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The Latest Breaking News from Insurance

Hurricane season is here: Federal flood insurance carries 2 moral hazards – which you face depends largely on how wealthy you are

Anyone who has been through a flood or hurricane knows the scene: waterlogged furniture piled on curbs, gutted homes with mold creeping up the walls, families displaced for months. But the recovery isn’t the same for everyone.

The Conversation

Shock analysis shows five major US home insurance firms only paid 50% of claims

IN FULL

The Independent UK

Objective Financial Advice vs a Product Pitch: How to Ensure You Hire the Right Financial Expert Rather Than a Salesperson

One of your most important financial decisions is who you trust for advice. Your best bet is a fee-only professional legally committed to your best interests.

Kiplinger

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15 Ways To Lower Your Healthcare Costs

Stressed out by the high price of staying well? These strategies can save you hundreds, or even thousands, on your annual medical bills.

Kiplinger

Five ‘essentials’ World Cup fans need to know about insurance before travelling

People should understand the key features of travel insurance and choose a policy that suits their needs, the Association of British Insurers said.

Evening Standard

Have unclaimed deposits, insurance, mutual funds? Government launches single portal to trace forgotten assets

The Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', allows people to trace unclaimed bank deposits, insurance policies, and mutual fund investments. It also helps shareholders claim unpaid dividends and shares.

The Economic Times

Mahindra and Manulife Insurance JV Moves Ahead; Gets Approval from Ministry of Corporate Affairs

MUMBAI and HONG KONG, June 2, 2026 /PRNewswire/ -- Mahindra and Manulife announced their partnership to create a life insurance business on November 12, 2025. Both companies have confirmed the incorporation of the JV company as Mahindra Manulife Insurance Limited (MMIL), following approval from the Ministry of Corporate Affairs. The…

AAP

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Big Five home insurers didn’t pay out on nearly half of claims last year, analysis says

The five biggest home insurers collectively declined more than 44 percent of claims resolved in 2025, according to the analysis

The Independent UK

Insurance premium growth blunted by effect of war

The Middle East war has dampened prospects for Thai insurance premium growth this year as energy prices skyrocket along with reinsurance expenses and financial market volatility, warns the regulator.

Bangkok Post

Wes Streeting backs calls for national insurance cut and North Sea drilling

Labour leadership hopeful says NI reduction for firms could ‘incentivise’ hiring, particularly of younger people

The Guardian - UK

Thailand travel may get costlier for foreign tourists. Here's why

Thailand is reviewing its planned foreign tourist entry fee, potentially increasing it beyond 300 baht due to rising insurance and healthcare costs. Authorities are exploring collection methods like adding it to airline tickets or the Thailand Digital Arrival Card. This comes as the country also considers shortening visa-free stays for…

The Economic Times

Minister rejects Streeting call to consider national insurance cut

Work and Pensions Secretary Pat McFadden said he backed the Chancellor’s decision.

Evening Standard

LIC plans foray in fintech space, strategic investment also on table: CEO Doraiswamy

Insurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilution by the government. LIC has recently rewarded shareholders with a bonus issue and increased dividend. The company reported a significant net profit increase for the March quarter.

The Economic Times

Streeting backs North Sea licences and national insurance cut

He reiterated his support for the UK’s eventual return to the EU.

Evening Standard

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Saving Advice

The Fixed-Income Pressure Point: How Rising Housing, Insurance, and Medical Costs Are Colliding for Seniors

For millions of retirees, retirement was supposed to bring financial stability after decades of work and careful planning. Instead, many seniors are finding themselves squeezed...

Barchart

Billionaire Mark Cuban Asks Why Insurance Companies Pay $2,500 for an MRI When ‘a Center Down the Street’ Only Charges $350

Mark Cuban questioned why insurers pay $2,500 for MRIs priced at $350 elsewhere. The debate exposed huge gaps in health care pricing.

Clever Dude

5 Harmless-Sounding Statements That Will Jack Up Your Insurance Rate

Driving conversations often sound harmless, casual, and routine, especially after a small incident or a quick chat with an insurance rep. Yet insurance companies listen closely to specific phrases that signal risk, carelessness, or higher chances of future claims. One wrong sentence during a phone call or at the scene…

Everybody Loves Your Money

Florida Homeowners Are Opening Insurance Renewal Notices With More Anxiety in 2026

Insurance renewal season in Florida has turned into a nerve-racking moment that many homeowners now approach with caution rather than routine expectation. Premiums continue climbing across coastal and inland communities, driven by storms, litigation costs, and reinsurance pressures. Families who once budgeted steadily for housing now brace for sudden spikes…

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Clever Dude

Hands-Free or Ticket: The Crackdown on Phone Use Behind the Wheel Intensifies

Drivers across North America now face a very different reality on the road, where a quick glance at a phone can lead to a costly ticket and long-term financial headaches. Law enforcement agencies continue to tighten distracted driving rules as crash data links phone use to thousands of preventable accidents…

Motor1

Man Wants To Buy 2026 Toyota For His Sister-In-Law. Then He Realizes He Could Get Sued—So He Finds A Creative Loophole

"I don't think that she knows."

Saving Advice

Why More Retirees Are Watching Property Tax Notices Closely This Year—and Adjusting Their Budgets Because of It

As you enter retirement, many people assume their bills will be less. You might have even paid your house off before you retired, which everyone...

The Conversation

Climate change: how fires and floods are creating uninsurable areas across Europe

As climate change makes extreme weather events more intense and frequent, “uninsurable areas” are becoming increasingly common. They are a clear demonstration that insurance – the mechanism through which modern societies deal with all kinds of risk – is structurally underprepared for this new climate era.

The Free Financial Advisor

5 Bills That Quietly Got More Expensive This Year While Everyone Was Watching Inflation

Prices grabbed headlines this year, but not every increase showed up in the usual inflation reports. Many households noticed their budgets tightening even when headline inflation looked like it cooled off. That gap comes from a quieter trend: essential bills rising in the background while attention stayed elsewhere. These increases…

Kiplinger

How to Keep Track of HSA Receipts and Paperwork

Learn which HSA records to keep, how long to keep them and the easiest ways to stay organized

Everybody Loves Your Money

North Carolina Buyers Are Running Into a New Housing Cost They Didn’t Expect

Homebuyers across North Carolina continue to chase affordable properties in fast-growing cities like Raleigh, Charlotte, and Greensboro, but many discover an unexpected financial twist right after going under contract. The sticker price often looks manageable at first glance, especially compared to high-cost states, yet the monthly reality tells a different…

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