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The Latest Breaking News from Insurance

Australia must urgently adapt to extreme weather or face soaring premiums, insurers warn

Exclusive: Assistant treasurer says insurers warned government ‘you’ve got five years’ to reduce vulnerability to climate crisis

The Guardian - AU

Millennial Money: The questions you aren’t asking (but should) during open enrollment

Open enrollment is no one’s idea of a good time, but health coverage is a crucial part of your financial health

The Independent UK

IPL team, OBC quota and ₹25 lakh health insurance: Congress promises slew of schemes in Madhya Pradesh manifesto

Kamal Nath also announced waiver of farm loans up to ₹2 lakh and an assistance of ₹1,500 per month to women in the manifesto for Madhya Pradesh Assembly polls.

The Hindu

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Medicare Advantage keeps growing. Tiny, rural hospitals say that's a huge problem

More than half of seniors choose private Medicare Advantage plans instead of traditional Medicare. As rural enrollment increases, many small-town hospitals say that threatens their viability.

WEKU

Insurer issues warning about social media ‘cash stuffing’ trend

Admiral has seen a rise in claims involving cash, including significant amounts of money kept in envelopes being stolen during break-ins.

The Independent UK

UK insuretech Marshmallow sees near-tripling of sales

Car insurance tech firm Marshmallow is racing ahead on its mission to take on the mainstream insurers after posting a near-tripling of sales.

Evening Standard

Medicare shoppers often face a barrage of unsolicited calls and aggressive ads

Medicare's annual open enrollment period began Oct. 15, allowing seniors to choose new plans. New rules this year are supposed to crack down on misleading marketing but buyers should still beware.

WEKU

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Cancelers Beware: Trying to Get Person Fired by Threatening Employer with Cutting Off Your Business Relationship May Be Tortious

Not all attempts to get someone fired are tortious—but, in some states, these particular attempts may well be.

Reason

Funds from Centre required to implement NITI Aayog’s Andhra Pradesh Vision 2047 Strategy

Chief Sec. Reddy urged Central Gov. to provide funds for effective implementation of Andhra Pradesh Vision 2047 Strategy. He proposed a similar insurance scheme for people living above poverty line. NITI Aayog presented details of strategy to develop State across sectors. Workshops to be conducted in 3rd week of October.

The Hindu

Why is it so hard to get my ADHD medication in the US?

I moved to New York this year and am embroiled in a Kafkaesque ordeal trying to get my meds filled

The Guardian - US

Speeding police vehicle crashes into petrol pump in Kannur; one vehicle and fuel dispenser damaged

At Caltex Junction in Kannur, Kerala, a police vehicle speeding out of control crashed into a petrol pump on Oct 16. The car refueling at the station was hit, but its occupants were unharmed. The two people in the police vehicle fled. Questions arose about the vehicle's fitness as some…

The Hindu

BRS promises monthly honorarium of ₹3,000 for women, superfine rice supply through PDS in manifesto

Bharat Rashtra Samithi (BRS) president released the party’s for the Telangana Assembly Elections-2023. He assured of life insurance cover to 93 lakh BPL families, superfine rice supply, increased Aasara pension, increased Rythu Bandhu benefit, domestic gas cylinders at Rs 400, enhanced Aarogyasri Health Scheme, double-bedroom housing, Gruhalaxmi scheme, house sites…

The Hindu

Jets Declined Insurance on Aaron Rodgers Before Achilles Injury, per Report

New York declined to purchase insurance coverage after acquiring the 39-year-old star quarterback.

Sports Illustrated

Forum for Good Governance releases people’s manifesto in Telangana

FGG released a 'People's Manifesto' demanding more focus on healthcare and education, capping of welfare expenditure at 30%, capping of Rythu Bandhu funds at 10 acres, extending financial assistance to tenant farmers, crop insurance cover for all farmers and a White Paper on power sector.

The Hindu

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The Hindu

Centre seeks inclusion of traditional medicine on WHO’s list

Government seeks to include Ayurveda in WHO's ICD-11 for global recognition. Module-2 for Ayurveda to be added by Jan 2022. It will enable integration of traditional medicine into insurance coverage and reimbursement systems, link practices to global norms and standards. Ministry of Ayush actively supporting.

The Hindu

ESIC added 19.42 lakh new members in August 2023

“The Employees’ State Insurance Corporation (ESIC) added 19.42 lakh new subscribers in August,” according to provisional payroll data.

The Hindu

State government announces welfare measures to benefit over 34,000 archakas

The Karnataka government on Friday announced welfare measures to benefit over 34,000 archakas working in ‘C’ category temples across the State, including insurance and education grants to the family members.

Chicago Sun-Times

Black and Brown breast cancer survivors spread message of advocacy: ‘Keep that appointment’

The Lurie Cancer Center Hispanic Breast Cancer Clinic and support groups, including Sisters Working It Out, offer patients of color health care access, community and hope.

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Kiplinger

What You Pay for Medicare in 2024

Medicare premiums are updated yearly and in 2024 premiums for Part B and Part B increased slightly after falling in 2023.

The Guardian - UK

Insurance issues delay UK attempts to bring citizens home from Israel

British-organised repatriation flights cancelled but other countries’ flights are able to land in UK

The Independent UK

UK fails to arrange Israel repatriation flights after insurance delay

Emergency flights to the UK have been arranged by the US and Australian authorities.

Evening Standard

Cost of insuring a car in London rockets by up to 60% in a year

Latest data shows average premium in inner London is now at all-time high of over £1,500

The Conversation

Western sanctions haven't curbed Russian oil profits, but the green energy transition could

Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its invasion of Ukraine last year. The idea was to curtail the amount Russia makes from its oil while ensuring it continues to flow into the global…

Chicago Sun-Times

Crooked Bridgeport bank used these people’s CDs to fuel embezzlement scheme — ‘We were all victims’

Washington Federal Bank for Savings customers had no idea the high interest rates that attracted them were feeding the fraud. The bank’s “smooth operators” lured them in, the daughter of one victim says.

The Independent UK

6 money horrors to avoid this spooky season

Cut out the tricks from your finances and make the most of the treats, with these quick money tips.

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