Tag #Insurance

Showing 13 to 24 of 153 results

smh.com.au
🌐 75% Global Worthiness
News related image

Australia Reforms Workers' Compensation Scheme Amidst Financial Crisis

The Minns government in Australia is reforming its workers' compensation scheme due to a surge in psychological injury claims, costing \$288,542 on average in 2024, compared to \$146,000 in 2019, and low return-to-work rates; the scheme currently has 82 cents in assets for every dollar of expected f...

Progress

40% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
News related image

Bavarian Government Disburses €60 Million in Flood Relief Aid

One year after the June 2024 floods in Southern Germany, the Bavarian government has disbursed over €60 million in aid from a €200 million relief program to compensate flood victims, highlighting the ongoing debate around flood insurance and the billions of euros in damage.

Progress

28% Bias Score

Reduced Inequality
abcnews.go.com
🌐 85% Global Worthiness
News related image

Fortified Construction Saves Millions in Hurricane Sally Insurance Claims

A new Alabama study shows that homes built to Fortified standards, a voluntary construction code focused on wind and rain mitigation, saw significantly fewer and less costly insurance claims after Hurricane Sally in 2020; if all impacted homes met Fortified standards, insurance payouts could have be...

Progress

40% Bias Score

Sustainable Cities and Communities
smh.com.au
🌐 85% Global Worthiness
News related image

Melbourne Home Insurance Costs Triple in High-Risk Suburbs Amid Climate Change

Melbourne home building insurance premiums have increased by 82 percent in five years, with Yarra Ranges and Nillumbik seeing costs almost three times higher than Whitehorse due to bushfire risks, reflecting the rising cost of reinsurance after major climate events.

Progress

36% Bias Score

Climate Action
smh.com.au
🌐 75% Global Worthiness
News related image

NSW Insurance Regulator to Pay Injured Workers After Mishandling Cases

A confidential inquiry revealed that NSW's State Insurance Regulatory Authority (SIRA) mishandled multiple workers' compensation cases, worsening claimants' psychological injuries; the inquiry recommended substantial financial payouts and apologies, but the government has yet to release the report.

Progress

48% Bias Score

Good Health and Well-being
lemonde.fr
🌐 75% Global Worthiness
News related image

Cat Bond Defaults Highlight Climate Change Risk

Catastrophe bonds ("cat bonds") transfer disaster risks to investors; while historically successful (6% average annual return since 1996), €4.4 billion in defaults occurred across 68 of 729 cat bonds issued in the last 10 years, highlighting risks amplified by climate change.

Progress

44% Bias Score

Climate Action
dutchnews.nl
🌐 75% Global Worthiness
News related image

Dutch Sex Workers Face Ongoing Barriers to Financial Services

Despite commitments from banks and insurers, sex workers in the Netherlands continue to struggle accessing financial services; Nationale Nederlanden (NN) reports very few insurance contracts, while banks maintain barriers to account access, leaving sex workers vulnerable to exploitation.

Progress

52% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
News related image

GDV Flood Check Highlights German Building Vulnerability

The German Insurance Association (GDV) provides a free online flood risk assessment tool; new construction should prioritize elevated locations and robust materials, while existing buildings can be retrofitted with reinforced roofs, windows, and backwater valves; only about 50 percent of German buil...

Progress

40% Bias Score

Sustainable Cities and Communities
dailymail.co.uk
🌐 85% Global Worthiness
News related image

Climate Disasters Fuel Surge in US Home Repossessions

Rising climate disasters are driving a surge in US home repossessions, with projected $1.2 billion in credit losses in 2025 and 19,000 foreclosures this year, impacting Florida, Louisiana, and California most severely due to uninsured damages, falling home values, and soaring insurance premiums.

Progress

36% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
News related image

Greek Bank Criticizes Private Hospital Pricing, Leading to Cost Control Measures

The Bank of Greece criticizes private hospitals in Greece for their pricing model, which incentivizes unnecessary tests and inflates insurance claim costs, prompting the National Insurance Company to pilot a new system to control costs.

Progress

44% Bias Score

Good Health and Well-being
abcnews.go.com
🌐 75% Global Worthiness
News related image

State Farm Receives 17% Rate Hike Approval in California

California's insurance regulator approved a temporary 17% rate increase for State Farm's 1 million California homeowners, effective June, to address financial losses from the January Los Angeles wildfires, pending a full rate hearing in October.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
News related image

Suozzi Revises Long-Term Care Insurance Proposal to Cut Costs

Rep. Tom Suozzi is revising his WISH Act, a proposal for a public long-term care insurance program, to reduce costs by switching to a reimbursement model and simplifying the benefit calculation, aiming to make the program more financially sustainable and acceptable to lawmakers.

Progress

44% Bias Score

Good Health and Well-being

Showing 13 to 24 of 153 results