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The Latest Breaking News from Insurance

Car and home insurance rise by £88 - as yearly household bills now cost £747 more

The typical cost of car insurance is currently £613, while the average cost of home insurance is £159 - adding more pressure to households that are already struggling with rising bills

Daily Mirror

PrEP ruling will increase HIV spread

"Entirely preventable": experts warn of a predictable public health crisis from making PrEP less accessible

Salon

The big squeeze: ACA health insurance has lots of customers, small networks

Some consumers who bought health insurance plans under the Affordable Care Act have had a tough start to the year: Many say it's hard to find an in-network doctor or hospital.

WEKU

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Karl W. Smith: Republicans must get over their fear of Medicare

Speaker of the House Kevin McCarthy sent a letter last week to President Joe Biden in which he admonished the White House for not taking more seriously talks to raise the nation’s debt limit, currently set at almost $31.4 trillion. The Biden administration responded by saying House Republicans should increase…

Tribune News Service

In Texas, Medicaid coverage ends soon after childbirth. Will lawmakers allow more time?

Victoria Ferrell Ortiz learned she was pregnant during summer 2017. The Dallas resident was finishing up an AmeriCorps job with a local nonprofit, which offered her a small stipend to live on but no health coverage. She applied for Medicaid so she could be insured during the pregnancy.

Tribune News Service

3 Stocks Causing MAJOR Casualties in Investors Portfolios

High inflation and rate hikes are gulping away the insurance industry’s profit. Moreover, recessionary fears following the turmoil in the banking sector have dampened the industry’s prospects this year. Hence, it could be wise to avoid fundamentally weak insurance stocks Lemonade (LMND), Hippo Holdings (HIPO), and Maiden Holdings (MHLD). Read…

StockNews.com

FanDuel Augusta Winner Insurance: Get Your Stakes Back if Your Player Finishes in the Top 20

FanDuel are offering a HUGE Masters promotion, which will see you get your stakes back on your outright pick if they lose, but finish inside the top 20!

Golf Monthly

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DWP's 6 cash boosts for carers as benefits rise and cost of living payments start

A round-up of the extra amounts carers will be due this year

Nottingham Post

It's No Accident Investors Are All Buying This 1 Stock

Unum Group (UNM) has been grabbing investors’ attention lately. Moreover, UNM looks well-positioned for long-term growth and should sustain its price gains supported by robust fundamentals. Read on.

StockNews.com

When will you get the state pension?

Uncertainty around life expectancy and public finances has led to a delay in plans to raise the age when older people can access their state pension.

The Week

Bring Quality Insurance Into Your Portfolio With These 3 Stocks

Insurance is one of the most reliable sectors during economic uncertainties. Despite a challenging 2022, the insurance industry looks set to grow strongly in the long term. To that end, it could be wise to add financially strong insurance stocks Tokio Marine (TKOMY), MS&AD Insurance (MSADY), and Fairfax Financial Holdings…

StockNews.com

Luxury £1.6million Ferrari towed away by police after driver makes a very basic error

A plush luxury sportscar worth £1.56million that had only recently been bought was towed away by stunned traffic police after it was found the driver had no insurance

Daily Mirror

The banking crisis has a silver lining. Businesses might actually start protecting their cash

Humans are naturally quite bad at projecting risk. We rarely think about what might happen if there is a sudden ban run and our deposits are in peril.

Fortune

Medicare Checklist: How to Avoid Costly Enrollment Mistakes, From a Financial Planner

When you sign up for each part of Medicare matters. This enrollment checklist flags important info you need to know.

Kiplinger

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The New Daily

ASIC sues Auto & General Insurance over ‘unfair’ home and contents terms

Auto & General Insurance has been hit with a landmark lawsuit over a contractual term alleged to have helped it refuse to pay consumer claims.

Evening Standard

Saga cruise arm rebounds, but £269 million hit from insurance arm leads to steep losses

The company said a competitive motor insurance market and regulatory changes had affected both its home and car insurance businesses.

The Money Edit

Dover travel chaos - what are your rights if you miss your ferry?

Travel chaos dominated Dover this weekend as holidaymakers found themselves stuck in cars and coaches for up to 18 hours ahead of the Easter holidays. What went wrong and what are your rights when faced with such delays?

The New Daily

Some deposits lost as Porter Davis liquidators urge patience

Property owners caught up in the collapse of Porter Davis will lose their deposits as plans for their homes are held hostage.

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Tribune News Service

Editorial: Can a dysfunctional Congress rescue Social Security and Medicare from disaster?

For all of this week’s focus on Donald Trump’s legal travails — and the breathless commentary and speculation surrounding it from all quarters — there was significantly less ink spilled on what looms as a far more consequential development, at least in the long-term and for average Americans contemplating a…

Insider UK

Scottish insurance broker names new chief executive

Current chief executive alludes to further growth via acquisition

AAP

ASIC sues insurer over 'unfair' home and contents terms

The financial watchdog claims the terms of Auto & General's home and contents insurance allowed the firm to unfairly refuse customer claims.

ABC News

Customers of collapsed home builder Porter Davis left in limbo as liquidators scramble to find buyer

Liquidators appointed to take over collapsed Victorian home builder Porter Davis have warned some customers who had paid a deposit, but not had received permits, have been left uninsured.

AAP

Deposits lost as Porter Davis liquidators urge patience

Porter Davis customers have been told they will lose their deposits as talks to secure access to their home building plans continue.

The Guardian - AU

‘A no-brainer’: paying attention early can supercharge your super

When it comes to superannuation, $1 at 30 is worth $5 by retirement. Experts share their tips on maximising your retirement savings

ABC News

Narromine Shire Council demands answers as cost of home insurance soars

Narromine residents say it was 1955 when the Macquarie River last flooded in their town. They are angry their insurance premiums are spiking now.

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