Insurance industry

FILE - In this Jan. 10, 2020, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 15. (AP Photo/Richard Drew)
January 15, 2020 - 1:54 pm
The Dow Jones Industrial Average closed above 29,000 points for the first time and the S&P 500 index hit its second record high in three days Wednesday. The milestones came on a day when the market traded in a narrow range as investors weighed the latest batch of corporate earnings reports and...
Read More
FILE - In this Dec. 4, 2017 file photo, a person looks over a health insurance benefit comparison chart in Georgia. The new year often starts harshly for people with high-deductible health insurance. Many of those deductibles reset Jan. 1, forcing patients to pay thousands of dollars for care before most coverage starts. (AP Photo/David Goldman, File)
January 15, 2020 - 9:25 am
The new year often starts harshly for people with high-deductible health insurance. Many deductibles reset Jan. 1, forcing patients to pay thousands of dollars for care or prescriptions before most insurance coverage starts. Such a financial hit can be brutal for patients with cancer or a chronic...
Read More
FILE - This Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Jim Mone, File)
January 15, 2020 - 3:41 am
UnitedHealth Group’s net income jumped 16% in the fourth quarter as the nation’s biggest health insurer ended 2019 by topping Wall Street’s earnings expectations again. But the Minnetonka, Minnesota, company missed forecasts for revenue, but on Wednesday reaffirmed profit expectations for 2020,...
Read More
January 06, 2020 - 4:47 pm
ATLANTA (AP) — An Atlanta couple said they came home from a winter vacation to find their house had been ransacked by an unusual suspect: a squirrel. Kari and Dustin Drees bought their first home last month in Atlanta's affluent Buckhead district and went to visit family a week later, news outlets...
Read More
January 02, 2020 - 2:54 pm
HARTFORD, Conn. (AP) — A major insurer is limiting its coverage of companies in the fossil fuel business, citing concerns about climate change. The Hartford Financial Services Group Inc. won't cover companies that get more than a quarter of their revenue from thermal coal mining or that produce...
Read More
FILE - In this Oct. 27, 2019, file photo Woodbridge firefighter Joe Zurilgen passes a burning home as the Kincade Fire rages in Healdsburg, Calif. California's massive property insurance market is feeling the effects of three straight years of damaging wildfires. Insurers have pulled out of some markets and canceled thousands of policies, forcing regulators to step in and expand a state program that homeowners often turn to as a last resort. (AP Photo/Noah Berger, File)
December 24, 2019 - 12:11 pm
NEW YORK (AP) — Kent Michitsch seemed to be running out of traditional options to insure the home he’s lived in for more than 30 years northeast of San Diego as California’s massive property insurance market reels from three consecutive years of destructive wildfires. Michitsch, 57, has received...
Read More
December 20, 2019 - 2:05 pm
SACRAMENTO, Calif. (AP) — One of Northern California's largest health systems will pay $575 million to settle claims that it used anti-competitive practices to bump up costs for patients, the state's attorney general said Friday, though that falls short of damages sought in a related private...
Read More
December 18, 2019 - 6:16 am
New York Life will spend more than $6 billion in cash to acquire the group life and disability coverage business of the insurer Cigna. New York Life said Wednesday that the deal will add millions of customers to its business. Cigna Corp. gets a significant amount of cash that it will use to buy...
Read More
Democratic presidential candidate South Bend, Ind., Mayor Pete Buttigieg waits backstage as he is introduced to speak at the Iowa Farmers Union Presidential Forum, Friday, Dec. 6, 2019, in Grinnell, Iowa. (AP Photo/Charlie Neibergall)
December 14, 2019 - 11:48 am
DES MOINES, Iowa (AP) — Kim Motl doesn’t work in the health insurance industry. But her friends and neighbors do. So when she saw Sen. Elizabeth Warren recently in Fort Dodge, Iowa, Motl pressed the Democratic presidential candidate about her “Medicare for All” plan, which would replace private...
Read More
Democratic presidential candidate and Mayor of South Bend, Ind., Pete Buttigieg speaks during a campaign stop at the Danceland Ballroom Saturday, Dec. 7, 2019, in Davenport. (Meg McLaughlin/The Dispatch - The Rock Island Argus via AP)
December 10, 2019 - 7:47 pm
NEW YORK (AP) — Facing intense pressure to answer questions about his work in the private sector, Democratic presidential contender Pete Buttigieg on Tuesday disclosed a roster of former consulting clients that include a major health insurance provider, a nationwide electronics retailer, the U.S...
Read More

Pages