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The Latest Breaking News from Insurance

Warren Buffett Keeps Getting Older. Berkshire Hathaway Stockholders Are Getting Uneasy

Warren Buffett first bought Berkshire Hathaway stock in 1963. At 93, he's still in charge. Here's what we know about the succession plan.

Investors Business Daily

Direct Line to pay £30m to overcharged car and home insurance customers

Company breached rules that state existing policyholders should not be charged more than new ones

The Guardian - UK

How students heading to university can save some cash and budget wisely

Setting off for uni soon? These tips can help you keep on top of your finances. By Vicky Shaw.

The Independent UK

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Ex-Boss of Taiping Life Falls Under Graft Investigation

Zhang Ke, who helped quadruple the insurer’s revenue before leaving in 2020, taken away by authorities in Shanghai

Caixin Global

How to get federal disaster aid: FEMA is running out of money, but these strategies can help survivors of Hurricane Idalia and the Maui fires get aid faster

As questions loom over the Federal Emergency Management Agency’s ability to fund disaster recovery efforts, people who lost homes to recent wildfires and storms are trying to make their way through the difficult process of securing financial aid.

The Conversation

Hurricane Idalia could become 2023’s costliest climate disaster for the US

Analysts estimate the category 3 storm has already racked up a preliminary cost of $9.36bn, straining the insurance industry

The Guardian - US

Suicide major cause of unnatural deaths among prisoners in India: SC committee tells apex court

SC-appointed committee finds suicide major cause of 817 unnatural deaths in jails across India between 2017-2021. UP recorded highest number of suicides (101). Committee recommends building suicide-resistant cells/barracks, identifying potential hanging/anchoring points, providing psychological first aid, implementing health insurance schemes, and setting up a robust grievance redressal mechanism. SC to…

The Hindu

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Insurers aren’t obligated to pay Chicago Trump Tower’s pollution fines, judge rules

In 2018, the Illinois attorney general’s office filed a lawsuit against the hotel for violating environmental laws for allegedly polluting the Chicago River.

Chicago Sun-Times

Subsidized Flood Insurance Makes Storm Damage Worse

It's high time for Congress to end a program that routinely goes into debt providing subsidies to wealthy people living in high-risk areas.

Reason

3 Top Software Stocks to Power Your Portfolio in September

From groundbreaking advancements to transformative trends, the tech sector navigates macroeconomic headwinds. As the demand for software rises, it could be wise to invest in top-rated software stocks: VMware (VMW), Sapiens International (SPNS), and F5, Inc. (FFIV), which could power your portfolio in September. Read on….

StockNews.com

Australia’s greenhouse emissions are a national disgrace that are destroying the planet and costing households

The quarterly emissions data reinforces how much of a joke our 2030 emissions target is

The Guardian - AU

Hollywood union health insurance is particularly good. And it's jeopardized by strike

Hollywood actors and writers who qualify for their union health plans get a very good deal compared to other Americans. But not working during the strike threatens their eligibility in the system.

WEKU

Don’t be like Texas’ ‘Murph’

A Texan complains about immigrants doing what his whole county does.

Chicago Sun-Times

Will LIC restore Bharat Insurance Building?

The Hindu

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Zenger

Top 10 Most Expensive Cities To Own A Dog

Winston-Salem, Greensboro, and Bakersfield rounded out the top three cities as the most costly to own a dog.

WEKU

She paid her husband's hospital bill. A year after his death, they wanted more money

Eloise Reynolds encountered a perplexing reality in medical billing: Providers can come after patients for more money well after a bill has been paid.

Fortune

Does Medicare pay for nursing home care?

One of the biggest expenses Medicare beneficiaries are likely to face will be long-term care.

The Guardian - AU

National Disability Insurance Agency accused of ‘failing’ young children with autism

Committee hears every family Austism Partnerships Australia worked with who challenged their NDIS funding rejection was eventually approved for intensive support

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The Guardian - UK

Money down the drain: scandal of Kenya’s failed dams reveals a country drowning in debt

Kenya came out of the 2008 financial crisis in fine shape. Today, it is mired in ‘shocking corruption and debt dependency’. The tale of two ill-fated infrastructure projects explains why

StockNews.com

Clover Health Investments (CLOV) vs. Cigna (CI): Which Medical Stock is the Bigger Buy?

The ever-rising healthcare costs are boosting the insurance industry in the current economic landscape. While prominent industry players Clover Health (CLOV) and Cigna Group (CI) should benefit, let us analyze which is the bigger buy.

The Guardian - UK

Feeling the heat: how extreme weather is pushing up UK home insurance costs

Subsidence claims rise as climate crisis causes heatwaves, storms and flooding

The Independent UK

The great car insurance con: Soaring cost of premiums driving motorists to sell up

Emma Parsons-Reid is among the many drivers considering ditching her car after her premium rocketed by 83 per cent

Tom’s Guide

5 astonishing uses of AI happening right now

From making medical discoveries to changing the way we play games, generative AI is recreating our world

The Guardian - UK

How can our car insurance renewal go up by a shocking 180%?

We do very few miles and have four years’ no-claims discount

The Conversation

20% of children have developmental delay. What does this mean for them, their families and the NDIS?

Professor Bruce Bonyhady is often described as the architect of the National Disability Insurance Scheme (NDIS) and is co-chair of the panel reviewing it. He spoke last week about the sustainability challenges faced by the scheme.

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