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The Latest Breaking News from Insurance

U.S. weekly unemployment insurance claims rise to 196,000

New applications for U.S. unemployment insurance benefits rose 13,000 for the week ending February 4 to a seasonally adjusted 196,000. The previous week’s figure was unrevised at 183,000. The four-week moving average as of February 4 fell to 189,250 from an unrevised 191,750 as of the week ending January 28.

Ballotpedia

ADF personnel leave Kimberley flood zone as weary homeowners continue to rebuild

As the military winds down its relief operations, residents in the flood-devastated Fitzroy Valley wonder when support funds will be made available.

ABC News

3 Stocks to Keep in Your Portfolio for the Next 25 Years

Still-elevated inflation and a robust job market will likely keep the Federal Reserve officials on track to raise interest rates in the upcoming months. Amid ongoing market uncertainties, investors could consider adding fundamentally sound stocks, Visa (V), Cigna Corp. (CI), and Molina Healthcare (MOH), to their portfolios for long-term returns.…

StockNews.com

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Alex Murdaugh’s bizarre botched hitman plot can be presented at murder trial, judge rules in reversal

Three months on from the double murders, Murdaugh allegedly paid a hitman to shoot him dead so that his son Buster would receive a $10m life insurance windfall

The Independent UK

Insurance Company Not Allowed to Litigate Under the Name of a Stranger

"Progressive has filed a Motion in Limine seeking to preclude references at trial to Progressive as the named defendant. Progressive contends it would suffer unfair prejudice if a jury was aware of its relationship to this action. Thus, Progressive requests that the parties use the name of the non-party driver…

Reason

New State Pension payments may be less than older people retiring this year expect

Key facts about State Pension payments everyone nearing retirement age should know.

Daily Record

Low-fat milk and olive oil top list of increased prices for everyday items in cost-of-living crisis

It is not just the cost of food and drink items that have increased with people paying more for motor insurance, air fares and fridges

Wales Online

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The cost of cybersecurity insurance is soaring–and state-backed attacks will be harder to cover. It’s time for companies to take threats more seriously

State-backed attacks are on the rise–and the insurance sector is increasingly excluding them from coverage.

Fortune

Illinois should put consumers first on car insurance rate hikes

Hundreds of millions are at stake for Illinois drivers, who saw auto insurance premiums increase by more than $1.1 billion in 2022.

Chicago Sun-Times

New State Pension payments providing up to £185 each month to 2.9m older people

More than 9.7 million older people are on the Basic State Pension worth up to £141 per week.

Daily Record

'Dr Death' life insurance ad banned for causing 'serious and widespread offence'

Ad showed Harold Shipman and the words 'Life insurance. Because you never know who your doctor might be'

Birmingham Post

Harold Shipman life insurance adverts caused 'serious and widespread offence'

The Advertising Standards Authority has revealed there were 115 complaints

Manchester Evening News

Life insurance ads featuring Harold Shipman joke banned for ‘trivialising’ murders

The ads ‘trivialised and made light of the murders committed by Harold Shipman’

The Independent UK

Common 'Zone X' dashcam error risks £200 fine and penalty points, drivers warned

Car dashcams are praised as an easy way to settle insurance claims and promote safer driving - but putting one in the wrong place could lead to a hefty fine and points on your licence

Daily Mirror

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The Independent UK

Average price paid for home insurance ‘at lowest levels in at least a decade’

A rise in subsidence and frozen pipe claims and the growing costs of building materials and labour costs could put pressure on premiums in 2023.

The Independent UK

Life insurance ads featuring Harold Shipman joke banned

The Facebook and Instagram ads for DeadHappy read: “Life insurance… Because you never know who your doctor might be.”

The Philadelphia Inquirer

How does Temple grad students' pay compare to other schools?

As Temple University graduate students strike for better pay and health care benefits, here's a look at what some other colleges locally and nationally provide.

The Philadelphia Inquirer

Striking grad students feel the toll of Temple’s tactics but remain steadfast

Hadley Leary faces a $12,000 tuition bill and no pay for being a striking member of the graduate student union at Temple University.

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ABC News

Kimberley families still in limbo almost a year after Youpla funeral insurance collapse

Indigenous Kimberley residents impacted by funeral insurance fund Youpla going into administration are continuing their fight for compensation.

Daily Record

Home insurance expert shares exact time to renew your policy to get the best deals

The most expensive day to buy a policy is two days before the renewal date.

Daily Record

People urged to check jewellery and watch value as gold prices nearly double

The value of gold has increased by nearly 50% compared to 10 years ago.

The Independent UK

Martin Lewis issues ‘must-know’ travel warning for holidaymakers

TV consumer guru stresses importance of sorting easily-overlooked detail when booking holidays

The Guardian - UK

London ship insurers accused of enabling fishing vessels to ‘go dark’

Complaint says switching off tracking devices should raise ‘red flags’ with insurers, as it could be covering illegal fishing activity and puts crew’s lives at risk

The Conversation

Australians need good financial advice more than ever to pay for soaring interest rates. Here's how to get it

Hundreds of thousands of us who took out fixed-rate mortgages in 2020 and 2021 are about to be hit with massive increases in payments.

Daily Mirror

Being ripped off? How to end bad (financial) relationships this Valentine's Day

Consumer rights expert Martyn James runs through the benefits of ending your bad financial relationships and starting a new one this Valentine's Day

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