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The Latest Breaking News from Insurance

Melbourne earthquake and recent flooding drive surge in insurance complaints

Thousands of Australians have lodged official complaints over delayed insurance payouts after recent flooding triggered a surge in claims.

The New Daily

What do we really know about the Russian roots of America’s biggest cannabis company?

Curaleaf could be worth $75bn by 2030. But its US-born chair, Boris Jordan, faces questions over his two decades in Russia

The Guardian - US

Insurer warning over long Covid costs

SET-listed Bangkok Insurance (BKI) said long Covid may have an ongoing cost impact on the Thai insurance industry as it could increase the value of claims.

Bangkok Post

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Long COVID cases set to grow as more people fall through the cracks of support

Up to 100,000 people could be suffering severe long COVID within the next three months. Another 300,000 people could have some limitations on their daily activities.

ABC News

How to get rid of medical debt — or avoid it in the first place

Lori Mangum was 32 when apple-size tumors sprouted on her head. Now — six years and 10 surgeries later — the skin cancer is gone. But her pain lives on, in the form of medical debt.

Tribune News Service

We need to get serious about fuel supply resilience – and fast

The extension of excise cuts on high pump prices highlights the NZ's vulnerability. It would cost hundreds of millions of dollars a day if we were to run out of fuel, says Simon Terry.

Newsroom.co.nz

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

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3 Financial Players To Watch In Cannabis: Alternative Funding Options For A Burgeoning Industry

Opening a small or medium-sized cannabis business requires capital. While federal legalization of marijuana is inching closer to reality, banks are finding it difficult to keep up with regulations within different states that are constantly changing.

Benzinga

Injured, Sick, Widowed, and Sued

Cities are filing lawsuits to claw back first responders’ hard-won workers’ compensation.

Texas Observer

Three things to know about insurance coverage for abortion

Will your health plan pay for an abortion now that the Supreme Court has overturned Roe v. Wade?

Tribune News Service

‘Dutton insurance’: crossbench MPs set joint demands on Labor’s climate bill

The seven independents want a mechanism to protect emissions target from ‘future governments’ as they signal desire to negotiate

The Guardian - AU

ANZ stitches deal for Suncorp banking arm

The big-four lender has agreed to pay $4.9 billion for the banking operation as it seeks to shore up its Queensland business.

AAP

Dramatic police chase comes to sudden end as car smashes into tree

"That’ll be an interesting conversation with his insurance company"

Manchester Evening News

Biden OKs health care-focused budget pact struck in Senate

WASHINGTON — President Joe Biden on Friday endorsed a plan hatched by two key Senate Democrats to pass a budget reconciliation package that would help lower the cost of prescription drugs and protect millions of households from health insurance premium spikes, even if it leaves out important clean energy priorities.

Tribune News Service

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Daily Record

Scots driver ‘thrown across car bumper’ by road rage motorist after stopping to swap insurance details

Macaulay Rhind claims the fellow motorist also pushed and punched him while standing in a lay-by on Glasgow Road, near Edinburgh Airport, at around 7am on Thursday morning.

Daily Mirror

Liz Truss vows to reverse national insurance rise and 'put money into people's pockets'

Foreign Secretary Liz Truss took a swipe at ex-Chancellor Rishi Sunak’s handling of the economy and public finances. She says she opposed the national insurance rise and wants to help struggling Brits

Benzinga

Insurance Stocks Moving In Friday's Intraday Session

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.

Edinburgh Live

Ryanair, easyJet, British Airways, TUI: Money Saving Expert shares how to claim flight compensation

Holidaymakers are facing a stressful summer as some airlines are warning travellers that further flight cancellations and delays are to be expected. Here's what you are entitled to.

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The Conversation

Conservative leadership election: why tax cuts are an economic gamble

Always keen to be identified as the party of low taxation, the Conservatives won the 2019 general election on a promise not to raise income tax, VAT or national insurance. So last year’s national insurance increase was bound to rankle, even though it could feasibly be blamed on the huge…

Wales Online

Important advice for UK holidaymakers amid Covid resurgence in summer hotspots

There are also fears some of Europe's most popular resorts may bring back some Covid rules to fightback against growing infections

Edinburgh Live

Distraught Edinburgh woman hit with £7.5k bill to treat cat's mystery illness

Despite several visits to the vets and lots of tests, medics are unable to work out what is causing the poor wee cat to be so unwell - leaving Iona little choice but to consult a specialist.

Bangkok Post

Tourism fee to hit all foreigners

The planned 300-baht tourism fee is expected to apply to all foreigners without exception, serving as insurance coverage of up to 500,000 baht per person in case of accidents.

The Hindu

Post-COVID demand for health insurance in India shoots up by 321%: report

Study done on the basis of search data on Just Dial platform shows an increase in demand for health, travel and car insurance in Tier 1 and Tier 2 cities

Reuters

As Ukraine grain deal emerges, U.S. aims to ease concerns over Russia sanctions

The United States on Thursday sought to facilitate Russian food and fertilizer exports by reassuring banks, shipping and insurance companies that such transactions would not breach Washington's sanctions on Moscow over its invasion of Ukraine.

The Guardian - US

South Carolina lawyer Alex Murdaugh charged with murder of wife and son

Charges for prominent lawyer represent milestone in sprawling saga involving interlocking deaths and dozens of fraud charges

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