Latest in Insurance Crisis Hitting
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Parents to be hit by ‘nanny tax’ after national insurance changes
Families affected will be worse off by more than £1,000 a yearBusiness - Financial Times - 6 hours ago -
‘It’s shameful and I won’t pay it’: flood-hit Italians rage against insurance call
The destruction in northern Italy has ignited debate in a country where just 6% of homes are insured against natural disaster. It was 2am when the parish priest, Giovanni Samorì, was woken by a ...World - The Guardian - October 17 -
National insurance rise will hit lower-wage parts of UK economy hardest, study shows
Findings of IFS think-tank come as Reeves acknowledges policies could dampen pay growthBusiness - Financial Times - 10 hours ago -
Crisis-hit Caley Thistle to announce fate of players and staff
The club, which has sacked manager Duncan Ferguson, is fighting for survival after entering administration.Top stories - BBC News - October 24 -
Cubans endure days without power as energy crisis hits hard
People cook with firewood after days of blackouts and supply issues.Top stories - BBC News - 6 days ago -
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Middle East crisis live: US warns Israel it will withhold arms funding if Gaza aid doesn’t improve
US state department confirms reports that secretary of state and defense secretary warned Israel . See all our Middle East coverage here Israeli military strikes killed at least 40 ...World - The Guardian - October 15 -
Middle East crisis live: child among four people killed in Israeli airstrike at hospital in south Beirut
Lebanese health ministry says more than 20 were wounded as spokesperson for hospital says entrance of hospital was hit. Israeli forces blew up homes and besieged schools and shelters for displaced ...World - The Guardian - October 21 -
Middle East crisis live: airstrikes hit Lebanon’s Baalbek and Bekaa valley after Israel issues evacuation order
The evacuation orders cover the southern Nabatieh region and eastern cities of Baalbek, Ain bourday and Durous in the Bekaa valley. Under the laws – which will not be implemented for several months ...World - The Guardian - Yesterday -
Middle East crisis live: Iran ‘not seeking war’, president says; protesters disrupt speech by Netanyahu
One killed and at least 29 injured after truck hits bus stop in Israel; protesters shout ‘shame on you’ as Israeli PM speaks at memorial ceremony for victims of Hamas attack. See all our Middle ...World - The Guardian - 4 days ago -
Reeves signals hike in National Insurance for firms
The chancellor was speaking at the government's International Investment Summit, where deals worth £63bn were hailed.Top stories - BBC News - October 14 -
Is the National Flood Insurance Program running out of money?
The damage from Hurricanes Milton and Helene is expected to cost tens of billions of dollars. The primary option for millions of Americans facing storm damage is the National Flood Insurance ...Top stories - CBS News - October 14 -
Why the cost of insurance is driving UK motorists to distraction
This multi-faceted problem is not for the industry aloneWorld - Financial Times - October 19 -
Home insurance premiums to keep rising in ‘difficult year’
Insurers are attempting to stem persistent losses on their underwritingWorld - Financial Times - October 20 -
Veterans Dept. Investigating Acadia Healthcare for Insurance Fraud
Several federal agencies are investigating whether the large chain of psychiatric hospitals held patients without medical justification.Health - The New York Times - October 18 -
Chancellor set to hike employers' National Insurance to raise £20bn
Rachel Reeves is also expected to lower the threshold for when employers start paying the tax, in next week's Budget.Top stories - BBC News - 5 days ago -
The Medicare ‘crisis’ that isn’t
Beaten to death? Could’ve fooled me.Business - MarketWatch - October 19 -
Unpacking Mark Zuckerberg’s Midlife Crisis
Is Mark Zuckerberg’s style transformation just a matter of a change in personal taste? Or is the infamous tech mogul trying to tell us something about Meta?Tech - Wired - 13 hours ago -
Autumn Budget: business fears big rise in national insurance
Tax experts warn of potential hit to retirement savings as companies race to calculate impact on costsWorld - Financial Times - October 14 -
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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 -
Starmer does not rule out rise in National Insurance for employers
The prime minister told the BBC the Budget would be tough but insisted the government would not break manifesto pledges.Top stories - BBC News - 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 -
Would raising employer National Insurance break Labour's pledge?
If the chancellor decides to increase NI for employers in the Budget would that be going back on previous promises?Top stories - BBC 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 -
UK ministers pledge crackdown on rising car insurance costs
Watchdogs, industry and consumer groups instructed to join taskforce as part of push to tackle ‘spiralling’ pricesBusiness - 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 -
Pension fund use of ETFs surges in Europe
Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRockWorld - Financial Times - October 18 -
Employers’ national insurance rise a risk for SMEs, tax experts warn
Keir Starmer refuses to rule out increase in this month’s BudgetBusiness - Financial Times - October 18
