Latest Insurance industry regulation News

Federal judge rules against insurers in COVID-19 lawsuit

Aug. 13, 2020 4:46 PM EDT

KANSAS CITY, Mo. (AP) — Four Missouri companies may proceed with a lawsuit seeking redress after their insurance company rejected their claims for coronavirus-related losses, a federal judge has ruled, in a decision that could have ramifications for hundreds of companies nationwide. “This is...

New Mexico health insurance co-op prepares to close

Aug. 12, 2020 9:09 AM EDT

SANTA FE, N.M. (AP) — A cooperative health insurance provider to 14,000 customers on New Mexico's subsidized marketplace will cease operations at the start of 2021. State insurance regulators announced Tuesday that New Mexico Health Connections will not be an option during the open enrollment period that...

President Donald Trump prepares to sign four executive orders during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. Seizing the power of his podium and his pen, Trump on Saturday moved to bypass the nation's elected lawmakers as he claimed the authority to defer payroll taxes and extend an expired unemployment benefit after negotiations with Congress on a new coronavirus rescue package collapsed.(AP Photo/Susan Walsh)

States strain to carry out Trump order on unemployment aid

Aug. 10, 2020 10:50 PM EDT

RICHMOND, Virginia (AP) — Governors and state labor department officials were scrambling Monday to determine whether they could implement President Donald Trump’s executive order to partially extend unemployment assistance payments to millions of Americans struggling to find work in the...

President Donald Trump speaks during an event at Burke Lakefront Airport in Cleveland, Ohio, Thursday, Aug. 6, 2020. (AP Photo/Susan Walsh)

AP FACT CHECK: Trump's smoke and mirrors on executive orders

Aug. 10, 2020 12:57 AM EDT

WASHINGTON (AP) — President Donald Trump isn't telling the full story when it comes to executive orders on coronavirus relief payments and health care. Over the weekend, the president suggested that his move to bypass Congress with executive action calling for up to $400 in weekly unemployment assistance...

President Donald Trump arrives to speak at Trump National Golf Club Bedminster in Bedminster, N.J., Friday, Aug. 7, 2020. (AP Photo/Susan Walsh)

AP FACT CHECK: Trump’s false push on preexisting conditions

Aug. 8, 2020 1:47 PM EDT

WASHINGTON (AP) — President Donald Trump is teasing the possibility of executive action to require health insurance companies to cover preexisting medical conditions, something that he says “has never been done before.” It’s been done before. People with such medical problems have...

Sununu vetoes four more bills, including 'red-flag' measure

Aug. 7, 2020 4:50 PM EDT

CONCORD, N.H. (AP) — Gov. Chris Sununu vetoed four more bills Friday, including one that would have allowed guns to be taken from people who present a danger to themselves or others. The batch of rejected bills also included one that would have required insurance plans that cover maternity benefits to also...

Treasury Secretary Steven Mnuchin speaks to reporters as White House chief of staff Mark Meadows stands left on Capitol Hill in Washington, Thursday, Aug. 6, 2020. (AP Photo/Carolyn Kaster)

Virus talks on brink of collapse, sides still 'far apart'

Aug. 6, 2020 10:34 PM EDT

WASHINGTON (AP) — Washington talks on vital COVID-19 rescue money are teetering on the brink of collapse after a marathon meeting in the Capitol Thursday night generated a wave of recriminations but little progress on the top issues confronting negotiators. “There’s a handful of very big...

Humira maker to settle California lawsuit for $24 million

Aug. 6, 2020 9:56 PM EDT

OAKLAND, Calif. (AP) — The maker of the drug Humira will pay $24 million to settle a California lawsuit that alleged it violated an insurance fraud law, the state Department of Insurance announced Thursday. AbbVie Inc. agreed to change the way it markets Humira but continues to deny wrongdoing, according...

FILE - In this May 1, 2020, file photo, campaign workers David Woodruff, left, and Jason White, right, deliver boxes of initiative petitions signatures to the Missouri secretary of state's office in Jefferson City, Mo. President Donald Trump is still trying to overturn “Obamacare,” but his predecessor’s health care law keeps gaining ground in places where it was once unwelcome. Missouri voters this week approved Medicaid expansion by a 53% to 47% margin, making the conservative state the seventh to do so under Trump. (AP Photo/David A. Lieb, File)

Obama's Medicaid expansion keeps gaining ground under Trump

Aug. 6, 2020 5:25 AM EDT

WASHINGTON (AP) — President Donald Trump is still trying to overturn “Obamacare,” but his predecessor's health care law keeps gaining ground in places where it was once unwelcome. Missouri voters this week approved Medicaid expansion by a 53% to 47% margin, making the conservative state the...

People wearing face masks to help protect against the spread of the coronavirus hold portable fans to cool themselves in the heat in Tokyo, Wednesday, Aug, 5, 2020. (AP Photo/Koji Sasahara)

The Latest: Japan region declares coronavirus emergency

Aug. 5, 2020 11:10 PM EDT

TOKYO — The governor of Japan’s Aichi Prefecture has announced a regional “state of emergency” seeking to curb the coronavirus. Gov. Hideaki Ohmura on Thursday asked businesses to close altogether or close early and urged people to stay home at night. The measures continue through Aug....