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Insurance industry

In this 2014 photo, Randy Sullivan poses for a photo in Ketchikan, Alaska. Sullivan was the pilot of one of the two sightseeing planes that crashed in midair Monday, May 13, 2019, the National Transportation Safety Board announced after a team arrived from Washington, D.C., to investigate the crash. Alaska State Troopers in a statement late Tuesday said Sullivan was killed in the crash. (James Glionna/Los Angeles Times via AP)
May 15, 2019 - 8:06 pm

Profiles of victims from deadly Alaska mid-air collision

ANCHORAGE, Alaska (AP) — A newly married couple, a pilot who used his family's savings to buy his own plane, a devoted family man from Australia and an office manager at an insurance company with a vivacious personality and a heart of gold were among the six victims in this week's deadly mid-air...
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FILE - This Feb. 5, 2015, file photo shows the Anthem logo at the health insurer's corporate headquarters in Indianapolis. The Justice Department says a grand jury has indicted Fujie Wang and another Chinese man identified only as John Doe for hacking into the computers of health insurer Anthem Inc. and three other, unnamed companies, in an indictment unsealed Thursday, May 9, 2019, in Indianapolis. (AP Photo/Michael Conroy, File)
May 09, 2019 - 9:41 pm

2 Chinese men indicted for hacking Anthem

INDIANAPOLIS (AP) — A federal grand jury has indicted two members of "extremely sophisticated" hacking group operating from China in the 2014-2015 theft of the personal information of nearly 79 million customers of insurer Anthem Inc., the biggest known health care hack in U.S. history. The Justice...
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President Donald Trump speaks during a event on medical billing, in the Roosevelt Room of the White House, Thursday, May 9, 2019, in Washington. (AP Photo/Evan Vucci)
May 09, 2019 - 3:13 pm

Trump calls on Congress to end 'surprise medical bills'

WASHINGTON (AP) — President Donald Trump on Thursday called for an end to "surprise medical bills," the astonishingly high charges insured patients can face when a member of a medical team that treats them is not in their insurer's network. "Not a pleasant surprise," Trump said of bills that arrive...
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President Donald Trump speaks during a event on medical billing, in the Roosevelt Room of the White House, Thursday, May 9, 2019, in Washington. (AP Photo/Evan Vucci)
May 09, 2019 - 12:59 pm

The Latest: Trump proposes end to 'surprise medical bills'

WASHINGTON (AP) — The Latest on President Donald Trump's effort to limit "surprise medical bills" (all times local): 1 p.m. President Donald Trump is ratcheting up pressure on the pharmaceutical industry to lower prices and announcing a new effort to end "surprise medical bills" for patients with...
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FILE- This Dec. 3, 2018, file photo shows homes leveled by the Camp Fire line the Ridgewood Mobile Home Park retirement community in Paradise, Calif. Insurance claims for California's deadly November 2018 wildfires have topped $12 billion. That makes them the most expensive series of fires in state history. The number released Wednesday May 8, 2019 by Insurance Commissioner Ricardo Lara covers the fire that destroyed the Northern California town of Paradise and two Southern California fires. Most of the damages relate to the Paradise fire, which killed 85 people and destroyed nearly 19,000 buildings. (AP Photo/Noah Berger, File)
May 08, 2019 - 7:35 pm

Insurance claims from deadly California wildfires top $12B

SACRAMENTO, Calif. (AP) — Insurance claims have topped $12 billion for the November wildfires in California, making them the most expensive in state history. The figure released Wednesday by Insurance Commissioner Ricardo Lara covers the fire that largely destroyed the town of Paradise and two...
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FILE - In this Jan. 30, 2019, file photo, Insys Therapeutics founder John Kapoor leaves federal court in Boston. On Thursday, May 2, 2019, Kapoor was found guilty in a scheme to bribe doctors to boost sales of a highly addictive fentanyl spray meant for cancer patients with severe pain. (AP Photo/Steven Senne, File)
May 02, 2019 - 9:24 pm

Pharmaceutical exec guilty of bribing doctors to push opioid

BOSTON (AP) — A pharmaceutical company founder accused of paying doctors millions in bribes to prescribe a highly addictive fentanyl spray was convicted Thursday in a case that exposed such marketing tactics as using a stripper-turned-sales-rep to give a physician a lap dance. John Kapoor, the 76-...
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Democratic presidential candidate Sen. Bernie Sanders, I-Vt., Bernie Sanders speaks during a rally at Discovery Green on Wednesday, April 24, 2019, in Houston. (Brett Coomer/Houston Chronicle via AP)
May 01, 2019 - 7:06 pm

Budget office: Caveats to government-run health system

WASHINGTON (AP) — Congressional budget experts said Wednesday that moving to a government-run health care system like "Medicare for All" could be complicated and potentially disruptive for Americans. The report from the nonpartisan Congressional Budget Office was a high-level look at the pros and...
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FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health reports financial results Wednesday, May 1, 2019. (AP Photo/Rogelio V. Solis, File)
May 01, 2019 - 8:24 am

CVS beats all around and ups expectations for the year

Earnings power from a major acquisition helped push profit at CVS Health up 42% in the first quarter and the company raised its 2019 forecast after it had started the year with a more pessimistic outlook. CVS now expects adjusted earnings this year to range from $6.75 to $6.90 per share. That's up...
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April 30, 2019 - 9:45 am

Judge calls insurer 'barbaric' for denying cancer therapy

MIAMI (AP) — A federal judge in Miami recused himself from judging a lawsuit over an insurance company's denial of coverage for a prostate cancer treatment, calling it "immoral and barbaric." The Miami Herald reports U.S. District Judge Robert Scola cited his personal experience with prostate...
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FILE - In this April 3, 2019 file photo, TobyMacFarlane departs federal court in Boston after facing charges in a nationwide college admissions bribery scandal. Authorities said Tuesday, April 23, that MacFarlane, a former senior executive at a title insurance company, will plead guilty to racketeering conspiracy and cooperate with federal authorities in the case. (AP Photos/Michael Dwyer, File)
April 23, 2019 - 5:20 pm

Ex-USC coach, parent to plead guilty in college bribery scam

BOSTON (AP) — A former University of Southern California soccer coach and a California insurance executive became the latest people to agree to plead guilty in a college admissions cheating scandal that has netted prominent parents and Hollywood stars, federal prosecutors said Tuesday. Laura Janke...
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