Insurance industry

FILE - In this Oct. 8, 2019, file photo trader Mark Puetzer, center, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 15. (AP Photo/Richard Drew, File)
October 15, 2019 - 12:32 pm
Stocks notched solid gains on Wall Street Tuesday as investors welcomed surprisingly good quarterly results from some of the nation's biggest companies. Strong earnings from UnitedHealth Group, JPMorgan Chase and other companies helped lift the market, erasing modest losses from a day earlier...
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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, Oct. 14, 2019. (AP Photo/Jim Mone, File)
October 15, 2019 - 3:17 am
MINNEAPOLIS (AP) — UnitedHealth is reporting a 7% increase in revenue for the third quarter and it's raising its outlook for the year. The largest U.S. health insurer posted earnings of $3.54 billion, or $3.67 per share. Earnings, adjusted for one-time gains and costs, were $3.88 per share, which...
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FILE - In this Sept. 20, 2019, file photo, an American flag flutters in the breeze outside of the Sutter Medical Center in Sacramento, Calif. Opening arguments begin Thursday, Oct. 10, 2019, in the antitrust case against Sutter Health, one of California's largest hospital systems, which is facing a trial over accusations that it has used its market dominance to snuff out competition and overcharge patients for medical bills. (AP Photo/Rich Pedroncelli, File)
October 10, 2019 - 12:43 pm
SAN FRANCISCO (AP) — One of California's largest hospital systems is facing a trial over accusations that it has used its market dominance to snuff out competition and overcharge patients for medical bills. The antitrust lawsuit against Sutter Health, which operates 24 hospitals with 5,500 doctors...
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In this, Monday, Oct. 7, 2019 photo, David Schaecter, president of the Holocaust Survivors Foundation USA (HSF), gestures as he speaks during an interview with The Associated Press in Aventura, Fla. Aging Holocaust survivors are trying to recover insurance benefits that were never honored by Nazi-era companies, which could be worth billions of dollars. The companies have demanded original paperwork, such as death certificates, that were not available after World War II. The survivors want to take insurance companies to court in the U.S. to recover the money, but it would take an act of Congress to allow it. (AP Photo/Wilfredo Lee)
October 08, 2019 - 2:00 pm
AVENTURA, Fla. (AP) — When David Schaecter was a child in Slovakia in the 1930s, he counted more than 100 people in his extended family. By the end of World War II, he alone survived. The rest had been killed in Nazi concentration camps or by roving SS death squads. Schaecter lost not only his...
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FILE - In this May 31, 2017 file photo, then-state Sen. Ricardo Lara, D-Bell Gardens, speaks at a Capitol news conference in Sacramento, Calif. Lara, who is now the California Insurance Commissioner, announced Wednesday, Oct. 2, 2019, that Mercury Insurance Co. is ending its two-decade battle with California regulators by agreeing to pay the state more than $41 million in property and casualty penalty and interest payments. (AP Photo/Rich Pedroncelli, File)
October 02, 2019 - 11:07 am
SACRAMENTO, Calif. (AP) — Mercury Insurance Co. is ending its two-decade battle with California regulators over extra fees charged to customers by agreeing to pay the state more than $41 million, California Insurance Commissioner Ricardo Lara said Wednesday. He said it’s the largest property and...
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FILE - In this Sept. 23, 2019, file photo a sign is posted during a demonstration outside a General Motors facility in Langhorne, Pa. General Motors now says striking workers will get company-paid health insurance, nine days after saying coverage would be cut off. (AP Photo/Matt Rourke, File)
September 26, 2019 - 9:24 am
DETROIT (AP) — General Motors now says striking workers will get company-paid health insurance, nine days after telling the union that coverage would be cut off. The automaker said in an emailed letter to the United Auto Workers that it will keep benefits in place due to "significant confusion"...
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A passenger walks past a closed Thomas Cook office at Palma de Mallorca airport on Monday, Sept. 23, 2019. Spain's airport operator AENA says that 46 flights have been affected by the collapse of the British tour company Thomas Cook, mostly in the Spanish Balearic and Canary archipelagos. (AP Photo/Francisco Ubilla)
September 25, 2019 - 3:11 am
FRANKFURT, Germany (AP) — The German and Polish units of collapsed tour operator Thomas Cook said Wednesday they were entering bankruptcy proceedings and shutting down normal business operations in the wake of the parent company entering liquidation in Britain. Germany's Thomas Cook said it was...
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FILE - In this Aug. 22, 2019, file photo, signs on a bank of computers tell visitors that the machines are not working at the public library in Wilmer, Texas. Some cybersecurity professionals are concerned that insurance policies designed to limit the damage of ransomware attacks might actually be encouraging hackers. Twenty-two local governments in Texas were hit in August. (AP Photo/Tony Gutierrez, File)
September 20, 2019 - 8:36 am
CHICAGO (AP) — The call came on a Saturday in July delivering grim news: Many of the computer systems serving the government of LaPorte County, Indiana, had been taken hostage with ransomware. The hackers demanded $250,000. No way, thought County Commission President Vidya Kora. But less than a...
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September 13, 2019 - 7:19 am
SAN FRANCISCO (AP) — Pacific Gas & Electric and a group of insurers say they have reached an $11 billion settlement to cover most of the claims from the 2017 and 2018 wildfires in California. The utility said in a statement Friday the tentative agreement covers 85% of the insurance claims,...
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Signs on a bank of computers tell visitors that the machines are not working at the public library in Wilmer, Texas, Thursday, Aug. 22, 2019. Cyberattacks that recently crippled nearly two dozen Texas cities have put other local governments on guard. (AP Photo/Tony Gutierrez)
August 22, 2019 - 2:13 pm
CHICAGO (AP) — Cyberattacks that recently crippled nearly two dozen Texas cities have put other local governments on guard, offering the latest evidence that hackers can halt routine operations by locking up computers and public records and demanding steep ransoms. Government agencies that fail to...
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