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The Latest Breaking News from Insurance

Car insurers’ pandemic windfalls prompt a response in Springfield, with consumer-minded reforms planned

State Sen. Jacqueline Collins, D-Chicago, wants Illinois to regulate car insurance rates and require other consumer protections. The state insurance department wants more information for the public.

Chicago Sun-Times

Auto insurance companies shouldn’t cut drivers’ premiums

Those calling for additional premium givebacks only focus on the short-term when driving declined due to COVID. This is not how insurance pricing works.

Chicago Sun-Times

Your summer holiday refund rights as Brits head off on family getaways

Consumer rights expert Martyn James has money-saving and safety tips to help anyone about to head off on their summer holidays - from avoiding airport charges to protecting yourself from scams

Daily Mirror

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The number of overseas flights has doubled since March, but many feel anxious to fly again. Here's how to prepare for an international flight

Sunsets on the beach in Greece or gelato in Italy? Everyone you know is on holiday, but many are still feeling anxious about travelling overseas again. Curb those travel nerves as we chat to some industry experts about how to prepare for an international flight.

ABC News

Grain deal clears one of many hurdles to get Ukraine’s crops to market

Analysis: demand is desperate but ships, crew, insurance and shipping lanes all need preparing

The Guardian - UK

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

FEMA report: Flood insurance hikes will drive 1M from market

One million fewer people may purchase federal flood insurance by the end of the decade, according to a financial report obtained by the AP

The Independent UK

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How ready is California to help if Congress kills Obamacare subsidies?

The state of California is ready with $304 million to help lower- and middle-income consumers pay for health insurance if federal subsidies end. But the fund will cover only a fraction of what would be lost.

Tribune News Service

Beazley eyes final frontier by taking insurance to the moon

Lloyds of London underwriter also leaves its assessment of Ukraine war impact unchanged in half-year results

Evening Standard

China Pushes to Quell Protests Over Billion-dollar Banking Scandal

The scandal has drawn national attention as Beijing is struggling to maintain economic growth in the face of President Xi Jinping's commitment to a zero-Covid policy that has prompted widespread lockdowns and a resulting economic slowdown.

The News Lens

Uber UK and Moneybox chair to help lead technology company after US private equity firm deal

Laurel Powers-Freeling has previously held top positions at M&S Bank, Lloyds Bank and American Express

Birmingham Post

Small changes could bridge communication and cultural gaps for people from refugee backgrounds who need disability support

People with disability and their family members from non-English speaking refugee backgrounds come up against language and communication barriers when they try to access services, including the National Disability Insurance Scheme (NDIS).

The Conversation

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

Liquidation of leaky homes firm underlines need for public insurance scheme

Govt investigates better protection for home-owners, as a final building consultant goes to the wall leaving cash-strapped councils as 'last man standing' in weathertightness crisis.

Newsroom.co.nz

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The Guardian - UK

Energy suppliers row over how to protect customers’ overpaid credit

British Gas owner Centrica says insurance plan won’t stop risky business practices, while Octopus calls ringfencing ‘financially illiterate’

Tribune News Service

US jobless claims hit eight-month high as labor market cools

Applications for U.S. state unemployment insurance rose for a third week to the highest since November as more companies announce job cuts, suggesting some softening in the labor market.

Irish Mirror

What happens if you catch Covid-19 while you are on holiday?

The last thing anyone wants is to get sick while you're on holiday, but it does happen. If it's coronavirus, here's what you should do.

Daily Record

The travel rules for each country if you catch Covid-19 this summer while on holiday

Do you need to isolate and, if so, for how long?

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Evening Standard

We are still sleepwalking headlong into disasters that are all too visible

When to start worrying that something catastrophic is on the horizon? Most of us tend to start at some point after it has already happened. We buy insurance against a particular disaster only after we have experienced it (and then cancel it a few years later). We fail to evacuate…

Birmingham Post

Insurance industry veteran Joe Henderson toasts flying start for new Attis operation as headcount hits 100

The respected professinal services operator set up with former employees after selling Henderson Insurance Broking Group to Aon for £90m

Tribune News Service

Editorial: Congress’ health care inaction could leave more Californians vulnerable to COVID variants

More than two years into the pandemic, it’s unsettling to imagine a scenario in which hundreds of thousands of Californians are exposed to evasive coronavirus subvariants without access to health care while others experience further financial strain amid record inflation. Yet Congress’ reluctance to extend COVID subsidies could force an…

ABC News

Can working from home void my home and contents insurance policy?

Thousands of Australians may be taking out insurance that isn't valid because they run a side business from home, but what if you work from a home office?

The Guardian - UK

Rise in insurance fraud fuelled by cost of living crisis, says UK insurer

Zurich UK says fraudulent property claims from 1 January to 31 May 25% higher than in same period in 2021

The Independent UK

Cost-of-living crisis contributing to rise in fraudulent claims, say insurers

The average value of a fraudulent home insurance claim is £8,800, according to Zurich UK.

Chicago Sun-Times

Illinois consumers need relief from car insurers raking in pandemic profits

Given the rising costs of gas, food and utility bills, state legislators are looking for ways to help their constituents. One way to do that would be to give the Department of Insurance tools to protect car insurance customers.

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