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The Latest Breaking News from Insurance

Not ‘enough money to save them all.’ Fla. county grapples with double hurricane whammy

WILBUR-BY-THE-SEA, Fla. — Kate Rose stays awake at night thinking about her family’s oceanfront home perched perilously on the edge of the eroded shoreline.

Orlando Sentinel

In flood-ravaged towns like Eugowra, residents face 'nonsensical' flood insurance premiums

Flood insurance claims since 2020 have surpassed $12.3 billion and flood victims say they can't afford to pay premiums — but what can be done about it?

ABC News

Paxlovid has been free so far. Next year, sticker shock awaits

Nearly 6 million Americans have taken Paxlovid for free, courtesy of the federal government. The Pfizer pill has helped prevent many people infected with COVID-19 from being hospitalized or dying, and it may even reduce the risk of developing long COVID. But the government plans to stop footing the bill…

Tribune News Service

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Residents urged to consider renting their caravans to flood victims

Camplify's temporary accommodation program is in partnership with the NSW Government and insurance companies

Newcastle Herald

Brit teacher, 26, facing costly cancer battle while under strict Covid lockdown in China

Matty Read's hopes of earning money for a house have been dashed and he now finds himself with serious financial issues as his medical insurance does not cover treatment of the uncommon cancer

Daily Mirror

Martin Lewis fan saves £700 on home insurance with quick online check - here's how

The man, inspired by MoneySavingExpert, revealed how he received a renewal quote of £1,109 but was able to reduce this by shopping around

Chronicle Live

Edinburgh police seize three vehicles during winter spot check on busy road

Officers were out again patrolling the streets of Leith as three motorists were issued fixed penalty tickets for six points and fined £300 after being found without insurance

Edinburgh Live

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Martin Lewis fan explains how they saved £700 with online check that took minutes

The person, known only as Mick, said he had received a renewal quote of £1,109 - but was able to slash this to £410 by shopping around, a saving of roughly £700

Daily Mirror

Dentist facing death penalty for murdering wife on safari admits 'I'm a dead man'

Lawrence Rudolph, 67, from Pennsylvania, US shot dead his wife Bianca in Zambia in 2016, to try and claim her $4.8 million life insurance in order to build a new life with his mistress Lori Milliron

Daily Mirror

Is identity theft protection worth it? Here's what you should know

If you'd asked me in 2018 whether I was likely to be a victim of identity theft, I would have said no.

Los Angeles Times

Does Bismack Biyombo make sense for the Boston Celtics as a trade target?

He might not be a long-term depth solution for Boston, but as a cheap insurance policy, he would certainly be a worthy addition to the team.

USA Today Sports Media Group

Top Christmas gifts Brits give to pets - including a new bed and a collar

Nearly a quarter of Brits have bought more presents for their pet than their partner - but three in ten don't have pet insurance

Daily Mirror

Twenty Oil Tankers Wait to Cross Istanbul's Bosphorus Strait

One more tanker took to 20 on Friday the number of vessels waiting in the Black Sea to pass through Istanbul's Bosphorus Strait on the way to the Mediterranean, the Tribeca shipping agency said, amid talks to disperse the build-up. On Thursday, dismissing pressure from abroad over the lengthening queue,…

Asharq Al-Awsat

Fracking company New Standard Energy goes into liquidation leaving large Kimberley rehabilitation bill

New Standard Energy had high hopes of extracting gas in the Kimberley. Now with only $17,000 in the bank, the company has left one of its sites in disarray and three others are yet to be rehabilitated.

ABC News

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Orlando Sentinel

Mobile home owners struggle to find insurance in Florida’s ‘dysfunctional’ market

ORMOND BEACH, Florida — The problems at Peggy Childress’ mobile home started in May when a tree from the vacant lot next door crashed through their carport, the first damage she or her husband, Mike, could recall in 15 years of living there.

ABC News

Flood insurance premiums shock Alice Springs residents as inconsistent mapping blamed

Alice Springs residents in suburbs not traditionally considered flood zones are faced with increases of more than $6,000, as the Insurance Council calls for a centralised database of flood maps.

Glasgow Live

Five driving mistakes that could invalidate car insurance during wintry weather

With Scotland bracing for snow as temperatures plummet, icy conditions can have a big impact on people’s driving. This handy little guide will show you where you are going wrong.

Newsroom.co.nz

Nelson's long, sodden road to recovery

The Detail heads to Nelson to survey the damage left behind by a massive storm four months ago.

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Tribune News Service

Employers use patient assistance programs to offset their own costs

Anna Sutton was shocked when she received a letter from her husband’s job-based health plan stating that Humira, an expensive drug used to treat her daughter’s juvenile arthritis, was now on a long list of medications considered “nonessential benefits.”

Tribune News Service

The disability tax: Medical bills remain inaccessible for many blind Americans

A Missouri man who is deaf and blind said a medical bill he didn’t know existed was sent to debt collections, triggering an 11% rise in his home insurance premiums.

Nottingham Post

'Long walk back to Leeds' for men stopped by police on M1 on Notts border

Police posted a photo from the scene, alongside a caption describing the incident on Thursday, December 8. "No insurance and a long walk back to Leeds!", police said in a tweet.

Wales Online

Students face paying thousands as half had something stolen in last two years

60% don't have or don't know if they have insurance

Wales Online

Owning a pet costs twice as much as people think after cost of living rises

The costs can also vary hugely depending on the breed

AAP

Review ordered on insurance premium rises

Financial watchdogs have ordered life insurance companies to review their premium increases following customer concerns about price rises.

AAP

Zurich unit rejected claim in 'bad faith'

Zurich subsidiary OnePath failed to inform a consumer of her rights when rejecting an allegedly fraudulent insurance claim, ASIC has said.

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