EXPLAINER
Maritime insurers cancel war risk cover in Gulf: Will it hike energy costs?
Insurers announced they were cancelling war risk coverage after the IRGC said the Strait of Hormuz was ‘closed’.
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Mangione charged with ‘act of terrorism’ in UnitedHealthcare CEO killing
A grand jury indicted Luigi Mangione, the man suspected of shooting Brian Thompson, on an additional ‘terrorism’ charge.
EXPLAINER
UnitedHealthcare CEO Brian Thompson killed: Who are the victim and suspect?
Brian Thompson was fatally shot in Midtown Manhattan, triggering a frantic manhunt.
EXPLAINER
Fact check: Would Trump slash social security and Medicare?
Kamala Harris claims Donald Trump would allow medical insurance companies to deny coverage for pre-existing conditions.
Hurricane Helene damage estimated at $53bn, as US relief bill passes
North Carolina lawmakers have passed almost $900m in disaster relief, but that’s still way short of likely cost.
A house lies toppled off its stilts after the passage of Hurricane Milton, in Bradenton Beach on Anna Maria Island, Florida, Thursday [Rebecca Blackwell/AP Photo]
Water-flooded streets are seen after Hurricane Milton made landfall in Fort Myers, Florida. [Chandan Khanna/AFP]
Marie Cook reacts to the damage to her home in the Binks Estates community after a tornado formed by Hurricane Milton touched down striking homes in The Preserve and Binks Estate among others in its path in Wellington, Florida. [Bill Ingram/Palm Beach Post/USA Today Network via Reuters]
In this aerial view, floodwaters inundate a neighbourhood after Hurricane Milton came ashore, in Punta Gorda. [Joe Raedle/Getty Images via AFP]
Residents are rescued from an their second story apartment complex in Clearwater. Florida that was flooded from and overflowing creek due to Hurricane Milton. [Bryan R Smith/AFP]
A billboard structure is seen after it was uprooted during Hurricane Milton, in Clearwater. [Julio Cortez/AP Photo]
A water rescue team member walks through flood waters at an apartment complex in the aftermath of Hurricane Milton, in Clearwater. [Mike Stewart/AP Photo]
The facade of a collapsed business in downtown Orlando, Florida. [Giorgio Viera/AFP]
Boats rest in a yard after they were washed ashore when Hurricane Milton passed through the area, in Punta Gorda, Florida. [Joe Raedle//Getty Images via AFP]
+5
Insurance crisis leaves homeowners vulnerable in hurricane-prone Louisiana
Since the 2020 hurricanes, nine insurers became insolvent in the US state of Louisiana within a couple of years.
Hurricane Ian deals blow to Florida’s shaky insurance sector
About 12 percent of Florida residents have no homeowners’ insurance – rates are far higher than in the rest of the US.
Indian insurer LIC slides in market debut after record IPO
LIC’s weak debut comes even as stocks in India and the broader Asian market rallied on Tuesday.
Two decades later, Nigeria’s health insurance is still flailing
Most Nigerians, especially rural dwellers, often go without adequate healthcare or insurance.
India’s biggest IPO opens in midst of volatile markets
Through the IPO of state-run LIC, India expects to raise $2.7bn from the sale of a 3.5 percent stake.
