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The Latest Breaking News from Insurance

Allies aim for risky Russian oil price cap as winter nears

U.S. officials celebrated at the start of September when top allies agreed to back an audacious, never-before-tried plan to clamp down on Vladimir Putin’s access to cash

The Independent UK

Hurricane Ian: Damage will drive insurance rates even higher, cripple industry

TALLAHASSEE, Fla. — With early predictions of $50 billion in damage from Hurricane Ian, experts worry whether the state’s struggling property insurance system will become another casualty of the storm and lead to even higher premiums.

Orlando Sentinel

Expert warns of small detail that could invalidate your home insurance

“I have seen cases, where there’s been a break-in and the insurance company, has refused to pay out"

Irish Mirror

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Grandparents could be able to claim up to £3,000 - all you need to know

Grandparents could be eligible for extra credits worth up to £3,000, and anyone who thinks they are entitled to the money is being encouraged to put in a claim online

Daily Mirror

UPDATE: Geico Is Paying For Tesla Repairs At Arizona Service Centers, Automaker Says

Tesla Inc (NASDAQ: TSLA) electric vehicles insured by Geico are being repaired at the automaker's service centers in the Phoenix, Arizona area, according to the automaker.

Benzinga

U.S. weekly unemployment insurance claims fall to 193,000

New applications for U.S. unemployment insurance benefits fell 16,000 for the week ending September 24 to a seasonally adjusted 193,000. The previous week’s figure was revised down from 213,000 to 209,000. The four-week moving average as of September 24 fell to 207,000 from a revised 215,750 as of the week…

Ballotpedia

Insurance Stocks Moving In Friday's Intraday Session

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.

Benzinga

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Do you need specialist ski insurance?

Skiing can be dangerous and often involves travelling with expensive, specialist equipment. It’s for this reason that standard travel insurance policies don’t typically cover ski trips.

Evening Standard

Travel insurance for under-18s

Travel can be risky for minors, but also hugely beneficial for their wellbeing and development. Travel insurance helps to mitigate some of that risk by covering the costs of any mishap or misfortune they might encounter when overseas.

Evening Standard

Best backpacker travel insurance

Looking for a once-in-a-lifetime experience that only a backpacking trip can offer? You’ll need a specialist backpacker insurance policy that’s specifically designed for getaways lasting up to 24 months across multiple destinations.

Evening Standard

Diner ‘flabbergasted’ to find 3.5% surcharge on restaurant bill – to cover staff’s health insurance

‘They couldn’t just inflate the prices?,’ asked one social media user

The Independent UK

Insurance giant Hastings Direct offers workers 5% pay rise and £500 cost of living bonus

Company also giving staff access to £200,000 hardship fund and free meals at Bexhill and Leicester offices

Birmingham Post

Geico workers accuse company of aggressive tactics to deter union push

Workers at the US insurance company vow to continue their efforts to organize as an independent labor movement takes hold

The Guardian - US

Insurance Stocks Moving In Thursday's Intraday Session

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.

Benzinga

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Axios

America's big consumer medical debt problem

It's the latest evidence that insurance coverage alone can't insulate people against soaring medical costs.

Tribune News Service

US jobless claims fall unexpectedly to lowest since late April

Applications for U.S. unemployment insurance dropped unexpectedly to a five-month low, led by a sizable decline in Michigan, suggesting robust demand for workers amid economic uncertainty.

Evening Standard

Couples travel insurance – how does it work?

It might not have the same appeal as researching the local cocktail bars, but buying travel insurance is a crucial part of planning a worry-free break.

Reason

Government Subsidies Encouraged Millions To Move Into Hurricane Ian's Destructive Path

Plus: Reason livestream on right-wing populism, the government can't solve the fentanyl crisis, and more...

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The Guardian - UK

FCA urges insurers to treat customers fairly amid cost of living squeeze

Financial Conduct Authority asks chief executives to avoid selling unnecessary products and add-ons

Chronicle Live

Warning issued to all drivers who wear glasses to avoid fines of up to £1,000

People who drive without their prescription glasses could earn themselves a fine or three penalty points, and they may be at risk of invalidating their car insurance policy

Asharq Al-Awsat

Saudi Arabia to Announce Unified Insurance Regulator Soon

A unified regulator for the insurance sector, independent of the Saudi Central Bank (SAMA), will be announced soon, Minister of Finance Mohammed Al-Jadaan stated on Wednesday. While the minister acknowledged that the insurance sector needs powerful entities capable of expanding within and outside Saudi Arabia, he stressed that the government…

WEKU

They were turned away from urgent care. The reason? Their car insurance

Russell Cook expected a quick, inexpensive visit to an urgent care center for his daughter after a car wreck. She wasn't badly hurt, but they were sent to an emergency room — for a much larger bill.

Tribune News Service

Shattered dreams and bills in the millions: Losing a baby in America

The day after his 8-month-old baby died, Kingsley Raspe opened the mail and found he had been sent to collections for her care.

Daily Mirror

Londoners believe they are UK's best drivers - while the North West scored lowest

A poll of 2,000 motorists were asked to score themselves on their driving techniques to determine which region thinks they are the best drivers

The Conversation

Should ADHD be in the NDIS? Yes, but eligibility for disability supports should depend on the person not their diagnosis

Eligibility for the National Disability Insurance Scheme (NDIS) came under scrutiny this week, after NDIS minister Bill Shorten said he was considering whether a diagnosis of attention-defecit hyperactivity disorder (ADHD) should grant automatic eligibility for the NDIS.

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