Latest in Insurance Payouts
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4 arrested for faking bear attacks for insurance payouts
Four people have been arrested for allegedly carrying out a bizarre insurance fraud scheme where they staged bear attacks inside cars. Authorities say the suspects submitted videos for insurance ...Top stories - CBS News - 15 hours ago -
4 arrested in California for allegedly staging bear attacks to receive insurance payouts
Investigators accused four suspects of staging bear attacks using a costume to damage vehicles in a San Bernardino County mountain community in order to receive payouts totaling more than $140,000.Top stories - CBS News - Yesterday -
Person in bear costume faked attacks on cars for insurance payout, officials say
Four people have been charged with insurance fraud for claiming that their cars were trashed by a bear — which was actually someone in a bear costume, officials said Wednesday.Top stories - NBC News - Yesterday -
Veterans demand better payout for gay ban
Leading charities have written to the prime minister, calling the average payments "unacceptably low".Top stories - BBC News - October 22 -
EY partner payouts in UK fall to £723,000 on average
Big Four accounting firm hit by sharp slowdown in revenue growth and an increase in partnership sizeBusiness - Financial Times - October 25 -
Investors Want to See a Payout on Microsoft’s AI Efforts
As the tech giant readies a report of what’s forecast as its slowest quarterly growth in a year, shareholders want to see genuine demand for the AI applications it’s spent billions to develop.Business - Inc. - October 28 -
Car buyer payouts over loan scandal could be delayed
Regulators want to give more time to car dealers potentially facing a deluge of mis-selling claims.Top stories - BBC News - Yesterday -
Sinologist Li Cheng: ‘America is not in the mood to study China’
The political expert on the breakdown of US-Sino relations, what Xi Jinping’s fourth term might hold — and why neither Harris nor Trump makes him hopeful of changeBusiness - Financial Times - October 25 -
Britain's car finance industry is in crisis – with banks bracing for billions in payouts
The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).Business - CNBC - 19 hours ago -
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 - October 26 -
Art-insurance disputes do not make for a pretty picture
Ronald Perelman’s $410mn lawsuit shines a light on the conflicts between collectors and insurersBusiness - Financial Times - October 31 -
Trump’s return turns the tables for US health insurers
President-elect’s victory opens up a new schism between the sector’s haves and have-notsWorld - Financial Times - November 6 -
Guyana citizens to receive £370 each in payouts from ‘mind-boggling’ oil wealth
Country has been enjoying historic growth in economy, which has tripled since it started crude oil extraction in 2019. Hundreds of thousands of Guyana citizens living at home and abroad will ...World - The Guardian - November 6 -
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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 -
'It's going to have to go', says car owner as insurance rises
Office for National Statistics research shows that premiums rose by 42% in the last financial year.Top stories - BBC News - October 18 -
What to know about filing an insurance claim after a hurricane
Navigating the insurance process after a natural disaster damages your home can be daunting. Here are some key tips.Top stories - CBS News - October 18 -
Family Car Insurance Bills Are Rising. Here Are Some Money-Saving Tips.
Have several children, a driveway full of cars and a few moving violations? Good luck to you. There are some ways to lessen the financial pain.Business - The New York Times - October 19 -
Biden to Propose That Insurers Cover Over-the-Counter Birth Control
The new rules under the Affordable Care Act would include emergency contraception, a newly approved nonprescription birth control pill, spermicides and condoms.Top stories - The New York Times - October 21 -
Car-Insurance Rate Hikes Were Easing. Then Came the Hurricanes.
Storms could push up insurance costs for vehicle owners in hurricane-prone areas.Business - The Wall Street Journal - October 19 -
Birth control pills and condoms could be free for millions in US under new plan
Biden administration proposal comes days before US election as Kamala Harris vows to expand healthcare. US politics – live updates Millions of people with private health insurance would be ...World - The Guardian - October 21 -
White House proposes insurers cover cost of over-the-counter birth control
The White House on Monday announced a proposal that would require insurers to cover the cost of forms of contraception like over-the-counter birth control pills and condoms under the Affordable ...Politics - The Hill - October 21 -
An 'Obamacare' for homeowners insurance could protect against climate change
The solution lies in cooperative federalism: setting federal standards for homeowners insurance while allowing states the flexibility to adapt those standards to their unique risks.Politics - The Hill - October 21 -
Proposed rule would require insurance companies to pay for over-the-counter contraception
A proposed rule by the Biden administration would require insurance companies to cover the cost of non-prescription birth control. The proposal comes as reproductive rights are a central issue in ...Top stories - NBC News - October 21
