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The Latest Breaking News from Insurance

Russia appears to have found a way to circumvent $60/barrel price cap sanction on crude oil exports

Shipping and insurance records examined by the Financial Times suggest almost three-quarters of Russia's seaborne crude can be sold at full price just when a barrel is nearing $100.

Fortune

Apollo’s Marc Rowan actually paid attention in actuarial studies—and what he learned is helping turn his firm into a $1 trillion business

“I knew more than anyone else about insurance risks,” Rowan recalls of his first foray into the industry. His understanding of the market led him to marry the firm he founded to a profitable insurer.

Fortune

FTSE 100 Live: Index closes down 0.8%, £1bn knocked off Entain value, Aviva in £460m AIG UK Life swoop

Fears over a longer spell of monetary policy in restrictive territory today kept shares under pressure and left the pound below $1.22.

Evening Standard

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How to get the best life insurance cover

It’s not for everyone, so check if you need it, then find the right policy

The Guardian - UK

Woman filters apartments by price but only parking spaces are in her budget

‘My budget isn’t even that low????’

The Independent UK

Thongchai Jaidee outlasts Justin Leonard in a playoff to win Pure Insurance Championship

Thongchai Jaidee needed four playoff holes to do it, but he finally outlasted Justin Leonard at Pebble Beach.

USA Today Sports Media Group

First Tee golfers Alyssa Stewart, Brayden Casolari win junior divisions at Pure Insurance Championship

The Pure Insurance Championship pairs PGA Tour Champions pros with golfers from the First Tee.

USA Today Sports Media Group

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Shakti scheme a success, says Minister

BelagaviShakti scheme providing free bus travel for women has led to a 30% increase in passengers. Govt. is making regular payments and spending ₹1,500 crore on modernisation. 325 new buses, electric buses, and improved amenities are being provided. Awards and accident insurance scheme also being introduced.

The Hindu

Kerala wins Arogya Manthan award for providing free medical care to maximum number of people

Kerala wins Arogya Manthan 2023 award for providing free medical care to max. people. State's health insurance scheme, Karunya Arogya Suraksha Padhati, won for highest utilisation. Award also for best service provision for blind beneficiaries. Govt. provided free care worth ₹3,200 cr. through KASP & allied schemes. Public hospitals struggling…

The Hindu

Why Does Jay Soloff Love This Income Stock?

This company is in the sweet spot when it comes to higher mortgage rates. Its required insurance product is in increasing demand as home prices outstrip the ability of most buyers to pay 20% down. Enact (ACT) should be on your radar as a housing market play that can win…

StockNews.com

Things to know about California's new proposed rules for insurance companies

California's insurance commissioner says he will write new rules for insurers in the nation's most populous state

The Independent UK

Texas lawmakers will have new money going into special session on education, comptroller says

Texas Comptroller Glenn Hegar says the state has collected more from insurance premiums that he had previously predicted. He suggested lawmakers invest more in teacher pay raises.

The Texas Tribune

Protest staged in Kalaburagi seeking extension of working days under MGNREGA

Protest staged in Kalaburagi by daily wage workers, farmers and women self-help groups, led by CPI(M), to extend MGNREGA to 200 days/year and scrap attendance monitoring system. Also demand loan waivers and immediate settlement of crop insurance claims.

The Hindu

Woman filters apartments by price but only parking spaces are in her budget

‘My budget isn’t even that low????’

The Independent UK

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StockNews.com

Berkshire Hathaway (BRK.B), Old Republic International (ORI), and Lemonade (LMND) -- Buy, Hold or Sell?

The insurance sector illustrates significant potential, particularly within the property and casualty segment. Given this backdrop, let us ascertain which insurance stocks among Lemonade (LMND), Berkshire Hathaway (BRK.B), and Old Republic International (ORI) are worth buying, selling, or holding. Read on….

The Independent UK

Wildfire-prone California to consider new rules for property insurance pricing

A new plan from California's insurance commissioner aims to keep the nation' stop insurers from leaving the wildfire-prone state

The Independent UK

Booking a COVID-19 vaccine? Some are reporting canceled appointments or insurance issues

Pfizer and Moderna say they have sent out millions of doses of the new COVID-19 vaccines in the past week

The Independent UK

Appeals court takes up transgender health coverage case likely headed to Supreme Court

A federal appeals court is considering cases out of North Carolina and West Virginia that could have significant implications on whether individual states are required to cover health care for transgender people with government-sponsored insurance

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Newsroom.co.nz

Govt suggests barring development in climate-exposed areas

A new National Policy Statement on natural hazards would prevent councils from consenting development in areas exposed to high levels of climate risk and prioritise nature-based adaptation, reports Marc Daalder

The Hindu

6 lakh farmers will get crop insurance claims in their bank accounts, announces Chief Minister M.K. Stalin

Six lakh TN farmers to get ₹560cr insurance claims for crop losses in 2022-23. CM Stalin announced scheme to cover 24.45 lakh acres, 11.20 lakh farmers with ₹2,319cr paid to insurance companies. Premium subsidy from TN & Union govt, plus farmers' share of ₹120cr.

Ballotpedia

California legislators pass bill to allow unemployment benefits for striking workers

The California State Legislature passed a bill Sept. 14 that would allow workers to claim unemployment insurance benefits after striking for two weeks. The bill now heads to Gov. Gavin Newsom’s (D) desk for his approval or veto. If Newsom signs the bill, it would take effect starting in January…

WEKU

She has Medicare and Medicaid. So why should it take 18 months to get a wheelchair?

About 12 million Americans are known as "dual eligibles" because they need both Medicare and Medicaid. A bipartisan bill offers hope to cut through the tangle of red tape that often ensnares them.

The Independent UK

Five companies fined £590,000 for making almost 2 million marketing calls targeting vulnerable people

The fines are part of a wider crackdown to tackle rogue companies using pressure tactics to sell insurance for white goods

The Canberra Times

Canberrans most worried about fires and least prepared, insurer says

'We're encouraging people to prepare now.'

The Independent UK

Record spike in insurance firms ripping off drivers over value of their car

Exclusive: Drivers of BMW, Mercedes and Land Rover cars are worst affected with underpayments of £1,000, according to research

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