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The Latest Breaking News from Insurance

Travel insurance small print leaves sick woman stuck in Dubai

They were on their way home after working in India when Kat was taken ill

Wales Online

A major insurance company let employees work remotely—Then the new CEO changed his mind: 'A power move that is frankly disgusting'

Move spurs calls to unionize.

Fortune

Scots woman 'trapped' in Dubai over £11,000 medical bill after suffering seizure

Kat White and her husband Mick can't leave the UAE until they pay off an enormous £11,000 medical bill due to travel insurance small print.

Daily Record

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Meanwhile, a Bitcoin life insurer backed by Sam Altman and Google’s VC fund, raises $19 million at $100 million valuation

It’s “a life insurance company for the crypto economy,” Zac Townsend, cofounder and CEO, told Fortune.

Fortune

DWP: New State Pension payment warning for people set to reach official retirement age

The money needs to be claimed by people when they reach 66-years-old

Bristol Post

Brits warned to check health insurance before going on holidays due to Brexit rules

Brits travelling to an EU country or Switzerland post-Brexit should have either a UK Global Health Insurance Card (GHIC) a European Health Insurance Card (EHIC)

Daily Mirror

Brits with travel insurance trapped in Dubai over small print after illness

Mick and Kat White, 54, from Doncaster and Glasgow, were spending a few days in Dubai when Kat experienced "full body spasms" which left her face contorted and her wrists curl up

Daily Mirror

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Uninsurable America: Climate change hits the insurance industry

The threat of climate change-related disasters is a large factor driving up consumer costs and putting insurers out of business.

Axios

Warning over state pension deadline next month -make sure you get full pay in retirement

Most people need 35 qualifying years on their National Insurance record to claim the full new state pension - and time is running out to fill any gaps you may have

Daily Mirror

Teacher banned from profession after inventing burglary in £50k insurance scam

Dipti Patel pretended her home had been burgled in an attempt to cash in. She was convicted in 2020 but has now been banned from teaching after failing to fully disclose her crimes during safeguarding measures.

Wales Online

New State Pension payment warning for people due to reach official DWP retirement age this year

Men and women turning 66 this year will be eligible to claim the New State Pension.

Daily Record

Should you opt for travel insurance? Here is all you need to know

Experts suggest that travelers may look at the option of taking travel insurance covers considering the potential financial consequences in case of an accident.

The Hindu

Lying Manchester Academy teacher banned from teaching after £50,000 insurance scam over invented burglary

Dipti Patel made the ‘entirely fraudulent’ insurance claim after reporting a ‘contrived burglary’ at her family home

Manchester Evening News

California insurance market rattled by withdrawal of major companies

Two insurance industry giants have stepped back from the California marketplace

The Independent UK

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Kiplinger

Inflation Causes Drivers to Switch Car Insurance Carriers

In a recent survey, 57% of drivers claimed their car insurance rate went up in the last 12 months, causing them to switch insurance carriers.

ABC News

How did the construction industry enter an insolvency crisis, and how can it get out?

The construction industry insolvency crisis is sweeping the nation, and it's devastating for both consumers and builders. So what can be done about it?

Daily Record

New State Pension deadline next month for people to make sure they qualify for full pay in retirement

The chance to plug National Insurance contributions gaps ends on July 31.

The Independent UK

LOCALIZE IT: 10 States sue to halt jump in premiums under flood insurance revamp

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The Independent UK

Aviva paves way for pension providers to join Dormant Assets Scheme

The scheme was first established for banks and building societies in 2011.

The Guardian - UK

Travel insurance: how UK holidaymakers can get the best deal

It is vital to weigh up reducing the upfront cost of a policy against what is covered and any excess

Bangkok Post

Prudential posts record results as premiums gain

Prudential Life Assurance (Thailand) posted record-high financial results in the first quarter of 2023, with the highest weighted first-year premiums in its history as the firm joined the country's top six insurance providers.

Irish Mirror

Viral 'Break-in' TikTok trend sparks conversation on how to protect your home

The viral TikTok trend which has sparked outrage, shows groups of people walking into other people's homes uninvited

The Hindu

LIC eases claim process norms for Odisha train accident victims

National insurer Life Insurance Corporation (LIC) on Saturday announced many relaxations for the claim settlement process for the victims of the Balasore train tragedy.

Sports Illustrated

Nationals Ace Shut Down During Rehab With ‘Severe Nerve Damage’

The latest news around the Nationals star is not promising.

Liverpool Echo

Airport 'chaos' warning to anyone going abroad this summer

People travelling overseas are being urged to protect themselves

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