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The Latest Breaking News from Insurance

GOP lawmakers commit to big spending cuts, putting Medicaid under a spotlight – but trimming the low-income health insurance program would be hard

Efforts by Republicans in Congress to make steep spending cuts have stirred widespread concerns that the federal government may trim expenditures on Medicaid even though President Donald Trump has previously indicated that he’s unwilling to do that. This public health insurance program covers around 72 million people – about 1…

The Conversation

Porch Group Stock Surges 76% in 2 Days – What’s Next?

Porch Group shares recently experienced an incredible rise in value. What's next for this firm that dubs itself a "new kind of homeowners insurance company".

MarketBeat

Invest Like Buffett: Navigating Market Dynamics With Insights From The 2024 Berkshire Letter

Decoding Buffett's 2024 letter delves into the sage of Omaha's latest shareholder communication, extracting vital lessons on ethical investing, strategic foresight, and sustainable growth strategies.

Barchart

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How to Invest Like the Rich (and Pay Zero Taxes on Gains)

The wealthy favor private equity and credit (and private placement life insurance) for higher returns with no taxes. If you're worth $1 million, you can, too.

Kiplinger

‘Criminals will go unpunished’ after victim services cuts, Reeves warned

Victims commissioner tells chancellor cutbacks and national insurance hike creating ‘existential crisis’ for abuse charities

The Guardian - UK

Medicaid recipients fear ‘buzzsaw cuts’ for Trump’s agenda: ‘We’re not going to be alive forever’

To pay for $4.5tn in tax cuts and mass deportations, the GOP plans to roll back the federal healthcare insurance program

The Guardian - US

Most Americans who experienced severe winter weather see climate change at work, AP-NORC poll shows

A new poll finds that most U.S. adults who say severe cold was among the types of extreme weather they experienced in recent years cite climate change as a cause

The Independent UK

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Allianz fined millions over misleading travel insurance

Insurance giant Allianz Australia has admitted misleading consumers about how much could be paid out under its travel policies.

AAP

Berkshire Hathaway’s Unusually Active Options Provide Attractive Bull Put Spread

Berkshire Hathaway had two unusually active put options in Wednesday trading. The options set-up for an attractive bull put spread if you’re moderately bullish about the holding company’s chances over the next year. Here’s why.

Barchart

The Six People You Need to Talk with Before Retiring — and the Best Questions to Ask

It takes a team of people to build a great retirement plan. Here are the experts you need to reach out to before you make your big move.

Kiplinger

Choice reveals Australian insurers with biggest price hikes in the past year

Kogan, RAC and Honey were the worst offenders, raising rates by more than 30%, while only one brand lowered its quotes

The Guardian - AU

Are Wall Street Analysts Bullish on Cincinnati Financial Stock?

Due to Cincinnati Financial’s outperformance relative to the S&P 500 Index over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Barchart

Social Security Disability Dispute Times Could Worsen After Office Closures as Pending Cases Cross 270K

The already lengthy times for appealing rejections for the Social Security Disability Insurance benefits could worsen due to systemic challenges and DOGE's decision to downsize the federal agency.

International Business Times UK

Will Dr. Oz Push Medicare Advantage Plans Now That He's Confirmed?

As original Medicare faces funding shortfalls, Dr. Oz may shift to private insurance providers through Medicare Advantage. Here's what we know so far.

Kiplinger

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The Independent UK

Income tax will have to rise, ex-Bank of England chief warns, as he blasts Reeves’ ‘irresponsible’ promises

Mervyn King says there is ‘no harm’ in raising the basic rate of income tax as he urged Rachel Reeves to act over ‘silly things’ said before the election

Evening Standard

Hiscox takes £134m hit on LA wildfires after second year of record profit

The insurance group estimated that the broader insurance industry loss from the wildfires would be about 40 billion US dollars.

The Guardian - AU

Multimillion-dollar settlement for passengers on trip described by lawyer as ‘cruise from hell’ – as it happened

This blog is now closed

Fortune

MassMutual's CIO says a years-long data overhaul helped prepare his company for the AI boom

MassMutual CIO Sears Merritt led a revamp of how the insurance giant handles data to take advantage of new AI technologies.

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Kiplinger

What Does Medicare Not Cover? Eight Things You Should Know

Medicare Part A and Part B leave gaps in your healthcare coverage. But Medicare Advantage has problems, too.

The Guardian - US

My $30,000 health insurance claim was denied. Then I tweeted about it

Public shaming works – but it’s also a sign of how broken the appeals process is in the US health insurance industry

The Conversation

Cutting Medicaid and federal programs are among 4 key Trump administration policy changes that could make life harder for disabled people

While policy debates on immigration, abortion and other issues took center stage in the 2024 presidential election, the first months of the Trump administration have also signaled major changes in federal disability policy.

Advnture

This SOS subscription plan works with iPhone, InReach and other satellite devices and pays for backcountry emergencies – it's cheaper than a pair of running shoes

Overwatch x Rescue is the first SOS plan to take advantage of iPhone's new satellite messaging capabilities to make emergency rescue and treatment affordable

Kiplinger

Don't Let Health Care Costs Wreck Your Retirement: Here's How

Four strategies to keep health care costs from tanking your retirement, especially before Medicare kicks in.

The Texas Tribune

Texas has the highest rate of uninsured children, and it’s getting worse

Issues with Medicaid coverage, including long wait times, abrupt loss of coverage and lack of political will to expand it, have contributed to Texas’ high uninsured rate for children.

Kiplinger

Luxury & Exotic Car Insurance: How to Get the Best Coverage Without Overpaying

Learn how to insure a luxury or exotic car without overpaying. Compare rates, maximize discounts, and find the best coverage options for high-end vehicles.

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