Latest Insurance industry News

FILE - In this April 14, 2020, file photo FDNY firefighters gather to applaud medical workers as attending physician Mollie Williams, left, wears personal protective equipment due to COVID-19 concerns outside Brooklyn Hospital Center in New York. Essential workers are lauded for their service and hailed as everyday heroes. But in most states nurses, first responders and frontline workers who get COVID-19 on the job have no guarantee they'll qualify for workers' comp to cover lost wages and medical care. (AP Photo/John Minchillo, File)

COVID-19 heroes must jump through hoops for workers' comp

Jul. 11, 2020 8:21 AM EDT

WASHINGTON (AP) — Lauded for their service and hailed as everyday heroes, essential workers who get the coronavirus on the job have no guarantee in most states they'll qualify for workers' compensation to cover lost wages and medical care. Fewer than one-third of the states have enacted policies that shift...

President Donald Trump listens during a roundtable on Venezuela at Iglesia Doral Jesus Worship Center, Friday, July 10, 2020, in Doral, Fla. (AP Photo/Evan Vucci)

Judge tosses Trump rule on billing for abortion coverage

Jul. 10, 2020 5:48 PM EDT

WASHINGTON (AP) — A federal judge in Baltimore on Friday struck down a Trump administration rule that abortion rights advocates called a maneuver to restrict access but officials defended as merely following the law. The decision by U.S. District Judge Catherine C. Blake affects women covered under the...

FILE - This April 7, 2020, file photo shows an Allstate sign in Northbrook, Ill. Allstate says it has agreed to acquire National General Holdings Corp. for $4 billion in cash as it expands its insurance portfolio. National General shareholders will get $32 per share from Allstate, plus closing dividends of about $2.50 per share, for a total of about $34.50 per share. National General offers a range of property-liability products through independent agents including “non-standard” auto insurance, the Northbrook, Ill.-based Allstate said.(AP Photo/Nam Y. Huh, File)

Allstate acquires National General for $4 billion in cash

Jul. 8, 2020 9:21 AM EDT

SILVER SPRING, Md. (AP) — Allstate is buying National General Holdings for $4 billion in cash, expanding the scope of its insurance holdings. National General shareholders will get $32 per share that they hold, plus closing dividends of about $2.50 per share, for a total of about $34.50 each. National...

Insurer Centene plans 3,200 jobs at new N.C. regional hub

Jul. 1, 2020 2:55 PM EDT

RALEIGH, N.C. (AP) — Government health insurance provider Centene Corp. said on Wednesday it will build an East Coast campus in Charlotte, North Carolina, developing a $1 billion construction project that's expected to create more than 3,200 new jobs by 2032. Gov. Roy Cooper described the expansion as the...

Striking shipbuilders picket outside an entrance to Bath Iron Works, Monday, June 22, 2020, in Bath, Maine. The vast majority of picketers did not wear pandemic facemarks. (AP Photo/Robert F. Bukaty)

Striking shipbuilders are losing health coverage in pandemic

Jun. 30, 2020 8:38 PM EDT

PORTLAND, Maine (AP) — The stakes are growing in a strike against Navy shipbuilder Bath Iron Works during a global pandemic as company-provided health insurance is running out for 4,300 shipbuilders who've left their jobs. Striking workers from Machinists Union Local S6 will be responsible for their own...

Washington tribes sue insurance group for virus coverage

Jun. 29, 2020 3:45 PM EDT

BREMERTON, Wash. (AP) — Two Washington state Native tribes sued a group of insurance providers they said have not covered claims for business losses resulting from the coronavirus. The Suquamish and Port Gamble S’Klallam tribes and their business arms filed separate lawsuits against Tribal First...

House Speaker Nancy Pelosi of Calif., speaks during news conference unveiling the Patient Protection and Affordable Care Enhancement Act on Capitol Hill in Washington on Wednesday, June 24, 2020. (AP Photo/Manuel Balce Ceneta)

With a jab at Trump, Pelosi unveils new 'Obamacare' bill

Jun. 24, 2020 4:04 PM EDT

WASHINGTON (AP) — Flicking a dismissive jab at President Donald Trump, House Speaker Nancy Pelosi unveiled a plan Wednesday to expand “Obamacare," even as Trump's administration is about to file arguments in a Supreme Court case to strike it down. Pelosi announced an upcoming floor vote on her...

Health and Human Services Secretary Alex Azar speaks during a roundtable with President Donald Trump about America's seniors, in the Cabinet Room of the White House, Monday, June 15, 2020, in Washington. (AP Photo/Evan Vucci)

White House wins ruling on health care price disclosure

Jun. 24, 2020 12:33 PM EDT

WASHINGTON (AP) — The Trump administration won a court ruling Tuesday upholding its plan to require hospitals and insurers to disclose the actual prices for common tests and procedures in a bid to promote competition and push down costs. Health and Human Services Secretary Alex Azar called the decision in...

FILE - In this April 8, 2020, file photo, an empty Parkview Field minor league baseball stadium is viewed in downtown Fort Wayne, Ind. Minor league umpires are out of jobs so far and maybe all year with no minor league seasons due to the coronavirus pandemic. (Mike Moore/The Journal-Gazette via AP, File)

MiLB teams sue insurance providers over denied virus claims

Jun. 23, 2020 8:26 PM EDT

Fifteen minor league baseball teams have filed a lawsuit alleging breach of contract by insurance providers after being denied claims for business-interruption insurance due to the coronavirus pandemic. Major League Baseball announced Monday that it will attempt to play a 60-game regular season, but its minor...

In this undated photo supplied courtesy of the Mini family, the late South African doctor and activist Dr. Clarence Mini is photographed in his doctors' uniform. Clarence Mini, a South African activist and doctor who died of COVID-19 spent his life fighting apartheid, the government's denial of HIV/AIDS and rampant corruption. Loved ones say Mini knew the odds were against him but he was committed to what he believed was right. He died in May, 2020 at age 69. (Photo courtesy of the Mini family via AP)

Lives Lost: South African activist targeted apartheid, HIV

Jun. 19, 2020 1:03 AM EDT

JOHANNESBURG (AP) — Clarence Mini's life was marked by battles against formidable foes. The South African doctor fought apartheid — receiving his medical training in exile — the government's denial of HIV/AIDS and rampant corruption. Loved ones say Mini, who recently died of COVID-19 at age...