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The Latest Breaking News from Insurance

HMRC is giving thousands of people more time to boost state pension by £10,000s

HMRC has extended the deadline to purchase voluntary National Insurance (NI) contributions until April 5, 2025 - the cut-off was previously April 5, 2023 and then later July 31, 2023

Daily Mirror

People can boost future New State Pension payments until April 2025 as summer deadline extended

National Insurance gaps can be plugged going as far back as 2006 for the next two years.

Daily Record

T.N. CM Stalin opposes ‘undue and unfair advantage given to Hindi’

Tamil Nadu Chief Minister M.K. Stalin on Monday strongly opposed a circular issued by the public sector insurance company, The New India Assurance over “Hindi implementation”.

The Hindu

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Why has car insurance gone up? Londoners now pay more than £1,600

The average car insurance cost in the UK is at its highest ever recorded

Evening Standard

LIC’s “term insurance” plan runs into trouble

Fifty years ago, Life Insurance Corporation’s ambitious scheme for “term insurance” for army personnel ran into trouble with the Defence and Finance Ministeries

The Hindu

Jet2 issues 'essential' travel advice to anyone going on holiday

The travel provider urged tourists to make sure they have travel insurance before they jet off to give them vital protection on their holiday if the worst happens

Chronicle Live

Electric bikes should have number plates and insurance, say MPs

Children are allowed to ride them from the age of 14

Wales Online

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E-bikes need number plates and insurance, say MPs and industry

Campaigners want them to be regulated in the same way as other vehicles given the damage they can cause if they hit someone.

The Independent UK

Steve Stricker broke one of Tiger Woods’ records on Friday at the American Family Insurance Championship

"Anytime you can pass Tiger Woods in something – and I may text him and just remind him that I did pass him ... I’m proud of that."

USA Today Sports Media Group

Canoe Man death faker John Darwin's story is set to get the Netflix treatment

Streaming giant eyes documentary on Brit who 'vanished' in 2002 and went into hiding so his wife could claim on life insurance policy

Daily Mirror

Compromise may mean continued reprieve for 'Obamacare' preventive care mandates

Attorneys have told a federal appeals court they are close to an agreement that could temporarily maintain government requirements for preventive health insurance coverage

The Independent UK

In North Carolina, the Uninsured Say Medicaid Expansion Will Be Life-Changing

After years of contentious battles amid a rural health crisis, the state voted to expand the program.

Capital & Main

‘We deserve more’: hotel workers vote to authorize strike in California

Decision affects 15,000 hotel workers who are pushing for raises, affordable healthcare and safe workloads and staffing levels

The Guardian - US

New proposal to allow people to pay mortgage through their wages before tax deductions rejected

An online petition calling for the ‘salary sacrifice’ has received more than 25,2300 signatures of support.

Daily Record

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Chicago Sun-Times

Inside Chicago’s catalytic converter theft epidemic

Thieves have taken more than 17,000 in Chicago since 2019, and that’s surely an undercount. Of those reported thefts, only 34 had an arrest, a Sun-Times analysis finds. How you can protect yours.

The Independent UK

‘It’s horrific’: British couple trapped in Dubai due to £11,000 medical bill

Insurance provider says it will not reimburse the couple’s expenses

Wales Online

Brit facing £20,000 hospital bill despite having insurance after heart attack in Tenerife

Graham Orr forgot one key detail while filling out his insurance forms

Bangkok Post

Allianz Ayudhya posts strong Q1 results

Allianz Ayudhya Assurance recorded strong business growth in the first quarter this year, with annualised new premiums (ANP) surging 21% year-on-year, putting the life insurance firm on track to achieve its gross written premiums (GWP) target of 37.7 billion baht this year.

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Bangkok Post

Exim Bank promotes risk hedging amid choppy seas

The lingering effects of the pandemic and the Russia-Ukraine war could exacerbate the risk of non-payment for goods, says Rak Vorrakitpokatorn, president of the Export-Import (Exim) Bank of Thailand.

Bangkok Post

Can insurance come to our climate rescue?

California's fall from grace has been steep and swift, and now even the insurance companies are pulling out. The two biggest American home insurance companies, State Farm and Allstate, announced last week that they will stop selling insurance policies to Californians. Why? Climate change-related wildfires are making it too risky…

The Hindu

Mother of Type 1 diabetic petitions child rights panel

The mother of a Type 1 diabetic has written to the Kerala State Commission for Protection of Child Rights alleging that her son was being discriminated against in getting health insurance

Kiplinger

Will the FDIC Raise the Deposit Insurance Limit?

Recent failures have some banking experts and policymakers asking whether it’s time to raise the FDIC deposit insurance limit.

Daily Record

People due to claim New State Pension this year could boost annual payments by over £600

The New State Pension is now worth up to £10,600 each year.

The Conversation

Republicans' anti-ESG attack may be silencing insurers, but it isn’t changing their pro-climate business decisions

Over recent months there has been an orchestrated pushback against investors and insurers who integrate the risks of climate change into their business models. That pushback – emanating from Republican-led states – is having an impact on how companies speak publicly. But whether it will affect their efforts to respond…

StockNews.com

3 Insurance Stocks to Buy With Great Momentum and Growth

Insurers typically benefit from rising interest rates. The recently released strong macroeconomic data has increased the odds of another rate hike in June. Therefore, it could be wise to buy insurance stocks Fairfax Financial Holdings (FRFHF), Universal Insurance (UVE), and Heritage Insurance (HRTG), given their strong momentum and growth prospects.…

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