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The Latest Breaking News from Insurance

Weekly Must-Read: China’s Challenge to Fill the Multibillion-Dollar Insurance Blackhole

The insurance industry is sliding deeper into trouble, with slow sales, weak investment returns and low interest rates weighing on profits, fueling concerns that some may not be able to pay out maturing policies

Caixin Global

Cash leaves flood survivors making do in the aftermath

Australians left to deal with the "devastating impact" of significant flooding damage are faced with complex insurance policies that offer little to no support.

AAP

'Bad luck, bad planning' bring wannabe insurance fraud couple undone

Crash-staging pair more likely 'motivated by greed' than hardship.

The Canberra Times

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High Insurance Costs On Chinese EVs Are Scaring Away UK Buyers

Scarce parts availability and a lack of repair procedures are driving up the rates to insure Chinese EVs.

InsideEVs

OPINION - The Standard View: Council tax increase is yet another bitter pill for Londoners

That 2p National Insurance tax cut already feels like a lifetime ago. Londoners in almost half of local authorities will from April pay average council tax bills higher than £2,000 per year. It comes as the Mayor increased his portion of bills, the so-called “precept”, by 8.6 per cent.

Evening Standard

Simple way to save hundreds on household insurance

Two of the nation's biggest insurers are offering discounts on premiums if residents can prove they're prepared for bushfires, with hopes others will follow.

AAP

Student Amputates His Legs To Get £1M Insurance Payout; Only Gets £5611 and Has To Pay It Back

Taiwanese student, Zhang, worked alongside Liao to try and fraudulently claim £1 million in insurance payouts over leg amputations caused by frostbite.

International Business Times UK

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Redefining The Insurance Landscape: Chris Kirkpatrick's Journey To Rethinking Wealth Accumulation Strategies

Kirkpatrick's LIFE180 is a testament to his mission to depart from the methods employed by the traditional financial system.

International Business Times

Seven Steps to Start Your Child Off on the Right Financial Foot

It’s never too early to start thinking about your child’s financial future.

Kiplinger

Supreme Court Considers Claim That New York Regulators Violated NRA's First Amendment Rights

State officials “jawboned” financial firms into cutting ties with the gun-rights group.

Reason

State pension: DWP code shows when you will be paid as payments rise by 8.5% in April

The amount someone will receive depends on how many National Insurance contributions they have made or have earned in credit

Evening Standard

How Quitclaim Deeds Can Cause Estate Planning Catastrophes

A lot can go wrong (including inadvertent law-breaking) if you choose to go the easy route rather than using a trust to transfer real estate to your child.

Kiplinger

9 Ways to 'Spring Clean' Your Finances

Don't forget to spring clean your finances this year. Not only will it make managing your money easier, it could save you some money.

Kiplinger

Minnesota House committee advances bill proposing unemployment benefits for striking workers

The Minnesota House Workforce Development Finance and Policy Committee amended and advanced House File 3446 on Mar. 13, which proposes allowing workers to claim unemployment insurance benefits at the beginning of a strike. The bill now heads to the House Ways and Means Committee for further consideration.

Ballotpedia

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Top News

Trump Struggles To Find Insurance For Massive Judgment Bond

Former President Trump faces challenges securing a 4 million bond in NY fraud case.

The Guardian - UK

‘Just when we need them most’: Britain’s car share clubs face closure as last insurer pulls out

The community-owned car pools have been hailed as a greener alternative to full-time ownership, but insurers say driver risk is hard to measure

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The Hindu

Ryots hit by climate vagaries heave a sigh of relief in Kerala ahead of general elections

Evening Standard

Controversial Everton bidder 777 Partners sees owning football club as way to snap up sportstech bargains

The controversial investment firm sees owning football clubs as a way to identify underpriced buyout targets in the sports tech sector, the Standard can reveal

WEKU

Her insurer stopped approving her medicine that worked. Will a new state law help?

When a law passed this January takes effect next year, health insurance companies will have three days — or sometimes 24 hours — to decide on prior authorization.

Al Jazeera

Japan’s bid to cancel residency of foreigners who dodge taxes stirs unease

Tokyo’s plans to give authorities more power to revoke permanent residency prompts cries of xenophobia.

AAP

Man accused of lighting factory fire for insurance cash

A man has been charged after a suspected arson attack at a factory in Sydney which police allege he started for financial gain.

AAP

Flood survivors stress about insurance and future risks

Relief funding shortfalls and rising insurance costs are fuelling concerns from households impacted by natural disasters including floods.

Kiplinger

What to Do When You Have More Retirement Income Than You Need

These three options can help you allocate extra income in ways that don’t push you into a higher tax bracket or trigger extra taxes.

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