Latest in Used Defraud Insurance
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Human in Bear Suit Was Used to Defraud Insurance Companies, Officials Say
Footage of a bear rifling through luxury cars was submitted to insurance companies, which paid out $140,000. But something seemed off.Business - The New York Times - 7 hours ago -
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 -
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 -
Shake-out for US health insurers looms as government boom ends
Long term, the trends remain in insurers’ favour but there are volatile times aheadWorld - Financial Times - October 22 -
'Obamacare' enrollment opens, as Republicans threaten the health insurance program used by millions
Americans can start signing up Friday for health care coverage offered through the Affordable Care Act marketplace for 2025Health - ABC News - October 31 -
Military officials reportedly discuss how to handle illegal orders from Trump – live
Pentagon officials discuss what to do if Trump were to attempt to deploy the military domestically, CNN reports. Nancy Pelosi says Biden’s delay in exiting race blew Democrats’ chances ...World - The Guardian - 6 days ago -
Defense contractor Raytheon to pay almost $1B for defrauding DOD
Raytheon Co., part of parent defense contractor RTX, will pay more than $950 million to resolve Justice Department allegations that it defrauded the Defense Department (DOD) and paid bribes to a ...Politics - The Hill - October 18 -
Contractor Who Defrauded Navy of Millions and Fled Gets 15 Years in Prison
Leonard Glenn Francis, known as Fat Leonard, bribed Navy officials with cash and luxury goods in exchange for over $30 million in contracts for his business, officials said.Top stories - The New York Times - November 6 -
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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 -
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 - 16 hours ago -
Do I need inheritance tax insurance?
Budget changes prompt wave of interest in life cover to avoid families scrambling to pay tax billsWorld - Financial Times - 1 hour ago -
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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 -
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 -
Norfolk Southern tops Q3 expectations with boost from insurance, rail sales
Railroad Norfolk Southern’s streamlined operations delivered strong earnings last quarter, even excluding boosts from insurance payouts related to the disastrous derailment in East Palestine and ...Top stories - ABC News - October 22 -
Rising insurance costs are another storm gathering over commercial real estate
Skyrocketing insurance premiums are a growing problem — and not only for homeowners.Business - MarketWatch - October 23 -
Rachel Reeves aims to raise up to £20bn from national insurance rise
Employers’ contributions set to increase by 2 percentage points in next week’s BudgetBusiness - Financial Times - October 26 -
Myths About Getting Cheaper Car Insurance for Teen Drivers
Here’s what could happen if you don’t tell your insurer about any teenage drivers in your family — or try to get a separate policy for them altogether.Business - The New York Times - October 26 -
How Taxpayers Are Helping Health Insurers Make Even Bigger Profits
Local governments often face extra fees when employees get out-of-network medical care, but some don’t track the insurance charges or even know about them.Business - The New York Times - October 28
