How Elephant Man made ‘rivals’ Chris Brown, Usher ‘become friends’
New irrigation and funding schemes coming for farmers – PM
3 years after allegedly firing at cops, man held in traffic stop
Poll: Which insurance category hits your pocket the hardest?
Jamaica records big trade deficit with Caricom in 2022
Singer Ciara expecting fourth child, her third with Russell Wilson
Son charged with murder after his 74-y-o father fatally stabbed
Williams condemns attack on Trelawny family, death of 15-y-o girl
JMMB launches innovative programme to support women-owned SMEs
3 men killed on Greendale Drive in St Andrew identified
Tuesday Aug 08
6 hrs ago – Updated
NEWYou can now listen to Loop News articles!
The impact of climate change on human lives is becoming increasingly palpable, reaching beyond the realms of health to seep into financial domains.
June 2023 etches a record-breaking note, with NASA confirming it as the hottest June ever recorded, while the World Meteorological Organization projects a surge to unprecedented global temperature highs within the next five years.
As meteorological upheavals grow in both frequency and intensity, a reverberation is felt in insurance rates.
A recent study reveals a stark reality: “The surging tide of climate change exacts a significant toll on the insurance sector. Natural disasters have triggered a staggering 3.6-fold increase in insured losses and a twofold surge in uninsured losses over the past three decades.”
This fiscal strain on insurers inevitably trickles down to consumers through elevated premiums, a tangible repercussion of the evolving climate landscape.
In a post-pandemic milieu, the auto insurance arena mirrors this financial strain, witnessing an abrupt uptick of nearly 16 per cent in premiums from April 2021 to June 2023, as documented in an international report.
Use the poll below to identify which insurance category affects your wallet the most:
21% (7 votes)
27% (9 votes)
48% (16 votes)
3% (1 vote)
Business property insurance
0% (0 votes)
Total votes: 33
October 14, 2022 04:46 PM
Soldier arrested by cops at MoBay airport
Fury over decision to honour Machel Montano on Ja’s Independence Day
The decision to honour Trinidadian soca star Machel Montano with a Key to the City of Kingston has been met with scepticism by some social media users who have expressed concern that an entertainer fr
Donaldson ‘proud’ of Reggae Girlz after World Cup exit
Following the seventh match in the Round of 16 at the Women’s World Cup, Jamaica’s head coach Lorne Donaldson shared his thoughts after his team suffered a 1-0 loss to Colombia.
Both teams were ai
Reggae Girlz have fun in training ahead of round of 16 World Cup game
The Jamaica women’s national team might be 24 hours out from a historic game at the Women’s World Cup, but you couldn’t tell from the vibe around the training ground on Monday.
Players danced and s
Jamaican in US on J1 visa charged with abandoning baby in bushes
A Jamaican student in the United States on a J1 visa has been arrested after allegedly abandoning her newborn daughter in bushes in North Myrtle Beach in South Carolina on Sunday.
31-y-o talks early life in Jamaica, road to getting PhD from Harvard
Thirty-one-year-old Jemar Bather is yet to come to grips with the reality that he has successfully earned a Doctor of Philosophy (PhD) in Biostatistics from Harvard University.
“It felt surre
‘Porridge’ in hot water, accused of beating man with machete
A barber from Portmore, St Catherine, has been charged with wounding with intent following an incident in Naggo Head in the parish last Friday.
He is 39-year-old Kevin Dias, otherwise called ‘Porri