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The Latest Breaking News from Insurance

Mum stranded on motorway is hit and killed after Green Flag refuses to rescue her

Shirley-Ann Dumbuya, 38, had been advised by insurance company Green Flag that they could not go out to assist unless she was on the hard shoulder

Daily Mirror

Lower-income Americans are being shut out of life-saving treatments for anorexia

The pandemic exacerbated many mental health problems, and eating disorders are no exception: Emergency room visits for girls suffering from anorexia and bulimia were twice as high in January of this year as they were three years earlier.

Tribune News Service

NDIS fraud reports reveal the scheme's weakest points

Last year, nearly A$45 million in National Disability Insurance Scheme (NDIS) payments were cancelled as they were thought to be fraudulent. But more recent estimates suggest that may be nowhere near the level of fraud occurring in the scheme.

The Conversation

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U.S. weekly unemployment insurance claims rise to 260,000

New applications for U.S. unemployment insurance benefits rose 6,000 for the week ending July 30 to a seasonally adjusted 260,000. The previous week’s figure was revised down from 256,000 to 254,000. The four-week moving average as of July 30 rose to 254,750 from a revised 248,750 as of the week…

Ballotpedia

If more than two big storms hit Florida this year, insurers could be in trouble

It's that time of year again in Florida. Peak hurricane season is bearing down on the state like that flying saucer in the movie Nope.

Tribune News Service

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

UK travellers heading to Spain for music festivals and concerts issued warning

Tourists heading to Spain have been issued important advice before attending a music festival or large concert and are being urged to know local laws and rules.

Glasgow Live

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Holiday medical bills soar with Spain, Portugal and France most costly for tourists

Admiral Travel Insurance is now urging holidaymakers to make sure they possess sufficient medical cover for their trip

Wales Online

NDIS taskforce to hunt down organised crime groups 'robbing' billions from disability clients

A police taskforce will be established to target organised crime groups allegedly intimidating and exploiting disability scheme participants and defrauding billions of dollars from the National Disability Insurance Scheme.

ABC News

Further NDIS resourcing to tackle fraud

More resources would help prevent criminals defrauding the National Disability Insurance Scheme through false invoices and overcharging, Bill Shorten says.

AAP

Medisep meets an unmet need of pensioners

Between July 1 and Aug. 13, Medisep has paid ₹42.90 cr. in 12,544 claims

The Hindu

LIC keen to re-enter mediclaim segment, awaiting regulatory clarity: Chairman

Recently, the new IRDAI Chairman Debasish Panda had said it was time life insurers re-entered the health vertical

The Hindu

The Next Farm Bill Will Probably Stink Worse and Cost More

Asking America's agriculture industry to stand on its own two feet remains a third rail in American politics.

Reason

Navi Mumbai: Senior citizen duped of Rs 33 lakh online in insurance fraud

NAVI MUMBAI: Nerul police on Thursday booked three cyber fraudsters for duping a 60-year-old man of Rs 33.25 lakh by posing as insurance company representatives. Accused Ankit Sharma, Jayesh Sharma and Divya have been booked under section 66(c) and 66(d) of IT Act.

The Times of India

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Tribune News Service

Insurance rates climb from fires, COVID, inflation, worker shortage

Inflation, a labor shortage, effects from the lingering COVID pandemic and increasingly devastating fires are boosting the cost of insurance for homes, cars and businesses.

AAP

IAG returns to profit despite perils blow

Insurance giant IAG made a $347 million full-year profit in the 12 months to June 30, beating expectations despite blowing out its natural perils allowance.

The Independent UK

Judge revokes bond for Alex Murdaugh associate Smith

A judge has revoked house arrest for the man who authorities say agreed to kill disgraced South Carolina attorney Alex Murdaugh so he could get a life insurance settlement for Murdaugh’s son but only grazed his head

Chicago Sun-Times

Health insurance broker GoHealth laying off 800

The cuts include 100 jobs in Chicago and represent about 20% of the company workforce.

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Tribune News Service

US jobless claims rise again, near highest since November

Applications for U.S. unemployment insurance rose for a second week and held near the highest level since November, indicating continued moderation in the labor market.

Daily Record

People claiming Carer’s Allowance may be able to earn more than £132 weekly threshold and still keep benefit

The weekly limit is designed to allow carers to combine their caring responsibilities with some paid work.

The Independent UK

British student paraylsed in bison attack could be stranded in US ‘over insurance’

Family given ‘gutting’ ultimatum as they fight to save daughter’s leg

Evening Standard

Mia Dean: British teen attacked by bison in US faces travel insurance conundrum

Mia Dean must decide whether to fly home in an air ambulance this weekend, or carry on without insurance funding

The Times of India

Gujarat woman paints dead cow to claim insurance

1/10 - The owner had painted the cow's head black to pass it off as insured animal 2/10 - But white spots of skin showed through the pigment, giving the game away 3/10 - The claim was made by Ratanben Bhutadia of Memadpura village in Banaskantha 4/10 - National Insurance…

Edinburgh Live

Scottish driver jumped into backseat during police chase as car veered off road

Colin Gillies admitted that on July 10, 2022, on the M90 near Rosyth he drove a car as a holder of a provisional licence without being accompanied by a qualified driver or displaying 'L' plates and that he drove without insurance.

Tribune News Service

Don't mess with federal crop insurance, farmers say. Others aren't so sure

From field hearings in Morton buildings to sweet corn feeds at county fairs, farmers have been practicing a refrain this summer: Hands off the federal crop insurance program.

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