The Latest Breaking News from Insurance

New applications for U.S. unemployment insurance benefits fell 11,000 for the week ending August 12 to a seasonally adjusted 239,000. The previous week’s figure was revised up by 2,000 to 250,000. The four-week moving average as of August 12 rose 2,750 from the previous week’s revised average to 234,250.

The insurance industry is known to thrive in a rising interest rate environment. Although inflation has eased significantly, it remains well above the Fed’s 2% target, making room for more rate hikes. Hence, smart insurance stocks Berkshire Hathaway (BRK.B), Fairfax Financial (FRFHF), and Heritage Insurance (HRTG) could be ideal additions…

Transport Commissioner S. Sreejith has proposed to GIC and IRDA to reduce insurance premiums for vehicles with no traffic rule violations/accidents & increase premiums for others due to a decline in accidents & fatalities.

Deputy CM Budi Mutyala Naidu directs officials to focus on e-crop enrollment to ensure farmers get govt incentives, subsidies, insurance. He held review meeting with Collector, MLA, and other officials to discuss developmental activities in Bobbili and district. Govt giving top priority to welfare of farmers, e-crop application essential for…

“We have no choice, we have to sell. As a matter of fact, I just put my house on the market 10 minutes ago,” one resident told NBC6.

The Detail podcast brings you the issues behind the news every weekday. Here's what we covered this week.

“About a third of homebuilders in Florida are saying that buyers’ concerns about insurance availability and costs are somewhat slowing sales.”

A woman has been handed a legal bill of more than £300 for not paying for car insurance despite telling the court she had paid her bill in full, amid fresh concerns about magistrates handing out speedy convictions behind-closed-doors.

The Actuaries Institute of Austalia has just confirmed what many Australian households already know – home insurance is increasingly unaffordable.