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The Latest Breaking News from Insurance

LIC shares hit new record low of Rs 723.70; one-fourth of market-cap wiped out

MUMBAI: Share price of Life Insurance Corporation of India (LIC) slumped to a new record low of Rs 723.70 on Thursday, which is nearly 25 per cent down from its IPO issue price of Rs 949.

The Times of India

Toombul retailers left without insurance call for compensation from Mirvac as developer offers cash payment

Business owners facing an uncertain future are exploring their options after Mirvac's decision to close the Toombul Shopping Centre.

ABC News

CM to disburse crop insurance amount at C.K. Palli on June 14

PUTTAPARTHI

The Hindu

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One in two LGBTQIA+ people report discrimination or exclusion in insurance

A new national survey of LGBTQIA+ people has found almost one in two have experienced discrimination or exclusion when applying for insurance.

ABC News

5 Tech Stocks Poised to Bounce Back

The technology industry has been on a roller coaster ride this year, with stocks running short of steam on investor worries about the Fed’s interest rate increases. However, given the industry’s solid long-term growth prospects, we think the stocks of fundamentally sound tech companies STMicroelectronics (STM), ACI Worldwide (ACIW), Axcelis…

StockNews.com

When a Tax Break Is Actually a Tax Penalty

The curious case of the tax exclusion for employer-sponsored health insurance.

Reason

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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Watchdog Report: At Least 20 Percent of Federal Pandemic Unemployment Dollars Wasted

A new report from the Government Accountability Office found that nearly $80 billion was paid out to ineligible beneficiaries or outright fraudsters.

Reason

Attorneys in $1B Surfside settlement vowed to work at a discount. Will they get $100M?

MIAMI — In a packed courtroom last summer, as rescue teams were still digging up human remains after the collapse of a Surfside condo tower, a Miami-Dade judge declared the tragedy was “not going to be treated as business as usual” and gave an ultimatum to a throng of seasoned…

Miami Herald

UK travel chaos: How to protect yourself from holiday disasters

With warnings that disruption could hit family trips this summer and beyond, we look at the best ways to avoid problems

Chronicle Live

EXCLUSIVE: Top 100 Insurer In Pact With SOBRsafe For Sponsored Customer Pilots

SOBR Safe Inc (NASDAQ: SOBR) has signed an agreement with a Top 100 Property & Casualty insurance company to conduct two pilot tests with last-mile fleet customers, as paid for by the insurer.

Benzinga

Greenwood Moreland acquires Lanark insurance broker

The firm's owner and his team will assist with the transfer of business over the next 12 months

Insider UK

Missouri woman says she caught STD in car. Auto insurance to pay out $5.2 million

KANSAS CITY, Mo. — The Missouri Court of Appeals has affirmed that an insurance company must pay a $5.2 million settlement granted to a Jackson County woman who claimed she unwittingly caught a sexually transmitted disease from her former romantic partner in his car.

Tribune News Service

National Disability Insurance Agency boss resigns amid speculation over his future

Advocates call for NDIA to be led by person with disability after Martin Hoffman steps down as chief executive

The Guardian - AU

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Benzinga

Checking The Boxes On Your Financial To-Do List: 10 Musts To Keep You On Track

Inflation is way up, consumer confidence is way down, and two-thirds of U.S. consumers don’t expect improvement in their personal finances this year, according to a Bankrate survey. But that dour report doesn’t mean you can’t find ways to help your financial situation. Doing so starts with devising and following…

Benzinga

Insurance Stocks Moving In Tuesday's Intraday Session

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

Edinburgh Live

National Insurance change could mean people lose State Pension credits

As part of changes announced by UK Chancellor of the Exchequer Rishi Sunak to help ease the cost of living crisis, many low income workers are at risk of losing access to State Pension credits

Daily Mirror

Couple ordered to pay £15,000 after husband falls ill on holiday despite having insurance

After been given the all-clear to fly home to Belfast to receive further treatment at the Royal Victoria Hospital, Saul Daly has been told he is unable to do so until his bill is paid

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The Independent UK

10 ways to make your pet happier and healthier

We’ve sourced a host of products and services that can help to keep your animal companion healthy and active.

Bangkok Post

Japan to ask foreign tourists to wear masks, take out insurance

TOKYO: The Japanese government said Tuesday it will ask foreign tourists to wear face masks and take out insurance to cover medical expenses in the event they contract Covid-19 as Japan restarts accepting visitors in stages later this week.

Evening Standard

LV= appoints Moore chairman amid calls for CEO to step down

Insurer still in jetwash of abortive sale attempt to US private equity firm

WEKU

They thought they bought Obamacare plans. What they got wasn't insurance

Some consumers sign up for Obamacare and find out later they actually purchased a membership to a health care sharing ministry. But regulators and online advertising sites don't do much about it.

Reuters

Japan to open to tourists after two years but only with masks, insurance, guides

Foreign tourists visiting Japan will be required to wear masks, take out private medical insurance and be chaperoned throughout their stay, the government said on Tuesday, as it plans a gradual opening from two years of COVID-19 restrictions.

Nottingham Post

Warning National Insurance threshold increase could lead to state pension credits loss

It could save people £330 per year

Liverpool Echo

Cycling, hiking and 18 other activities that wont be covered by travel insurance

Some incredibly common activities could end up costing a packet if they go wrong

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