Insurance industry

In this 2014 photo, Randy Sullivan poses for a photo in Ketchikan, Alaska. Sullivan was the pilot of one of the two sightseeing planes that crashed in midair Monday, May 13, 2019, the National Transportation Safety Board announced after a team arrived from Washington, D.C., to investigate the crash. Alaska State Troopers in a statement late Tuesday said Sullivan was killed in the crash. (James Glionna/Los Angeles Times via AP)
May 15, 2019 - 7:06 pm
ANCHORAGE, Alaska (AP) — A newly married couple, a pilot who used his family's savings to buy his own plane, a devoted family man from Australia and an office manager at an insurance company with a vivacious personality and a heart of gold were among the six victims in this week's deadly mid-air...
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FILE- In a June 23, 2015, file photo, traffic heads north along the Lodge freeway in Detroit. Michigan, the state with the highest car insurance premiums in the country, is on the verge of a political showdown over long-running efforts to cut rates by reining in generous medical benefits. The Republican-led Legislature is pushing to save people money by making mandatory unlimited medical coverage optional, but Democratic Gov. Gretchen Whitmer opposes dueling bills that have cleared the House and Seante. (AP Photo/Carlos Osorio, File)
May 11, 2019 - 9:16 am
LANSING, Mich. (AP) — The state with the highest car insurance premiums in the country is on the verge of a political showdown over long-running efforts to cut rates by reining in generous medical benefits. Auto-friendly Michigan, which is among a dozen "no-fault" states where drivers must buy...
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FILE - This Feb. 5, 2015, file photo shows the Anthem logo at the health insurer's corporate headquarters in Indianapolis. The Justice Department says a grand jury has indicted Fujie Wang and another Chinese man identified only as John Doe for hacking into the computers of health insurer Anthem Inc. and three other, unnamed companies, in an indictment unsealed Thursday, May 9, 2019, in Indianapolis. (AP Photo/Michael Conroy, File)
May 09, 2019 - 8:41 pm
INDIANAPOLIS (AP) — A federal grand jury has indicted two members of "extremely sophisticated" hacking group operating from China in the 2014-2015 theft of the personal information of nearly 79 million customers of insurer Anthem Inc., the biggest known health care hack in U.S. history. The Justice...
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President Donald Trump speaks during a event on medical billing, in the Roosevelt Room of the White House, Thursday, May 9, 2019, in Washington. (AP Photo/Evan Vucci)
May 09, 2019 - 2:13 pm
WASHINGTON (AP) — President Donald Trump on Thursday called for an end to "surprise medical bills," the astonishingly high charges insured patients can face when a member of a medical team that treats them is not in their insurer's network. "Not a pleasant surprise," Trump said of bills that arrive...
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President Donald Trump speaks during a event on medical billing, in the Roosevelt Room of the White House, Thursday, May 9, 2019, in Washington. (AP Photo/Evan Vucci)
May 09, 2019 - 11:59 am
WASHINGTON (AP) — The Latest on President Donald Trump's effort to limit "surprise medical bills" (all times local): 1 p.m. President Donald Trump is ratcheting up pressure on the pharmaceutical industry to lower prices and announcing a new effort to end "surprise medical bills" for patients with...
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FILE- This Dec. 3, 2018, file photo shows homes leveled by the Camp Fire line the Ridgewood Mobile Home Park retirement community in Paradise, Calif. Insurance claims for California's deadly November 2018 wildfires have topped $12 billion. That makes them the most expensive series of fires in state history. The number released Wednesday May 8, 2019 by Insurance Commissioner Ricardo Lara covers the fire that destroyed the Northern California town of Paradise and two Southern California fires. Most of the damages relate to the Paradise fire, which killed 85 people and destroyed nearly 19,000 buildings. (AP Photo/Noah Berger, File)
May 08, 2019 - 6:35 pm
SACRAMENTO, Calif. (AP) — Insurance claims have topped $12 billion for the November wildfires in California, making them the most expensive in state history. The figure released Wednesday by Insurance Commissioner Ricardo Lara covers the fire that largely destroyed the town of Paradise and two...
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FILE - In this Jan. 30, 2019, file photo, Insys Therapeutics founder John Kapoor leaves federal court in Boston. On Thursday, May 2, 2019, Kapoor was found guilty in a scheme to bribe doctors to boost sales of a highly addictive fentanyl spray meant for cancer patients with severe pain. (AP Photo/Steven Senne, File)
May 02, 2019 - 8:24 pm
BOSTON (AP) — A pharmaceutical company founder accused of paying doctors millions in bribes to prescribe a highly addictive fentanyl spray was convicted Thursday in a case that exposed such marketing tactics as using a stripper-turned-sales-rep to give a physician a lap dance. John Kapoor, the 76-...
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FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health reports financial results Wednesday, May 1, 2019. (AP Photo/Rogelio V. Solis, File)
May 01, 2019 - 7:24 am
Earnings power from a major acquisition helped push profit at CVS Health up 42% in the first quarter and the company raised its 2019 forecast after it had started the year with a more pessimistic outlook. CVS now expects adjusted earnings this year to range from $6.75 to $6.90 per share. That's up...
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FILE - In this Sept. 24, 2018 file photo Bill Cosby arrives for his sentencing hearing at the Montgomery County Courthouse in Norristown, Pa. The Imprisoned actor says his insurance company is settling another lawsuit filed by a woman accuser without his permission. In a statement, Cosby accuses American International Group Inc. of “egregious behavior." The 81-year-old is serving a three- to 10-year prison term, after a jury found he sexually assaulted a woman at his home in 2004. (AP Photo/Matt Slocum, File)
April 16, 2019 - 12:55 pm
PHILADELPHIA (AP) — Bill Cosby's insurance company has settled another lawsuit filed by a female accuser a week before the imprisoned comedian was set to give a deposition in the case, prompting Cosby to call the insurer "complicit" in a scheme to destroy him. Former model Chloe Goins had accused...
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FILE - In this June 15, 2018 file photo, United Healthcare correspondence is seen in North Andover, Mass. UnitedHealth Group is reporting strong first-quarter driven by its main insurance business, as well as its pharmacy benefits division. The Minnetonka, Minn., company on Tuesday, April 16, 2019 reported net income of $3.47 billion, or $3.56 per share. Earnings, adjusted for amortization costs, were $3.73 per share, topping Wall Street estimates by 13 cents, according to a survey by Zacks Investment Research. (AP Photo/Elise Amendola, File)
April 16, 2019 - 11:27 am
UnitedHealth Group beat first-quarter expectations and hiked its 2019 forecast, but shares of the nation's largest health insurer continued their slump as investors worry about growing Congressional scrutiny of how the company and its competitors do business. Shares of health insurers and pharmacy...
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