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The Latest Breaking News from Insurance

House bill to make US healthcare costs transparent unlikely to bring down prices

Supporters say bill could bring down costs as ‘consumers’ shop around but experts say comparison shopping is unrealistic

The Guardian - US

Here’s how much the average home insurance payout has increased

In the year to September 30, the average sum paid out by home insurers was £4,096, marking a 64% increase compared with the previous year

The Independent UK

Making Fraudulent Insurance Claims Can Land You in Jail

Insurance adjusters know fraud when they see it. A fraudulent claim can follow you for years, resulting in much higher rates and even canceled policies.

Kiplinger

From analysis to the latest developments in health,
read the most diverse news in one place.

When a quick telehealth visit yields multiple surprises beyond a big bill

For the patient, it was a quick and inexpensive virtual appointment. Why it cost 10 times more than she expected became a mystery.

WEKU

How many people skip medical treatment due to healthcare costs?

In 2023, dental care was the most frequently skipped form of medical care, with 19% of American adults forgoing treatment.

USAFacts

Medicare: Dozens of Drugmakers Raised Prices Faster Than Inflation

Medicare: Biden administration slams pharmaceutical companies for steep price hikes on certain prescription drugs.

Kiplinger

3 Solid Medical Stocks to Watch for Year-End Success and Beyond

The medical sector is poised for significant growth, driven by technological advances, robust demand for medicines due to an aging population, escalating healthcare costs, and the rising need for quality healthcare. To that end, it could be wise to buy fundamentally strong medical stocks Elevance Health (ELV), MiMedx Group (MDXG),…

StockNews.com

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LIC to play key role in achieving 'Insurance For All by 2047: chairman

LIC will play a significant role and to meet that objective it is planning to launch a product especially designed for rural areas.

The Hindu

‘You have a responsibility’: how Aviva’s Amanda Blanc has promoted equality in UK business

From BP to the CBI, the insurance boss has influenced some of the biggest changes in corporate Britain this year

The Guardian - UK

This NRA Supreme Court Case Has Big Implications for Porn

The ACLU will represent the gun rights group in a case with widespread relevance for free speech.

Reason

Don’t leave home without it: 9 credit cards that offer comprehensive travel insurance

Many travel credit cards offer extensive travel insurance, but not all policies are equal. We've rounded up some of the best options.

Fortune

Top insurance CEO announces that white male new hires must be personally signed off by herself

There is “no non-diverse hire" at Aviva that hasn’t been “signed off by me and the chief people officer,” the blue-chip company’s CEO, Amanda Blanc, revealed.

Fortune

Chicago man sues former employer, union for denying gender-affirming care: ‘I was shattered’

Morgan Mesi says Breakthru Beverage Illinois denied coverage of a bilateral mastectomy and hormone therapy, according to a complaint filed in federal court Thursday.

Chicago Sun-Times

'Culture of cover-up' in senior cop drink-driving case

A high-ranking officer accused of a serious drink-driving offence initially claimed he fell asleep and failed to mention alcohol use, internal documents reveal.

AAP

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The Texas Tribune

Nearly 1.7 million Texans lose Medicaid as state nears end of “unwinding”

Texas has booted the most people from Medicaid of any state in the country. A majority of those removed lost their health insurance coverage because of procedural reasons.

Fortune

United Explorer Card: packed with perks that outweigh the annual fee

With the United Explorer Card, you’ll pay $95 a year for handy United-related perks and important travel benefits.

The Guardian - AU

Australian health insurers earn $1.3bn more in surplus than two years ago, report shows

Australian Medical Association study also shows $500 difference in benefits between insurers for identical procedures

The Independent UK

How are Houthi attacks on ships in the Red Sea affecting global trade?

Yemen's Houthi rebels have been attacking ships in the Red Sea, one of the world's major trade arteries

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The Conversation

What does a building need to call itself 'accessible' – and is that enough?

The National Disability Insurance Scheme (NDIS) review and the disability royal commission’s final report both highlighted the crucial role of accessible buildings and homes in ensuring the inclusion of people with disabilities.

Top News

Bayview Ponders Oceanview Insurance Arm Sale

Bayview pulls up the periscope, setting sights on potential sale of its insurance subsidiary, Oceanview. A maelstrom of investments and opportunities await!

WEKU

Most Americans with mental health needs don't get treatment, report finds

Many Americans are diagnosed with mental health conditions, but most don't get professional help, even if they're insured. Obstacles include difficulties finding providers their plan covers.

Fortune

Evofem, the startup trying to survive the broken birth-control market, finally sells itself

Aditxt is buying the buzzy but controversial maker of Phexxi, in a deal valued at $100 million.

Cycling News

AG Insurance and Ceratizit-WNT snag Women's WorldTour licences for 2024

UCI confirms 15 women's teams for top tier of racing across next two years

The Independent UK

Millennial Money: Would your documents survive a disaster? What to protect and how to do it

Floods, fires, historic storms — severe weather events are on the rise

The Independent UK

Average quoted home insurance price rose by 36.1% annually in October – index

The average of the five cheapest quotes for a buildings and contents policy now stands at £227, according to Consumer Intelligence.

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