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The Latest Breaking News from Insurance

Three big pluses from Rishi Sunak’s statement, but net zero is a casualty

My former department, the Treasury, usually does the right thing. But (as Winston Churchill probably didn’t say) only after trying everything else first. That’s the bottom line about the package of support the Chancellor announced today. In his February announcement, Rishi Sunak combined gimmicks (an energy bill “discount” that was…

Evening Standard

US jobless claims fall more than forecast in tight labor market

Applications for U.S. unemployment insurance declined last week by more than forecast, underscoring a persistently tight labor market.

Tribune News Service

Eight things you need to consider before travelling with pets - breed, insurance, passports and more

Though more and more places are becoming dog friendly, there are a few factors to consider before setting off with your pet.

Irish Mirror

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Cost-of-living crisis: How the squeeze has tightened its grip on households

Some households have little room for manoeuvre in their budgets as living cost pressures have worsened.

The Independent UK

How To Murder Your Husband writer found guilty of murdering her husband

Nancy Crampton Brophy was motivated by money problems and a life insurance policy

Wales Online

Millions risk losing US healthcare when Covid emergency declaration expires

An estimated 5.3 million to 14.2 million could lose Medicaid coverage when the public health emergency ends in July

The Guardian - US

Flood insurance claims trickle through approval process for Lismore victims

North coast residents are struggling to navigate the insurance process as they try to move on from the worst floods on record.

ABC News

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SMK share price plunges on Q1 losses

The share price of SET-listed Syn Mun Kong Insurance (SMK) plummeted on Wednesday after the company reported a loss of 29 billion baht in the first quarter.

Bangkok Post

Third-party motor insurance premium to go up from June 1

New Delhi The Ministry of Road Transport and Highways (MoRTH) on May 25 increased the third-party (T

The Hindu

Linda Burney says investigating Youpla funeral fund will be ‘top of my agenda’

Incoming Indigenous affairs minster says predicament of families affected by collapse of predatory funeral fund is ‘totally unacceptable’

The Guardian - AU

5 Life Insurance Stocks to Buy Hand Over Fist

U.S. Treasury yields rose to multi-year highs earlier this month. And rising Treasury yields along with the Fed’s interest rate hikes bode well for life insurance companies. Thus, we think the shares of fundamentally sound life insurance companies Anthem (ANTM), Cigna Corp. (CI), UnitedHealth Group (UNH), Molina Healthcare (MOH), and…

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

Ballari admn. told to ensure proper supply of seeds, fertilizers

Farmers are preparing fields for kharif sowing and officers should convince them of the need to get insurance for their crops, says Minister

The Hindu

Ben Compton reflects on ‘crazy’ journey to verge of England contention

The opener is averaging a spectacular 109.75 after amassing 878 LV= Insurance County Championship runs

The Independent UK

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The Times of India

Telangana: Congress accuses TRS govt of neglecting farmers

HYDERABAD: Nalgonda MP and former TPCC president N Uttam Kumar Reddy on Wednesday accused the TRS government of neglecting lakhs of farmers who are prone to the vagaries of the weather by not implementing crop insurance scheme in the state.

Benzinga

Grab Loses Two Top Fintech Veterans Amid Its Business Restructuring: Reuters

Grab Holdings Limited (NASDAQ:GRAB) lost two top executives in its fintech business, adding to other senior departures as the Southeast Asian ride-hailing and delivery firm rejigs the critical unit at the loss-making group, Reuters reports. Chris Yeo, who headed Grab's payments and rewards business and has been with the company for nearly…

Tribune News Service

Tribal pharmacy dispenses free meds and fills gaps for Native Americans in the city

MINNEAPOLIS — Tucked away on a side street near downtown, the Mashkiki Waakaa’igan Pharmacy offers its Native American clientele the services of any ordinary drugstore — it dispenses critical medication and provides consultation on treatments.

Axios

The security deposit gets a makeover

Instead of a lump sum, tenants pay nonrefundable monthly fees.

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Daily Record

Lanarkshire grandad left ‘trapped’ in Spanish hospital awaiting heart bypass surgery

Now the family have hit out at communication between doctors and insurance company, causing delays in getting him home

Edinburgh Live

Scottish grandad "trapped" in Spanish hospital awaiting heart surgery

Jim Murray had fallen ill after travelling to Benidorm with his wife Liz on a two week holiday. The family has since been stung with thousands of pounds in fees despite having insurance.

Reuters

Russian oil's Achilles' heel: insurance

Russia has so far deflected much of the impact of sanctions on its oil trade but the insurance industry threatens to throw a spanner in the works unless Moscow and its customers can plug a gap left by Western underwriters.

Ballotpedia

U.S. weekly unemployment insurance claims rise to 218,000

New applications for U.S. unemployment insurance benefits rose 21,000 for the week ending May 14 to a seasonally adjusted 218,000. The previous week’s figure was revised down from 203,000 to 197,000. The four-week moving average as of May 14 rose to 199,500 from a revised 191,250 as of the week…

Ballotpedia

Oklahoma governor signs unemployment insurance indexing bill

Oklahoma Gov. Kevin Stitt (R) signed House Bill 1933 into law on May 20, which will cut the maximum length of unemployment insurance benefits from 26 weeks to 16 weeks starting Jan. 1, 2023. The law will index unemployment insurance benefits starting Jan. 1, 2025, tying the length of benefits…

Chicago Sun-Times

Rep. Lauren Underwood leading drive to bolster swing district Democrats on Obamacare subsidies

At issue are pending increases in health insurance costs for Affordable Care Act plans. Voters will learn just before the November elections that temporarily boosted subsidies will expire in 2023 — unless Congress acts.

Ballotpedia

New Jersey committee approves bill that includes unemployment insurance tax credits for small businesses

The New Jersey Assembly Commerce and Economic Development Committee on May 19 approved A-3683, a bill that would give tax credits to some small businesses with an aim to offset increasing unemployment insurance taxes following the coronavirus pandemic. The New Jersey Business and Industry Association estimates businesses in the state…

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