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The Latest Breaking News from Insurance

4 reasons why your car insurance premium is soaring

The cost of car insurance has jumped more than 19% in the last year, far outpacing overall inflation. There are several reasons why that's happening.

WEKU

No limit to loot; 47% people forced to give up insurance in 5 years: Kharge slams Centre

Congress targets Modi govt. over inflation as retail inflation eases to 6.83%. 47% of life insurance policy holders returned policies in 5 yrs. Inflation has made essentials like medicines & education expensive; only wealthy friends of PM Modi benefit. Poor suffer most.

The Hindu

Cyclone Tracy caused $200m of damage. A repeat now would cost $7.4bn, Australian insurers say

The estimate exceeds $6bn paid out by insurers for Australia’s costliest disaster, the 2022 NSW and Queensland floods

The Guardian - AU

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With a pharmacare bill on the horizon, Big Pharma’s attack on single-payer drug coverage for Canadians needs a fact check

Health Minister Mark Holland announced in August that the federal government intends to introduce pharmacare legislation in the fall. Now the battle lines are being drawn.

The Conversation

U.S. weekly unemployment insurance claims fall to 216,000

New applications for U.S. unemployment insurance benefits fell 13,000 for the week ending September 2 to a seasonally adjusted 216,000. The previous week’s figure was revised up by 1,000 to 229,000. The four-week moving average as of September 2 fell 8,500 from the previous week’s revised average to 229,250.

Ballotpedia

Govt. doctors call for inspections to improve quality of care

Govt doctors' assoc urges State to form committee to study rationality of UG/PG progs to address specialist shortage. Demands health minister conduct inspections to improve care quality, not seek media coverage. Calls for addressing manpower shortage, displaying public stats, not expanding w/o recruiting, reviewing GO 354 & representation in insurance…

The Hindu

Durham promoted to Division One of the LV= Insurance County Championship

Leicestershire failed to secure any batting bonus points in their game against Sussex and can no longer reach Durham’s points total.

The Independent UK

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KPRS demands that State government declare Kalaburagi district as drought-affected

KPRS protests for Kalaburagi district to be declared drought-hit. They demand relief for farmers, insurance companies to release remaining claim of ₹115 crore, loan waiver, survey to assess crop loss & fair compensation, 200 days of employment guarantee & increased wages to ₹600/day.

The Hindu

Kalaignar Centenary Medical Research Centre to be set up in Tamil Nadu Dr. M.G.R. Medical University

Govt. allocates Rs. 100 cr for research building in TN Dr. MGR Medical Univ. premises. Kalaignar Centenary Medical Research Centre to be a tribute to former CM M. Karunanidhi. CM's Comprehensive Health Insurance Scheme beneficiaries get increased premium & treatment methods. Innuyir Kaapoom-Nammai Kaakum 48 scheme benefits 1.81 lakh persons…

The Hindu

Insurance cover provided for Dasara elephants and their handlers

14 elephants & their handlers in Mysuru's Dasara festivities provided insurance cover of ₹2 crore. 10 male elephants insured for ₹5 lakh each, 4 female elephants for ₹4.5 lakh each. 42 staff members insured for ₹2 lakh each. Elephants march through city streets with mahouts & kavadis under police security.…

The Hindu

What Is Life Insurance?

What is life insurance? Learn the differences between policies and other key details to decide which type of life insurance, if any, is right for you.

Kiplinger

Building Dignity: can a code of conduct stop abuse of US construction workers?

Minnesota advocates hope to end exploitation of construction workers by making developers make ethical standards pledge

The Guardian - US

What to know before you buy a Medigap policy

Learn how this supplemental plan may lower some of your out-of-pocket health costs.

Fortune

Drone-based AI cameras planned to keep tabs on traffic rule violators

Govt. taking steps to reduce road accidents: procuring drone-based AI cameras, increasing insurance premiums for violators, launching road safety awareness drive in colleges, launching PACE project, and setting up IDTR extension centre.

The Hindu

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The Independent UK

Average home insurance quote has jumped by 25.7% annually, say experts

The average premium quoted for a buildings and contents policy was £212 in July, according to Consumer Intelligence.

Fortune

Ever heard of NCUA insurance? Learn how your deposits are credit unions are protected up to $250,000

Just like FDIC insurance, NCUA insurance protects your cash when you bank with a credit union.

StockNews.com

3 Medical Stocks to Add to Your September Watchlist

The medical industry is growing as demand for healthcare products and services rises amid the growing incidence of chronic diseases and an aging population. Therefore, I think medical stocks HealthEquity (HQY), Clover Health Investments (CLOV), and Oscar Health (OSCR) might be worth adding to one’s watchlist. Read on.

The Hindu

YVU Vice Chancellor hails LIC

LIC, a Fortune 500 global company, was praised by Vemana University Vice Chancellor Chinta Sudhakar at the closing ceremony of the '67th Insurance Week' in Kadapa.

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The Guardian - UK

Workers should be in office at least three days a week, says Lloyd’s of London boss

Chairman Bruce Carnegie-Brown also says clients are not properly served if workers avoid Mondays and Fridays

The Independent UK

Pets are our faithful companions, but the costs to care for them can add up

Pets provide joy and companionship, but costs can add up quickly, especially if you’re a first-time owner and don’t know what to expect

Evening Standard

Lloyd’s of London returns to profit with ‘bulletproof’ balance sheet

World famous insurance marketplace secures payment from Russian insurers over seized planes

The Conversation

Life insurers can charge more or decline cover based on your genetic test results. New laws must change this

Genetic tests can provide life-saving information. They can help diagnose disease, enable access to preventive care, prompt early screening and treatment, and guide patients’ therapeutic options.

Fortune

Is there something out there better than a checking account? You bet

This unique mix of checking and savings could amp up your everyday cash.

Ballotpedia

California legislators introduce bill proposing unemployment benefits for striking workers

The California State Assembly advanced a bill in late August that proposed allowing striking workers to claim unemployment insurance benefits after striking for two weeks. The deadline for introducing new legislation had passed, so legislators rewrote Senate Bill 799, which previously related to corrections and criminal rehabilitation, to propose expanding…

The Independent UK

Divorce after 60: What happens to your health benefits?

Research shows that more than 1 in 3 people who divorce in the U.S. are age 50 or older, and 1 in 4 are 65 or older

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