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The Latest Breaking News from Insurance

S Korea top court upholds right to state health benefits for gay couples

Activists welcome ruling but systemic discrimination persists in country where gay marriage is not legally recognised.

Al Jazeera

'We Need To Protect Our Business': State Farm Refuses To Insure Specific Kia And Hyundai Car Models Due To 'High Theft Rates'

Kia and Hyundai car owners face skyrocketing theft rates due to missing security tech, leaving them struggling to find insurance.

International Business Times UK

South Korea Court Recognises Rights Of Same-sex Couples

South Korea's Supreme Court recognised new rights for same-sex couples Thursday, saying the state must provide health insurance for a gay man's partner in a landmark ruling that left activists weeping for joy.

International Business Times

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‘A bottomless pit’: How out-of-pocket TMJ costs drive patients into debt

TMJ treatments are often not covered by medical or dental insurance, leaving patients with a few hundred dollars to tens of thousands of dollars in debt.

Fortune

RCR enters Ty Dillon in Brickyard 400 to debut Cup new sponsor

RCR on Tuesday announced a multi-year, multi-car partnership with Titan Risk Solutions, which provides insurance and insurance-related services for trucking companies.

Motorsport

Earnings Preview: What to Expect From Arch Capital's Report

As Arch Capital is anticipated to unveil its second-quarter earnings this month, analysts project a low-teen bottom-line surge.

Barchart

Novo Nordisk hits out as Dutch agency advises against insurance cover for Wegovy

Novo had last year applied to Dutch authorities for a coverage of the drug under its insurance

The Independent UK

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Is UnitedHealth Group Stock a Buy After Earnings?

UnitedHealth Group stock is higher Tuesday after the insurance giant beat expectations for its second quarter. Here's what you need to know.

Kiplinger

3 Insurance Stocks With Resilient Underwriting and Profitability

As uncertainties rise, the insurance industry offers a shield of reliability. With economic recovery on the horizon and increasing demand for financial security, insurance stocks are poised for growth. Therefore, it could be wise to add fundamentally strong insurance stocks, such as Progressive Corp. (PGR), HCI Group (HCI), and Universal…

StockNews.com

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

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

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

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

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The Guardian - UK

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

AAP

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.

Kiplinger

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.

Barchart

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.

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news in one place.

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The Independent UK

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

USAFacts

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.

The Independent UK

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

International Business Times 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.

Kiplinger

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.

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.

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