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The Latest Breaking News from Insurance

From magic acts to Goldman Sachs and beyond: the US finance whiz helping kickstart UK growth

Tracy Blackwell, boss of the Pension Insurance Corporation, has worked her way from up Baskin-Robbins and survived a shipwreck disaster (for her possessions), to lead a company set to work closely with the new chancellor

The Guardian - UK

Houston property insurance is already expensive. Hurricane Beryl will make it worse.

Insurance researchers and analysts expect insurers will continue raising already high premiums — and become more selective with what type of damage they cover.

The Texas Tribune

Meet 9 power players in the private credit industry set to be a $3.5 trillion profit center for Wall Street.

Many of the biggest private credit firms are also well-known PE firms

Fortune

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3 Healthcare Stocks for Defensive Investing

With the growing concern for health, rapidly surging healthcare costs, and government initiatives, the healthcare industry is positioned for robust growth. Also, investing in healthcare stocks can be a good strategy for defensive investing due to the industry's resilience to economic cycles. Thus, it could be wise to invest in…

StockNews.com

2 Insurance Stocks With Promising Q2 Earnings Expectations

The insurance market looks set for strong growth with new strategies, rising demand, enhanced risk assessment, and innovations. Given this backdrop, investors might consider buying robust insurance stocks Hagerty (HGTY) and HCI Group (HCI), both expected to deliver promising Q2 earnings. Keep reading.

StockNews.com

How to make sure that your holiday car rental is a smooth ride

You must be smart to find the best prices, and vigilant for extra charges. But how your name appears on the booking can spell the end of the road

The Guardian - UK

Rate hike chance 'incredibly slim' in bumpy last mile

Australia is charting a similar rocky path down from elevated inflation as other major economies, economists say, but is only a few steps behind.

AAP

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10 Ways to Generate Retirement Income

Each of these retirement income strategies has benefits and drawbacks. Here's what to consider to help you decide which ones might work for you.

Kiplinger

Arthur J. Gallagher & Co. Earnings Preview: What to Expect

Arthur J. Gallagher & Co. is expected to release its second-quarter earnings this month, and analysts project a high-teen profit surge.

Barchart

Former Georgia insurance commissioner sentenced to prison after pleading guilty to health care fraud

A federal judge sentenced former Georgia Insurance Commissioner John Oxendine to serve three-and-a-half years in prison after Oxendine pleaded guilty to health care fraud

The Independent UK

How much does the US spend on Social Security? Is it sustainable?

The largest public program in the US is supporting nearly 68 million people per month in 2024.

USAFacts

Increasingly popular 'parametric insurance' helps farmers and others hit hard by extreme weather

A growing type of insurance, called parametric insurance, is helping farmers and others in developing countries respond to extreme weather events

The Independent UK

State Farm Threatens to Abandon California If They Can't Raise Prices: 52% For Renters, 30% For Homeowners

High inflation and rising California fires have led State Farm to propose homeowners insurance rate hikes. At the same time, many insurers remain hesitant to return to the state due to rapid climate change.

International Business Times UK

Why Would You Need Cyber Insurance?

First, what is it? And is it really necessary? Here are some instances where you might wish you had a cyber insurance policy.

Kiplinger

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The Conversation

Why an ‘AI health coach’ won’t solve the world’s chronic disease problems

Last week, two big names in the artificial intelligence (AI) and wellness industries announced a collaboration to develop a “customised, hyper-personalised AI health coach that will be available as a mobile app” to “reverse the trend lines on chronic diseases”.

The Conversation

NDIS reforms are still in limbo. What’s going on, and are people with disability getting enough say?

Following the release of a review into the National Disability Insurance Scheme (NDIS) late last year, reform is on the cards for the scheme in 2024.

Caixin Global

Former Deputy Head of China Taiping Pleads Guilty of Taking $11 Million in Bribes

Xiao Xing’s crimes spanned 25 years during which he illegally received and gifts, the procuratorate said

Barchart

What You Need to Know Ahead of Globe Life’s Earnings Release

Globe Life is expected to announce its second-quarter earnings this month, and analysts expect a double-digit increase in its EPS.

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The Independent UK

Father killed his family in their 21-room mansion. Just days before, his wife’s life insurance policy was changed

The parents’ siblings are now battling over the life insurance policy in court

Barchart

Chubb's Q2 2024 Earnings: What to Expect

Chubb’s second-quarter earnings will be unveiled later this month, and analysts project a single-digit bottom-line growth.

The Independent UK

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response

Autosport

Can Black beat Brown to gold in Ryan Motorsport Insurance Autosport National Rankings?

Stewart Black has moved back to the top of the Ryan Motorsport Insurance Autosport National Rankings table thanks to a triple victory at Knockhill.

StockNews.com

3 Financial Stocks Analysts Say Are Poised for Strong Q2 Earnings

With wider insurance and reinsurance operations, and technological advancements, the financial industry is flourishing. Thus, it could be wise to invest in financial powerhouses Reinsurance Group (RGA), AXIS Capital (AXS), and Hagerty, (HGTY), which are poised for strong Q2 earnings. Read more.

The Independent UK

Direct Line to finally launch on price comparison websites

The insurance brand will launch on price comparison websites with a new suite of motor insurance products

International Business Times

Navy Sailor Punished For Trying To Access Biden's Medical Records

The sailor's actions were reported by a co-worker, prompting an investigation into the violation of the Health Insurance Portability and Accountability Act (HIPAA).

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