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The Latest Breaking News from Insurance

LIC reaches its policyholders via SMS on IPO eve

NEW DELHI: Ahead of its initial public offering (IPO), insurance behemoth LIC on Tuesday approached its policyholders through SMS and other medium to inform them about the share sale.

The Times of India

Full list of 80 best firms to work for in the UK - check how your employer ranks

Great Place to Work has published its annual list of the top businesses to work for in the UK. The results are based on hundreds of employee surveys, with the companies split up into small, medium, large and super large firms

Daily Mirror

India's Largest IPO Raises $736M Ahead of Listing, Attracts Foreign Investment

India’s largest-ever public offering has attracted anchor investors, including Norway’s sovereign wealth fund and the Singaporean government, raising ₹56.3 billion ($736 million) ahead of its initial public offering, Bloomberg reports. The 123 anchor investors joining Life Insurance Corp of India’s IPO committed to purchasing shares at ₹949 per share, the top end of…

Benzinga

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read the most diverse news in one place.

Drug plan prices touted during Medicare open enrollment can rise within a month

Even the savviest Medicare drug plan shoppers can get a shock when they fill prescriptions: That great deal on medications in fall is no bargain after prices go up as much as 8% by winter.

WEKU

Malcolm Webster guilty of wife's murder

A new, two-part true crime series on Channel 4, Married to a Psychopath, tells the horrifying story of Malcolm Webster, a British man convicted of killing his first wife in Scotland in 1994 and the attempted murder of his second in New Zealand in 1999.

The Independent UK

Malcolm Webster: Who is the murderer seen in Married to a Psychopath?

Subject of new Channel 4 documentary series convicted over killing first wife in Scotland in 1994 and attempted murder of second in New Zealand in 1999

The Independent UK

DWP easy read guidance on how Carer's Allowance can affect State Pension, Council Tax and benefits

Carer's Allowance is now paid at £69.70 each week

Nottingham Post

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How our bushfire-proof house design could help people flee rather than risk fighting the flames

By 2030, climate change will make one in 25 Australian homes “uninsurable” if greenhouse gas emissions continue unabated, with riverine flooding posing the greatest insurance risk, a new Climate Council analysis finds.

The Conversation

The best companies to work for in the UK named for 2022

The rankings are compiled by workplace culture organisation Great Place to Work UK and are based on employee feedback

Birmingham Post

Climate Council finds 25pc of homes in Nicholls electorate will be uninsurable by 2030 as flood risk climbs

Regional residents and the Climate Council are calling for the federal government to urgently tackle climate change, warning it will affect some areas disproportionately as obtaining insurance becomes drastically more difficult.

ABC News

North East deals of the week: contracts, acquisitions and investments

Businesses involved in deals across the region include RSA Insurance, Roman Ltd, Tait Walker and ReViral

Birmingham Post

2006 Ford GT Allegedly Crashed By Driver Unfamiliar With Manual Trans

The owner reportedly didn't have insurance on it, either.

Motor1

'It's shown me how independent I can be' – housing designed for people with disabilities reduces the help needed

The federal government has been warning that the rising cost of the National Disability Insurance Scheme (NDIS) is unsustainable. More than a third of NDIS funding is spent on in-house support provided to 5% of NDIS participants with the highest needs.

The Conversation

One in 25 properties 'uninsurable by 2030'

A new report warns 521,000 properties could be uninsurable by the end of this decade due to climate change risks.

AAP

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ABC News

Climate change means 1 in 25 homes could become uninsurable by 2030

Australia is going to face an "insurability crisis" in under a decade as climate change forces insurance premiums to "skyrocket", a report from the Climate Council warns.

StockNews.com

Is Root a Winner in the Insurance Industry?

Shares of insurance products and services provider Root (ROOT) have significantly declined since it went public last year. However, can it rebound by leveraging its broad portfolio of products and services? Let’s find out.

The Hindu

LIC is more than a corporate powerhouse

Creating employment opportunities for women is fundamental to LIC’s identity

Benzinga

What's Going On With Fairfax Financial Shares Today

RBC Capital analyst Mark A. Dwelle raised the price target for Fairfax Financial Holdings (TSX:FFH) (OTC:FRFHF) to $750 from $675. The analyst kept Outperform rating for the shares. Dwelle stated that the hard market is still driving strong top-line growth and improved underwriting margins, and management did a great job of protecting book value as…

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Benzinga

A Preview Of Hanover Insurance Gr's Earnings

Hanover Insurance Gr (NYSE:THG) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Hanover Insurance Gr will report an earnings per share (EPS) of $3.00.

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.

The Guardian - AU

Flood and cyclone-prone areas in eastern Australia may be ‘uninsurable’ by 2030

Report mapped 10 electorates considered most at risk of becoming uninsurable due to flood, fire and other extreme weather risk

Glasgow Live

DWP issues Carer’s Allowance update on how it can affect State Pension, Council Tax and more

The Department for Work and Pensions has issued updated guidance relating to the Carer's Allowance benefit, which is for people who care for somebody with a disability or health condition

Benzinga

What To Know About Raymond James's Upgrade of Arthur J. Gallagher

Raymond James upgraded its rating of Arthur J. Gallagher (NYSE:AJG) to Strong Buy with a price target of $195.00, changing its price target from $185.00 to $195.00. Shares of Arthur J. Gallagher are trading down 1.07% over the last 24 hours, at $166.68 per share.

Ballotpedia

Minnesota House passes bill to fund unemployment insurance fund and send checks to frontline workers

The Minnesota House of Representatives passed a $3.7 billion bill on April 25 that would raise the balance of the state’s Unemployment Insurance Trust Fund and repay unemployment insurance debts to the federal government. The move would reduce the unemployment insurance tax burden on employers, which increased March 15 to…

Ballotpedia

U.S. weekly unemployment insurance claims fall to 184,000

New applications for U.S. unemployment insurance benefits fell 2,000 (7.4%) for the week ending April 16 to a seasonally adjusted 184,000. The four-week moving average as of April 16 rose to 177,250 from a revised 172,750 as of the week ending April 9.

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