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The Latest Breaking News from Insurance

Tesla Insurance Rates Set To Spike As Cars Become Vandalism Targets

Tesla owners, brace yourselves. Your insurance premiums could soon be even more expensive. No, it's not because parts suddenly got harder to find. It's because owning a Tesla in Elon Musk's DOGE era is now riskier than it was just six months ago.

InsideEVs

The cars eating Australia: should we be trying to reverse our attraction to SUVs and utes?

Australians are hooked on tax perks while road fatalities and emissions are surging and spending on petrol and insurance increasing

The Guardian - AU

10 Tax Topics Every Retiree Should Know About

A little knowledge can go a long way toward saving on your tax bill. Print this out and take it to your tax planner so you can have a productive chat.

Kiplinger

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It's No Surprise That Berkshire Hathaway's in the 100,000% Return Club

Warren Buffett's fascination with the insurance industry has helped Berkshire Hathaway's stock return snowball.

Kiplinger

Cyclone Alfred brought Brisbane’s fourth major flood in 50 years – can the city be flood-proofed?

The Queensland government vowed to make the city more ‘resilient’, not flood-proof, after 2022. But new developments are still being built in flood zones

The Guardian - AU

Distraught mother forced to fundraise for toddler’s £119K medical flight after travel insurance ‘nightmare’

Mother-of-three, Natasha Sargent, is warning others to “triple check” their medical records before getting cover for their holiday after her daughter’s insurance was rendered invalid.

The Independent UK

California regulator mulls State Farm's request for 22% premium hike for homeowners after LA fires

California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates for roughly a million customers if the company can justify the hike at a public hearing

The Independent UK

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Tinder Date Gone Wrong: State Farm Exec Fired After Saying Premium Hikes Following California Fires Were 'Kind Of' Orchestrated

State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop in its surplus account in the past decade.

International Business Times UK

Understanding California's New Auto Insurance Requirements Effective 2025

California's new auto insurance requirements, effective January 1, 2025, will see a significant increase in minimum liability limits to provide better financial protection.

inkl

Dr. Mehmet Oz heads to the Senate with pitch to oversee America's health insurance programs

Dr. Mehmet Oz, President Donald Trump’s pick to lead the Centers for Medicare and Medicaid Services, will testify before the Senate Finance Committee on Friday morning

The Independent UK

The Rise of Staged Car Accidents: How to Protect Yourself from Insurance Fraud in California

As the number of staged car accidents rises, drivers in California face an increasing threat from insurance fraud.

inkl

Dr. Oz ‘significantly underpaid’ his taxes, Democrats say as they prepare to grill him in confirmation hearing

The TV doctor has been nominated by Trump to lead the Centers for Medicare and Medicaid Services

The Independent UK

Only Two of America's 10 Best-Selling Vehicles Earn IIHS Safety Award

Tougher test standards mean fewer cars are earning the Insurance Institute for Highway Safety's Top Safety Pick Awards this year. The IIHS updated its moderate overlap front crash test by adding a dummy in the rear seat behind the driver, which represents a small woman or child, to collect injury…

Motor1

Oz's ties to insurers may loom over his CMS confirmation hearing - Roll Call

Mehmet Oz will likely face questions during his confirmation hearing about his past support of expanding the Medicare Advantage program.

Roll Call

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Bored Panda

State Farm Exec Fired Over Insensitive Remarks About LA Wildfire Victims In Bombshell Video

The State Farm executive was fired after suggesting the LA wildfire victims ended up suffering because “ego” pushed them to build houses in fire-prone areas. The post State Farm Exec Fired Over Insensitive Remarks About LA Wildfire Victims In Bombshell Video first appeared on Bored Panda.

TechRadar

Driving innovation and reshaping the insurance landscape with AI

AI is revolutionizing insurance with automation, personalized policies, fraud detection and enhanced cybersecurity measures.

The Independent UK

Why childcare providers will be forced to limit funded places and increase prices

The Early Years Alliance has warned childcare providers face a ‘perfect storm of challenges’

Evening Standard

Childcare blow for hard-up parents as survey shows most nurseries plan to cut funded places

Nurseries face ‘perfect storm of challenges’ due to national insurance and minimum wage rises and ‘many will not be able to survive’, charity warns

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AAP

Three-year payout row: flood victim's insurance warning

A flood victim who waited three years for her insurance payout warns the thousands of people making claims over ex-tropical cyclone Alfred to brace for a fight.

The Guardian - UK

Kenneth Stern obituary

Other lives: Lloyds insurance broker who fostered links between his birthplace of Hamburg and his adopted home of London

Evening Standard

Three women charged after protesters sprayed paint on insurance giant’s offices

Members of protest group Palestine Action targeted Allianz Insurance offices in the City of London on Monday.

Barchart

Aflac Incorporated Stock: Is AFL Outperforming the Financial Sector?

Despite Aflac’s outperformance compared to the financial sector over the past year, Wall Street analysts maintain a cautious outlook on the stock’s prospects.

The Independent UK

The UK’s most stolen dog breeds named as scale of thefts revealed

The most likely breed to be taken has been revealed in new analysis

Evening Standard

Huge rise in stolen Rottweilers revealed by police - which other dog breeds are thieves targeting?

Rottweilers saw the highest rise in thefts – a 180% year-on-year increase, followed by Border collies and Chihuahuas

Evening Standard

Direct Line boss gets £7.8m pay packet despite surging insurance costs

Adam Winslow was handed the deal as the company prepares for a £3.7 billion takeover by rival insurer Aviva.

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