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The Latest Breaking News from Insurance

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…

Benzinga

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.

Tribune News Service

The security deposit gets a makeover

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

Axios

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read the most diverse news in one place.

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

Daily Record

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.

Edinburgh Live

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.

Reuters

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

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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…

Ballotpedia

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.

Chicago Sun-Times

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…

Ballotpedia

Family hits out after Scots grandad ‘trapped’ in Spanish hospital awaiting heart bypass surgery

Jim Murray, from Uddingston, travelled to Benidorm with wife Liz on April 21 for a two week sunshine break but suffered a suspected heart attack and caught coronavirus just days into their holiday.

Daily Record

Martin Lewis gives summer holidays savings tips and urges travellers to get health insurance card

The 50-year-old money expert is back with more tips on The Martin Lewis Money Show.

Chronicle Live

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.

Benzinga

Ramban incident: EPFO submits composite form for pension, insurance and PF to family of two locals

JAMMU: In continuation to its endeavours to provide social security to the members and their dependents in times of hardships, Rizwan Uddin, Regional Provident Fund Commissioner – I, EPFO RO Jammu, Kashmir and Ladakh took cognizance of the recent tragic death of two local workers at Khooni-Naalah tragic incident in…

The Times of India

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The Hindu

Farmers asking insurance for living: Jagga Reddy

hyderabad

The Independent UK

Households ‘may struggle to get insurance without climate change action’

There could be a reduction in access to lending and insurance for those sectors most exposed to physical risks, the Bank of England said.

StockNews.com

Assurant: An Outperforming Insurance Stock That Has More Room to Run

Assurant Inc. (AIZ) reported solid revenue growth across its segments in its last reported quarter and expects its earnings to soar in the coming quarters. Also, its stock has gained 14.5% in price year-to-date, outperforming the broader market this year. So, read on for details on why we think it…

Benzinga

Dexcom In Talks To Acquire Insulet, Create a Giant In Diabetes Devices: Bloomberg

Dexcom Inc (NYSE:DXCM) is reportedly in talks to acquire medical-device company Insulet Corporation (NASDAQ: PODD) to create a giant in diabetes devices, according to people with knowledge of the matter. According to Bloomberg, talks between the companies are ongoing, and an agreement could be reached in the coming weeks. Discussions could still be delayed or fall…

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Daily Record

DWP rejects call to up-rate State Pension for half a million older people living abroad

There are 1.1 million UK State Pension recipients who are overseas residents.

Tribune News Service

Editorial: Build on insulin affordability reform

Access to insulin can be a matter of life or death for those with diabetes, a disease that more than 37 million Americans live with. But the drug's soaring price can alarmingly put it out of reach of those who need it.

The Times of India

LIC to declare financial results for FY22 on May 30; board to consider dividend payment

NEW DELHI: The board of directors of the state-owned Life Insurance Corporation of India (LIC) is scheduled to meet at the end of this month to declare the financial results for the fiscal year ended March 2022.

The Guardian - AU

Yachts and mansions: founder of company that left thousands of Aboriginal people out of pocket made more than $20m, tax-free

Ron Pattenden continued to make money from the Aboriginal Community Benefit Fund even after selling it in the wake of damning royal commission findings

Wales Online

Turkey roasting rivals in race to attract UK visitors with holiday bargains

The Guardian - UK

Driving costs: how to save on petrol, insurance and more

With the cost of fuel soaring, there are small changes you can make to save money

The Independent UK

Pet insurers process record number of claims in 2021

People getting new pets and vets being able to take on more non-emergency treatments are behind the increase to 1.03m, the ABI said.

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