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The Latest Breaking News from Insurance

UK economics professor has a few theories about skyrocketing auto insurance rates

The latest figures from the U.S. Bureau of Labor Statistics are almost enough to force folks off the road – a 19 percent increase in auto insurance rates. Dr. Aaron Yelowitz is an economics professor at the University of Kentucky’s Gatton College of Economics. He has a few theories about…

WEKU

Louisiana, 9 other states ask federal judge to block changes in National Flood Insurance Program

Attorneys for 10 states and some Louisiana local governments hope a federal judge will block a new system for calculating rates for federal flood insurance

The Independent UK

China Greenlights First Insurer’s Sales of Perpetual Bonds to Replenish Capital

The approval for Taikang Life could pave the way for other insurance firms to use the instrument to strengthen their balance sheets

Caixin Global

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Investor's Toolkit: Leveraging Put Options for Portfolio Security

With the stock market looking fragile here, it might be time to look at buying some protection on stocks that we don't necessarily want to sell.

Barchart

The percentage of uninsured Texans in 2022 dropped to the lowest in a decade

Texas is still the state with the highest percentage of uninsured residents, at nearly 17 percent, according to the most recent U.S. Census Bureau survey released Thursday.

The Texas Tribune

Single parents face higher health insurance premium increases than other families, analysis shows

Consumer advocacy group Choice finds single parents face cost hikes of up to 70% when adding dependants while most two-parent families face no increase

The Guardian - AU

Motor and buildings insurance complaints to ombudsman hit five-year high

From April to June, the Financial Ombudsman Service received 3,869 complaints about car and motorcycle insurance and 1,776 buildings cover cases.

The Independent UK

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Stocks To Buy: Insurance Leader Goosehead Nears Entry After S&P 600 Inclusion

Among the best stocks to buy and watch, insurance leader Goosehead Insurance is near a new buy point in today's stock market.

Investors Business Daily

What to know about renters insurance and what it does and doesn't cover

When natural or manmade disasters happen, renters insurance can mean the difference between catastrophe and stability

The Independent UK

A Closer Look at Berkshire Hathaway’s (BRK.B) Investment Appeal

As Warren Buffett's Berkshire Hathaway (BRK.B) continues its robust performance, surpassing the broader market, its market capitalization reaches an unprecedented high. Given this backdrop, let’s take a closer look at the conglomerate’s investment appeal at the current price level….

StockNews.com

Income too high for Medicaid? ‘Spend down’ to qualify

Making more than the maximum income level for Medicaid isn’t necessarily a deal breaker

The Independent UK

4 reasons why your car insurance premium is soaring

The cost of car insurance has jumped more than 19% in the last year, far outpacing overall inflation. There are several reasons why that's happening.

WEKU

No limit to loot; 47% people forced to give up insurance in 5 years: Kharge slams Centre

Congress targets Modi govt. over inflation as retail inflation eases to 6.83%. 47% of life insurance policy holders returned policies in 5 yrs. Inflation has made essentials like medicines & education expensive; only wealthy friends of PM Modi benefit. Poor suffer most.

The Hindu

Insurance Company Continues Solid Profit Growth; Stock Claws Back

This insurance stock is in a new base and clawing its way off the bottom. The is company is poised to benefit from its reinsurance pricing.

Investors Business Daily

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The Guardian - AU

Cyclone Tracy caused $200m of damage. A repeat now would cost $7.4bn, Australian insurers say

The estimate exceeds $6bn paid out by insurers for Australia’s costliest disaster, the 2022 NSW and Queensland floods

The Conversation

With a pharmacare bill on the horizon, Big Pharma’s attack on single-payer drug coverage for Canadians needs a fact check

Health Minister Mark Holland announced in August that the federal government intends to introduce pharmacare legislation in the fall. Now the battle lines are being drawn.

Ballotpedia

U.S. weekly unemployment insurance claims fall to 216,000

New applications for U.S. unemployment insurance benefits fell 13,000 for the week ending September 2 to a seasonally adjusted 216,000. The previous week’s figure was revised up by 1,000 to 229,000. The four-week moving average as of September 2 fell 8,500 from the previous week’s revised average to 229,250.

The Hindu

Govt. doctors call for inspections to improve quality of care

Govt doctors' assoc urges State to form committee to study rationality of UG/PG progs to address specialist shortage. Demands health minister conduct inspections to improve care quality, not seek media coverage. Calls for addressing manpower shortage, displaying public stats, not expanding w/o recruiting, reviewing GO 354 & representation in insurance…

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The Independent UK

Durham promoted to Division One of the LV= Insurance County Championship

Leicestershire failed to secure any batting bonus points in their game against Sussex and can no longer reach Durham’s points total.

The Hindu

KPRS demands that State government declare Kalaburagi district as drought-affected

KPRS protests for Kalaburagi district to be declared drought-hit. They demand relief for farmers, insurance companies to release remaining claim of ₹115 crore, loan waiver, survey to assess crop loss & fair compensation, 200 days of employment guarantee & increased wages to ₹600/day.

The Hindu

Kalaignar Centenary Medical Research Centre to be set up in Tamil Nadu Dr. M.G.R. Medical University

Govt. allocates Rs. 100 cr for research building in TN Dr. MGR Medical Univ. premises. Kalaignar Centenary Medical Research Centre to be a tribute to former CM M. Karunanidhi. CM's Comprehensive Health Insurance Scheme beneficiaries get increased premium & treatment methods. Innuyir Kaapoom-Nammai Kaakum 48 scheme benefits 1.81 lakh persons…

The Hindu

Insurance cover provided for Dasara elephants and their handlers

14 elephants & their handlers in Mysuru's Dasara festivities provided insurance cover of ₹2 crore. 10 male elephants insured for ₹5 lakh each, 4 female elephants for ₹4.5 lakh each. 42 staff members insured for ₹2 lakh each. Elephants march through city streets with mahouts & kavadis under police security.…

Kiplinger

What Is Life Insurance? Choose the Type That's Right for You

What is life insurance? Life insurance can financially protect your loved ones after you pass away. Here's what you need to know about the different types.

The Guardian - US

Building Dignity: can a code of conduct stop abuse of US construction workers?

Minnesota advocates hope to end exploitation of construction workers by making developers make ethical standards pledge

Fortune

What to know before you buy a Medigap policy

Learn how this supplemental plan may lower some of your out-of-pocket health costs.

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