Latest Personal insurance News

Fraud plagues disaster relief efforts

Aug. 17, 2019 3:01 AM EDT

PANAMA CITY, Fla. (AP) — As the scale and frequency of major disasters escalate, millions of dollars in federal, state and insurance payments intended for recovery efforts are being stolen by fraudsters taking advantage of chaos and the pipeline of aid flowing into the stricken areas. Last year,...

US health officials approve Montana reinsurance pool

Aug. 16, 2019 2:26 PM EDT

HELENA, Mont. (AP) — U.S. health officials have approved Montana's plan to create a reinsurance pool that aims to help lower individual health insurance premium costs, state officials said Friday. The Centers for Medicare and Medicaid Services approved a waiver that authorizes the reinsurance program, Gov....

Whistleblower accuses GE of fraud, misleading investors

Aug. 15, 2019 6:11 PM EDT

NEW YORK (AP) — A whistleblower who warned regulators about Bernard Madoff's Ponzi scheme is now accusing General Electric of misleading investors, sending the company's stock on a downward spiral. Investigator Harry Markopolos accused GE on Thursday of engaging in accounting fraud worth $38 billion,...

Way to pool small businesses for insurance gets final OK

Aug. 13, 2019 11:20 PM EDT

RALEIGH, N.C. (AP) — A way for North Carolina small businesses and sole proprietorships to join together and obtain more affordable individual health insurance is heading to Gov. Roy Cooper's desk after the measure received final legislative approval. The Senate voted 32-9 on Tuesday for the measure, which...

Louisiana health leaders defend Medicaid contract decisions

Aug. 13, 2019 3:59 PM EDT

BATON ROUGE, La. (AP) — Louisiana health department leaders Tuesday defended new Medicaid managed care contracts and tried to reassure lawmakers that health plan changes won't disrupt patient access to services, even as legal disputes threaten to create further complications. More than a half-million...

Editorials from around Ohio

Aug. 12, 2019 9:02 AM EDT

Recent editorials of statewide and national interest from Ohio newspapers: Tobacco will still be an issue despite age increase The Marietta Times Aug. 10 As Ohio this fall joins the 17 other states that have raised the age for purchasing all tobacco and electronic cigarettes to 21, parents and guardians need to...

Southern Illinois village at risk if no FEMA levee approval

Aug. 10, 2019 9:30 AM EDT

PRAIRIE DU ROCHER, Ill. (AP) — The fate of a Mississippi River levee that's awaiting a decision on federal accreditation could put a southern Illinois village at risk of destructive flooding, the village president says. If the levee in Prairie du Rocher loses Federal Emergency Management Agency...

Louisiana congressman questions Medicaid contract awards

Aug. 9, 2019 5:52 PM EDT

BATON ROUGE, La. (AP) — Gov. John Bel Edwards is facing questions about his administration's multibillion-dollar Medicaid contracting decisions from a fellow Democrat, U.S. Rep. Cedric Richmond. Richmond sent a letter to the governor Friday, raising concerns that the administration's new Medicaid managed...

Losing bidder on Louisiana Medicaid deal to dispute decision

Aug. 8, 2019 2:59 PM EDT

BATON ROUGE, La. (AP) — A Louisiana Medicaid managed care contractor that wasn't chosen to continue the job next year intends to challenge that decision, as some lawmakers question the wisdom of reshuffling one-third of the program's patients to new health plans. Four companies were selected by Gov. John...

NY makes it a crime to stage a car crash for insurance fraud

Aug. 8, 2019 1:04 PM EDT

ALBANY, N.Y. (AP) — New York state has a new law making it a felony to intentionally cause a car crash in order to collect an insurance payout. Gov. Andrew Cuomo, a Democrat, signed the legislation Thursday. While insurance fraud and reckless endangerment are already illegal, supporters say the new law...