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The Latest Breaking News from Insurance

U.S. weekly unemployment insurance claims rise to 242,000

New applications for U.S. unemployment insurance benefits rose 13,000 for the week ending April 29 to a seasonally adjusted 242,000. The previous week’s figure was revised down from 230,000 to 229,000. The four-week moving average as of April 29 rose to 239,250 from a revised 235,750 as of the week…

Ballotpedia

Forest department to assess fitness of ecotourism boats

Forest Minister A.K. Saseendran on Monday issued directions to ascertain the fitness of boats and review their age, details of repair works undertaken recently, availability of lifesaving accessories, and insurance details.

The Hindu

3 Financial Stocks That Investors Wouldn't Touch With a 100-Foot Barge Pole

Higher interest rates are beneficial for the financial industry. However, not all financial companies can capitalize on the current interest rate environment. Given the lingering macroeconomic concerns, it could be wise to avoid fundamentally weak financial stocks BRP Group (BRP), Forge Global Holdings (FRGE), and Argo Blockchain (ARBK). Read more….

StockNews.com

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Medicaid work requirements would leave more low-income people without health insurance – but this policy is unlikely to pass this time around

The legislative package the U.S. House of Representatives passed on April 26, 2023, by a narrow margin would pare federal spending over the next decade while also raising the debt ceiling. One important measure in the Republican-backed bill would restrict access to Medicaid for millions of Americans.

The Conversation

Gang involved in impersonating NRI to illegally divert insurance policy money held in Telangana

HYDERABAD: Cyber crime sleuths of Rachakonda police on Monday arrested 6 persons, including a relationship manager of a private insurance company, for allegedly diverting a Non Resident Indian (NRI)'s insurance policy money into a fake bank account.

The Times of India

‘They’re sacrificing us’: a California town feels ignored months after flood

The small, agricultural town of Planada was inundated amid a wave of intense storms this winter. Residents, many of whom are undocumented, say they have been neglected

The Guardian - US

Cyberattacks on health care are increasing. Inside one hospital's fight to recover

U.S. hospitals have seen a record number of cyberattacks over the past few years. Getting hacked can cost a hospital millions of dollars and expose patient data, and even jeopardize patient care.

WEKU

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Simple ways to boost State Pension payments as expert warns not everyone due full amount this year

Whether you have reached retirement age or not there are things everyone can check to maximise their payments from DWP.

Daily Record

Money matters at Muang Thong Thani

'Green Finance For Green Living' is the concept of Money Expo 2023 Bangkok which will take place at Challenger 2-3 of Impact Muang Thong Thani, daily from 10am to 8pm this Thursday to Sunday.

Bangkok Post

IRDAI proposes to tighten norms for media campaigns by insurers

The Insurance Regulatory and Development Authority of India (IRDAI) is proposing to tighten norms for insurance advertisements by assigning higher responsibility on the senior management of insurers in designing and approving media campaigns, for product promotion.

The Hindu

Centre’s likely policy changes at LIC would have adverse effect, says AIIEA

The government, through the amendments to insurance laws, is expected to change the minimum capital requirement, commission structure and allow issue of composite licenses, which would adversely affect the interests of the LIC.

The Hindu

Health workers urge regulation of genetic discrimination

New Zealanders are experiencing discrimination in insurance, and fears of this discrimination are deterring people from having potentially life-saving genetic tests, explains Prof Andrew Shelling

Newsroom.co.nz

Gaia Masetti gives AG Insurance-Soudal-QuickStep a win in La Classique Morbihan

Alessia Vigilia second, Sofia Bertizzolo third in Josselin

Cycling News

What does the end of the COVID public health emergency mean ?

After three years, Illinois’ public health emergency for coronavirus ends Thursday. To be safe, stock up on free COVID tests while they’re available, a Chicago doctor says.

Chicago Sun-Times

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Chicago Sun-Times

Car insurance prices soar statewide, city responds to arrivals of immigrants and more in your Chicago news roundup

Today’s update is about an eight-minute read that will brief you on the day’s biggest stories.

Evening Standard

HSBC management claims victory as Ping An finds little support for pro-breakup resolution

The insurance group calling for a split found few allies willing to join its side on the vote

StockNews.com

These 2 Insurance Stocks Are the Top Buys for May

With the Fed announcing its tenth interest rate hike this week, the insurance industry is in a sweet spot as high-interest rates benefit insurers. Hence, investing in fundamentally strong insurance stocks Hannover Rück SE (HVRRY) and Everest Re Group could be wise. Read more….

Chicago Sun-Times

Car insurance prices soar in Illinois, Rep. Will Guzzardi aiming to crack down on insurers

Chicago rep wants to require getting prior state approval for rate hikes, ban “excessive” increases and outlaw consideration of gender, occupation and credit scores in car insurance pricing.

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Wales Online

New traffic camera uses AI and radar to look inside cars and find all offences

The cutting edge tech is solar powered and can see if you are on your phone or not wearing a belt. It also connects to databases to check your tax and insurance

Daily Record

Delay claiming your State Pension by one year and boost future retirement annual income by over £600

The full, New State Pension is now worth up to £203.85 each week after the annual uprating in April.

The Independent UK

How to throw a street party to celebrate King Charles’ coronation on the bank holiday weekend

The long weekend to mark the crowning of King Charles and Queen Consort Camilla is just weeks away

The Independent UK

Glimpses of coronations past revealed in major insurer’s archives

Aviva’s archives include a request for state coach insurance for £3,000 in 1911, as well as giving glimpses into previous coronation celebrations.

WEKU

NBC's late night talk show staff get pay and benefits during writers strike

Three days into the Hollywood writers strike, production is halted for many shows and movies. Some non-writing staff got good news about their pay and health insurance while the writers are out.

Evening Standard

London Irish players demand proof of medical insurance cover to fulfil Exeter clash amid unpaid wages

London Irish’s players have called for proof of medical insurance cover to be able to fulfil Saturday’s Gallagher Premiership clash with Exeter.

The Guardian - UK

London Irish crisis averted with wages paid but takeover uncertainty remains

The impending crisis at London Irish has been averted after the club’s owner belatedly confirmed he would pay players their April wages

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