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The Latest Breaking News from Insurance

Arthur J. Gallagher & Co. Earnings Preview: What to Expect

Arthur J. Gallagher & Co. is expected to release its second-quarter earnings this month, and analysts project a high-teen profit surge.

Barchart

Former Georgia insurance commissioner sentenced to prison after pleading guilty to health care fraud

A federal judge sentenced former Georgia Insurance Commissioner John Oxendine to serve three-and-a-half years in prison after Oxendine pleaded guilty to health care fraud

The Independent UK

How much does the US spend on Social Security? Is it sustainable?

The largest public program in the US is supporting nearly 68 million people per month in 2024.

USAFacts

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A growing type of insurance, called parametric insurance, is helping farmers and others in developing countries respond to extreme weather events

The Independent UK

State Farm Threatens to Abandon California If They Can't Raise Prices: 52% For Renters, 30% For Homeowners

High inflation and rising California fires have led State Farm to propose homeowners insurance rate hikes. At the same time, many insurers remain hesitant to return to the state due to rapid climate change.

International Business Times UK

Why Would You Need Cyber Insurance?

First, what is it? And is it really necessary? Here are some instances where you might wish you had a cyber insurance policy.

Kiplinger

Why an ‘AI health coach’ won’t solve the world’s chronic disease problems

Last week, two big names in the artificial intelligence (AI) and wellness industries announced a collaboration to develop a “customised, hyper-personalised AI health coach that will be available as a mobile app” to “reverse the trend lines on chronic diseases”.

The Conversation

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NDIS reforms are still in limbo. What’s going on, and are people with disability getting enough say?

Following the release of a review into the National Disability Insurance Scheme (NDIS) late last year, reform is on the cards for the scheme in 2024.

The Conversation

Former Deputy Head of China Taiping Pleads Guilty of Taking $11 Million in Bribes

Xiao Xing’s crimes spanned 25 years during which he illegally received and gifts, the procuratorate said

Caixin Global

What You Need to Know Ahead of Globe Life’s Earnings Release

Globe Life is expected to announce its second-quarter earnings this month, and analysts expect a double-digit increase in its EPS.

Barchart

Father killed his family in their 21-room mansion. Just days before, his wife’s life insurance policy was changed

The parents’ siblings are now battling over the life insurance policy in court

The Independent UK

Chubb's Q2 2024 Earnings: What to Expect

Chubb’s second-quarter earnings will be unveiled later this month, and analysts project a single-digit bottom-line growth.

Barchart

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response

The Independent UK

Can Black beat Brown to gold in Ryan Motorsport Insurance Autosport National Rankings?

Stewart Black has moved back to the top of the Ryan Motorsport Insurance Autosport National Rankings table thanks to a triple victory at Knockhill.

Autosport

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StockNews.com

3 Financial Stocks Analysts Say Are Poised for Strong Q2 Earnings

With wider insurance and reinsurance operations, and technological advancements, the financial industry is flourishing. Thus, it could be wise to invest in financial powerhouses Reinsurance Group (RGA), AXIS Capital (AXS), and Hagerty, (HGTY), which are poised for strong Q2 earnings. Read more.

The Independent UK

Direct Line to finally launch on price comparison websites

The insurance brand will launch on price comparison websites with a new suite of motor insurance products

International Business Times

Navy Sailor Punished For Trying To Access Biden's Medical Records

The sailor's actions were reported by a co-worker, prompting an investigation into the violation of the Health Insurance Portability and Accountability Act (HIPAA).

Kiplinger

Beryl Portends a Harsh Hurricane Season: Are You Ready?

Hurricane Beryl is breaking records as the first hurricane of the season. Do you have the insurance you need?

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The Conversation

Navigating mental health treatment options can be overwhelming – a clinical psychologist explains why it’s worth the effort

The percentage of Americans seeking mental health treatment nearly doubled between 2004 and 2022, with almost a quarter of the population reporting that they saw a mental health care professional in 2022.

The Independent UK

Is the worst of the the great car insurance con finally coming to an end?

Average overall quoted premiums have more than doubled since October 2013

Bored Panda

“We Can Hear You”: 30 Things Employees Know That Customers Usually Don’t

People nowadays demand higher transparency and accountability from companies, which many just cannot provide. The post “We Can Hear You”: 30 Things Employees Know That Customers Usually Don’t first appeared on Bored Panda.

Kiplinger

Take a Mid-Year Review of Your Health Insurance Coverage

Whether it's monitoring your deductible or using a health savings account, here are the best ways to maximize use of your health insurance coverage

The Independent UK

“It was diabolical, it was evil:” The shocking story of a friend-turned-suspect in Netflix’s ‘Worst Roommate Ever’

Janie Lynn Ridd and her roommate Rachel had been best friends for 25 years. But after Rachel became deathly ill numerous times without any explanation, she discovered her best friend had been trying to poison her with a strain of antibiotic-resistant bacteria. Martha McHardy reports

The Guardian - AU

What it means for patients if St Vincent’s and NIB fail to reach a funding deal

The hospital network says it will walk away from its contract with the private health insurer in three months if a fairer agreement can’t be reached. Has this situation happened before?

Kiplinger

Insurance Stocks Do Just Fine Amid Harsh Weather

The property and casualty insurance industry picks up much of the tab for these catastrophes. As a result, the sector recorded a total of $50 billion in underwriting losses — that is, the gap between claims and premiums — in 2022 and 2023.

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