Tag: insurers
U.S. Prosecutors Accuse Large Insurers of Paying Kickbacks for Private Medicare Plans
The Justice Department accused large insurers of colluding with national brokers to steer older people and those with disabilities toward coverage tha [...]
UnitedHealth’s guidance cut may mean trouble for more insurers
UnitedHealth Group's stock sank 20% on Thursday after the company slashed its annual profit forecast, citing higher-than-expected medical costs in its [...]
EU watchdog wants insurers’ crypto holdings 100% covered, citing volatility
The European Union’s insurance authority has proposed a blanket rule that would mandate insurance firms to maintain capital equal to the value of thei [...]
ICYMI – China’s life insurers could unleash powerful new gold demand
TD Securities notes that the Shanghai Gold Exchange has admitted four major Chinese life insurance companies as members under a new pilot program, pot [...]
Biden to Propose That Insurers Cover Over-the-Counter Birth Control
The new rules under the Affordable Care Act would include emergency contraception, a newly approved nonprescription birth control pill, spermicides an [...]
Biden mental health care push targets insurers
A young woman sits on a couch with her therapist.Sdi Productions | E+ | Getty ImagesThe Biden administration plans to crack down on health insurance p [...]
Ian will ‘financially ruin’ homeowners and insurers
President Joe Biden declared nine counties disaster areas Thursday, making residents eligible for federal aid to pay for minor home repairs, short-te [...]
Republicans Force Removal of Insulin Cap for Private Insurers
Senate Republicans on Sunday forced the removal of a Democratic proposal that would have capped insulin prices at $35 for private insurers, even as se [...]
11% of US insurers invest — or are interested in investing — in crypto
United States based insurers are the most interested in cryptocurrency investment according to a Goldman Sachs global survey of 328 chief financial an [...]
Russia crisis begins disrupting Ukraine air travel as insurers drop some aircraft coverage
An Ukraine International Airlines passenger plane is seen as Turkey's first official spotter area has been put into service for aviation enthusiasts a [...]
Insurers Will Have to Cover 8 At-Home Virus Tests Per Month
WASHINGTON — Private insurers will soon have to cover the cost of eight at-home coronavirus tests per member per month, the Biden administration sa [...]
Auto insurance coverage charges rise, however insurers brace for greater prices forward
An worker at a used auto dealership treads water as he checks on autos they're shifting out of the rising waters from two days of heavy rain in Lex [...]
Life insurers’ foreign exchange losses rise 60 p.c in April
By Kao Shih-ching / Workers reporter
[...]
Insurers brace for lawsuits as staff return to the workplace
As U.S. companies convey staff again to the workplace, massive insurers like Chubb, AIG and Vacationers are bracing for an onslaught of claims asso [...]