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The Latest Breaking News from Insurance

A simple query put my Swinton car insurance quote up to £980

It was £420 last year, and I’d only asked if the policy covered mechanical damage

The Guardian - UK

China Designates First Seven Investments for Personal Pension System

Consumers can buy into offerings from China Life, People’s Insurance, Taiping Life, Taiping Pension, Taikang Life and National Pension

Caixin Global

Revealed: The worst areas for uninsured drivers in the UK

Drivers who are caught risk a £300 fixed penalty notice, six licence points, an unlimited fine or even a driving ban

The Independent UK

From analysis to the latest developments in health,
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US, Allies to Set Russia Oil Price Cap in 'Next Few Days'

Washington and its allies are planning to finalize a price cap for Russian oil in "the next few days," as they seek to cut off a critical source of funding for Moscow, the US Treasury Department said Tuesday. The price cap would be the basis for a ban set to…

Asharq Al-Awsat

Sunshine Insurance Wins HKEX Approval for $1 Billion IPO

Share sale would be the first by an insurance company in the past five years as the industry faces challenges from the pandemic and restructuring

Caixin Global

Boost in people seeking HealthCare.gov coverage, HHS says

The Biden administration says it’s seeing a big uptick in the number of new customers buying private health insurance for 2023 from the Affordable Care Act’s marketplace

The Independent UK

‘Where have you been?’: PM receives mixed reception as Eugowra counts cost of inland ‘tsunami’

As Anthony Albanese and Dominic Perrottet walk through the disaster zone, residents remind them of the prohibitive costs of flood insurance

The Guardian - AU

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Insurers 'abandon' flood-hit NSW towns

The mayor of the flood-affected NSW town of Forbes says insurance companies have imposed a moratorium on providing flood insurance to properties in the area.

AAP

State pension triple lock 'utterly unaffordable' and will 'bankrupt UK', Tory MP declares

Sir Edward Leigh also suggested a social insurance model instead of the NHS, slammed people who are 'choosing not to work' and demanded small boat migrants are 'detained, arrested, dealt with quickly and deported'

Daily Mirror

Saving Main Street: Local businesses need community support to stay afloat

Main Street businesses that survived COVID-19 restrictions are now navigating a pandemic recovery where predicted changes in the retail industry have been accelerated by five to 10 years.

The Conversation

Analysis-First U.S. coral insurance marks the rise of the reef brigades

Conservation group The Nature Conservancy's vision for the future of coral protection involves speed boats, and a global army of snorkellers and divers deployed when tropical storms and hurricanes damage reefs.

Reuters

Black Friday warning for Brits booking holidays - 4 key checks you need to make

The UK Civil Aviation Authority has warned Brits looking for a Black Friday holiday bargain to make four key checks before stumping up for a deal that may be too good to be true

Daily Mirror

Canada’s Manulife Approved to Take Full Control of Its China Mutual Fund Venture

The insurance giant will follow in the footsteps of BlackRock, Fidelity, and Neuberger Berman in running a wholly foreign-owned mutual fund business

Caixin Global

Car insurance finetch start up Driverly boosted with six-figure pre-seed investment round

Funders of the round into the Cardiff-based firm include the Development Bank of Wales

Birmingham Post

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Tribune News Service

Family travel 5: Travel insurance — is it worth it?

Recent world events have travelers pondering the potential benefits of travel insurance.

The New Daily

Fixed-rate mortgage coming to an end? You might be in for a shock

Homeowners who have been enjoying an ultra-low fixed-rate mortgage may be in for a shock when it comes time to refinance, with experts predicting some recent buyers will find themselves trapped in a "mortgage prison".

Belfast Live

Police seize over 1,400 uninsured vehicles on NI roads this year ahead of new campaign

Car owners face an automatic £200 fine and six penalty points on their licence

AAP

Higher costs coming for NSW businesses

NSW workers' compensation premiums will need to dramatically increase to shore up the health of the insurance scheme, Treasury has warned the government.

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Salon

Stopping the Medicaid churn

Multiple states are rethinking their enrollment policies for the youngest Medicaid members

Newsroom.co.nz

Small retailers ditch insurance over rising costs

Premiums and excesses have skyrocketed while coverage has dropped, forcing some retailers to forgo insurance. Others refuse to report attacks in order to avoid their own insurance cost

Salon

A climate reparations insurance scheme

A group of countries led by Germany announced a climate insurance scheme called the Global Shield at COP27

Daily Record

Holiday warning as older travellers hit with 'hidden costs' which experts deem 'unfair'

People who are not tech savvy are also paying more for organising holidays over the phone rather than online.

The Guardian - UK

‘I’m investing some hope’: four women on their decision to freeze their eggs

After scientists cautioned against egg freezing as an ‘insurance policy’, we hear what drives women to do it

Ballotpedia

U.S. weekly unemployment insurance claims rise to 225,000

New applications for U.S. unemployment insurance benefits rose 7,000 for the week ending November 5 to a seasonally adjusted 225,000. The previous week’s figure was revised up from 217,000 to 218,000. The four-week moving average as of November 5 fell to 218,750 from a revised 219,000 as of the week…

The Conversation

What the world would lose with the demise of Twitter: Valuable eyewitness accounts and raw data on human behavior, as well as a habitat for trolls

What do a cybersecurity researcher building a system to generate alerts for detecting security threats and vulnerabilities, a wildfire watcher who tracks the spread of forest fires, and public health professionals trying to predict enrollment in health insurance exchanges have in common?

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