Insurance industry

File - In this Jan. 29, 2019, file photo, a man crosses the street in front of a Pacific Gas and Electric building in San Francisco. Roughly 1,000 lawsuits representing thousands of people, companies, cities and counties that have been filed since late 2017 demanding that Pacific Gas & Electric Corporation pay for wildfire damages. They range from a rancher's $3,000 small claims complaint to insurance companies' demands for billions of dollars to reimburse their payouts to policyholders. (AP Photo/Jeff Chiu, file)
January 30, 2019 - 4:41 pm
SAN FRANCISCO (AP) — Lon Walker blames Pacific Gas & Electric Co. for starting a wildfire that killed his wife Ellen and destroyed their home near the California city of Paradise. Butte County cites PG&E for the same Nov. 8 fire that destroyed parks, schools and myriad other public property...
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FILE - In this Nov. 9, 2018 file photo, Roger Bloxberg, right, and his wife, Anne, embrace as they watch a wildfire on a hill top near their home in West Hills, Calif. Insurance claims from California's deadly November 2018 wildfires have topped $11.4 billion. State Insurance Commissioner Ricardo Lara said Monday, Jan. 28, 2019, that more than $8 billion worth of damage comes from the fire that leveled the town of Paradise and killed 86 people. About $3 billion more is from two Southern California wildfires that ignited the same week. (AP Photo/Marcio Jose Sanchez, File)
January 28, 2019 - 5:20 pm
SACRAMENTO, Calif. (AP) — Insurance claims from California's deadly November 2018 wildfires have topped $11.4 billion, making the series of fires some of the most expensive in state history, officials said Monday. The latest tally adds to growing concerns about the future availability of home...
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FILE- This Oct. 5, 2012, file photo, shows a Kia optima's steering wheel inside of a Kia car dealership in Elmhurst, Ill. Kia says it will ignore the partial U.S. government shutdown and recall more than 68,000 vehicles to fix a fuel pipe problem that can cause engine fires. The problem stems from previous recall repairs due to engine failures. Kia is only doing the fix on 68,000 of its 618,000 vehicles. The fuel injector pipe recall covers some 2011 through 2014 Optima cars, 2012 through 2014 Sorrento SUVs, and 2011 through 2013 Sportage SUVs, all with 2-liter and 2.4-liter four-cylinder engines. (AP Photo/Nam Y. Huh, File)
January 22, 2019 - 3:27 pm
DETROIT (AP) — Owners of five Hyundai and Kia cars and SUVs file fire insurance claims at a rate far higher than the average for comparable vehicles, according to an insurance industry study. The Highway Loss Data Institute, which analyzes data from insurers representing about 85 percent of the U.S...
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German Finance Minister Olaf Scholz, left, and Chinese Vice Premier Liu He arrive for the China-Germany High Level Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, Friday, Jan. 18, 2019. (AP Photo/Andy Wong, Pool)
January 18, 2019 - 4:29 am
BEIJING (AP) — China and Germany promised Friday to open their markets wider to each other's banks and insurers, giving Beijing a burst of positive trade news amid conflicts with Washington and Europe. The two sides also affirmed support for a global trading system that other governments worry is...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Tuesday, Jan. 15, 2019. (AP Photo/Jim Mone, File)
January 15, 2019 - 6:49 am
INDIANAPOLIS (AP) — UnitedHealth's fourth-quarter earnings slid 16 percent from last year, when federal tax cuts helped the nation's largest health insurer, but the performance still came in well above analyst expectations. The company's fast-growing Optum segment helped stoke results, with...
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Washington Gov. Jay Inslee speaks at a news conference, Tuesday, Jan. 8, 2019, in Seattle. Inslee, a likely Democratic presidential candidate, announced a proposal for a public health insurance option for Washington state residents, the latest action by a Democratic governor to address Trump administration health policies they say are keeping people from getting the care they need. (AP Photo/Ted S. Warren)
January 08, 2019 - 5:34 pm
SEATTLE (AP) — Washington's governor and New York City's mayor unveiled major initiatives to expand health insurance coverage Tuesday, the latest moves by key Democratic leaders to address Trump administration health policies they say are keeping people from getting the care they need. Washington...
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January 08, 2019 - 3:13 pm
BERLIN (AP) — German insurance company Munich Re says the Northern California wildfire that killed dozens of people and burned down the town of Paradise was the world's costliest single natural disaster in 2018. The reinsurance giant said on Tuesday that the November fire caused overall losses of $...
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Allyson Schwartz, president of Better Medicare Alliance, speaks during an Interview with the Associated Press in Washington, Wednesday, Dec. 12, 2018. The group, gaining influence in Washington as a champion for Medicare beneficiaries, is bankrolled by major health insurance companies that are trying to cash in on private coverage offered through the federal health insurance program.(AP Photo/Carolyn Kaster)
December 21, 2018 - 3:15 pm
WASHINGTON (AP) — A group gaining influence in Washington as a champion for Medicare beneficiaries is bankrolled by major health insurance companies that are trying to cash in on private coverage offered through the federal health insurance program. The Better Medicare Alliance claims a far-flung...
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December 20, 2018 - 10:06 am
MADRID (AP) — Spain's Supreme Court has ruled that the captain and the insurer of the Prestige oil tanker must pay more than 1.5 billion euros ($1.7 billion) in compensation for Spain's biggest environmental disaster, when the vessel sank in 2002. The court said in a statement Thursday that captain...
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FILE- In this Dec. 12, 2018, file photo trader Gregory Rowe works at the New York Stock Exchange, Wednesday, Dec. 12, 2018, in New York. The U.S. stock market opens at 9:30 a.m. EST on Monday, Dec. 15. (AP Photo/Mark Lennihan, File)
December 17, 2018 - 3:23 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The Dow Jones Industrial Average plunged 500 points, its second straight drop of that size and its fourth big decline this month. Longtime market favorites like Microsoft and Amazon took heavy losses Monday...
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