UNBELIEVABLE: 12 - The Untold Story

Insurance fraudsters ‘eyeing bigger payouts with average bogus claim at £14,300’

Motor insurance accounted for the bulk of fraudulent claims detected last year while fake travel insurance cases jumped, the ABI said.

Evening Standard · Oct 6

Piyush Goyal takes India investment pitch to AIA, MetLife, IBM and General Atlantic

Commerce Minister Piyush Goyal promoted India as an investment destination during meetings with leading global firms. He highlighted the country's regulatory reforms and demand for services, especially in the insurance sector. Goyal met with executives from AIA Group, MetLife, General Atlantic, and IBM to discuss growth opportunities. He emphasized the…

The Economic Times · Oct 6

An Angry Call with Her Health Insurer Sent a 63-Year-Old Woman to Cardiac Care with Broken Heart Syndrome

A tense call about changing health insurance plans sent a 63-year-old woman to cardiac care with stress cardiomyopathy, doctors report.

Medical Daily · Oct 6

Does A Young Person Really Need Life Insurance?

A young person does not automatically need life insurance. If nobody relies on that person’s income and no one would face a serious financial burden after their death, buying a policy may solve a problem that does not exist.

The Free Financial Advisor · Oct 5

Finmin to meet heads of banks on Tuesday to review progress of financial inclusion scheme

A meeting involving bank heads is scheduled for Tuesday to assess the progress of financial inclusion schemes. Key initiatives include Pradhan Mantri Jan Dhan Yojana and Pradhan Mantri Mudra Yojana, which support small enterprises. Other schemes such as PM Jeevan Jyoti Bima Yojana and PM Suraksha Bima Yojana offer insurance…

The Economic Times · Oct 5

Open Enrollment Scam Texts Are Hitting Families Now: 6 Messages to Verify Before You Hand Over a Policy Number

Open enrollment puts millions of families in decision-making mode, and scammers know confusion and urgency can make people easier targets. Open enrollment scam texts can look surprisingly legitimate, mentioning lower premiums, unpaid balances, new insurance cards, or policy “verification.”

Budget and the Bees · Oct 5

Seven charged with setting fire to 13 rented Louisiana homes for insurance claims

Seven people have been charged in Louisiana over an alleged insurance fraud scheme involving 13 residential fires between 2019 and 2026. Prosecutors say the group rented homes, took out insurance, allegedly set fires and then submitted false claims for property losses, hotel stays and disaster relief payments.

The Times of India · Oct 5

Wall Street’s $10 billion India hospital bet sparks a fight over bills

Wall Street has poured about $10 billion into Indian hospital chains over the past five years, with investors including Blackstone, KKR, TPG and General Atlantic betting on India’s huge shortage of hospital beds and rising demand for specialised care.

The Economic Times · Oct 5

IRDAI’s insurance distribution paper: Economics in focus, consumer protection gaps remain

Rules and caps can change behaviour. Incentives determine whether organisations merely comply with the rules or actually change the behaviour that created the problem. No regulator can adjudicate every commercial decision made by every insurer and distributor.

The Economic Times · Oct 5

Medicare Open Enrollment Starts October 15 — 7 Things to Gather Before You Compare Plans

Medicare Open Enrollment begins October 15, and sitting down with nothing but a stack of insurance advertisements isn’t the best way to choose your 2027...

Saving Advice · Oct 4