Latest Insurance industry News

President Donald Trump speaks during a campaign rally at Southern Wisconsin Regional Airport, Saturday, Oct. 17, 2020, in Janesville, Wis. (AP Photo/Andy Manis)

AP FACT CHECK: Trump's falsehoods on virus, taxes and Bidens

Oct. 20, 2020 6:40 PM EDT

WASHINGTON (AP) — Back fully campaigning after COVID-19 sidelined him, President Donald Trump returned to familiar form, spreading a litany of falsehoods. Over the weekend, he asserted yet again the virus was “rounding the corner” when it isn't, misrepresented Democratic rival Joe Biden's...

Sen. Gary Peters, D-Mich., speaks during an event for Democratic presidential candidate former Vice President Joe Biden at Michigan State Fairgrounds in Novi, Mich., Friday, Oct. 16, 2020. (AP Photo/Carolyn Kaster)

Obama boosts Peters' reelection bid in Michigan Senate ad

Oct. 20, 2020 5:34 PM EDT

LANSING, Mich. (AP) — Former President Barack Obama gives a boost to Gary Peters of Michigan in a new ad released Tuesday by the Democratic senator's reelection campaign. The 30-second spot shows Obama lauding his “friend” Peters, who is facing a challenge from Republican John James. Peters...

FILE - In this March 24, 2020 file photo, a Chase bank employee, right, disinfects the branches ATMs to fend off coronavirus as a customer uses another in the Flushing neighborhood of the Queens borough of New York. More Americans than ever obtained a basic bank account in 2019, the Federal Deposit Insurance Corp. said Monday, Oct. 19, 2020. But the report did not take into account the coronavirus pandemic and historic recession, government experts warned, and it's highly likely that a number of Americans will end up unbanked yet again. (AP Photo/Mary Altaffer, File)

Report showing gains in bank access overshadowed by COVID

Oct. 19, 2020 2:18 PM EDT

CHARLOTTE, N.C. (AP) — More Americans than ever obtained a basic bank account in 2019, the Federal Deposit Insurance Corp. said Monday. But data was gathered before the outbreak of the coronavirus pandemic and start of this historic recession. But the agency noted that the loss of jobs and incomes due to...

President Donald Trump talks with voters after an NBC News Town Hall, at Perez Art Museum Miami, Thursday, Oct. 15, 2020, in Miami. (AP Photo/Evan Vucci)

AP FACT CHECK: Trump sees what others do not in the pandemic

Oct. 17, 2020 8:34 AM EDT

WASHINGTON (AP) — “I believe we’re rounding the corner." “We’re a winner on the excess mortality.” “We have the vaccines coming and we have the therapies coming.” “We have done an amazing job.” President Donald Trump sees in the pandemic what...

President Donald Trump arrives to speak to a campaign rally at Middle Georgia Regional Airport, Friday, Oct. 16, 2020, in Macon, Ga. (AP Photo/Evan Vucci)

The Latest: Trump tries to explain lower fundraising numbers

Oct. 16, 2020 7:55 PM EDT

WASHINGTON (AP) — The latest on the presidential campaign (all times local): 7:55 p.m. President Donald Trump says he “could be the world’s greatest fundraiser,” but he doesn’t want to put in the work or have to “do things” in return for his donors. Trump claimed...

Sen. Ted Cruz, R-Texas, reacts to a comment made by Sen. Ben Sasse, R-Neb., about the Houston Astros during the confirmation hearing for Supreme Court nominee Amy Coney Barrett, before the Senate Judiciary Committee, Wednesday, Oct. 14, 2020, on Capitol Hill in Washington. (Greg Nash/Pool via AP)

AP FACT CHECK: Sen. Cruz scrambles the stats on Obamacare

Oct. 14, 2020 4:54 PM EDT

WASHINGTON (AP) — Senators examining Amy Coney Barrett's nomination to the Supreme Court heard a wildly inaccurate statement from one of their own Wednesday about how much health insurance premiums have risen since the inception of “Obamacare.” Republican Sen. Ted Cruz of Texas scrambled the...

This July 12, 2019, photo shows the UnitedHealthcare headquarters in Minneapolis. UnitedHealth Group beat forecasts for its earnings in the third quarter, and the U.S.'s largest health insurance provider finally hiked its 2020 outlook after holding off while trying to sort out COVID-19’s impact. (AP Photo/Jim Mone, File)

UnitedHealth tops profit forecast, finally hikes outlook

Oct. 14, 2020 11:29 AM EDT

UnitedHealth Group beat third-quarter earnings expectations and finally hiked its 2020 forecast after holding off while trying to gauge COVID-19’s impact. But the nation's largest health insurance provider also is thinking conservatively about its 2021 growth prospects as the coronavirus continues to...

Judge rejects N.C. political donor's prison delay request

Oct. 14, 2020 10:44 AM EDT

CHARLOTTE, N.C. (AP) — An insurance company magnate and major North Carolina political donor convicted on corruption-related counts months ago must begin his federal prison term next week, a judge has ruled. U.S. District Judge Max Cogburn rejected Greg E. Lindberg's request that his active sentence be...

FILE - In this July 19, 2006 file photo, a woman walks next to a

Surprising things renters insurance covers — and leaves out

Oct. 14, 2020 6:56 AM EDT

Insurance is designed to offer peace of mind, but there’s a reason your policy has all that fine print: You might not have the coverage you expect. Like any other insurance policy, renters insurance has exclusions, and knowing about them ahead of time can help you avoid unexpected bills in a disaster. ...

Melissa Wilhelm Szymanski sits with her dog Cooper at home in Glastonbury, Conn., on Saturday, Sept. 19, 2020. Wilhelm Szymanski got sick earlier this year and wound up with a $3,200 bill because she wasn't diagnosed initially with COVID-19. Even though dozens of insurers and the federal government are offering to pick up all treatment costs during the pandemic, many holes remain for big bills to surprise patients. (AP Photo/Jessica Hill)

COVID-19 coverage safety net has plenty of holes in US

Oct. 11, 2020 9:41 AM EDT

COVID-19 can do more than torment patients physically. It also clobbers some financially. Even though many insurers and the U.S. government have offered to pick up or waive costs tied to the virus, holes remain for big bills to slip through and surprise patients. People who weren't able to get a test showing they...