insurance

The studs of Jennifer Miller’s Erie dream home carry in them her family’s hopes for the future, with messages literally inked with permanent marker onto the bedroom beams while the two-story house was under construction in 2019. But the dream home turned into a money pit for the family of four as they tapped savings and equity from their down payment to fix problems she said were caused by rushed construction. The soil under the foundation wasn’t properly prepared, Miller said, causing the house to twist and stretch as…

Auto insurance premiums are going up nationwide and Colorado’s rates are growing faster than those in many other states. Premiums in the state have shot up an average of 53% over the last decade and Colorado is expected to see the fourth-highest premiums in the country by 2033. Reporter Judith Kohler would like to talk to people who have experienced big increases in their auto insurance premiums and are feeling the strain on their budgets. If you’re interested in sharing your experience for an article, please fill out…

Oh, Christmas tree, oh, Christmas tree, you told a tale for all to see! A woman’s £650,000 ($824,850) injury claim following a car accident was rejected in an Irish court after she was seen winning a Christmas tree-throwing competition, leading the judge to conclude her declarations were exaggerated.36-year-old Kamila Grabska reportedly sued an insurance company called RSA Insurance and said injuries to her back and neck meant she was unable to work for more than five years or play with her children.Kamila reportedly…

A good number of Nigerian stocks still hold potential for strong return on investment although equities generally depreciated by 3.4 per cent last week. The rate-setting meeting of the Central Bank of Nigeria’s monetary policy panel holds Monday (today) and Tuesday, with every possibility of a significant interest rate. The move may shift the balance of investment inflow from equity more into fixed-income securities, which investors often find more attractive whenever interest rates go higher. Yet, dividend…

Blood sample of patient positive tested for sickle cell.Kitsawet Saethao | Istock | Getty ImagesThe approval of two gene therapies to treat sickle cell disease has given hope to patients who suffer from the debilitating disease, which overwhelmingly affects Black people and people of color.Health officials now face a challenge in finding a way to provide equitable access to the costly treatments.The crippling episodes of pain from the genetic blood disorder make life unpredictable for patients like Michael Goodwin.…

This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes the prospect of electric bike licenses in California and e-bike insurance in New Jersey, Dutch police doing roadside compliance checks, new e-bike from Tern, new battery from JackRabbit, battery-swapping for electric motorcycles from Africa, and more. The Wheel-E podcast returns every two weeks on Electrek’s YouTube…

PB Fintech on Friday said that its wholly-owned subsidiary Policybazaar Insurance Brokers has been granted in-principle approval from the insurance regulator to upgrade its licence, allowing its entry into the reinsurance business.According to PB Fintech, the approval will allow Policybazaar “to deepen the insurance penetration in the country” and bring “more technology, process control and data analytics based innovation into reinsurance capacity”. Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

It’s been a rough week for anyone who enjoys the freedom of riding e-bikes without undue state-applied hassle and burden. The latest news sure to disappoint electric bike riders and proponents of reduced car usage comes from the Garden State, where a pending New Jersey bill seeks to require e-bike riders to register their bikes and carry liability insurance. The news follows on the heels of other major e-bike crackdowns, including a California plan to require a special driver’s license for e-bike riders…

CLIMATEWIRE | A small engineering team at a cavernous lab in South Carolina spends its days setting buildings, fences and bushes on fire — and studying what happens next.The research is for the U.S. insurance industry, which has suffered historic losses over the last decade in blazes that have leveled entire communities.The industry in response has tapped the scientists to investigate how wildfires spread through urban areas, a field of study that has taken on greater importance as climate change fuels bigger and more…

Last week, a good number of corporate results were issued, many of them coming out strong and fairly impressive. That in part helped the market capitalisation of the Nigerian exchange appreciate by 2 per cent. Investors are awaiting the earnings reports of big-cap stocks like Dangote Cement, MTN Nigeria, BUA Cement and Nestle as well as those of four of the Big 5 lenders (United Bank for Africa, GTCO, Access Holdings and Zenith). The financial performance of these stocks are likely to shape the direction of the…