Insurance industry

February 01, 2019 - 1:22 pm
DES MOINES, Iowa (AP) — The Iowa Supreme Court says an insurance company doesn't have to pay for damages after a squirrel climbed onto an electrical transformer and triggered a high-voltage spark that damaged a city's power substation. The court ruled Friday that the city of West Liberty held an...
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FILE- In this Oct. 26, 2018, file photo Health and Human Services Secretary Alex Azar speaks about proposed reforms to Medicare Part B drug pricing policies at the Brookings Institute in Washington. The Trump administration says it is moving ahead with a plan to let patients directly receive prescription drug discounts negotiated behind-the-scenes between drugmakers, middlemen, and insurers. Azar said Thursday, Jan. 31, 2019, the proposed regulation would encourage the major industry players to channel any such discounts to consumers when they purchase their prescriptions. (AP Photo/Alex Brandon, File)
February 01, 2019 - 1:16 pm
WASHINGTON (AP) — The Trump administration's top health official asked Congress on Friday to pass its new prescription drug discount plan and provide it to all patients, not just those covered by government programs like Medicare. The plan would take now-hidden rebates among industry players like...
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FILE- In this Oct. 26, 2018, file photo Health and Human Services Secretary Alex Azar speaks about proposed reforms to Medicare Part B drug pricing policies at the Brookings Institute in Washington. The Trump administration says it is moving ahead with a plan to let patients directly receive prescription drug discounts negotiated behind-the-scenes between drugmakers, middlemen, and insurers. Azar said Thursday, Jan. 31, 2019, the proposed regulation would encourage the major industry players to channel any such discounts to consumers when they purchase their prescriptions. (AP Photo/Alex Brandon, File)
January 31, 2019 - 7:55 pm
WASHINGTON (AP) — The Trump administration Thursday unveiled a plan to channel now-hidden prescription drug rebates directly to patients, saying it would bypass middlemen and lower prices for consumers. The proposed regulation from Health and Human Services Secretary Alex Azar would eliminate...
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File - In this Jan. 29, 2019, file photo, a man crosses the street in front of a Pacific Gas and Electric building in San Francisco. Roughly 1,000 lawsuits representing thousands of people, companies, cities and counties that have been filed since late 2017 demanding that Pacific Gas & Electric Corporation pay for wildfire damages. They range from a rancher's $3,000 small claims complaint to insurance companies' demands for billions of dollars to reimburse their payouts to policyholders. (AP Photo/Jeff Chiu, file)
January 30, 2019 - 6:46 pm
SAN FRANCISCO (AP) — Lon Walker blames Pacific Gas & Electric Co. for starting a wildfire that killed his wife Ellen and destroyed their home near the California city of Paradise. Butte County cites PG&E for the same Nov. 8 fire that destroyed parks, schools and myriad other public property...
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German Finance Minister Olaf Scholz, left, and Chinese Vice Premier Liu He arrive for the China-Germany High Level Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, Friday, Jan. 18, 2019. (AP Photo/Andy Wong, Pool)
January 18, 2019 - 1:35 am
BEIJING (AP) — China and Germany have promised to open their markets wider to each other's banks and insurers, giving Beijing a diplomatic victory amid trade tension with Washington and other governments. The two sides on Friday affirmed support for the global trading system that other governments...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Tuesday, Jan. 15, 2019. (AP Photo/Jim Mone, File)
January 15, 2019 - 10:29 am
INDIANAPOLIS (AP) — UnitedHealth's fourth-quarter earnings slid 16 percent from last year, when a federal tax overhaul helped the nation's largest health insurer, but the performance still came in well above analyst expectations. The company's fast-growing Optum segment helped stoke results, with...
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Washington Gov. Jay Inslee speaks Tuesday, Jan. 8, 2019, at a news conference in Seattle. Inslee, a likely Democratic presidential candidate, announced a proposal for a public health insurance option for Washington state residents, the latest action by a Democratic governor to address Trump administration health policies they say are keeping people from getting the care they need. (AP Photo/Ted S. Warren)
January 08, 2019 - 7:39 pm
SEATTLE (AP) — Washington's governor and New York City's mayor unveiled major initiatives to expand health insurance coverage Tuesday, the latest moves by key Democratic leaders to address Trump administration health policies they say are keeping people from getting the care they need. Washington...
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Allyson Schwartz, president of Better Medicare Alliance, speaks during an Interview with the Associated Press in Washington, Wednesday, Dec. 12, 2018. The group, gaining influence in Washington as a champion for Medicare beneficiaries, is bankrolled by major health insurance companies that are trying to cash in on private coverage offered through the federal health insurance program.(AP Photo/Carolyn Kaster)
December 21, 2018 - 4:15 pm
WASHINGTON (AP) — A group gaining influence in Washington as a champion for Medicare beneficiaries is bankrolled by major health insurance companies that are trying to cash in on private coverage offered through the federal health insurance program. The Better Medicare Alliance claims a far-flung...
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FILE - In this Dec. 1, 2003 file photo, a person looks at oil sludge on a beach in Finisterre in Galicia, northwestern Spain. Spain's Supreme Court on Thursday Dec. 20, 2018, has ruled that the captain and the insurer of the Prestige oil tanker must pay more than 1.5 billion euros in compensation to Spain, France and authorities in Spain's Galicia region, as well as to another 269 companies, communities and individuals affected by the spill after Spain's biggest environmental disaster, when the ship sank in 2002. (AP Photo/Carmelo Alen, File)
December 20, 2018 - 11:34 am
MADRID (AP) — Spain's Supreme Court has ruled that the captain and the insurer of the Prestige oil tanker must pay more than 1.5 billion euros ($1.7 billion) in compensation for Spain's biggest environmental disaster, when the vessel sank in 2002. The court said in a statement Thursday that captain...
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FILE- In this Dec. 12, 2018, file photo trader Gregory Rowe works at the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EST on Monday, Dec. 17. (AP Photo/Mark Lennihan, File)
December 17, 2018 - 4:23 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The Dow Jones Industrial Average plunged 500 points, its second straight drop of that size and its fourth big decline this month. Longtime market favorites like Microsoft and Amazon took heavy losses Monday...
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