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The Latest Breaking News from Insurance

U.S. weekly unemployment insurance claims rise to 218,000

New applications for U.S. unemployment insurance benefits rose 7,000 for the week ending Nov. 25 to a seasonally adjusted 218,000. The previous week’s figure was revised up by 2,000 to 211,000. The four-week moving average as of Nov. 11 fell 500 from the previous week’s revised average to 220,000.

Ballotpedia

Lawyer hails ‘big win’ as state Supreme Court rules insurers must provide coverage to pedestrians, cyclists hit by uninsured drivers

A Chicago man sued when his insurance firm refused to pay for injuries his son suffered when he was hit on a bike by a motorist.

Chicago Sun-Times

People Don’t Usually Save Up For These 27 Things And Face Financial Shock When They Occur

People don’t plan their budget for these 27 various things and experience huge financial shock because of them.

Bored Panda

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Uncle Sam wants you to help stop insurers' bogus Medicare Advantage sales tactics

The Biden administration is cracking down on deceptive or misleading Medicare Advantage and drug plan sales tactics. And it's counting on beneficiaries to help catch offenders.

WEKU

Burden of promises: Everything you need to know on welfare schemes in poll-bound states

Free laptops, scooty, gas cylinders and education, and loan waivers – the assembly elections in Madhya Pradesh, Telangana, Chhattisgarh, Rajasthan and Mizoram ushered in a barrage of ‘freebies’, with the most on offer in Chhattisgarh, MP and Telangana.

Newslaundry

Should All Motorcycles Come Standard With ABS?

Recent petitions from the Insurance Institute for Highway Safety (IIHS) and Highway Loss Data Institute (HLDI) look to mandate ABS on all new motorcycles in the US.

RideApart

Climate change, costly disasters sent Texas homeowner insurance rates skyrocketing this year

Texas rates have increased 22% on average so far in 2023, twice the national rate. More billion-dollar disasters have occurred in Texas this year than any other year on record.

The Texas Tribune

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Six Ways to Prepare for Widowhood and Protect the Surviving Spouse

No none wants to have to plan for losing their spouse, but having plans in place and knowing what to do when the time comes can alleviate at least some of the stress.

Kiplinger

Do You Need Disability Insurance?

If you work for a living, the answer is yes, so don’t overlook protecting your biggest asset. Open enrollment season is the perfect time to assess your options.

Kiplinger

Cuddalore consumer forum orders insurance company to pay ₹1.65 crore to cargo vessel owner over marine insurance policy

Cuddalore District Consumer Disputes Redressal Commission orders United India Insurance Co. to pay ₹1.65 crore to customer for wrongly repudiating marine insurance policy claim. Rajamani's cargo vessel ran aground due to heavy ingress of sea water. Insurance Co. repudiated claim citing breach of Duty of Assured Clause. Commission found no…

The Hindu

Hefty fine for RACQ after misleading discounts

Insurer RACQ has been hit with a $10 million penalty in the Federal Court after potentially misleading customers about price discounts.

AAP

Hundreds of thousands in North Carolina will be added to Medicaid rolls this week

Full Medicaid coverage starts this week for hundreds of thousands of uninsured adults in North Carolina

The Independent UK

Storm brews over huge rise in home and contents insurance

LETTERS TO THE EDITOR - Storm brews over huge insurance increases

Newcastle Herald

On all fours in ‘rat holes’, the heroes of Silkyara scrape by on the margins

Rat-hole miners from U.P.’s Dalit and Muslim communities rescue 41 workers trapped in collapsed Silkyara tunnel. Team of 12 manually bored through last 18m of debris, using chisels, shovels and gas cutters. Requests: pucca house, village roads, life insurance, fair wages, assurance such collapse won't happen again.

The Hindu

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The Hindu

Drought relief is our right, says Minister

Agriculture Minister Cheluvarayaswamy expresses discontent over Union govt's reluctance to release drought relief to Karnataka farmers. He states that Karnataka contributes ₹4 lakh crore to Union govt's tax revenues, yet only gets back ₹30,000 crore. He urges Union govt to understand & release relief. He also directs officials to increase…

inkl

Debunking Common Myths and Misconceptions about Health Insurance for Over 70s

Typically, those over 70 are retired and are looking for ways to invest in their health. While the NHS has been a system you’ve probably relied on for years, the cracks are starting to show.

InsideEVs

Tesla Raises Insurance Rates For Drivers Who Use 'Track Mode' On The Track

Drivers who have taken their Performance-trimmed Teslas to the track report Tesla dinging their safety scores and raising their Tesla Insurance premiums.

The Hindu

‘Innuyir Kappom’ scheme has helped two lakh people

2L+ persons benefitted under TN govt's 'Innuyir Kappom-Nammai Kaakkum 48' scheme. 692 hospitals empanelled; govt funded up to ₹1L for 48 hrs. Enrolment camps for CM's Health Insurance Scheme on Dec 2. Woman on ventilator support died due to critical illness. Govt spent ₹173.77cr.

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The Conversation

Lloyds of London archives show how important the City was to transatlantic slavery

In 1783, the City of London was gripped by a court case which symbolised the brutal economics of slavery. Two years previously, the Liverpool slave ship Zong had set out from Accra, in present-day Ghana, with 442 men, women and children crammed in its hold.

The Independent UK

Why did Alex Murdaugh kill his wife and son? The ‘trial of the century’ explained

Powerful South Carolina legal scion Alex Murdaugh became the centre of the ‘trial of the century’ over the brutal double murder of his wife and son. But this is far from the only twist in a bizarre and sprawling tale of unexplained deaths, hitman plots and multi-million-dollar fraud schemes, writes…

Barchart

Chart of the Day: Assurant - Consumer Insurances

The Chart of the Day belongs to the consumer insurance company Assurant (AIZ). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature...

International Business Times

Navigating The Nuances: Understanding The Limitations Of General Liability Insurance

In this article, we will delve into the finer points of general liability insurance, exploring its constraints and unveiling solutions, all with the approachable expertise of biBERK — your trusted ally in the realm of small business insurance.

AAP

Hefty fines for dodgy builders as 'loophole' closes

Builders who don't take out insurance on behalf of paid-up customers will face new offences under a legislative crackdown by the Victorian government.

The Independent UK

Why did Alex Murdaugh murder his wife and son? The astonishing case explained

Kiplinger

Honda Recalls 300,000 Cars Over Seat Belts

Honda is recalling some Accords and HR-Vs over seat belts.

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