Latest Insurance industry regulation News
Indonesian leader promises compensation for plane crash
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...
Biden charts new US direction, promises many Trump reversals
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...
NRA declares bankruptcy, plans to incorporate in Texas
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
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
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...
Loeffler, Perdue run hard-line pitch in swing state Georgia
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...
Loeffler, Perdue run hard-line pitch in swing state Georgia
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...
The Latest: South Korea enforces tough measures in prisons
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...
Chinese regulators order Ant Group to rectify its businesses
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...
Consumer relief: COVID bill to end 'surprise' medical bills
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...
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