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The Latest Breaking News from Insurance

Resurrected budget package no slam dunk as negotiations heat up

WASHINGTON — Democrats face big obstacles and a deadline measured in weeks as they attempt to salvage a scaled-down tax, climate and health care package that could give them a boost ahead of the November elections.

Tribune News Service

Scotland’s largest independent insurance broker acquired

Deal should help grow the business to around £50m worth of written premiums in the next five years

Insider UK

Resurrected budget package no slam dunk as negotiations heat up

Democrats face big obstacles and a deadline measured in weeks as they attempt to salvage a scaled-down tax, climate and health care package.

Roll Call

From analysis to the latest developments in health,
read the most diverse news in one place.

National Insurance threshold increase this month could see people lose access to State Pension credits

From July 6, 2022, the threshold will rise by £3,000 to £12,570.

Daily Record

LIC shares slump to record low of Rs 782.45; market cap slips below Rs 5 lakh crore

MUMBAI: Share price of Life Insurance Corporation of India (LIC) slumped to a record low of Rs 782.45 on Monday, which is 17.55 per cent down from its IPO issue price of Rs 949.

The Times of India

Bumper City bonuses of pre-financial crisis are back, TUC finds

Calls for measures to rein in payouts as analysis shows record bonuses rising six times faster than average wages

The Guardian - UK

Bonuses in the City ‘at record high’

The TUC said its analysis of official data shows bonuses in the financial and insurance sector increased by 27.9% over the last year.

The Independent UK

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'Spooky': Here's why ACT car fires and burglaries keep happening

It's a jarring offence, but burglaries and car fires continue to burn across the ACT. Experts say there are multiple reasons why.

The Canberra Times

Lake Macquarie deemed too big a gamble as homes become 'uninsurable'

For locals living on the shores of Lake Macquarie, proximity to the water is considered an asset.But, as far as insurance companies are concerned, the risk to cover properties around parts of the lake is too high, seeing prices skyrocket or deeming homes completely uninsurable.

Newcastle Herald

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

Colorado governor signs law to direct federal funds to repay unemployment insurance debt

Colorado Gov. Jared Polis (D) on May 25 signed SB22-234, which will direct $600 million of federal American Rescue Plan Act (ARPA) funds to help pay back the state’s $1 billion unemployment insurance trust fund debt to the federal government.

Ballotpedia

Kansas governor announces start of unemployment insurance modernization effort

Kansas Gov. Laura Kelly (D) announced June 2 that the Kansas Department of Labor (KDL) has started what it describes as its effort to modernize the state’s unemployment insurance system. Kelly said the project will take 26 months and cost roughly $48 million.

Ballotpedia

U.S. weekly unemployment insurance claims fall to 200,000

New applications for U.S. unemployment insurance benefits fell 11,000 for the week ending May 28 to a seasonally adjusted 200,000. The previous week’s figure was revised up from 210,000 to 211,000. The four-week moving average as of May 28 fell to 206,500 from a revised 207,000 as of the week…

Ballotpedia

New York Reg. Update: Health Insurance For Medical Marijuana, New Efforts Against Illicit Cannabis Market & More

New York Gov. Kathy Hochul has taken important steps to get the state's legal cannabis market up and running.

Benzinga

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Asharq Al-Awsat

Saudi Arabia Approves Establishment of Holding Company to Raise Effectiveness of Saudi Health System

Saudi Arabia has agreed to a government decision to establish the Health Holding Company to raise the effectiveness of the performance of the system, and approve the organization of the National Health Insurance Center. According to official sources, the Ministry of Health will focus on regulating and supervising all public…

Daily Record

New Carer’s Allowance guidance explains how the benefit can affect State Pension, Council Tax and other benefits

If you qualify for Carer’s Allowance, your other benefit payments may change.

The Guardian - UK

The previous owner is still paying for home insurance on my house

Santander renews the policy every year and the £800 debit keeps going out. I don’t know how to contact him

Caixin Global

Weekly Must-Read: As Mass Covid Testing Becomes China’s New Normal, Debate Grows Over Who Pays

National Healthcare Security Administration says local medical insurance funds shouldn’t be used for large-scale programs

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Chicago Sun-Times

12 Illinois residents among those charged in $26 million insurance-fraud scheme

The indictment seeks forfeiture of at least $26 million in alleged ill-gotten gains, as well as nine luxury vehicles, eight Rolex watches and properties in Orland Park, Bridgeview and Burbank.

StockNews.com

3 Attractive Value Stocks to Add to Your Watchlist

Concerns over aggressive interest rate hikes to combat multi-decade high inflation, the Russia-Ukraine war, and the possibility of an economic slowdown have fostered substantial market volatility of late. This has led the stocks of several quality companies to trade at attractive valuations. Thus, we think it could be wise to…

Daily Record

The Jubilee car decorations which could see you fined £2,500

Overdecorating your vehicle could mean penalty points and a hefty fine.

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: Is it a good idea to self-insure our house since we don’t have a mortgage?

Q: We own our home outright, without a mortgage. Because of the insurance crisis, what is the feasibility of self-insuring our house rather than renewing our policy at an ever-higher cost? —Thomas

Daily Record

Four new cost of living scams to watch out for this summer

Fraudsters may try to take advantage of people trying to save money or make a bit extra.

Liverpool Echo

New study shows which dog breeds are most likely to wreck your home

From furniture and clothes to shoes and doors, dog breeds were ranked by which items they love to destroy

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