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The Latest Breaking News from Insurance

New calls to allow people to pay mortgage through their wages before tax and National Insurance deductions

Paying for things through your company payroll using your pre-tax salary is known as ‘salary sacrifice’.

Daily Record

Medicare Advantage supplemental health plans draw scrutiny - Roll Call

Though supplemental benefits often draw seniors to Medicare Advantage plans, insurance experts question their value.

Roll Call

With growing abortion restrictions, Democrats push for over-the-counter birth control

With abortion increasingly restricted in many states, Sen. Patty Murray (D-Wash.), hopes to persuade Republicans to back insurance coverage for over-the-counter birth control.

WEKU

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read the most diverse news in one place.

Texas Senate OKs extending postpartum Medicaid — with an anti-abortion amendment

New moms will be able to keep their health insurance for a full year under a proposal the Senate passed Sunday. A last-minute anti-abortion amendment means the bill will go back to the House.

The Texas Tribune

Breakthrough in woman techie’s murder in Prakasam

During investigation, the police found that Mr. Mohan Reddy had taken an insurance policy of ₹1.50 crore in her name.

The Hindu

Florida is purging its Medicaid rolls. Here’s 5 things to know

TAMPA, Fla. — Roughly 250,000 Floridians have lost their Medicaid health coverage since mid-April when the state began reviewing the eligibility of more than 5 million people on its rolls, a figure that swelled in the pandemic.

Tribune News Service

Top reason your car will fall its MOT and what you should look out for

To help drivers avoid failing their MOT, insurance group One Sure has compiled a list of the most common reasons why vehicles fail so they can keep an eye on these parts in particular

Daily Mirror

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Full New State Pension payments mean you need to work this number of years

Almost half of UK women are worried they will not have enough money saved for retirement

Nottingham Post

SpaceX sells Starlink terminals to Unipol for Italy flood relief

Italian insurance company Unipol Gruppo SpA said it has purchased Starlink terminals from Elon Musk’s SpaceX to help with rescue and recovery efforts in flood-stricken areas of the country.

Tribune News Service

Safety Tips for Kids and Investing

We use training wheels when children are learning to ride a bike, so why not teach safety tips for kids and investing to make sure they're not financially compromised.

Kiplinger

Survey: One-third of Asians contribute to retirement fund

One-third of people surveyed in Asia reported they make regular contributions to a retirement fund in an effort to improve their financial health, according to recent research by insurance firm Prudential.

Bangkok Post

Flats bought for £900,000 now worth NOTHING as distraught owners face 'losing everything'

Residents of the new build block in Camden, north London, fear they may be trapped in properties valued at £0 and deemed 'unmortgageable' due to the amount of defects

Daily Mirror

3 Groundbreaking Medical Stock Picks for May

The medical industry remains robust thanks to the increased demand for healthcare products and services, fuelling massive returns. Therefore, quality medical stocks Elevance Health (ELV), Humana (HUM), and Centene Corp. (CNC) could be the ideal investments for your portfolios amid current market uncertainties. Read on….

StockNews.com

Council accidentally publishes staff's names and salaries online in huge blunder

15,000 South Lanarkshire Council workers reportedly saw their salaries, as well National Insurance numbers and work addresses published in a spreadsheet as part of a Freedom of Information request

Daily Mirror

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The Independent UK

Utah mom charged with poisoning husband took out $2m life insurance before his death

A Friday detention hearing for accused poisoner and Utah mother-of-three Kouri Richins was postponed until June

Daily Record

Full New State Pension payments during retirement means you need to work this number of years

Almost half of UK women are worried they will not have enough money saved for retirement.

The Texas Tribune

Texas cotton farmers leading the charge for more government insurance to cover climate, inflation challenges

The federal Farm Bill is must-pass legislation that Congress debates every five years. It includes billions of dollars in farm subsidies and pays for food assistance programs.

WEKU

Houston lesbian bar was denied insurance coverage for hosting drag shows, owner says

Julie Mabry, who opened Pearl Bar in 2013, said the bar was created to provide a safe space for those in Houston's LGBTQ+ community.

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Reuters

Factbox-Parametric insurance policies help cushion climate impacts

The damage wrought by climate change has spurred countries and communities across the developing world to look at using so-called 'parametric' insurance to help cushion the financial blow.

Reuters

Heat insurance offers climate change lifeline to poor workers

(This May 19 story has been corrected to show ICICI Lombard was the insurer, not ICICI Bank, in paragraph 29)

Daily Record

Scot found dead in Lanzarote was discovered in alleyway after suffering heatstroke

Robert Campbell's sister Margueritte Devine thanked the Record as the family raised more than £6,000 to have their loved one’s body flown back home after his insurance expired.

Motor1

Hyundai, Kia Settle US Class Action Lawsuit Over Vehicle Thefts For $200M

The settlement covers approximately 8.3 million vehicles and includes $145 million in compensation for out-of-pocket losses.

AAP

AMP and MLC fined millions for historic violations

AMP Group will pay $24 million and MLC has agreed to $10 million in fines after systems failures led to breaches in customer trust.

The Independent UK

Utah kids' book author accused in husband's death changed life insurance policies, prosecutors say

Updated charging documents say a Utah woman who wrote a children’s book about grief after her husband’s death and was later arrested for killing him had made changes to her husband’s life insurance years before when she is accused of fatally poisoning him

Chicago Sun-Times

Immigrants, advocates push for expansion of state’s affordable health care program

Illinois legislators hammering out the state budget could expand affordable health care access to noncitizens ages 19 to 41.

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