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The Latest Breaking News from Insurance

Michael Burry: 'The Guaranty System Ends With the Taxpayer,' Points to New Study on Hidden Insurance Risk

Michael Burry spotlights research warning that losses tied to private credit at life insurers could ultimately flow through state guaranty systems.

International Business Times UK

5 Key Proposals in Trump’s “Great Healthcare Plan

Navigating the American medical landscape often feels like trying to decode a foreign language while watching your bank account drain. If you have ever opened...

Saving Advice

How to Read an Annual Escrow Account Statement

That annual escrow account statement may look like a spreadsheet designed to make a homeowner’s eyes glaze over, but it holds one very important answer: why did the mortgage payment change? The statement breaks down the money collected for property taxes and insurance, shows what actually happened during the previous…

Everybody Loves Your Money

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UK Veterans Told to Repay Thousands After MoD Pension Error Left Some Owing £100,000+

Over 1,000 UK veterans must repay pension overpayments due to MoD errors, with some debts exceeding £100,000. The issue stems from misapplied national insurance rules, affecting many retirees' finances.

International Business Times UK

ICICI Lombard rejects Rs 50 lakh accidental death insurance claim, consumer court said insurers can't add new claim conditions. Here's what happened

A consumer commission ordered ICICI Lombard to pay fifty lakh rupees to a policyholder's nominee. The policyholder died in a road accident, and the claim was initially rejected. The insurer demanded additional documents which were not required at policy issuance. The commission ruled that imposing new conditions after policy issuance…

The Economic Times

Forget the Florida escape — Miami now rivals New York for unaffordability

Long hailed as a haven for affordable retirement, Miami now has areas that are more expensive than the Big Apple

The Independent UK

Mark Cuban Says CEOs are 'Shocked' by Hidden Healthcare Costs, Urges Companies to Use AI to Find Where They Are Being Ripped Off

Billionaire entrepreneur Mark Cuban argued that companies may be overspending on healthcare because executives lack visibility into complex insurance contracts and urged them to use artificial intelligence tools to identify hidden costs.

Benzinga

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Petrol station denied extra payout over Cambodian rocket hit

The Si Sa Ket petrol station hit by a Cambodian rocket last year will not receive further compensation as its losses were fully covered by insurance and its parent company, the government says.

Bangkok Post

What Trump’s New Healthcare Plan Proposes for Drug Prices, Insurance, and HSAs

President Donald Trump’s new Great Healthcare Plan takes aim at some of the most frustrating parts of American healthcare: expensive prescriptions, confusing insurance bills, rising premiums, and the feeling that nobody can tell you what anything costs until the bill arrives. The proposal would push for lower drug prices, more…

The Free Financial Advisor

Best Places to Put Emergency Savings in 2026: 6 Options Beyond a Regular Savings Account

Emergency savings do not need to sit in one boring account forever. In 2026, savers have several places to keep cash accessible, earn interest, and potentially protect more of their money from inflation without tossing the whole emergency fund into the stock market roller coaster.

Everybody Loves Your Money

Summer holiday car hire: drive a great deal and avoid hidden fees

Unclear terms and expensive extras can turn what seemed like a cheap rental into a costly one

The Guardian - UK

Woman Buys Chevrolet. Then She Tries To Use The Warranty—And Runs Into Biggest Misconception There Is: ‘It’s Bumper To Bumper?'

'Some things just aren’t common sense.'

Motor1

Why Your Pharmacy Can Charge Two Different Prices for the Same Prescription on the Same Day

You arrive at the pharmacy expecting to pay your usual $18 copay. Instead, the cashier tells you the prescription will cost $142. Before you walk...

Saving Advice

I'm a Financial Pro: My Family Story Shows Why We Should All Consider Disability Insurance — Including Advisers

Disability insurance can ensure your family is taken care of if serious illness or injury strikes. But sometimes only a real-life story drives that message home.

Kiplinger

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Everybody Loves Your Money

Household Debt Rose Again in Q1: 6 Bills Families Should Prioritize Before Taking on New Payments

Household debt rose again in the first quarter of 2026, reaching $18.8 trillion after increasing by $18 billion, according to the Federal Reserve Bank of New York. The increase may look modest on paper, but family budgets do not live on paper. They live in checking accounts, grocery aisles, repair…

The Economic Times

US strikes Iran from south to north after Trump threats over Red Sea shipping

US missiles struck targets across Iran after Houthi attacks on Saudi tankers escalated regional conflict. Iranian forces retaliated by firing at US bases in neighboring Arab countries. The Houthi attacks pushed oil prices above $100 per barrel, impacting global markets. Shipping insurance costs doubled, and several tankers diverted their routes.…

The Economic Times

SBI Life Q1 results: Profit rises 22% YoY to Rs 720 crore on strong premium growth

SBI Life Insurance reported a 22% YoY rise in June-quarter profit to Rs 720 crore, driven by robust growth in new business and renewal premiums. Gross written premium rose 20%, while value of new business climbed 29%. The insurer also reported higher embedded value, improved persistency and steady growth in…

The Economic Times

Q1 Results today: SBI Life, Tata Consumer, Hindustan Zinc among 86 companies to announce earnings

A total of 86 companies are slated to announce their Q1 FY27 earnings today, with key names including Tata Consumer Products, SBI Life Insurance, Hindustan Zinc, Shriram Finance, ACC, Bank of Baroda, Bank of India, SAIL, SBI Cards, Laurus Labs and Lodha Developers.

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The Economic Times

Global Market: HSBC to sell Singapore insurance business to Allianz in $2.09 billion deal

HSBC will sell its Singapore life and health insurance business to Allianz. This deal values the unit at S$2.7 billion and is expected to close in early 2027. The transaction will generate a pre-tax gain for HSBC and improve its capital ratio. Allianz gains a stronger presence in Singapore's insurance…

The Economic Times

HSBC to sell Singapore insurance unit to Allianz in $2.1 billion deal

HSBC will sell its Singapore life and health insurance business to Allianz. This deal is valued at S$2.7 billion and is expected to close in early 2027. The sale will help HSBC simplify its operations and focus on core markets. Allianz gains a significant expansion opportunity in Singapore's regulated market.…

Saving Advice

7 Expenses Many People No Longer Pay After They Retire

Retirement doesn’t just change how much money comes in. It changes where your money goes. While healthcare and leisure spending often increase, many work-related expenses...

Fortune

Innovaccer’s CEO walked away from Disney and NASA to fix healthcare’s data mess. Now the startup has crossed $200 million in ARR

The company connects hospitals’ electronic health records and insurance claims systems, positioning itself as the infrastructure layer beneath the healthcare AI boom.

The Free Financial Advisor

CMS Issues Technical Correction to 2027 Affordable Care Act Benefit and Payment Parameters Rule

The Centers for Medicare & Medicaid Services (CMS) has issued a technical correction to its 2027 Notice of Benefit and Payment Parameters, updating portions of the Affordable Care Act (ACA) rule that governs health insurance marketplaces and the Basic Health Program. The correction was published in the Federal Register on…

Medical Daily

A Blood Test for Colorectal Cancer Is Now Included in Official Screening Guidelines, with Key Limitations Patients Should Know

The ACS 2026 colorectal cancer guidelines added the Shield blood test, but call it a non-preferred option less effective at finding precancerous polyps than colonoscopy or stool tests.

International Business Times

Millions of Americans Report Feeling Trapped In Their Jobs. They Don't Leave Because They Need The Health Insurance

Millions of Americans say they are trapped in jobs because they are afraid of losing their health insurance.

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