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The Latest Breaking News from Insurance

Loose Women’s Linda Robson fined for car insurance blunder

The Birds of a Feather actress, 65, was pulled over near to Angel Tube station in north London in February after police suspicions were raised

Evening Standard

Did BRS implement women’s quota in tickets allocation, asks Kishan Reddy

Union Minister G. Kishan Reddy questions BRS leadership for not allocating 33% reservation for women in ticket distribution. He accuses KCR regime of snatching farmers' lands & not implementing PM farm insurance scheme. Eatala Rajender calls for grassroots interactions to make farmers realise govt follies. Gudur Narayana Reddy demands compensation…

The Hindu

Do the Proud Boys Deserve To Be in Prison Forever?

Plus: A listener question concerning porn verification laws.

Reason

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3 Buy Rated Insurance Stocks EVEN During Hurricane Season

Hurricanes create a lot of economic damage…they also create a lot of economic opportunity. That is why we need to explore how this year’s hurrican season will impact some of the leading insurance companies. Our results tell us these 3 are still Buy rated: W.R. Berkley (WRB), Old Republic International…

StockNews.com

The importance of dispute resolution mechanisms when disaster strikes

The Christchurch earthquakes were traumatic but it was the delay in resolving insurance claims that made people feel they couldn't get on with their lives. Those affected by the Auckland floods and Cyclone Gabrielle must feel the same with managed retreat, writes Lianne Dalziel

Newsroom.co.nz

Record £2.5bn in motor claims was paid out between April and June, says ABI

Energy inflation, labour rates, more costly repairs, longer repair times and increased second-hand car prices have fed into motor insurers’ costs.

The Independent UK

Lexington officials say health insurance funding plan continues to work

During a time when health care costs continue to rise, Lexington Council members have been advised the City’s health insurance strategy continues to work.

WEKU

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Should You Buy Life Insurance? Four Cases When You Should or Shouldn't

If no one depends on your income for support, you probably don't need life insurance at all.

Kiplinger

You’ve bought a new house. But what if it gets wrecked before you move in?

Buyers are responsible for their new property as soon as contracts are exchanged, as one couple learned the hard way

The Guardian - UK

Chief Secretary Shiv Das Meena asks Collectors to inspect taluk headquarters, sub-district hospitals periodically

Tamil Nadu's Chief Sec. Meena asks Collectors to conduct periodical inspections of taluk hq & sub-district hospitals to ensure best care. He suggests focusing on casualty services, specialist doctors, bed occupancy, maternal/neonatal care, drugs, infrastructure, CM's insurance scheme. Chennai

The Hindu

Documents You Need to Change When You Get Married: A Checklist

This checklist covers all the financial and legal documents you need to change when you get married.

Kiplinger

10 Things You Need to Know About Retiring to Florida

If Florida is part of your retirement plan, we offer up a few tips to help you find your way.

Kiplinger

Direct Line to pay out £30m to customers overcharged on car or home insurance after rule breach

The insurer admitted to an ‘error’ in implementing new fair pricing rules

The Independent UK

Tamil Nadu: Customer sues bank over deceased son’s education loan, gets Rs 55k compensation

CUDDALORE: A bank that demanded repayment Rs 21 lakh education loan from a man, even after his son’s death, has been ordered to pay Rs 55,000 as compensation for ‘deficiency of banking service.’

The Times of India

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The Hindu

Andhra Pradesh govt. releases ₹120 crore towards Rythu Bharosa and input subsidy

AP govt released ₹109.74 cr towards YSR Rythu Bharosa-PM Kisan scheme, benefiting 1.46 lakh tenant farmers. ₹11.01 cr input subsidy released to 11,373 farmers affected by rains. Funds credited to beneficiaries' bank accounts. CM Jagan Mohan Reddy said scheme helps majority of farmers. Scheme provides ₹13,500/yr in 3 instalments. Govt…

The Hindu

LIC’s Insurance Week celebrations launched at Kadapa office

Life Insurance Corporation of India (LIC) staff launched the ‘Insurance Week’ celebrations commemorating the 67th Foundation Day of the corporation, here on Friday. “Our death claims stand at 98.6%, and maturity claims at 92.65%. It is hence the corporation has bagged sixteen prestigious awards and accolades during the last financial…

The Guardian - UK

Direct Line to pay £30m to overcharged car and home insurance customers

Company breached rules that state existing policyholders should not be charged more than new ones

The Independent UK

How students heading to university can save some cash and budget wisely

Setting off for uni soon? These tips can help you keep on top of your finances. By Vicky Shaw.

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Caixin Global

Ex-Boss of Taiping Life Falls Under Graft Investigation

Zhang Ke, who helped quadruple the insurer’s revenue before leaving in 2020, taken away by authorities in Shanghai

The Conversation

How to get federal disaster aid: FEMA is running out of money, but these strategies can help survivors of Hurricane Idalia and the Maui fires get aid faster

As questions loom over the Federal Emergency Management Agency’s ability to fund disaster recovery efforts, people who lost homes to recent wildfires and storms are trying to make their way through the difficult process of securing financial aid.

The Guardian - US

Hurricane Idalia could become 2023’s costliest climate disaster for the US

Analysts estimate the category 3 storm has already racked up a preliminary cost of $9.36bn, straining the insurance industry

The Hindu

Suicide major cause of unnatural deaths among prisoners in India: SC committee tells apex court

SC-appointed committee finds suicide major cause of 817 unnatural deaths in jails across India between 2017-2021. UP recorded highest number of suicides (101). Committee recommends building suicide-resistant cells/barracks, identifying potential hanging/anchoring points, providing psychological first aid, implementing health insurance schemes, and setting up a robust grievance redressal mechanism. SC to…

Chicago Sun-Times

Insurers aren’t obligated to pay Chicago Trump Tower’s pollution fines, judge rules

In 2018, the Illinois attorney general’s office filed a lawsuit against the hotel for violating environmental laws for allegedly polluting the Chicago River.

Reason

Subsidized Flood Insurance Makes Storm Damage Worse

It's high time for Congress to end a program that routinely goes into debt providing subsidies to wealthy people living in high-risk areas.

StockNews.com

3 Top Software Stocks to Power Your Portfolio in September

From groundbreaking advancements to transformative trends, the tech sector navigates macroeconomic headwinds. As the demand for software rises, it could be wise to invest in top-rated software stocks: VMware (VMW), Sapiens International (SPNS), and F5, Inc. (FFIV), which could power your portfolio in September. Read on….

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