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The Latest Breaking News from Insurance

Insurance industry bosses push back at perceptions of ‘profiteering’

Representatives appeared before MPs sitting on the Treasury Committee.

The Independent UK

What happens to your pension when you’re on maternity leave?

Don't forget to check what happens to your pension before you go on maternity leave - it could make a massive difference to your future

GoodToKnow

Why insurance companies are pulling out of California and Florida, and how to fix some of the underlying problems

When the nation’s No. 1 and No. 4 property and casualty insurance companies – State Farm and Allstate – confirmed that they would stop issuing new home insurance policies in California, it may have been a shock but shouldn’t have been a surprise. It’s a trend Florida and other hurricane-…

The Conversation

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Most expensive dogs to insure ranked by A-Plan Insurance

An insurance company has looked at the data

Wales Online

Revealed: ‘Stealth tax raid’ to hit almost 5m healthcare workers with higher bills

Exclusive: The government’s decision to freeze income tax and national insurance thresholds will cost health workers an additional £1.5billion per year, analysis shows

The Independent UK

Martin Lewis urges half a million people to check if they qualify for Carer's Allowance payments worth £4,000

The consumer champion warned eligible carers are missing out on the DWP benefit worth £76.75 each week.

Daily Record

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

A Glasgow woman and her husband are "trapped" in the Dubai until they pay off an enormous £11,000 medical bill with the UK embassy refusing to help.

Glasgow Live

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Top 10 betting favorites for the 2023 U.S. Open at Los Angeles Country Club with current form, past finishes

Scheffler is the favorite at +750.

USA Today Sports Media Group

State pension warning as people could be missing £200 a week

People who are eligible to claim the state pension might be missing hundreds of pounds

Liverpool Echo

Holidaymakers with medical conditions ‘face barriers to finding the right cover’

More than a third with pre-existing medical conditions had encountered problems buying travel insurance in the past three years, Which? said.

The Independent UK

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

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

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Bristol Post

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

Daily Mirror

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

Axios

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.

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Daily Mirror

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

Wales Online

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.

Daily Record

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.

The Hindu

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.

Manchester Evening News

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

The Independent UK

California insurance market rattled by withdrawal of major companies

Two insurance industry giants have stepped back from the California marketplace

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.

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