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The Latest Breaking News from Insurance

BBC begins work to repair defaced statue by controversial sculptor Eric Gill

The cost of the work will be covered through insurance and not the licence fee, the broadcaster confirmed on Tuesday.

The Independent UK

High-end Sydney jeweller accused of allegedly orchestrating $2.8m heist in his store

Police allege Michel Elias Germani, 65, planned an armed robbery in a bid to defraud an insurance company

The Guardian - AU

Michel Germani accused of orchestrating robbery on his own Sydney jewellery store

The owner of a high-end jeweller in Sydney's CBD is charged with defrauding an insurance company after he allegedly orchestrated his own store's robbery at knifepoint.

ABC News

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Aviva has seen various claims related to music events and parties over the years, including some where customers mentioned Eurovision.

The Independent UK

The COVID public health emergency ends this week. Here's what's changing

Three years ago, the emergency declaration enabled certain tools for fighting the pandemic and protecting Americans. Now that it's expiring, here's what is changing — and what's not.

WEKU

Audio reveals Alex Murdaugh blaming dogs for housekeeper’s death – after he walked back claim five years later

‘It’s very convenient that the three people who could contradict Alex are all dead – Paul, Maggie and Gloria,’ says the attorney representing Gloria Satterfield’s sons

The Independent UK

Privacy, healthcare concerns at play in axed income insurance plan

Prime Minister Chris Hipkins put a polarising income insurance scheme on hold just weeks before the law was to be introduced to Parliament.

Newsroom.co.nz

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How safe are online banks from collapse?

Bank failures have put many consumers on edge about the safety of their deposits. But are certain financial institutions more likely to fail than others?

Fortune

U.S. weekly unemployment insurance claims rise to 242,000

New applications for U.S. unemployment insurance benefits rose 13,000 for the week ending April 29 to a seasonally adjusted 242,000. The previous week’s figure was revised down from 230,000 to 229,000. The four-week moving average as of April 29 rose to 239,250 from a revised 235,750 as of the week…

Ballotpedia

Forest department to assess fitness of ecotourism boats

Forest Minister A.K. Saseendran on Monday issued directions to ascertain the fitness of boats and review their age, details of repair works undertaken recently, availability of lifesaving accessories, and insurance details.

The Hindu

3 Financial Stocks That Investors Wouldn't Touch With a 100-Foot Barge Pole

Higher interest rates are beneficial for the financial industry. However, not all financial companies can capitalize on the current interest rate environment. Given the lingering macroeconomic concerns, it could be wise to avoid fundamentally weak financial stocks BRP Group (BRP), Forge Global Holdings (FRGE), and Argo Blockchain (ARBK). Read more….

StockNews.com

Medicaid work requirements would leave more low-income people without health insurance – but this policy is unlikely to pass this time around

The legislative package the U.S. House of Representatives passed on April 26, 2023, by a narrow margin would pare federal spending over the next decade while also raising the debt ceiling. One important measure in the Republican-backed bill would restrict access to Medicaid for millions of Americans.

The Conversation

Gang involved in impersonating NRI to illegally divert insurance policy money held in Telangana

HYDERABAD: Cyber crime sleuths of Rachakonda police on Monday arrested 6 persons, including a relationship manager of a private insurance company, for allegedly diverting a Non Resident Indian (NRI)'s insurance policy money into a fake bank account.

The Times of India

‘They’re sacrificing us’: a California town feels ignored months after flood

The small, agricultural town of Planada was inundated amid a wave of intense storms this winter. Residents, many of whom are undocumented, say they have been neglected

The Guardian - US

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WEKU

Cyberattacks on health care are increasing. Inside one hospital's fight to recover

U.S. hospitals have seen a record number of cyberattacks over the past few years. Getting hacked can cost a hospital millions of dollars and expose patient data, and even jeopardize patient care.

Daily Record

Simple ways to boost State Pension payments as expert warns not everyone due full amount this year

Whether you have reached retirement age or not there are things everyone can check to maximise their payments from DWP.

Bangkok Post

Money matters at Muang Thong Thani

'Green Finance For Green Living' is the concept of Money Expo 2023 Bangkok which will take place at Challenger 2-3 of Impact Muang Thong Thani, daily from 10am to 8pm this Thursday to Sunday.

The Hindu

IRDAI proposes to tighten norms for media campaigns by insurers

The Insurance Regulatory and Development Authority of India (IRDAI) is proposing to tighten norms for insurance advertisements by assigning higher responsibility on the senior management of insurers in designing and approving media campaigns, for product promotion.

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The Hindu

Centre’s likely policy changes at LIC would have adverse effect, says AIIEA

The government, through the amendments to insurance laws, is expected to change the minimum capital requirement, commission structure and allow issue of composite licenses, which would adversely affect the interests of the LIC.

Newsroom.co.nz

Health workers urge regulation of genetic discrimination

New Zealanders are experiencing discrimination in insurance, and fears of this discrimination are deterring people from having potentially life-saving genetic tests, explains Prof Andrew Shelling

Cycling News

Gaia Masetti gives AG Insurance-Soudal-QuickStep a win in La Classique Morbihan

Alessia Vigilia second, Sofia Bertizzolo third in Josselin

Chicago Sun-Times

What does the end of the COVID public health emergency mean ?

After three years, Illinois’ public health emergency for coronavirus ends Thursday. To be safe, stock up on free COVID tests while they’re available, a Chicago doctor says.

Chicago Sun-Times

Car insurance prices soar statewide, city responds to arrivals of immigrants and more in your Chicago news roundup

Today’s update is about an eight-minute read that will brief you on the day’s biggest stories.

Evening Standard

HSBC management claims victory as Ping An finds little support for pro-breakup resolution

The insurance group calling for a split found few allies willing to join its side on the vote

StockNews.com

These 2 Insurance Stocks Are the Top Buys for May

With the Fed announcing its tenth interest rate hike this week, the insurance industry is in a sweet spot as high-interest rates benefit insurers. Hence, investing in fundamentally strong insurance stocks Hannover Rück SE (HVRRY) and Everest Re Group could be wise. Read more….

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