Latest Insurance industry News

Parents of Albuquerque kids injured in crash sue car driver

Jun. 19, 2022 17:09 PM EDT

ALBUQUERQUE, N.M. (AP) — The parents of three children injured in a crash involving an Albuquerque Public Schools bus four months ago have filed a lawsuit against the driver of the speeding car involved and his insurance company. The Albuquerque Journal reported Sunday that the 2nd...

California bill would make gunowners buy liability insurance

Jun. 16, 2022 19:51 PM EDT

SACRAMENTO, Calif. (AP) — California would be the first state to require gun owners to buy liability insurance to cover the negligent or accidental use of their firearms, if lawmakers approve a measure announced Thursday. “Guns kill more people than cars. Yet gun owners are not...

Hawaii's governor signs 3 bills supporting LGBTQ community

Jun. 16, 2022 18:39 PM EDT

HONOLULU (AP) — Hawaii Gov. David Ige on Thursday signed three bills supporting Hawaii's LGBTQ community. The legislation "will help us identify and address social and community issues more effectively and ensure that we can work to prevent discrimination in many areas of our...

2 Georgia hospitals fined for not publicly disclosing prices

Jun. 10, 2022 15:41 PM EDT

ATLANTA (AP) — Federal officials have fined two Georgia hospitals more than $1 million for failing to meet new requirements to publicly disclose their charges. Northside Hospital Atlanta and Northside Hospital Cherokee are the first two hospitals in the country to face monetary...

Geico facing payout to woman who got HPV after sex in car

Jun. 09, 2022 17:22 PM EDT

KANSAS CITY, Mo. (AP) — Geico could be required to pay a Missouri woman $5.2 million because she said she contracted a sexually transmitted disease while having sex in the car of a man who is insured by the company. A three-judge panel of the Missouri Court of Appeals on Tuesday...

FTC plans inquiry into pharmacy benefit manager practices

Jun. 07, 2022 16:26 PM EDT

The Federal Trade Commission is starting an inquiry into the operations of pharmacy benefit managers who control access to prescription drugs for millions of Americans. The consumer protection agency said Tuesday that that it will order the nation’s largest PBMs to provide a range...

Editorial Roundup: Florida

Jun. 01, 2022 14:49 PM EDT

South Florida Sun Sentinel. May 31, 2022. Editorial: How Attorney General Ashley Moody failed Floridians The eyes of Texas’ legal establishment are on its disgraced attorney general, Ken Paxton. The Texas Bar has taken steps to discipline Paxton for...

Phoenix cops find 1,200 catalytic converters as thefts soar

May. 27, 2022 19:53 PM EDT

PHOENIX (AP) — An Arizona man was facing multiple theft charges Friday after detectives found more than 1,200 catalytic converters packed into a storage unit, a case that highlights a national surge in thefts of the pricy auto parts that play a critical role in reducing vehicle emissions. ...

Florida gov signs condo safety bill after building collapse

May. 26, 2022 19:10 PM EDT

TALLAHASSEE, Fla. (AP) — Florida will require statewide recertification of condominiums over three stories tall under new legislation Republican Gov. Ron DeSantis signed into law Thursday as a response to the Surfside building collapse that killed 98 people. But while the measure...

Florida Gov. DeSantis signs property insurance legislation

May. 26, 2022 18:47 PM EDT

TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis on Thursday signed into a law sweeping property insurance legislation that creates a $2 billion reinsurance fund and rewrites rules on coverage denials and attorney fees, in a move to stabilize rising costs and insurer losses. ...