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The Latest Breaking News from Insurance

Erie Indemnity Stock: Is Wall Street Bullish or Bearish?

While Erie Indemnity has underperformed relative to the broader market over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

Barchart

FTSE 100 notches another record while US inflation rises

Many of the stock index’s biggest names rose in value on Wednesday, led by insurance group Prudential.

Evening Standard

Travelers Says California Wildfires Cost Its Insurance Business $1.7 Billion

The Travelers Companies, Inc. reported a $1.7 billion pre-tax loss ($1.3 billion after tax) due to the wildfires that devastated California.

International Business Times

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70 Nightmarish Financial Decisions That Left People Broke, Broken, And Bewildered

Nobody is born a financial wizard. You learn important lessons about money through experience. Any mistake you make, no matter how painful, is a potential learning opportunity. The post 70 Nightmarish Financial Decisions That Left People Broke, Broken, And Bewildered first appeared on Bored Panda.

Bored Panda

CVS Health reveals surprising shift in Medicare Advantage business

CVS Health's latest quarterly results include an update on its Medicare business.

The Street

These Two Issues Are Critical to Efficient Retirement Planning

You're saving hard for retirement, but if you're not thinking ahead about taxes and the cost of health care, your savings — and your legacy — could be at risk.

Kiplinger

California's insurer for people without private coverage needs $1 billion more for LA fires claims

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires

The Independent UK

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Long putts, halfcourt shots and other in-game contests keep fans engaged and raise the fun factor

A fan at a Nebraska basketball game recently won a $75,000 Porsche for putting a golf ball the full length of the court into a 4-inch slot

The Independent UK

I want to know if insurers are not ‘playing fair’ on storm payouts – junior minister

Minister of State Robert Troy said he was disappointed insurance premiums have not fallen in recent years.

Evening Standard

£26 billion national insurance ‘grab’ could dent police front line, warns MP

Esther McVey accused the Government of ‘financial illiteracy’, ahead of a change to employers’ national insurance contribution rates.

Evening Standard

This Penny Stock Is Soaring Today. Can It Explode Higher?

The company is up 130% over the past three months and delivered solid Q2 financials, which could further boost its share price.

Barchart

Man charged with health insurance CEO murder to accept $300,000 in donations

Lawyer says 26-year-old accused ‘very much appreciates the outpouring of support’ on fundraising platform

The Guardian - US

Tesla Drivers Are The Worst In The Country: Study

Teslas may be among the safest vehicles on the road for crashworthiness, but that doesn’t make them immune from lousy driving. A new study ranked Tesla drivers as the worst in the U.S. in 2024, surpassing Ram from the year before.

InsideEVs

Fintech vs. Traditional Finance: Showdown of Nu, SoFi, and Chubb

Fintech firms continue to fight for dominance; here we take a look at two recent contenders, comparing them against a long-standing insurance dividend play.

MarketBeat

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Kiplinger

Four Potential Tax Changes to Keep Your Eye On

Many taxpayers may be surprised by a larger tax bill if the TCJA isn't extended. Check out these proactive strategies to help mitigate some of the impacts.

Golf Monthly

Genesis Invitational Picks, Predictions And Odds

The PGA Tour's third Signature Event of the season takes place at Torrey Pines, with 15-time Major winner, Tiger Woods, hosting the tournament once again

inkl

Common Legal Challenges in Auto-Related Claims

Have you ever been in a car accident and thought, “This should be easy to sort out,” only to realize it’s anything but? Insurance companies, legal paperwork, and arguments over fault can turn a simple claim into a stressful battle. What seems clear at the scene often becomes complicated once…

The Street

State Farm announces harsh decision after LA wildfires

The insurer has sounded the alarm on a growing problem, leading it to make a controversial move.

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The Independent UK

UK among top five most expensive countries for childcare - as nursery fees set to rise again

Childcare costs in the UK already make up 19 per cent of average income, but national insurance contributions will drive nursery fees even higher, finds industry group

The Independent UK

Parents to be hit by 10% nursery fee rise in wake of Rachel Reeves’s tax hikes

Childcare providers have been hit by rise in employers’ national insurance announced by the Labour chancellor in the Budget

The Independent UK

Hawaii court rules against insurance companies in Maui wildfire, allowing $4B settlement to proceed

Hawaii’s Supreme Court has ruled that insurance companies can’t bring their own legal actions against those blamed for Maui’s catastrophic 2023 wildfire, the deadliest in the U.S. in more than a century

StockNews.com

Mercury General vs. Goosehead Insurance: Which Insurance Stock Offers Better Value?

Increasing threats and surging awareness about the benefits are brightening the prospects for the insurance industry. Amid this, let’s compare Mercury General (MCY) and Goosehead Insurance (GSHD) to analyze which insurance stock offers better value. Read on to find out….

Bored Panda

Surgeon Who Spoke Out Against UnitedHealthcare In Viral Posts Receives Legal Letter

"I guess the insurance companies learned nothing from our buddy Luigi" The post Surgeon Who Spoke Out Against UnitedHealthcare In Viral Posts Receives Legal Letter first appeared on Bored Panda.

Evening Standard

Storms and flooding took record toll on insurance claims in 2024 – ABI

The Association of British Insurers said it has ‘long stressed’ the need for further investment in flood defence and maintenance.

The National (Scotland)

UK Government urged to exempt Scottish hospitality from £369m National Insurance hike

THE UK Government has been urged to exempt the Scottish hospitality industry from the planned increase in National Insurance contributions to stop…

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