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The Latest Breaking News from Insurance

ZhongAn Moves Further Out of Parental Shadow as Tencent Cuts Stake

Key takeaways: • Tencent reduced its stake in ZhongAn to about 8% from 10%, less than six months after Alibaba-affiliated Ant Group also cut its stake in the online insurer • ZhongAn’s net profit more than doubled last year, as reliance on its parents for business has decreased

Benzinga

3 Stocks That Are Thriving With Higher Rates

Rising rates are a headwind for most stocks. However, for a handful, they are leading to an earnings boom,. Here are 3 stocks benefitting from higher rates: Humana (HUM), Everest RE (RE), and Silvercrest Asset Management (SAMG).

StockNews.com

Insurance Stocks Moving In Wednesday'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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Mark Cuban’s pharmacy could have saved Medicare $3.6 billion, researchers find

Medicare could have saved $3.6 billion in a single year if it had bought generic drugs from Mark Cuban’s online pharmacy, according to a Harvard University report.

Tribune News Service

Senators release bill targeting insulin prices

WASHINGTON — Two key senators on Wednesday released a widely anticipated bill aimed at lowering insulin prices and capping monthly copays under commercial and Medicare insurance plans.

Tribune News Service

National Insurance tax cut calculator shows workers could save hundreds of pounds from July

The changes come into effect from Wednesday, July 6

Nottingham Post

National insurance: Why some people will have more money in their pay packets next month

It has been estimated that 30 million workers will benefit from the move

Wales Online

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Vehicle with no insurance seized as driver tells police 'I've only had my licence for five months'

A police team from Beeston seized the vehicle

Nottingham Post

2 insurance companies end relationship with Maine agency after racist Juneteenth sign

An image of the racist sign was shared online Monday, gaining the attention of thousands across social media.

WEKU

Woman, 66, told she ‘doesn’t qualify’ for state pension due to National Insurance loophole

Mother missed out on National Insurance payments while raising five children

The Independent UK

See how much extra money you'll get after National Insurance tax cut from July 6

The threshold at which people start paying National Insurance will increase, which means less of your income will be subject to National Insurance

Chronicle Live

National Insurance tax cut from July 6 - use government tool to work out how much extra pay you'll get

Lower paid workers could save £330 over the course of a year

Bristol Post

Thousands of Laya Healthcare customers to receive significant refund

The move comes after VHI and Irish Life also gave refunds earlier this year after fewer people claimed for procedures in public hospitals due to Covid-related overcrowding

Irish Mirror

Husband who pushed pregnant wife off cliff to cash in life insurance appeals sentence

Hakan Aysal, who lured his pregnant wife to a clifftop beauty spot for a selfie and then pushed her off, is now trying to appeal his 30-year prison sentence

Daily Mirror

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The Guardian - UK

Goldcar put me under pressure to get unwanted insurance

It said that using my credit card for a deposit would cost me more than buying extra cover

Bangkok Post

Unmasking changes to Covid restrictions

As Thailand plans to downgrade Covid-19 to endemic status in July, several rules from the pandemic era such as wearing a mask in public and mandatory purchase of Covid health insurance to enter the nation for foreign visitors are set to change.

The Hindu

More than 6,000 farmers apply for crop insurance rectification in undivided Anantapur dist.

ANANTAPUR

The Hindu

Alert tribunal, advocates of insurance firms can thwart false claims in accident cases: HC

‘Motor Accident Claims Tribunal duty-bound to examine each and every bill to see whether they are genuine’

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The Independent UK

New Zealand starting third Test against England with ‘blank canvas’

Boult was in the thick of things at Trent Bridge when the second LV= Insurance Test slipped through the Blackcaps’ fingers

Ballotpedia

Iowa governor signs law to reduce duration of unemployment insurance benefits

Iowa Gov. Kim Reynolds (R) signed HF 2355 on June 16, reducing the maximum length of unemployment insurance payments from 26 weeks to 16 weeks starting July 3. The law also re-defines suitable work and will require claimants to accept jobs that pay less than their previous jobs after their…

Zenger

Baby On Board: British Couple Trapped In Greece After Baby’s Surprise Early Arrival

Robyn Bishop, 29, was 29 weeks pregnant, and had been signed off as fit to fly by her doctor.

Birmingham Post

Insurance firm Brunel Group opens new Devon office

The Bristol-headquartered company said the move would allow it to expand its team and client base in Devon

Daily Mirror

New calculator reveals if you'll be £300 better off after National Insurance changes

A new online tool has launched that lets you see how much you'll save when cuts to National Insurance kick in next month, and while most of us will pay less tax, some will pay more

WEKU

You've likely been affected by climate change. Your long-term finances might be, too

Most Americans have recently been affected by extreme weather and support efforts to protect against future disasters, a new survey finds. And many people suffer long-term financial problems.

Daily Record

West Lothian has cheapest petrol prices in Scotland

Admiral Car Insurance has analysed where fuel prices have increased the most in Scotland

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