Insurance News & Breaking Stories

Former Iowa insurance agent sentenced to 19 years for defrauding elderly clients out of retirement savings, totaling over $1 million.

Emerald Bay and Arrowhead partner to launch earthquake insurance facility, targeting companies in seismic zones like California and the Pacific Northwest.

DOL's fiduciary rule changes impact on advisors' businesses; compliance deadline in September. Industry execs downplay effects, but changes are significant.

Plaintiffs in major lawsuit against Geico for discrimination join civil rights attorney Ben Crump in press conference, alleging unfair practices.

South Park introduces Ozempic in quest to make Cartman thin, leading to a chaotic battle involving cereal mascots and ninjas.

Gov. Phil Scott signs bill to reduce paperwork for healthcare practitioners, improve patient care outcomes, despite warnings from insurance companies.

Warren Buffett's Berkshire Hathaway secretly purchased Chubb stock, causing a 7.5% jump. With $182 billion in cash, could Buffett buy all of Chubb?

Social Security benefits expected to run out in 2035, worries retirees. Americans fear being unprepared for retirement as full benefits may not last.

Republic First Bank seized by regulators after pulling out of import funding discussions, leading to takeover by Fulton Bank. Market impact significant.

Inflation remains high despite avoiding recession post-pandemic. Experts predict gradual decrease in prices, uncertainty over interest rate cuts in 2024.

The Body Shop closes U.S. operations after bankruptcy filing. Stores in UK and Canada remain open. Financial difficulties cited as cause.

Robert De Niro slams Trump as a "monster" on Bill Maher show. Warns of nightmare if he wins re-election. Calls supporters unhappy.

Highmark Health integrates Google Cloud and Epic Systems to improve data gathering for providers and payers, aiming to save $2.7 million annually.

Cyberattack knocks Change Healthcare services offline. Ripples throughout healthcare industry. Unauthorized third party caused the issues. Optum is triaging the issue.

"68-year-old Michael Mohn beheaded by son Justin Mohn in Pennsylvania home. Graphic video and lawsuit history revealed. Trigger warning."

Anthony Kim is planning a comeback to professional golf, and while it's being reported that the mystery man is in talks with both the PGA Tour and LIV Golf, only one of those options makes sense.

Kenneth Eugene Smith to be first person in US executed by nitrogen gas after losing last-minute appeals. Scheduled execution today.

Hippo completes 2024 reinsurance renewal, retains more risk, and expands excess-of-loss protection, showing growing confidence in profitability and predictability.

Kansas City AI Club grows to over 100 attendees. Professionals discuss AI's impact on business and the future of the industry.

WakeMed and Cigna reach agreement on new 2-year contract, ensuring in-network access to high-value health care services.

Maximize your retirement budget by waiting until age 70 to claim Social Security benefits, potentially adding thousands to your income.

Southwest Airlines reached a settlement with the Transportation Department for its 2021 flight-cancellation meltdown, but future flyers could benefit.

Berkshire Hathaway Vice Chairman Charlie Munger has died at 99. He helped Warren Buffett build the company into an investment powerhouse.

Ivanka Trump arrives to testify in her father's New York civil fraud trial, following Donald Trump Jr. and Eric Trump.

Trump testifies in civil fraud trial, clashing with judge and defending business. Prosecutors seek $250m fine and business restrictions. Case continues.

Power broker George Norcross reportedly kicked out of Eagles game for flying Israeli flag. Incident caught on camera.

Kourtney Kardashian and Travis Barker welcome their first child together, son Rocky Thirteen Barker, according to reports.

Al Pacino has been ordered to pay $30,000 a month to his ex-girlfriend and mother of his child, Noor Alfallah. He will also pay $110,000 upfront and potentially an additional $90,000 by the end of the year. Pacino must contribute $15,000 annually to their son's education fund and cover all medical costs not covered by insurance. Despite Alfallah filing for full physical custody, they are reportedly still together. Pacino has three other children. This news comes after Pacino's co-star, Robert De Niro, also welcomed a child at an older age.

The Town of Bashaw has signed an agreement with the Village of Rosalind for flush truck services, allowing them to lease the vehicle instead of purchasing it.

State Farm has been expanding its media strategy to engage young customers, using digital and mobile channels like TikTok and esports. The insurance company has also signed a name, image, and likeness deal with college basketball player Caitlin Clark and capitalized on fan excitement around Taylor Swift and NFL player Travis Kelce's relationship. State Farm's Head of Marketing, Alyson Griffin, discusses the company's marketing approach and plans for Q4.

Trump Organization employee testifies that Allen Weisselberg, the company's top financial officer, said Trump wanted his net worth inflated.

Rite Aid has filed for Chapter 11 bankruptcy due to declining sales and opioid-related lawsuits. The closure of stores will inconvenience Western New York shoppers.

"Watch Jamie Foxx and Tommy Lee Jones in this energetic courtroom drama inspired by a true story. Tremendous fun!"

Former MLB pitcher Trevor Bauer settles legal dispute with woman who accused him of assault and sexual assault in 2021.

Wall Street experienced a sharp decline as U.S. interest rates are expected to remain high, causing stocks to fall worldwide.

The Biden Administration is providing free Covid-19 test kits to Americans starting Sept. 25, with four tests per household available through covidtests.gov. The kits can detect the latest variants and will be available until the end of December. The program's costs are unclear, but in 2022, three companies were awarded $2 billion to provide 380 million free test kits. The announcement comes a year after President Biden declared the pandemic over. Insurance companies are no longer covering the cost of test kits, and the government has also granted $600 million to 12 Covid-19 test manufacturers.

Social Security benefits may be reduced by 77% in the future due to financial pressures, but changes are likely to be made to prevent cuts.

Halle Berry and Olivier Martinez have finally reached an agreement on their divorce after eight years of legal battles. They will share joint custody of their son, with Halle paying $8,000 a month in child support.

Lake Arrowhead shopkeeper killed by gunman with far-right beliefs and anti-LGBTQ+ views; details emerge about the shooter's troubled life.

'Love Is Blind's Nick Thompson Opens Up About Fighting Homelessness Amid Mold Infection Struggle'

Nigerian Exchange Limited (NGX) closed July 2023 with a 5.5% growth, the best return since 2017, outperforming other African exchanges.

Sen. Dianne Feinstein appeared confused during a Senate subcommittee hearing, prompting an awkward exchange with another senator.

Fast food stocks fluctuate after quarterly earnings reports, some exceeding expectations.

Carlos Alcaraz, 20, has been compared to Novak Djokovic, Rafael Nadal, and Roger Federer by Djokovic himself.

Accused Gilgo Beach killer files multiple lawsuits claiming car accident injuries.

Director Steven Soderbergh collaborates with writer Ed Solomon for "Full Circle," a six-part social, family, and crime drama that premiered on Max. The series follows the story of a Guyanese racketeer in New York and a kidnapping plot. The show explores themes of race, class, and morality, with a focus on the least powerful characters. While the series has its flaws, it becomes more engaging as it progresses.

US officials approve Alzheimer's drug Leqembi, allowing insurance coverage.

US Supreme Court blocks Biden's student loan forgiveness plan, citing unlawful implementation.