Latest in National insurance rise will hit lower wage parts of UK economy hardest, study shows
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Insurers embrace climate change investments as catastrophe costs mount
Industry adopts low-carbon goals it once shunned as natural disaster losses exceed $100bn a yearBusiness - Financial Times - October 15 -
How back-to-back hurricanes could impact insurance rates across the U.S.
As Florida residents recover from hurricanes Milton and Helene, experts say the damage will likely worsen the home insurance crisis in the state and could lead to higher rates nationwide. CBS News ...Top stories - CBS News - October 15 -
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Meloni targets banks and insurers to raise €3.5bn to plug Italian budget
Rome approves proposals targeting deferred tax payments and stock options in financial sectorWorld - Financial Times - October 15 -
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Hurricane Milton’s insured losses could reach $50 billion, says Verisk
Data and technology company Verisk Analytics Inc. VRSK said Wednesday it estimates the insured losses to onshore property from Hurricane Milton could range from $30 billion to $50 billion.Business - MarketWatch - October 16 -
U.K. Regulator Starts Review Into Motor and Home Insurance Market
The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.Business - The Wall Street Journal - October 16 -
After Hurricanes, Navigating Insurance Claims Process Remains Challenging
Business and home owners digging out from Helene and Milton must depend on payouts to start rebuilding.Business - Inc. - October 16 -
Italy approves tight budget partly funded by a levy on banks and insurers
Italy’s far-right government has approved a budget for next year of about 30 billion euros, or $33 billion, which officials say will be partly funded by a levy on Italian banks and insurersWorld - ABC News - October 16 -
Elevance Shares Dive After Insurer Faces 'Unprecedented' Medicaid Challenge
The company’s earnings missed expectations, the latest sign of how medical expenses are squeezing insurers’ government businesses.Business - The Wall Street Journal - October 17