Latest Insurance industry regulation News

In this photo released by the Indonesian Presidential Palace, President Joko Widodo, left, confers with Transportation Minister Budi Karya Sumadi as they inspect pieces of the Sriwijaya Air flight SJ-182 retrieved from the Java Sea where the passenger jet crashed on Jan. 9, at Tanjung Priok Port in Jakarta, Indonesia, Wednesday, Jan. 20, 2021. The Indonesian leader on Wednesday reassured relatives of the passengers killed when the plane nosedived into the Java Sea that compensation is paid to family members struggled with grief. (Laily Rachev, Indonesian President Palace via AP)

Indonesian leader promises compensation for plane crash

Jan. 20, 2021 4:52 AM EST

JAKARTA, Indonesia (AP) — Indonesia's leader on Wednesday assured relatives of 62 people killed in a Sriwijaya Air plane crash that they will be compensated. President Joko Widodo visited the command center at Jakarta’s international container terminal where tons of plane debris hauled by divers...

President-elect Joe Biden and his wife Jill Biden arrive at Andrews Air Force Base, Tuesday, Jan. 19, 2021, in Andrews Air Force Base, Md. (AP Photo/Evan Vucci)

Biden charts new US direction, promises many Trump reversals

Jan. 20, 2021 12:34 AM EST

WASHINGTON (AP) — Stop. Stabilize. Then move — but in a vastly different direction. President-elect Joe Biden is pledging a new path for the nation after Donald Trump’s four years in office. That starts with confronting a pandemic that has killed 400,000 Americans and extends to sweeping...

FILE - This Feb. 29, 2020 file photo, National Rifle Association Executive Vice President and CEO Wayne LaPierre speaks at Conservative Political Action Conference, CPAC 2020, at the National Harbor, in Oxon Hill, Md. Houston. The National Rifle Association announced Friday, Jan. 15, 2021, it has filed for bankruptcy and will seek to incorporate the nation’s most politically influential gun-rights group in Texas instead of New York. (AP Photo/Jose Luis Magana, File)

NRA declares bankruptcy, plans to incorporate in Texas

Jan. 15, 2021 11:02 PM EST

AUSTIN, Texas (AP) — The National Rifle Association announced Friday it has filed for bankruptcy protection and will seek to incorporate the nation’s most politically influential gun-rights group in Texas instead of New York, where a state lawsuit is trying to put the organization out of business....

Some Uber, Lyft drivers sue over California ballot measure

Jan. 12, 2021 7:40 PM EST

LOS ANGELES (AP) — Drivers for app-based ride-hailing and delivery services filed a lawsuit Tuesday to overturn a California ballot initiative that makes them independent contractors instead of employees eligible for benefits and job protections. The lawsuit filed with the California Supreme Court said...

Lands chief again proposes dedicated funds to fight wildfire

Jan. 12, 2021 1:47 PM EST

SPOKANE, Wash. (AP) — After yet another year of catastrophic wildfires in Washington state, Commissioner of Public Lands Hilary Franz is once again proposing that the state create a dedicated fund to prevent and fight the fires. A similar attempt to use a surtax on home insurance premiums to raise money...

U.S. Sen. Kelly Loeffler, R-Ga.,talks to supporters during a campaign event Friday, Dec. 31, 2020 at McCray's Tavern in Marietta, Ga. (AP Photo/Ben Gray)

Loeffler, Perdue run hard-line pitch in swing state Georgia

Jan. 2, 2021 12:06 AM EST

ATLANTA (AP) — The merchandise featured in Sen. Kelly Loeffler’s online campaign store includes T-shirts and bumper stickers bearing Donald Trump’s name and the message: “Still my president.” The Georgia Republican is running television ads ahead of Tuesday’s Senate...

U.S. Sen. Kelly Loeffler, R-Ga.,talks to supporters during a campaign event Friday, Dec. 31, 2020 at McCray's Tavern in Marietta, Ga. (AP Photo/Ben Gray)

Loeffler, Perdue run hard-line pitch in swing state Georgia

Jan. 1, 2021 3:18 PM EST

ATLANTA (AP) — The merchandise featured in Sen. Kelly Loeffler’s online campaign store includes T-shirts and bumper stickers bearing Donald Trump’s name and the message: “Still my president.” The Georgia Republican is running television ads ahead of Tuesday’s Senate...

South Korea's Vice Justice Minister Lee Yong-gu speaks during a briefing at the government complex in Seoul, South Korea, Dec. 31, 2020. South Korea has enforced its toughest physical distancing rules at correctional facilities across the country after a major cluster of coronavirus infections flared at a Seoul prison. (Lee Jung-hun/Yonhap via AP)

The Latest: South Korea enforces tough measures in prisons

Dec. 30, 2020 11:10 PM EST

SEOUL, South Korea __ South Korea has enforced its toughest physical distancing rules at correctional facilities across the country after a major cluster of coronavirus infections flared at a Seoul prison. The Justice Ministry says that 792 people — 771 inmates and 21 staff — at Seoul’s...

FILE - In this Oct. 26, 2020, file photo, a view of the signage of Ant Group in the headquarters compound of the fintech giant in Hangzhou in eastern China's Zhejiang province. The People’s Bank of China, the country’s central bank, summoned Ant executives on Saturday, Dec. 26, 2020, and ordered them to formulate a rectification plan and an implementation timetable of its business, including its credit, insurance and wealth management services, the regulators said in a statement Sunday, Dec. 27, 2020.(Chinatopix Via AP, File)

Chinese regulators order Ant Group to rectify its businesses

Dec. 27, 2020 7:50 PM EST

HONG KONG (AP) — Chinese regulators have ordered Ant Group, the world’s largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country’s internet sector. The People’s Bank of...

FILE - In this late Wednesday, Dec. 16, 2020, file photo, the Los Angeles County+USC Medical Center's patient drop-off/pick-up area is seen in Los Angeles. People with private health insurance will finally see the nasty shock of “surprise” medical bills virtually gone, thanks to the coronavirus compromise reached in Congress. (AP Photo/Damian Dovarganes, File)

Consumer relief: COVID bill to end 'surprise' medical bills

Dec. 22, 2020 6:35 AM EST

WASHINGTON (AP) — People with private health insurance will see the nasty shock of “surprise” medical bills virtually gone, thanks to the coronavirus compromise passed by Congress. The charges that can run from hundreds to tens of thousands of dollars come from doctors and hospitals that are...