Insurance

A Tech-Driven Alternative for Car Insurance

Pay-as-you-go plans are a staple in the world of smartphones, providing customers with a lower-cost option without sacrificing convenience. Metromile …

Car Insurance

'I wrapped €2,200 cash in a napkin and lost it, now I want Axa to pay'

I withdrew €8,400 from our bank while we were travelling in London.<p>I attempted to leave this safely in the complex of flats we were staying in, but the concierge would accept only €5,000.<p>We separated out €1,200, which we can account for. The remaining €2,200 was wrapped in a paper napkin and kept …

Money

The States Where Women Fare the Best – And Worst

Gender inequality proves challenging for women in more ways than one, perhaps most noticeably from a financial perspective. The gender wage gap …

Gender

Student rakes in more than £8,000 a year by going on dinner dates with strangers

A cash-strapped student has revealed how she's raking in more than £8,000 per year by going on dinner dates with strangers to save for her first home.<p>…

Car Insurance

Paying Money You Owe Isn't A 'Bailout,' Mr. President

Trump says he might cut off payments health insurers are owed under Obamacare. And he's using a bogus talking point to justify it.<p>Merriam-Webster defines the word “bailout” as “a rescue from financial distress.” The concept is pretty simple: Someone does something that results in a bad outcome, and …

Health Care

Appeals Court Upholds Decision To Block $54B Anthem, Cigna Merger

The $54 billion marriage between health insurance behemoths Anthem and Cigna is still off after a federal appeals court denied Anthem’s efforts to …

Law

10 things you can learn about money in 10 minutes that will change your life

If learning how to build wealth is important to you, you've come to the right place.<p>Below, Business Insider has rounded up 10 quick money lessons that will teach you how to master your money — from how to automate your savings to investing in the stock market when you're not an "investor."<p>Of …

Personal Finance

Desjardins ‘Open for Business’ on Deals Beyond Quebec, CEO Says - Bloomberg

Desjardins Group is looking to acquire insurers, wealth managers and payments firms to expand further outside Quebec and challenge the dominance of …

Canada

Republicans secretly love Obamacare! A short history of GOP lies about the congressional “exemption”

At least they love it for themselves: Trumpcare 2.0 would keep all the best aspects of the ACA — for Congress<p>We learned this week that Trumpcare isn’t dead. In fact, members of the House Freedom Caucus have reportedly tossed their support behind yet another attempt to “repeal and replace” President …

Republicans

Donald Trump Upsets Puerto Rico Officials With Tweets

President <b>Donald Trump</b> has a new Twitter feud and not with a specific person but the island officials of Puerto Rico.<p>On Wednesday night, Trump …

Caribbean

Insurance companies are freaking out about Trump's Obamacare threats

Insurance companies are getting nervous about President Donald Trump's saber rattling on healthcare.<p>Trump, in interviews and tweets in recent days, has raised doubts about whether the White House will continue to fund the Affordable Care Act's so-called cost-sharing reduction (CSR) payments.<p>CSR …

Health Care

Catastrophic Property Risks? There's a Blockchain for That

Defending against the uncertainties of the future is expensive.<p>Today, a network of insurance companies exists to insure the insurance companies that …

Bitcoin

Old Mutual to Sell Kotak Mahindra Joint-Venture Stake

LONDON – Investment, savings, insurance and banking services company Old Mutual PLC (OML.LN) has agreed to sell its stake in Indian insurance company Kotak Mahindra Old Mutual Life Insurance Ltd. to its joint-venture partner, Kotak Mahindra Bank Ltd., for 12.93 billion rupees ($201 million) before …

Finance

My Biggest Travel Mistake: Breaking an Arm Without Travel Insurance

Final Days in Pulau Weh<p>I emerged from the water exhilarated by my time soaring over the towering pinnacles and dusk-shrouded boulders of Pulau Weh’s …

Travel Insurance

This Benefit Is Awkward to Talk About at Work. Here's Why You Need to Discuss It

A new study shows employees with infertility quit, are open to new job opportunities, or remain unhappy on the job as a result of feeling unsupported.<p>Katie Lelito always knew she wanted a big family. But after receiving an infertility diagnosis, she could not afford the high cost of in vitro …

The Workplace

Insurance agent pleads guilty in $8.2M promissory note scam

PITTSBURGH (AP) — An insurance agent pleaded guilty Thursday in a promissory note scam that bilked nearly 80 clients out of $8.2 million.<p>John Hogan, 77, of Swissvale, entered his pleas to five counts of mail fraud in the scheme run out of his Hogan & Associates business. Prosecutors will ask for …

Fraud

Independent Insurance victims finally receive payout

Customers and employees awarded partial compensation 16 years after collapse<p>Victims of one of the UK’s biggest corporate scandals of the 2000s have …

Can a non UK resident get insurance cover?

<b>Can I get my Canadian mate covered on my bike insurance?</b><p>I have four 1970s bikes on a classic policy and I want to lend my Triumph T160 in June to a …

House Speaker Ryan says vote on 'new' Obamacare replacement will happen 'when we have the votes'

Where have you heard this one before?<p>House Speaker Paul Ryan on Thursday said there was no plan on a specific date to vote on the latest proposal to …

U.S. Congress

Louisiana bank failure is costliest since financial crisis

Regulators on Friday seized New Orleans-based First NBC Bank in the costliest bank failure since the financial crisis, with cleanup costs estimated …

Banking

Family at 'breaking point' seeks urgent treatment under NDIS for toddler

The National Disability Insurance Agency says it is reviewing its practices after a Queensland toddler with a life-threatening condition has waited …

Disability Insurance

China Life Insurance Q1 Profit Rises 17% on Strong Premium Growth

<b>China Life Insurance</b> (2628.HK/LFC), the country’s biggest life insurer, saw earnings for the first quarter rise more than 17% year-on-year.<p>Net profit …

Markets

Farm groups warn of 'desperate' situation with unharvested crops; calling on government to speed insurance process

With approximately one million unharvested acres sitting wet and soggy in Alberta fields, farm groups are calling on the provincial government to …

Agriculture

Why do Republicans hate veterans? Zombie Trumpcare edition

There's so much in Zombie Trumpcare that's a disaster that popular vote loser Donald Trump and Speaker Paul Ryan might never get the Republican party …

Health Insurance

Thousands of Obamacare Customers Left Without Options as Insurers Bolt

By Hannah RechtHannah Recht<p>Tens of thousands of customers who get their health insurance through the Affordable Care Act marketplaces could lose …

ObamaCare

Trump: 'When people talk about Obamacare, it's really fiction'

President Trump blasted Obamacare as "fiction" Wednesday and left the door open to withholding payments that help insurers reduce out-of-pocket …

ObamaCare

UK still attractive for insurtech

<i>This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.</i><p>Despite ongoing concerns about how the UK's fintech industry will fare after Brexit, it seems that one segment — insurtech — is staying strong in the face of this uncertainty, …

FinTech

Growing InsurTech market reflected in SBC London Demo Day

"Over $100 million has been invested in the companies that have gone through Startupbootcamp's (SBC) insurance technology (InsurTech) accelerator …

Startups

Startup Hippo Insurance launches in California with a tech-enabled home insurance

Offering a more complete home insurance package for less money than traditional insurance sellers, startup insurance broker Hippo Insurance launched its first service this week in California.<p>According to chief executive Assaf Wand, the company intends to be available to 60% of all U.S. homeowners …

Home Insurance

This Important Insurance Is Becoming A Luxury for Retirees

Here's one more way getting old is getting more expensive. Long-term care insurance, which covers expenses like nursing home care, at-home nursing …

Retirement