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The Latest Breaking News from Insurance

Car thieves are using increasingly sophisticated methods, and most new vehicles are vulnerable

Car theft is on the rise, according to AA Insurance Services. Worryingly, thieves are increasingly using high-tech tools to target weaknesses in the same sensors and computerised systems that were designed to help make our journeys safer and more comfortable.

The Conversation

Dorset software firm Morning Data bought by global analytics group Verisk

The Dorchester-based business has supported clients in the insurance sector for more than 30 years

Birmingham Post

More than 20,000 people support new proposals to pay mortgage through their wages before any deductions

The payments would come off before any tax or National Insurance was deducted, similar to workplace pensions.

Daily Record

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Insuring Your Plan for Retirement Income

‘Longevity insurance’ ensures you don’t run out of money in retirement. How to figure out how much you need, the types of annuities to use and when the income should kick in are tricky questions, though.

Kiplinger

Kirkcudbright's John Blaikie shares his tale in Galloway People

John is chairman of Kirkcudbright Summer Festivities and a huge lover of the great outdoors

Daily Record

Federal government to crack down on 'profiteering' under the NDIS and make overcharging for the same product illegal

The federal government is working on a new law to explicitly make it illegal to charge more for products and services because a client is on the National Disability Insurance Scheme.

ABC News

Is Google Wallet surpassing Apple Wallet? 3 cool new features coming to the app

Apple Wallet has gotten a running head start with its feature offerings, but it looks like Google Wallet is beginning to catch up.

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10 states and scores of local governments sue FEMA over higher flood insurance rates

The states — from the Gulf Coast, the West and Midwest — along with dozens of municipalities are trying to block rate hikes under the National Flood Insurance Program.

WEKU

California Regulations Prevent Insurers From Accurately Pricing Wildfire Risk, so Now They're Fleeing the State

California homeowners are finding out that government-imposed market distortions cannot be maintained forever.

Reason

Louisiana, 9 other states sue US government over steep flood insurance rate increases

Louisiana and nine other states have filed a lawsuit against the federal government over sharp increases in national flood insurance rates slated to be phased in over the coming years

The Independent UK

Money stored in Venmo, other payment apps could be vulnerable, financial watchdog warns.

Customers of Venmo, PayPal and CashApp should not store their money for the long term with these apps since their funds may not be covered by deposit insurance, the Consumer Financial Protection Bureau warned on Thursday

The Independent UK

Google Wallet gains new features like adding state IDs and digitizing physical passes

Google Wallet can now import tickets and passes from Google Messages. Users can add state IDs and any card with a barcode and QR code.

Android Central

3 Stocks to Add to Your Portfolio for Stability

Macroeconomic headwinds, like persistent inflation and rate hike fears, have dampened investor sentiments. Against this backdrop, Industria de Diseño Textil (IDEXY), International General Insurance Holdings (IGIC), and Information Services Group (III), with noteworthy fundamentals, could be added to your portfolio for stability. Read on….

StockNews.com

Cardiff Council paid out hundreds of thousands in compensation over the state of its roads and pavements

The biggest single amount the council had been forced to pay out in the last year was £20,000

Wales Online

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WEKU

Insurance Information Institute: flood insurance rates will not quadruple for eastern Kentucky resid

An article in the New York Times published earlier this week predicted flood insurance rates in flood-prone areas will soon quadruple. Mark Friedlander, the Director of Corporate Communications at the Insurance Information Institute, said that will not happen ...

Wales Online

44% of people don't have pet insurance in cost of living crisis

The average cost of illness or accident can be almost £900

Daily Record

New car insurance warning as some people paying monthly fork out an extra £300 a year

Monthly payers faced paying just under £757.60 typically compared to £455.49 for annual payers.

Manchester Evening News

Travel expert issues warning to holidaymakers after Manchester Airport delays

Many travellers won't be aware that airlines can't compensate them for security delays

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Kiplinger

Retirement Planning with Life Insurance

An indexed universal life insurance policy can help you with tax mitigation and extra retirement income in addition to death benefits for your beneficiaries.

Daily Record

New National Insurance, Tax Credits and fake HMRC refund scams to watch out for this month

HMRC has issued warnings over a number of new scams being reported.

Caixin Global

China Moves Forward With Plan for Shanghai International Reinsurance Market

Financial regulatory agency issues detailed implementation rules for reinsurance exchange to be built in Lingang New Area

The Hindu

Letters to The Editor — June 1, 2023

Readers’ mail to The Hindu’s Letters to the Editor

The Independent UK

Combating fraud in the cost of living crisis with voice-based risk assessment technology

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

Kiplinger

What It Really Costs to Be Middle-Class

Is being middle-class worth it? You be the judge, but here’s what the numbers say.

The New Daily

Australians urged to review health insurance amid premium hikes

Millions of Australians are facing a hike in their health insurance premiums this week as the big players pass through price increases.

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