Tag: Insurance industry

Few earthquake-insured Missouri homes amid rising costs

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COLUMBIA, Mo. — The percentage of homes with earthquake insurance in Missouri's highest-risk areas is at a historic low amid rising costs for coverage....

Witness: Commissioner used arson money to buy campaign signs

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ATLANTA — Suspended Georgia Insurance Commissioner Jim Beck improperly took money from the private insurer he led and used it to buy campaign signs...

UnitedHealth raises outlook after strong second quarter

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MINNETONKA, Minn. — UnitedHealth Group boosted its full-year outlook for a second time this year after a surprisingly strong second quarter despite sustained, elevated...

Company: Insured losses from Elsa could be $290 million

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ATLANTA — A company that estimates damage from natural disasters says insured losses on land from Hurricane Elsa will be around $290 million. ...

Judge sets July hearing on Boy Scouts settlement agreement

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DOVER, Del. — A bankruptcy judge has set a July 29 hearing on the proposed $850 million settlement agreement the Boy Scouts of America...

In crosshairs of ransomware crooks, cyber insurers struggle

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BOSTON — In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help...

Boy Scouts of America reaches pivotal agreement with victims

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DOVER, Del. — The Boys Scouts of America have reached an agreement with attorneys representing some 60,000 victims of child sex abuse in what...

Boys Scout bankruptcy plans angers some, welcomed by others.

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NEW YORK — An $850 million agreement by the Boy Scouts of America to compensate sex-abuse victims prompted outrage Friday from some survivors and...

North Dakota law aimed at regulating PBMs gets support

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BISMARCK, N.D. — A coalition of attorneys general from nearly three dozen states and nine pharmacy associations are supporting a North Dakota law aimed...

Trump-era law on surprise medical bills advances under Biden

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WASHINGTON — The Biden administration on Thursday began putting in place consumer protections against “surprise” medical bills enacted in bipartisan legislation signed last year...