Latest in Insurers Last Resort
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A Murder at an Elite Hamptons Resort Ends an Artist’s Dream
The owner of a tile company funded Sabina Khorramdel’s life of travel and creation. After she was found slain, his body was discovered at his Pennsylvania home.Top stories - The New York Times - October 30 -
Cruise companies pour money into lucrative private resorts
Passenger numbers and profit forecasts are up as operators respond to a tourism backlash by building their own facilitiesBusiness - Financial Times - 6 days ago -
For the second time in a day, Trump resorts to false personal attacks on Harris
Former President Donald Trump slammed Vice President Kamala Harris on Tuesday night as a “lunatic" and “stupid” and questioned whether she had a problem with alcohol or drugs — the second time over ...Politics - NBC News - October 23 -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
European package breaks go deluxe as popularity of top-end resorts grows
Groups such as Hyatt and Marriott target region with upscale versions of all-inclusive holidaysBusiness - Financial Times - October 27 -
Ukraine Resorts to Shaking Down Nightlife Spots for Recruits as Troop Numbers Fall
Manpower is the decisive factor in a drawn-out war of attrition—with Russia’s population four times the size of Ukraine’s.World - The Wall Street Journal - October 28 -
New York City woman found murdered at luxury Hamptons resort and spa
A slain woman's body was found in a guest room at a chic spa and resort in the Hamptons in New York, authorities said Tuesday.Top stories - NBC News - October 29 -
Finland exports snow-saving mats to ski resorts hit by climate crisis
Preserving previous year’s snow for start of season can combat increasingly unpredictable winters. Before the arrival of electric fridges and freezers, people across Finland would saw a block of ...World - The Guardian - November 1 -
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 - 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 - 3 days ago -
‘The sea came in and took it all away’: the Colombian beach resort facing a ‘public calamity’
In the past 10 years, Palomino’s coastline has receded between 47 and 50 metres, threatening the livelihoods of restaurateurs, hoteliers and all those who work in the resort . One night in ...World - The Guardian - October 15 -
Russian oligarch still owned Italian resort months after sanctions, filing shows
Disclosure raises questions over why Rome did not move to freeze the assetWorld - Financial Times - October 23 -
Suspect in murder of New York City woman at luxury Hamptons spa and resort is found dead
A man wanted in connection to the slaying of a New York City woman at a chic Hamptons resort was found dead in Pennsylvania, police said Wednesday.Top stories - NBC News - October 30 -
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 -
'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