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The Latest Breaking News from Insurance

2 Financial Services Stocks to Buy Instead of PayPal

The financial services market is growing amid increasing financial transactions, insurance demand, and investment capacity. However, leading company PYPL reported disappointing third-quarter results, and its share price has declined significantly over the past months. So, fundamentally strong stocks Visa (V) and MainStreet Bancshares (MNSB) might be better investments than PYPL…

StockNews.com

Jonnie Irwin says he was axed as A Place in the Sun presenter due to terminal cancer

Insurance issue related to diagnosis blamed for his removal from the Channel 4 show he fronted for 18 years

The Guardian - UK

Senegal to receive aid payouts from drought insurance - spokesperson

Senegal is due to receive around 330,000 pounds ($400,500) in insurance payments from aid organisations to protect against the risk of drought, a spokesperson for the aid groups said on Thursday.

Reuters

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Tow truck driver leads a nomadic and hectic life in the aftermath of Hurricane Ian

One tow truck driver worked nearly endlessly after Hurricane Ian slashed across most of Florida, stranding vehicles throughout the state.

WEKU

Jonnie Irwin claims A Place in the Sun 'pushed him aside for someone healthier' after his cancer diagnosis

He said it broke his heart as he wanted to carry on working but the production company said it was unable to secure 'adequate insurance'

Wales Online

A simple query put my Swinton car insurance quote up to £980

It was £420 last year, and I’d only asked if the policy covered mechanical damage

The Guardian - UK

China Designates First Seven Investments for Personal Pension System

Consumers can buy into offerings from China Life, People’s Insurance, Taiping Life, Taiping Pension, Taikang Life and National Pension

Caixin Global

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Revealed: The worst areas for uninsured drivers in the UK

Drivers who are caught risk a £300 fixed penalty notice, six licence points, an unlimited fine or even a driving ban

The Independent UK

US, Allies to Set Russia Oil Price Cap in 'Next Few Days'

Washington and its allies are planning to finalize a price cap for Russian oil in "the next few days," as they seek to cut off a critical source of funding for Moscow, the US Treasury Department said Tuesday. The price cap would be the basis for a ban set to…

Asharq Al-Awsat

Sunshine Insurance Wins HKEX Approval for $1 Billion IPO

Share sale would be the first by an insurance company in the past five years as the industry faces challenges from the pandemic and restructuring

Caixin Global

Boost in people seeking HealthCare.gov coverage, HHS says

The Biden administration says it’s seeing a big uptick in the number of new customers buying private health insurance for 2023 from the Affordable Care Act’s marketplace

The Independent UK

‘Where have you been?’: PM receives mixed reception as Eugowra counts cost of inland ‘tsunami’

As Anthony Albanese and Dominic Perrottet walk through the disaster zone, residents remind them of the prohibitive costs of flood insurance

The Guardian - AU

Insurers 'abandon' flood-hit NSW towns

The mayor of the flood-affected NSW town of Forbes says insurance companies have imposed a moratorium on providing flood insurance to properties in the area.

AAP

State pension triple lock 'utterly unaffordable' and will 'bankrupt UK', Tory MP declares

Sir Edward Leigh also suggested a social insurance model instead of the NHS, slammed people who are 'choosing not to work' and demanded small boat migrants are 'detained, arrested, dealt with quickly and deported'

Daily Mirror

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The Conversation

Saving Main Street: Local businesses need community support to stay afloat

Main Street businesses that survived COVID-19 restrictions are now navigating a pandemic recovery where predicted changes in the retail industry have been accelerated by five to 10 years.

Reuters

Analysis-First U.S. coral insurance marks the rise of the reef brigades

Conservation group The Nature Conservancy's vision for the future of coral protection involves speed boats, and a global army of snorkellers and divers deployed when tropical storms and hurricanes damage reefs.

Daily Mirror

Black Friday warning for Brits booking holidays - 4 key checks you need to make

The UK Civil Aviation Authority has warned Brits looking for a Black Friday holiday bargain to make four key checks before stumping up for a deal that may be too good to be true

Caixin Global

Canada’s Manulife Approved to Take Full Control of Its China Mutual Fund Venture

The insurance giant will follow in the footsteps of BlackRock, Fidelity, and Neuberger Berman in running a wholly foreign-owned mutual fund business

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Birmingham Post

Car insurance finetch start up Driverly boosted with six-figure pre-seed investment round

Funders of the round into the Cardiff-based firm include the Development Bank of Wales

Tribune News Service

Family travel 5: Travel insurance — is it worth it?

Recent world events have travelers pondering the potential benefits of travel insurance.

The New Daily

Fixed-rate mortgage coming to an end? You might be in for a shock

Homeowners who have been enjoying an ultra-low fixed-rate mortgage may be in for a shock when it comes time to refinance, with experts predicting some recent buyers will find themselves trapped in a "mortgage prison".

Belfast Live

Police seize over 1,400 uninsured vehicles on NI roads this year ahead of new campaign

Car owners face an automatic £200 fine and six penalty points on their licence

AAP

Higher costs coming for NSW businesses

NSW workers' compensation premiums will need to dramatically increase to shore up the health of the insurance scheme, Treasury has warned the government.

Salon

Stopping the Medicaid churn

Multiple states are rethinking their enrollment policies for the youngest Medicaid members

Newsroom.co.nz

Small retailers ditch insurance over rising costs

Premiums and excesses have skyrocketed while coverage has dropped, forcing some retailers to forgo insurance. Others refuse to report attacks in order to avoid their own insurance cost

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