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The Latest Breaking News from Insurance

Insurance sector may face impact if West Asia crisis prolongs: LIC chief Doraiswamy

The insurance sector may face moderation if the Middle East crisis persists, potentially reducing people's income and impacting spending and saving patterns, according to LIC CEO R Doraiswamy. He also stated that LIC is prepared for further stake dilution by the Centre, awaiting the right market conditions. LIC recently reported…

The Economic Times

What to Know About Smartphone Insurance

A protection plan can provide peace of mind but may not be worth the cost.

Kiplinger

4 Car Ownership Costs That Hit Hardest When You’re Living on Social Security

Experts say several hidden and unpredictable car costs can strain a budget that relies heavily on Social Security income. Here are the car costs that take the biggest bite.

GOBankingRates

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Retired With Self-Employment Income? Don't Miss This 'Above-the-Line' Tax Break

Some retired taxpayers don't realize that premiums for Medicare and long-term care insurance may be deductible on their return. Here's what financial planners say you need to know.

Kiplinger

'Inept' jewellery fraudster was desperate due to COVID

A man who pled guilty to insurance fraud after faking a robbery of his own jewellery store needed the money due to factors outside his control, his lawyer said.

AAP

Pets at Home Group H2 Earnings Call Highlights

Pets at Home Group (LON:PETS) executives said the company is seeing early signs of momentum from its retail turnaround plan, while cautioning that the veterinary business is likely to see more subdued revenue growth in the near term before improving as the pandemic-era pet cohort ages. Speaking on

MarketBeat

India said to prepare Rs 10,000 crore LIC stake sale next month

India is preparing to launch a new share sale for Life Insurance Corporation of India next month. This offering could bring in as much as Rs 10,000 crore. The government intends to sell a stake of approximately 2% to institutional investors. This move is part of ongoing efforts to increase…

The Economic Times

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Kejriwal’s One Question On Oil Left BJP Defending Fast

Every time petrol and diesel prices rise, millions of Indians feel the pressure instantly. From auto drivers to office workers, from delivery boys to middle-class families, everyone ends up paying more. This time, the debate exploded after Arvind Kejriwal publicly questioned Prime Minister Narendra Modi over why India is not…

MyLifeXP

Why Some Seniors Say Inflation Feels Closer to 8% — Even as Official Numbers Stay Lower

Many retirees are confused by what feels like a growing disconnect between official inflation reports and their everyday reality. Government data may show inflation running...

Saving Advice

6 Insurance Claims Adjusters Say Homeowners Constantly Get Wrong

Storms, kitchen fires, burst pipes, and roof leaks can turn a normal week into a financial nightmare fast. Many homeowners assume insurance will swoop in like a superhero, write a huge check, and make every problem disappear. Insurance claims adjusters, however, see the same expensive mistakes over and over again,…

Everybody Loves Your Money

The “Forever Home” Problem Is Quietly Draining Retirement Savings

For decades, the dream looked simple. Buy a home, pay it off, retire comfortably, and enjoy life without monthly housing stress. That formula worked beautifully for many Americans in the past, but today’s retirement reality tells a very different story. Rising property taxes, maintenance costs, insurance premiums, and utility bills…

Everybody Loves Your Money

5 Hidden Costs Buried Inside HOA Agreements Most Buyers Never Read

A dream condo with a sparkling pool and perfectly trimmed landscaping can lose its shine quickly once the monthly bills start piling up. Many buyers focus on mortgage rates, insurance costs, and closing fees while barely skimming the thick stack of HOA paperwork waiting at the bottom of the contract…

Everybody Loves Your Money

Could AI-powered dash cams save businesses millions in legal fees?

AI dash cams can do a lot more than capture accidents. They help fleets exonerate drivers, fight fraudulent claims, and lower insurance costs before a lawsuit ever begins.

TechRadar

Irdai asks insurers to link pay packages of senior executives to customer-centric metrics

The Insurance Regulatory and Development Authority of India (Irdai) has made amendments to the IRDAI (Corporate Governance for Insurers) Regulations, 2024.

The Economic Times

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The Economic Times

Claim settlement and grievance redressal related performance will determine the incentives of top executives of insurance companies: IRDA

In a significant policyholder-centric move, IRDAI has linked insurance executive pay to customer-centric metrics like claim settlement and grievance redressal. Insurers must now publicly disclose detailed data on claim timelines, complaint handling, and product performance, empowering policyholders to make informed decisions beyond just premiums.

The Economic Times

“Our joy had to travel beyond our home”: Maharashtra groom gifts Rs 34.6 crore insurance cover to over 3,000 villagers

A wedding in Maharashtra's Bahadarpura village took an extraordinary turn when the groom's family gifted accident insurance worth Rs 34.6 crore to all 3,465 residents. Inspired by the financial devastation caused by common rural accidents, the Pethkar family ensured every eligible villager received Rs 1 lakh coverage for a year,…

Fortune

America turns 250. Its greatest innovation wasn't the car or the computer — it was learning to share risk

The Declaration of Independence wasn't just a political document. The CEO of a global reinsurance company argues it was a blueprint for the risk-sharing infrastructure that made American ambition possible.

The Economic Times

'I quit my job. I gave them 2 seconds notice': US worker quits after manager demands a drug test for wearing a blanket

A night shift worker's viral story highlights concerns about workplace drug testing. Employers might use drug tests to dismiss staff and reduce unemployment insurance costs. Refusing a test can lead to denial of benefits. Younger workers are increasingly leaving toxic environments. Documenting requests and knowing state laws are crucial steps…

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The Independent UK

Government policy is causing a ‘crisis’ in youth unemployment, Next boss warns

Simon Wolfson said rises in the rate of national insurance contributions and the minimum wage have hurt the employment market

The Economic Times

LIC 1:1 bonus bonanza: Is today the last day to buy shares for free rewards?

LIC has set May 29 as the record date for its maiden 1:1 bonus issue, making May 27 the last day for investors to buy shares for eligibility. This corporate action will see the insurer issue one free share for every share held, capitalizing reserves. The move aims to enhance…

Bangkok Post

Insurance sector to match Thai GDP growth

Thailand's insurance industry is expected to maintain growth broadly in line with the country's GDP this year, despite mounting economic uncertainty and rising living costs that are beginning to influence consumer purchasing behaviour, the sector's regulator and senior executives say.

The Economic Times

401(k) to gold IRA rollover 2026: Why investors are shifting retirement savings into physical gold protection?

Retirement investors are rapidly searching for 401(k) to gold IRA rollover strategies as economic uncertainty grows across the United States. Rising inflation, volatile stock markets, and global tensions are reshaping retirement planning in 2026. Many Americans now want physical gold IRA protection instead of relying only on traditional 401(k) investments.…

Everybody Loves Your Money

7 Common Items That Could Void Your Home Insurance During a Claim

Home insurance feels like a safety net until an adjuster starts asking uncomfortable questions after disaster strikes. Many homeowners assume their policy covers every mishap automatically, but insurance companies love details, exclusions, and fine print. One seemingly harmless item sitting in a garage, backyard, or spare bedroom can suddenly become…

Everybody Loves Your Money

Why Buying a Fixer-Upper in 2026 Could Be More Expensive Than You Think

Buying a fixer-upper once sounded like the ultimate money-saving move. Buyers could grab an older home at a discount, throw in some sweat equity, and watch the property value climb. In 2026, that strategy looks a lot riskier. Sky-high labor costs, expensive building materials, stricter insurance requirements, and surprise repair…

Everybody Loves Your Money

Seniors Are Being Fined for Driving Habits That Affect Their Auto Insurance

Getting older often brings discounts on restaurants, travel, and movie tickets, but many senior drivers face a completely different reality behind the wheel. Insurance companies watch driving records closely, and even minor mistakes can send premiums climbing fast. A simple rolling stop, a forgotten turn signal, or driving too slowly…

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