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The Latest Breaking News from Insurance

Liz Truss says her tax cuts are 'fair' in front of big graph showing they help the rich

The likely next Prime Minister insisted it was 'fair' to forge ahead with a National Insurance cut - despite being confronted with a stark graph live on the BBC

Daily Mirror

Protection urged for food riders

The Foundation for Consumers' Rights Protection has urged the Labour Ministry to issue regulations to support the welfare rights of food delivery drivers, to provide them with insurance against the risk of road accidents.

Bangkok Post

Creswick residents left 'in limbo' by insurance companies months after damaging storm

Grandparents Cheryle and John are still taking showers by torchlight and only have power in one room of their Creswick townhouse.

ABC News

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Arkhom pushes insurance variants

The Office of the Insurance Commission should consider approving insurance that covers environmental damage and damage to state infrastructure, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

Seeking a flood-resilient future in SEA

The Asia-Pacific region has been plagued by large-scale natural catastrophes and consequent financial damage in recent years, with total economic losses reaching US$50bn (1.8tn baht) last year according to Munich Re's NatCat (Natural Catastrophes) Service Annual report. Yet, just approximately 17% (US$8.4bn) of those losses were insured, highlighting the large…

Bangkok Post

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

AXA Insurance Company Issues Apology For Staged Tesla Battery Fire

After showing an audience how a Tesla battery might catch fire, people were upset by the fact that there was no battery pack and the fire was pyrotechnics.

InsideEVs

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People due to renew home or car Insurance urged to haggle to make annual savings

The average increase for car insurance is £35 and £41 for home insurance.

Daily Record

Earthquake rocks Liechtenstein Parliament during earthquake debate

The moment an earthquake rocked the Liechtenstein Parliament live on air during a debate on earthquake insurance

Evening Standard

Feds had corrupt suburban mayor in their sights for decades before charging him, records show

Newly obtained records show the FBI was investigating longtime Niles Mayor Nicholas Blase in 1979 and again in 1996 before embarking on the corruption probe in the early 2000s that led to a conviction and a prison stint.

Chicago Sun-Times

More women could be missing out on thousands of pounds in state pension payments

Mothers in retirement may be getting smaller state pensions that they should do because of errors with National Insurance credits, experts say, and some are getting backpayments

Daily Mirror

A Tesla burst into flames during a crash test. The organizer admitted it was staged

The insurance firm Axa said it regretted that its crash test caused confusion and admitted that electric vehicles don't catch fire any more often than combustion-engine automobiles.

WEKU

Cork hotel charged over €18,000 for one month of electricity as prices continue to soar

The 66-room Celtic Ross Hotel is already trying to cope with skyrocketing prices and revealed the July bill came in at €18,262

Irish Mirror

Young drivers issued warning as parents spend £781 a year to keep them on the road

Parents have admitted that helping their kids to run a car is a 'financial burden' after a new research suggest the cost of owning a car as a young person is rising.

Glasgow Live

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The Times of India

LIC intends to raise market share in non-participating business, diversify channel mix: Chairman

NEW DELHI: Country's largest insurer LIC intends to raise its market share in non-participating insurance products as well as diversify the channel mix, a top company official said.

Benzinga

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.

Tribune News Service

Real estate Q&A: Should I sue my neighbor for flood damage to my condo?

Q: The apartment above ours had a flood caused by a faulty valve that damaged my apartment. I have a homeowner’s insurance policy, but my neighbor is uninsured. The condo says it has no responsibility. Should I sue my neighbor for damage to my apartment not covered by insurance? —…

Tribune News Service

Texas Christians sue over federal insurance mandate for HIV prevention drugs PrEP

AUSTIN, Texas — A group of Christians from Texas is suing to knock down many of the Affordable Care Act’s preventive care mandates, specifically targeting HIV drugs.

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Daily Record

People claiming State Pension urged to check if they qualify for weekly top-up worth up to £182

New State Pension figures show 1.5 million older women are receiving less than £100 per week.

Wales Online

You could face a £200 fine and six penalty points if you have a dash cam in your car

The warning has come from motoring experts as more and more people are having the devices fitted

Tribune News Service

US jobless claims decline for a third week to a two-month low

Applications for U.S. unemployment insurance fell for a third week to a two-month low, suggesting healthy demand for labor even as economic growth moderates.

Evening Standard

Travel insurance for diabetics

Around 3.8 million people in the UK are living with diabetes, which can make overseas travel more complicated – not least when it comes to travel insurance.

The Times of India

India to be 6th largest insurance market by 2032; premiums to grow at 14%: Report

NEW DELHI: India to become sixth largest insurance market in the world in the next 10 years supported by regulatory push and rapid economic expansion, a report said.

Asharq Al-Awsat

Education Occupies 40% of Saudis' Savings Plans

A recent survey commissioned by Zurich International Life (Zurich), part of Zurich Insurance Group, revealed that only 4 out of 10 parents in Saudi Arabia have a savings plan dedicated to educating their children. According to the survey, a copy of which was obtained by Asharq Al-Awsat, 32 % of…

Reuters

Two Chinese financial officials in Liaoning province expelled from Communist party

Two former financial regulating officials in northeast China's Liaoning province have been expelled from the Communist Party and dismissed from public office for bribery and corruption, China's banking and insurance regulator said on Thursday.

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