, and Sued

Cities are filing lawsuits to claw back first responders’ hard-won workers’ compensation.

Tribune News Service

Three things to know about insurance coverage for abortion

Will your health plan pay for an abortion now that the Supreme Court has overturned Roe v. Wade?

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The Guardian - AU

‘Dutton insurance’: crossbench MPs set joint demands on Labor’s climate bill

The seven independents want a mechanism to protect emissions target from ‘future governments’ as they signal desire to negotiate

AAP

ANZ stitches deal for Suncorp banking arm

The big-four lender has agreed to pay $4.9 billion for the banking operation as it seeks to shore up its Queensland business.

Manchester Evening News

Dramatic police chase comes to sudden end as car smashes into tree

"That’ll be an interesting conversation with his insurance company"

Tribune News Service

Biden OKs health care-focused budget pact struck in Senate

WASHINGTON — President Joe Biden on Friday endorsed a plan hatched by two key Senate Democrats to pass a budget reconciliation package that would help lower the cost of prescription drugs and protect millions of households from health insurance premium spikes, even if it leaves out important clean energy priorities.

Daily Record

Scots driver ‘thrown across car bumper’ by road rage motorist after stopping to swap insurance details

Macaulay Rhind claims the fellow motorist also pushed and punched him while standing in a lay-by on Glasgow Road, near Edinburgh Airport, at around 7am on Thursday morning.

Daily Mirror

Liz Truss vows to reverse national insurance rise and 'put money into people's pockets'

Foreign Secretary Liz Truss took a swipe at ex-Chancellor Rishi Sunak’s handling of the economy and public finances. She says she opposed the national insurance rise and wants to help struggling Brits

Benzinga

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.

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