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The Latest Breaking News from Insurance

Scottish insurance broker names new chief executive

Current chief executive alludes to further growth via acquisition

Insider UK

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.

AAP

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.

ABC News

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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.

AAP

‘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

The Guardian - AU

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.

ABC News

It's time to stop the election hand-outs when we cast our votes

A clear majority of people do not take the paper and I never see people stand and look at any of the posters along the way.

Newcastle Herald

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How to get the best travel insurance deal

Sunscreen and sunglasses are travel essentials, but insurance is perhaps the most important thing you can take on holiday.

The Week

Travel insurance: what to look for when buying travel cover this Easter

Buying travel insurance can seem like one more job on your holiday ‘to do’ list, but it’s important you don’t leave home without it. We explain what to look for when shopping around for the best deal

The Money Edit

Jury told woman set up woodchipper murder for insurance

Queensland woman Sharon Graham has been accused of planning the murder of her ex-partner via a fake woodchipper accident in order to claim his life insurance.

AAP

Colorado on track to increase access, make abortion and gender-affirming protections law

After more than 29 hours of often tense and emotional debate over three days, Colorado lawmakers passed Democrats’ three priority abortion and gender-affirming-care bills Saturday night.

The Denver Post

Incremental growth

The local insurance industry posted continuous growth over the past decade, reflecting increasing consumer demand and awareness of the importance and benefits of insurance in protecting their well-being.

Bangkok Post

After the Recent Banking Crisis, What Can You Bank On?

Now would be a good time to take stock of how your nest egg may be exposed in a banking crisis. Here are five things you should know about.

Kiplinger

Biden administration appeals US ruling on health coverage mandate

Case could decide whether Obamacare can require insurance providers to cover preventive services for cancer and HIV.

Al Jazeera

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The Independent UK

Boy Scouts bankruptcy plan headed to federal appeals court

Attorneys for several insurance companies are appealing a federal judge’s decision to uphold the confirmation of a $2.4 billion bankruptcy reorganization plan for the Boy Scouts of America

Kiplinger

How Harsh Weather Affects Financial Benefits of Moving to Florida

The financial benefits of moving to Florida could be overshadowed by catastrophic weather leading to insurance rate hikes.

Tribune News Service

Social Security insolvency seen coming a year earlier than before

WASHINGTON — The Social Security system’s retiree fund will be able to fully pay scheduled benefits until 2033, one year earlier than reported last year.

Tribune News Service

Judge’s decision would make some no-cost cancer screenings a thing of the past

A federal judge on Thursday overturned a portion of the Affordable Care Act that makes preventive services, such as some cancer screenings, free to enrollees, a decision that could affect health insurance policyholders nationwide.

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Reason

Federal Court Strikes Down Obamacare Preventive Care Insurance Mandates

The ruling is based on separation of powers and Religious Freedom Restoration Act grounds.

Roll Call

Social Security, Medicare funds face depletion within a decade - Roll Call

Social Security’s finances worsened over the past year while Medicare's improved slightly, according to government actuaries.

Fortune

Community bank CEO: ‘Congress must raise the bank deposit insurance limit to $10 million’

Exception-based coverage signals to depositors that they might get some extra protection at a systemically important bank–and compounds risk.

Daily Mirror

End of tax year: 7 things to check NOW that affect everything from savings to pensions

Unlike the traditional calendar year, the tax year doesn’t run from January to December - instead, it always starts on April 6 and ends on April 5 the following year

The Conversation

The Loss and Damage Fund: How can Indonesia use it to boost climate adaptation efforts

Climate finance was at the centre of The United Nations Climate Change Conference (COP27) in Egypt last year. For many, the highlight was the agreement to establish a fund to assist developing countries in responding to loss and damage associated with the adverse effects of climate change.

Birmingham Post

Newport insurer acquired by US insurance giant

Welsh firm Acquis, Europe's leading specialist insurance provider for leased equipment, has been bought by NSM Insurance Group

AAP

Australians bracing for health insurance price hikes

More than a million Australians are set to face increased health insurance premiums, with HBF among the providers upping prices.

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