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The Latest Breaking News from Insurance

PSU general insurers book ₹26,364 cr loss for health portfolio in last 5 years

New Delhi All four public sector insurers incurred losses of ₹26,364 crore in the health insurance

The Hindu

Gurugram: Sham call centre cons elderly with fake insurance policies, busted

GURUGRAM: Police have busted a fake call centre cheating people in the name of insurance. The fake call centre run by a former employee of an insurance company used to cheat people above 50 years of age by selling them fake insurance policies. In the past three months, the accused…

The Times of India

Illinois consumers sue health insurer Centene, saying they couldn’t find in-network doctors

Consumers in Illinois and other states are suing health insurance giant Centene and its Chicago-based subsidiary Celtic Insurance Co., alleging the insurers defrauded them by overcharging them for plans that didn’t deliver the benefits they promised.

Chicago Tribune

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Drivers issued warning over using dash cam or risk £200 fine

Dash cams can be a risk for car owners as experts warn of a hefty fine if they are not careful. Drivers are also urged to check legislation abroad as the tiny camera can be illegal.

Glasgow Live

Truss and Sunak still haven’t grasped the magnitude of Britain’s cost of living crisis

Neither has an adequate plan – but a joint announcement of a generous package of help would boost confidence

The Guardian - UK

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

Crop loss in Alappuzha pegged at ₹8.86 crore

ALAPPUZHA

The Hindu

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They lost Medicaid when paperwork was sent to an empty field, signaling the mess to come

BELFAST, Tenn. — Three years ago, Mason Lester, a rambunctious toddler, tumbled off his family’s porch and broke his wrist. His mother, nine months pregnant, rushed him to a nearby hospital, where she made a confounding discovery: Their health insurance had vanished.

Tribune News Service

ITV Coronation Street's Debbie star Sue Devaney looks completely different on This Morning

The actress appeared on the ITV daytime show to talk about her latest storyline after her character tried to conduct an insurance scam

Manchester Evening News

Cost of owning a dog rises to £2,000 a year as price of food and vet bills soars

Animal welfare charity Battersea has estimated the average cost of owning a dog in the UK is now £2,000 a year, and is urging potential owners to assess their finances before welcoming a pet home

Daily Mirror

New change to JSA claims process could see people waiting longer for first payment from DWP

New Style Jobseeker’s Allowance does not qualify for the £650 cost of living payment.

Daily Record

Iceland to give Glasgow's pensioners £30 voucher to help amid cost of living crisis

Certain people living in the Glasgow and Strathclyde area will be eligible for a £30 voucher from Iceland amid the cost of living crisis after the supermarket partnered with pensions insurance specialist, Rothesay.

Glasgow Live

Average cost of car insurance has increased

The average annual price paid on motor insurance has increased while insurers attempt to implement new pricing rules

Manchester Evening News

A 'staggering' number of people couldn't get care during the pandemic, poll finds

Insured or not, one in five said they couldn't get treated for serious illness, while preventive and elective procedures were neglected. Disruptions in care hit Black and Native Americans the hardest.

WEKU

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Daily Record

New State Pension petition calling for £200 minimum weekly payment for all awaits official response

The petition proposes disregarding the National Insurance Contributions record which determines the level of State Pension awarded.

The New Daily

Suncorp home insurance premiums soar as floods weigh on profits

Suncorp has hiked its home insurance premiums by almost 10 per cent on average after payouts from devastating floods weighed on its profits.

The Independent UK

Average price paid for motor insurance climbs amid rising costs for insurers

Motor insurers have continued to deal with rising costs and supply chain issues, the Association of British Insurers said.

The Independent UK

What's in Democrats' big bill? Climate, health care, savings

The estimated $740 billion economic package from Democrats is nowhere near what President Joe Biden first envisioned with his effort to rebuild America’s public infrastructure and family support systems

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ABC News

Disability advocates call for better support for people in rural, regional and remote NSW

Pauline Follett, who lives with cerebral lupus, has had two National Disability Insurance Scheme applications rejected within three years. According to a Disability Advocacy NSW report, people in remote areas of NSW face challenges in providing the evidence required.

Tribune News Service

Sweeping budget package passes Senate; House will take up measure Friday

WASHINGTON — After a year of negotiations, impasses and political maneuvering, the Senate passed Democrats’ top domestic priority: an economic package that would pump hundreds of billions of dollars into clean energy programs, raise taxes on corporations and lower health care costs.

The Hindu

Life insurance for weavers launched

Scheme would benefit more than 80,000 weavers across the State

Salon

GOP blocks private insurance insulin cap

The $35 price cap on insulin was removed by GOP senators for users of private insurance, but remains for Medicare

Roll Call

Sweeping budget package passes Senate; House on deck Friday - Roll Call

After a year of negotiations, impasses and political maneuvering, the Senate passed Democrats' top domestic priority.

Evening Standard

Liz Truss vows to reverse National Insurance rise ‘immediately’

The Foreign Secretary’s campaign team said she would accelerate the reversal of the NI rate rise by six months

The Independent UK

Liz Truss vows to cut taxes ‘immediately’ to tackle cost-of-living crisis

The Tory leadership contender wants to accelerate the reversal of the national insurance rate rise by six months.

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