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The Latest Breaking News from Insurance

Aviva insurance premiums jump amid ongoing price rises

Insurers have been ramping up the cost of cover in recent years to counter soaring claims expenses.

The Independent UK

Abolish Obamacare

The Affordable Care Act has become a broken welfare program for people who don't need it.

Reason

ASIC’s lawsuit against Cbus has put the big super funds on notice

Does your superannuation fund also provide you with insurance? Many of us are automatically enrolled without even realising. Now, the way super funds handle such claims has been thrust into the spotlight.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

We analyzed 40,000 M&A deals over 40 years. Here’s why 70-75% fail

Acquisitions appear in many cases to be tenure insurance for CEOs.

Fortune

What’s happening to the price of a pint?

Chancellor Rachel Reeves hiked employers’ national insurance rates and lowered the threshold at which they are paid

The Independent UK

Climate change fuelling insurance cost-of-living crunch

More than two-thirds of parents are worried about rising insurance costs pushed higher by climate change.

AAP

Insurance Magnate Pleads Guilty In Billion Fraud Scheme

Greg E. Lindberg pleads guilty to billion insurance fraud scheme, facing up to 10 years in prison. His actions harmed policyholders and deceived regulators.

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Insurance Company to Force Employees to Laugh More at Work by Installing Office 'Laughter Detectors' and Setting a Laugh 'Quota'

Baloise, an insurance company in Switzerland, brought in the laugh detector known as their "Chief LOL Officer" to get employees to laugh and to boost morale.

Latin Times

‘Charity tax’ on lotteries will deny good causes £1 million a year, Reeves told

Britain’s 500 lottery fundraisers have new gambling levy could exacerbate problems caused by the national insurance hike

The Independent UK

Jessica has private health insurance – but she will have to drive 150km to the Gold Coast to have her baby delivered privately

Australian women increasingly facing limited choices as private hospitals close maternity wards, obstetricians and gynaecologists warn

The Guardian - AU

Fuller’s latest to warn over price rises as it braces for £3m Budget hit

The pub group said the rise in employers’ National Insurance contributions will cost it £3 million with a further £5 million due in wage increases.

Evening Standard

Financial Planning Tips for Business Owners Raising Kids

BORKs face specific challenges that other business owners don't, so they need a different approach to their financial plans to ensure their family is protected.

Kiplinger

Streeting hints at help for health organisations hit by national insurance rise

Wes Streeting said he recognised the pressures that organisations which provided care outside the public sector were facing.

Evening Standard

Tackling ransomware without banning ransom payments

The funding of cybercrime through the payment of ransomware demands by insurers needs to stop.

TechRadar

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The Guardian - US

Police say missing Wisconsin kayaker faked death and possibly fled overseas

Investigators say Ryan Borgwardt took out $375,000 life insurance and was in contact with woman in Uzbekistan

Evening Standard

GP practices could be forced to close because of tax hike, Streeting warned

The combination of increases in national insurance contributions and higher wage bills could force or cuts or even closures, the BMA said.

The Guardian - US

Why the Trump administration will be bad for Americans’ health

Experts say president-elect is likely to oppose policies such as universal healthcare and measures to reduce smoking

Evening Standard

Average cost of motor cover £50 higher than a year earlier

While insurance prices are higher on an annual basis, the average cost of cover has fallen when compared with the previous quarter.

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The Texas Tribune

Texas’ 90,000 DACA recipients can sign up for Affordable Care Act coverage — for now

Those enrolled in the federal program shielding them from deportation can enroll through Jan. 15, but a lawsuit and Trump’s anti-immigration stance threaten to eliminate eligibility.

The Guardian - UK

UK jobs market cools as businesses warn over budget hit to hiring and prices

Rise in unemployment comes amid concerns over increase in employers’ national insurance contributions

Evening Standard

Parents face higher nursery fees due to national insurance hike, charity warns

Two in five senior staff in childcare settings have said changes in the Budget could lead to permanent closures unless the Government takes action.

The Guardian - AU

Private health insurance is a dud. That’s why a majority of Australians don’t have it

The private insurers are reportedly seeking a 5-6% premium rise next year. That’s rich – especially when you consider 65% of policies don’t cover everything

The Independent UK

UK hotspots for uninsured driving revealed – with 5 of the worst areas in a single city

Driving without insurance guarantees that you will pay the full cost of any accident, receive six to eight points on your licence and be fined up to £300

Evening Standard

Gangs stealing GPS trackers from tractors for use in Ukraine war, Commons told

Insurance claims have risen sharply after the start of the conflict in February 2022

The Independent UK

Rachel Reeves accused of business ‘betrayal’ as top bank warns tax hikes will hit living standards

It comes as business leaders accuse the Labour government of having ‘betrayed the nation’ following the national insurance hike for employers

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