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The Latest Breaking News from Insurance

'It's shown me how independent I can be' – housing designed for people with disabilities reduces the help needed

The federal government has been warning that the rising cost of the National Disability Insurance Scheme (NDIS) is unsustainable. More than a third of NDIS funding is spent on in-house support provided to 5% of NDIS participants with the highest needs.

The Conversation

One in 25 properties 'uninsurable by 2030'

A new report warns 521,000 properties could be uninsurable by the end of this decade due to climate change risks.

AAP

Climate change means 1 in 25 homes could become uninsurable by 2030

Australia is going to face an "insurability crisis" in under a decade as climate change forces insurance premiums to "skyrocket", a report from the Climate Council warns.

ABC News

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Is Root a Winner in the Insurance Industry?

Shares of insurance products and services provider Root (ROOT) have significantly declined since it went public last year. However, can it rebound by leveraging its broad portfolio of products and services? Let’s find out.

StockNews.com

LIC is more than a corporate powerhouse

Creating employment opportunities for women is fundamental to LIC’s identity

The Hindu

What's Going On With Fairfax Financial Shares Today

RBC Capital analyst Mark A. Dwelle raised the price target for Fairfax Financial Holdings (TSX:FFH) (OTC:FRFHF) to $750 from $675. The analyst kept Outperform rating for the shares. Dwelle stated that the hard market is still driving strong top-line growth and improved underwriting margins, and management did a great job of protecting book value as…

Benzinga

A Preview Of Hanover Insurance Gr's Earnings

Hanover Insurance Gr (NYSE:THG) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Hanover Insurance Gr will report an earnings per share (EPS) of $3.00.

Benzinga

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Insurance Stocks Moving In Monday's Intraday Session

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

Benzinga

Flood and cyclone-prone areas in eastern Australia may be ‘uninsurable’ by 2030

Report mapped 10 electorates considered most at risk of becoming uninsurable due to flood, fire and other extreme weather risk

The Guardian - AU

DWP issues Carer’s Allowance update on how it can affect State Pension, Council Tax and more

The Department for Work and Pensions has issued updated guidance relating to the Carer's Allowance benefit, which is for people who care for somebody with a disability or health condition

Glasgow Live

What To Know About Raymond James's Upgrade of Arthur J. Gallagher

Raymond James upgraded its rating of Arthur J. Gallagher (NYSE:AJG) to Strong Buy with a price target of $195.00, changing its price target from $185.00 to $195.00. Shares of Arthur J. Gallagher are trading down 1.07% over the last 24 hours, at $166.68 per share.

Benzinga

Minnesota House passes bill to fund unemployment insurance fund and send checks to frontline workers

The Minnesota House of Representatives passed a $3.7 billion bill on April 25 that would raise the balance of the state’s Unemployment Insurance Trust Fund and repay unemployment insurance debts to the federal government. The move would reduce the unemployment insurance tax burden on employers, which increased March 15 to…

Ballotpedia

U.S. weekly unemployment insurance claims fall to 184,000

New applications for U.S. unemployment insurance benefits fell 2,000 (7.4%) for the week ending April 16 to a seasonally adjusted 184,000. The four-week moving average as of April 16 rose to 177,250 from a revised 172,750 as of the week ending April 9.

Ballotpedia

Adults over 50 now qualify for Medi-Cal in California regardless of immigration status

SACRAMENTO, Calif. — California Gov. Gavin Newsom on Friday announced that, beginning May 1, the state’s low-income health insurance would extend full coverage to all qualifying people who are 50 or older, regardless of immigration status.

Tribune News Service

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Ballotpedia

Missouri House passes bill that could reduce unemployment insurance benefits period to eight weeks during low unemployment

The Missouri House of Representatives passed House Bill 1860 94-41 on April 14, which would reduce the maximum length of unemployment insurance benefits to eight weeks during times of low unemployment. Missouri’s current program indexes unemployment insurance benefits, meaning it provides shorter periods of benefits during times of low unemployment…

Daily Record

DWP shares new guidance on how Carer’s Allowance can affect State Pension, Council Tax and other benefits

The new 'easy read' online guide could encourage more people to claim £69.70 each week.

Daily Mirror

Brits banned from driving in Spain in row over post-Brexit DVLA licence rules

The new restrictions came into effect after the British and Spanish governments failed to reach an agreement on DVLA-issued licences by the April 30 deadline - although tourists are excluded from the ban

Tribune News Service

How to avoid going broke from surprise medical bills

There have been a few times in my life when I’ve had a concerning health issue but skipped visiting the doctor. Even when intense stomach cramps left me doubled over for hours, or a shooting pain in my foot felt like a stress fracture, I decided to wait and see…

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The Conversation

For first homebuyers, it's Labor's Help to Buy versus the Coalition's New Home Guarantee. Which is better?

Each side is offering something for first homebuyers this election, but the nature of the support is quite different.

Birmingham Post

The UK's most successful business bosses and why they're the most talked about

From a compelling rags to riches story or life changing invention - we take a look at the UK's business people who have become famous beyond the boardroom

The Times of India

Mumbai: Man posing as insurance firm executive dupes senior citizen of Rs 39 lakh

MUMBAI: Dadar police are probing a cheating case where the cyber fraudster, posing as an insurance company executive, duped a former MTNL employee of over Rs 39 lakh, by promising her bonus and good returns on maturity of he insurance policy.

Bangkok Post

How Prudential's Big Tech Bet Went Sour

In late 2019, Prudential Financial Inc. paid $2.3 billion for a three-year-old data-science startup that promised to modernize the age-old business of selling life insurance.

Manchester Evening News

Driver with 'time-travelling insurance broker' caught out in city centre

The insurance policy was allegedly issued in 2023...

Benzinga

What Would A Nuclear Disaster Mean For Insurance Companies? Warren Buffett Chimes In

The invasion of Ukraine by Russia and threats of a potential nuclear war between several countries was turned into a topic of debate at the annual Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) shareholder meeting.

The Independent UK

Despite payment, investors brace for Russia to default

Prices for Russian credit default swaps — insurance contracts that protect an investor against a default — have plunged sharply after Moscow used its precious foreign currency reserves to make a last minute debt payment on Friday

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