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The Latest Breaking News from Insurance

IBD 50 Stock Nears All-Time High; Beats S&P 500 With 45% Growth

Growth stock Kinsale is near an all-time high after a 45% gain for the year. Wall Street estimates 45% growth for the insurance stock in fiscal 2023.

Investors Business Daily

Appeals Court Rules in Much-Anticipated Abortion Pills Case

Plus: Court urged to stop Arkansas' social media age verification law from taking effect in September, legalizing medical marijuana linked to lower insurance premiums, and more...

Reason

Packers and movers directed to pay ₹4 lakh for goods damaged in transit

Hyderabad District Consumer Commission orders DRS Dilip Roadlines Ltd to pay ₹4 lakh as compensation for damaged household items during transit from Hyderabad to Noida. OP offered ₹8,000 as settlement, but Commission found it inadequate. Deducted 60% of value as depreciation & ordered OP to pay ₹3 lakh as insurance…

The Hindu

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Admiral profit up 4% despite insuring 380,000 fewer vehicles

Insurer says it had to raise premiums, up 20% in first half of year, in response to high inflation and rising costs

The Guardian - UK

Progressive Delivers Nice Price Surprise: Time to Buy?

Progressive delivers healthy insurance results for July. Its share price is up more than 8% in Wednesday trading. It’s now recovered all of the stock losses from July. Don’t worry; it’s still a long-term buy.

Barchart

Is Loews Corp. (L) a Better Buy Than Berkshire Hathaway (BRK.B)?

The insurance industry shows significant potential in its property and casualty segment. Given this backdrop, let’s delve into a comparative analysis of insurance stocks Berkshire Hathaway (BRK.B) and Loews Corporation (L) to ascertain which one of these could be a better buy now. Read on….

StockNews.com

The great car insurance con: Complaints about payouts soar as motorists hit by record-high premiums

Exclusive: Insurers delaying payout claims and undervaluing cars among top complaints

The Independent UK

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Aviva joins Axa in saying crisis in NHS presents opportunities to expand business

UK’s biggest insurer gained 170,000 health insurance customers in past year as NHS waiting lists hit record highs

The Guardian - UK

Estate Planning for When ‘Baby Oops’ Comes Along

Here are four estate planning tasks to keep in mind to ensure Baby Oops gets what they need if you become incapacitated or pass away.

Kiplinger

Car running costs and when you may need a new one

From insurance to car tax, regular MOTs to servicing, owning a vehicle can be expensive.

The Week

Aviva sees health insurance boom as patients look for alternatives to long NHS waiting lists

Aviva has seen health insurance sales soar by 58%

Evening Standard

Aussie Mum Kylee Enwright Has Passed Away 3 Months After Fall In Thailand Left Her In A Coma

“Kylee passed away peacefully surrounded by her loved ones,” her husband Paul Enwright wrote on Facebook.

Pedestrian.tv

Alex Murdaugh's friend gets almost 4 years in prison for helping steal from his dead maid's family

A longtime friend of disgraced South Carolina attorney Alex Murdaugh has been sentenced to nearly four years in prison for scheming to steal millions of dollars in insurance settlements from the sons of his dead housekeeper

The Independent UK

Council in Somerset forced to close parks and tennis courts after insurance blunder

Clevedon town council chairman says he cannot reveal why insurance policies were revoked

The Guardian - UK

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InsideEVs

China: Tesla Lowers Model Y Prices, Adds Model 3 Insurance Subsidy

Tesla has decided to tweak its Model 3/Model Y offer in China, potentially to boost sales results and secure a strong third quarter volume.

Ballotpedia

U.S. weekly unemployment insurance claims rise to 248,000

New applications for U.S. unemployment insurance benefits rose 21,000 for the week ending August 5 to a seasonally adjusted 248,000. The previous week’s figure was unrevised. The four-week moving average as of August 5 rose 2,750 from the previous week’s unrevised average to 231,000.

WEKU

Call it 'stealth mental health' — some care for elders helps more without the label

Fewer than half of older adults who need mental health care or treatment for substance abuse get it. Many therapists don't feel qualified to treat older people, and insurance coverage is spotty, too.

The Hindu

State awards for best doctors announced

Best Doctors awards for 2022 announced: C.O. Anoop (Medical Officer, Mattool family health centre, Kannur) won health services award; S. Gomathy (Professor of Nephrology, Alappuzha Govt. Medical College) won medical edu. award; S. Jayasree (physician, ESI Hospital, Palakkad) won insurance medical service award; N.S. Saju (junior consultant, district hospital, Vadakara,…

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iMore

Under My Roof Home Inventory+ iPhone app makes listing your belongings a breeze

Take the stress out of making home insurance lists with this super-handy inventory app.

The Hindu

‘Telangana is only State where ryots have no crop insurance cover’

Telangana is the only State in India where farmers are denied crop insurance. Retired IAS officer and SDF convenor A. Murali demands the Centre's PMFBY be implemented. He proposed a booklet of 14 steps to improve farm sector growth to all political parties.

The Guardian - AU

Morning Mail: Insurance premiums through the roof, compensation for murdered refugee, the Matildas’ mentality

Home insurance premiums climb by 50% in high-risk parts of Australia; government reaches a confidential settlement with the family of Reza Barati

The Conversation

Private health insurance is set for a shake-up. But asking people to pay more for policies they don't want isn't the answer

Private health insurance is under review, with proposals to overhaul everything from rebates to tax penalty rules.

The Guardian - AU

Fears many Australians will abandon home insurance as premiums jump 50% in high-risk areas

Median premiums across all areas rose 28% in the year to March and actuaries warn climate disasters are driving them to unaffordable heights

The Conversation

Ghana’s national health insurance users often end up paying as much as those who don't belong. So why join?

Health financing is a challenge any country has to deal with to provide good healthcare services. It’s especially important for developing countries such as Ghana, where ability to pay is a hindrance to accessing all the healthcare services that people might need.

USA Today Sports Media Group

What is going on with Boston Celtics alumni getting involved in insurance scams?

The scam was orchestrated by former Celtics wing Terrence Williams, who convinced other former Boston players and those of other teams to participate in making fraudulent claims

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