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The Latest Breaking News from Insurance

Outgoing commissioner brands NDIS cut-off age an oddity

The age discrimination commissioner has queried why people are cut off from the National Disability Insurance Scheme once they reach 65.

AAP

Illinois governor signs bills giving state power over health insurance prices, Affordable Care Act exchange

Illinois will soon run its own Affordable Care Act health insurance marketplace, and have the power to stop sky-high price increases of plans sold on it.

Chicago Tribune

Can President Biden’s executive order help American women get better birth control?

The White House wants to remove insurance barriers to birth control access, two months after Fortune published an investigation into those problems.

Fortune

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Credit Cards That Cover Rental Car Insurance

The best credit cards to use for rental car insurance.

Kiplinger

Musicians' Union at Keys Week 23: Join a bigger band

You are a musician. You are not an accountant, or a lawyer, or a politician. That’s why you need the MU

MusicRadar

It’s Time for American Equity Investment Life Shareholders to Jump on the Brookfield Bandwagon

Brookfield Reinsurance has offered to buy the shares of American Equity Investment Life it didn’t already own for $55. American Equity shareholders should rollover the stock portion of the deal, opting to hold Brookfield for the long haul.

Barchart

U.S. weekly unemployment insurance claims unchanged at 264,000

New applications for U.S. unemployment insurance benefits for the week ending June 17 were unchanged from the previous week’s revised number at 264,000. The four-week moving average as of June 17 increased 8,500 from the previous week’s revised number to 255,750. The average is the highest since November 13, 2021.

Ballotpedia

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When Insuring Crops Ensures Climate Mistakes

Crop insurance puts pistachios, cherries and other vulnerable crops on life-support as rising temperatures threaten California agriculture.

Capital & Main

Property insurance fraud investigations and arrests are up but they’re still a drop in bucket

If you want to know why insurance companies often take adversarial positions toward homeowner claims, look no further than the number of fraud cases investigated each year.

Tribune News Service

Insurance scheme for MSMEs in the offing with govt. bearing up to 50% of premium amount

The State government will implement an insurance scheme to support Micro, Small and Medium Enterprises (MSME) with the government bearing up to 50% of the premium amount, Industries Minister P. Rajeeve has said

The Hindu

Major league damage: $12K Sony lens hit by 104mph ball

Sports photographer Jim Rassol sees a foul ball take out his Sony lens – and the insurance may not pay out

Digital Camera World

Killed student's family get insurance money

The Education Ministry has paid life insurance money to the family of a Mathayom Suksa 6 student who was killed when a fire extinguisher exploded during a fire drill at his Bangkok school on Friday.

Bangkok Post

Killed student's kin get insurance money

The Education Ministry has distributed life insurance money and other financial assistance to the family members of a Mathayom Suksa 6 student who was killed when a fire extinguisher exploded during a fire drill at his Bangkok school on Friday.

Bangkok Post

Storing Money in PayPal, Venmo or Cash App Carries Hidden Risks, CFPB Says

A Consumer Financial Protection Bureau issue says PayPal and other popular payment apps often sidestep key government protections for your funds.

Kiplinger

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The Japan News/Yomiuri

Hail prediction service in works via 2 nonlife insurers

The nation's first hail prediction notification service could start as soon as fiscal 2024, according to two nonlife insurance companies working to create the system.

StockNews.com

Clover Health Investments (CLOV): Buy, Hold or Sell End of June?

Clover Health (CLOV) has been subject to several lawsuits and federal investigations. Also, the company’s bottom line is in the red. However, CLOV is ramping up its efforts to accelerate its path to profitability. So, should you Buy, Hold or Sell the stock now? Read on to learn my views.

The Independent UK

Everything you need to know about the Ghic, the post-Brexit health insurance card

Holding this card – which does not cost anything – means British travellers to the European Union get free or discounted medical treatment

Kiplinger

Yes, You Can Be the Beneficiary of Your Own Life Insurance Plan

A life insurance policy that includes living benefits could be a game-changer if you become ill or need long-term care.

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Evening Standard

Girlfriend of dentist who killed his wife while on safari jailed for 17 years for encouraging the murder

Lori Milliron, the girlfriend of Lawrence Rudolph, was tried alongside him in July 2022

The Guardian - UK

We’re at a loss, as ManyPets doubles the cost of our dog’s lifetime cover

At first the annual increases were manageable, but now the bill tops £2,692

The Hindu

Ayushman Bharat Arogya Karnataka: Team of officials to visit Rajasthan, Tamil Nadu to study health insurance schemes

Based on a high-level review of the Ayushman Bharat Arogya Karnataka (AB-ArK) health scheme, the State Health Department is now weighing the pros and cons of adopting the insurance mode of the health scheme over the existing assurance mode.

The Guardian - UK

UK drivers complain as car insurance renewal costs rise up to 70%

Latest financial pain in cost of living crisis comes from steep price increases for motor cover

Kiplinger

When Will Social Security Run Out of Money? And Medicare?

Social Security and Medicare trust funds, which help pay benefits, are projected to run dry. What will happen then?

Dublin Live

Rave at Dublin Port postponed due to 'insurance issues'

Temporary Pleasure was working to convert Dublin Port into a space for performances from local artists and collectives

The Guardian - AU

Australian Anglican schools left exposed as insurers refuse to indemnify church against child abuse claims

State governments fear lack of insurance means churches will withdraw out-of-home care and youth homelessness services

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