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The Latest Breaking News from Insurance

ABI urges cut to tax adding nearly £100 to motor and home insurance cost

For motor and home insurance alone, insurance premium tax typically equates to an added cost approaching £98 per year, the ABI said.

The Independent UK

Chris Minns vows to scrap NSW emergency services levy to reduce insurance premiums

State wants to encourage more homeowners to have insurance amid fires and floods with emergency services to instead be funded by new ‘contribution’

The Guardian - AU

Celtics champ Glen Davis convicted in NBA insurance fraud case

It looks like former Boston Celtics big man Glen Davis' week just took a turn for the worse in a big way.

USA Today Sports Media Group

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Lower insurance premiums possible under NSW tax change

Homeowners and businesses facing the highest insurance premiums in the nation could soon enjoy savings under a planned reform for NSW.

AAP

Are These 3 Insurance Stocks Worth Watching?

Insurers typically benefit from high interest rates. Along with the high-interest rate environment, increasing awareness about insurance and the digitalization of operations are expected to boost the property and casualty insurance industry’s prospects. Therefore, it could be wise to add fundamentally strong insurance stocks The Progressive Corporation (PGR), Fairfax Financial…

StockNews.com

Insurance coverage for farmers who face crop damage and loss of life due to wild animal attacks under consideration: Minister

The Hindu

3 Buy-Worthy Medical Stocks to Watch

The healthcare industry is well-positioned to thrive against most market adversities due to the perennial necessity and surging demand for healthcare services. Given this backdrop, let’s look at buy-worthy health insurance stocks UnitedHealth Group Incorporated (UNH), Humana Inc. (HUM), and Centene Corporation (CNC), which could be solid additions to your…

StockNews.com

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8 Surprising Things Your Home Insurance Won't Cover

Home insurance protects you from a lot, but not from damage caused by floods, earthquakes, pests, water leaks and a number of other risks.

Kiplinger

New ward for in-patients opened at Christian Medical College in Ranipet

Minister Gandhi inaugurated a medical/surgical ward at CMC Hospital in Ranipet, Tamil Nadu, for accident victims and beneficiaries of two health insurance schemes. The ward has 45 beds and round-the-clock service. People from TN and other states can avail services by meeting eligibility criteria. A similar ward opened in CMC…

The Hindu

Husband and wife found guilty of staging crash to commit fraud

The woman told 'deliberate lies' to cover up the crimes, a jury heard.

The Canberra Times

Insurance claims reveal Qld's storm damage hotspots

A study of almost 10,000 weather-related home insurance claims across Queensland has revealed the areas worst hit by rain, hail and floods.

AAP

Walmart Expands Health Insurance Reach in Florida

Walmart has inked deals with a health insurer and a hospital operator in a move aimed at improving affordable healthcare access for Floridians.

Kiplinger

3 Medical Stocks Set for Potential Weekly Gains

The medical-health insurance industry is well poised for growth, driven by escalating healthcare costs and the rising need for quality healthcare. To that end, it could be wise to buy fundamentally strong Elevance Health (ELV), Molina Healthcare (MOH), and Cigna Group (CI) for gains. Read more.

StockNews.com

Tesla’s China Sales Struggle Despite Model 3 Refresh

Insurance registrations show no respite as sales stutter in key market

Zenger

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Kiplinger

Five Ways to Give Your Retirement Purpose

Doing something you love, volunteering, working part time or devoting time to some other appealing activity in retirement can have positive health benefits.

WEKU

Taller cars and trucks are more dangerous for pedestrians, according to crash data

Vehicles with higher front ends are more likely to cause fatalities in crashes with pedestrians than smaller cars and trucks, according to new research from the Insurance Institute for Highway Safety.

The Independent UK

Inflation likely eased last month thanks to cheaper gas but underlying price pressures may stay high

Inflation in the United States likely remained high last month, a trend that if sustained could raise concerns at the Federal Reserve, which is considering whether to raise interest rates again

Kiplinger

More Insurance Companies Are Leaving California

Home and auto insurance coverage is getting harder to come by in California and other disaster-prone regions.

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StockNews.com

3 Insurance Stocks to Level Up Your Weekly Investments

Insurance has become a vital need today, and the industry is benefitting from the rate hikes. With the insurance industry demonstrating long-term growth potential, fundamentally sound insurance stocks Reinsurance Group of America (RGA), CNA Financial (CNA), and International General Insurance (IGIC) might be solid buys to level up one’s weekly…

StockNews.com

3 Insurance Stock Buys for a Profitable November

Despite signs of the Fed achieving a soft landing, additional rate hikes could be in the offing. Insurance companies usually benefit from rising interest rates. Amid this backdrop, it could be prudent to buy fundamentally strong insurance stocks Loews (L), MS&AD Insurance Group (MSADY), and The Hartford Financial Services Group…

Fortune

Job applications at Allstate grew 26% after adopting flexible work policy

Insurance giant Allstate is letting individual teams set their own hybrid policies and using physical spaces as collaborative hubs.

StockNews.com

Analyzing 3 Insurance Stocks With Buy Potential

The Property and Casualty (P&C) insurance industry’s prospects appear promising, thanks to robust demand and rapid digitalization. Moreover, insurance companies benefit from higher interest rates. Thus, quality insurance stocks W.R. Berkley (WRB), CNA Financial (CNA), and Donegal Group (DGICA) could be ideal buys now. Continue reading….

The Guardian - UK

We were sent a £17,000 bill after a no-fault car accident

Co-op Insurance and its claims management firm, Vision, let us down – and our car is still not fixed

The Guardian - UK

UK pension funds step in to build affordable homes

Pension Insurance Corporation is building 125 affordable homes in London as part of £500m plan for 1,000 affordable homes over next five years

The Guardian - UK

Private UK health data donated for medical research shared with insurance companies

Observer investigation reveals UK Biobank opened its biomedical database to insurance firms despite pledge it would not do so

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