Politics

The GOP Has One Big Idea For Health Care Reform: Crappier Insurance

Republicans are busy bringing back junk plans, pre-existing condition exclusions and higher costs for the sick.

Technology

Arron Banks, the insurers and my strange data trail

Carole Cadwalladr just wanted to insure her car. Six months later, she found a mass of personal details held by a firm she had never contacted that is run by Leave.EU’s biggest donor, Arron Banks. How did it get there?If a 29-year-old Peugeot 309 is th

Business

Wells Fargo hit by record $1bn penalty

The third-largest US bank is fined for issues at its car insurance and mortgage businesses.

United States

Ringleader in $23M insurance fraud lived 'lavish lifestyle' with Bentley, $64G watch and oceanfront home

The ringleader of a massive $23 million auto insurance fraud drove around in a flashy Bentley, sported a $64,000 rose gold Juan Pablo Montoya watch and lived in a $7,500-a-month oceanfront South Florida home -- despite warnings from federal officials that

World

Wells Fargo nears $1 billion settlement for loan abuses

Brendan McDermid/Reuters The U.S. Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency reportedly proposed Wells Fargo to pay a penalty to resolve probes into auto insurance and mortgage lending abuses. The CFPB has been

Top News

Wells Fargo will be fined $1 billion

US regulators are close to slapping Wells Fargo with a $1 billion fine for forcing customers into car insurance and charging mortgage borrowers unfair fees.

Business

Home and car insurance prices both fall in first quarter

'This is a glimmer of good news for drivers who are facing rising fuel prices and increased vehicle excise duty rates,' says AA's Michael Lloyd

Business

Schwarzenegger PPI ads drive surge in complaints against finance companies

A TV ad campaign starring the disembodied head of Arnold Schwarzenegger urging people to claim for mis-sold payment protection insurance (PPI) has helped drive a surge in complaints against financial services firms.

Business

Animatronic Arnie pushes PPI complaints to four-year high

A 40% rise reported on back of advert featuring model head of Arnold Schwarzenegger An advertising campaign featuring an animatronic head of Arnold Schwarzenegger urging people to “make a decision, do it now!” has helped push complaints about payment

Startups

Indian online insurance startup Coverfox lands $22M led by World Bank’s IFC and Transamerica

Coverfox, one of a handful of companies aiming to digitize insurance in India, has landed fresh funding via a $22 million Series C round that will be used to push into more rural parts of the country. The investment is led by IFC, a sister organization o

Business

PPI'll be back: CYBG takes another £350m hit on misselling claims

Clydesdale and Yorkshire Banking Group (CYBG) has become the latest lender to take a big hit on meeting claims for mis-selling payment protection insurance (PPI).

Cars

Social media car insurance ‘ghost broking’ scam warning that could mean you’re driving illegally

DRIVERS are being warned about “too good to be true” car insurance scams on Facebook and Instagram. Thousands of Brits are have been victims of “ghost broking” leaving them illegally driving around without cover. And a fresh alert

World

Woman throws herself in front of speeding car in ‘crash-for-cash’ scam

A young woman is knocked to the ground after hurling herself into the path of an oncoming van as part of an alleged insurance scam.

World

Insurance Giant AXA Linked To Israeli Settlements In Palestinian Territories, Arms Manufacturer

French insurance giant AXA has investments in Israeli businesses that have direct links to Israel’s persecutions of Palestinians, according to an online petition which has called on AXA to “stop investing in Israel’s arms trade and brutal occupation

Business

Hyundai Teams Up With Verisk To Share Driving Data For Insurance Discounts

Hyundai is teaming with Verisk to collect driving data that may help its customers achieve lower insurance premiums

Business

UnitedHealth profit beats on strong growth across businesses

(Reuters) - UnitedHealth Group Inc on Tuesday posted a quarterly profit that beat Wall Street estimates, fueled by growth in its core insurance and health-services businesses and raised its earnings forecast for the year.

Cars

Car insurance is CHEAPER than a year ago but 70 per cent said their premium went up – here’s how to cut your costs

CAR insurance premiums have dropped for the first time in three years – but Brits say they haven’t noticed the difference. The average annual policy now sits at £768 – down by £13 from 12 months ago, according to latest figures. Reform

Business

Car insurance prices fall for first time since 2014 amid whiplash crackdown

UK average in the first three months of 2018 was £768, with men still paying more than womenCar insurance prices in the UK have recorded their first year-on-year fall since 2014, following reforms to whiplash payouts and a review of compensation paid to

Finance

Car insurance actually gets CHEAPER for first time in three years - but millions are at risk of missing out on the fall

In the past year the average cost of car insurance actually fell £13 pounds - but not everyone saw their costs come down

Business

Car insurance cost drops for first time in three years

Reforms to laws on whiplash and a review of compensation are behind lower premiums, analysis finds.

World

Shocking moment woman throws herself in front of speeding van in ‘crash-for-cash insurance scam’

THIS is the moment a woman throws herself in front of a speeding van in an alleged crash-for-cash insurance scam. Dashcam footage shows the alleged conwoman hovering near a fence before running towards the vehicle clasping her handbag. Looking towards the

Business

Wells Fargo faces $1 billion fine from loan abuses

(Reuters) - Two U.S. regulators have proposed Wells Fargo & Co pay $1 billion in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter results.

Top News

Wells Fargo could face $1 billion penalty for auto and mortgage abuses

Wells Fargo may pay a $1 billion penalty for forcing customers into car insurance and for unfairly charging mortgages customers with fees.

Cars

Can you guess the car that’s appeared in the most Hollywood blockbusters?

CARS have played a major role in some of the biggest blockbusters in Hollywood history. From the Minis of the Italian Job to Back To The Future’s time-travelling DeLorean, the list of famous movie motors is virtually endless. But which cars have mad

Investing

These 4 Insurance Stocks May Be Cheap By Traditional Warren Buffett-Style Fundamental Measures

What insurance stocks would we find if we applied basic Warren Buffett-style fundamental value analysis? Here are 4 possibilities.

Health

Uninsured struggle to obtain, afford doctor appointments

(Reuters Health) - Without some kind of health insurance, getting an appointment with a primary care doctor, and being able to pay in full or over time remains a challenge for millions in the U.S., a recent study suggests.

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