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Insurers face massive hit after Taylor Swift concerts canceled due to terrorist threat

Insurers are facing millions of dollars in claims after three of Taylor Swift’s concerts in Austria were cancelled due to a terrorist attack, but the losses will be shared among several insurers, two people involved in insuring her tours told Reuters. Some 195,000 “Swifties” He was expected to attend the sold-out “Eras Tour” show at […]

Can’t Find a Doctor? California Bill Would Punish Insurers for Giving Customers Outdated Info – Lost Coast Outpost

The California Medical Association, which represents California’s doctors, opposes a bill that would fine insurance companies for having inaccurate provider networks that lead to confusion in doctor referrals. Photo by Anne Wernikoff for CalMatters. For many years, licensed therapist Sarah Soroken has received feedback from her patients: mental health Healthcare providers who actually […]

Insurers agree to cover out of network costs for urgent care – The Boston Globe

The move comes amid unusual strain on area hospitals, with summer also being the busiest time for emergency departments. Meanwhile, health care workers are still struggling with pandemic-era staffing shortages and have also had to deal this year with difficulties at Steward Healthcare, the nation’s largest for-profit hospital system, which operates seven hospitals in Massachusetts. […]

Minnesota health insurers seek premium hikes for individuals up to 12.75% – Star Tribune

Minnesota health insurers are seeking big premium increases for 2025, including double-digit hikes for enrollees in the individual and small employer markets. The proposal, announced last month by the Minnesota Department of Commerce, is the latest sign of rising health care costs as the nation emerges from the COVID-19 public health emergency. Eagan-based Blue Cross […]

Judge rules Donald Trump defrauded banks, insurers while building real estate empire

Estimated Reading Time: 2 minutes By Michael R. Sisak NEW YORK (AP) — A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House, and he ordered some of the former president’s companies removed from his control and dissolved. Judge […]

Health insurers cover fewer drugs and make them harder to get – NPR

Health insurance companies are tightening their lists of covered drugs. Darwin Brandis/Getty Images/iStockphoto Hide caption Toggle caption Darwin Brandis/Getty Images/iStockphoto When it comes to prescription drugs, insurance coverage is different than it used to be. Insurers’ formulary lists of drugs are shrinking: In 2010, the average Medicare formulary covered about three-quarters of all drugs approved […]

Car insurers secretly collecting driver data through apps: report

Popular smartphone apps used to track people’s locations and provide weather forecasts may hand over driving data to companies that sell it to insurance companies to set premiums for unsuspecting drivers, according to a report. Subscription-based apps Life360, MyRadar and Gas Buddy provide user data to Arity, an Allstate company, which crunches the numbers to […]

California loses two more property insurers in growing crisis

Chef Andrew Gruel talks about how California’s minimum wage hike is leading to layoffs on “The Bottom Line.” Two more insurance companies are ending property and casualty coverage in California, adding to the growing list of insurers fleeing the state as the crisis worsens. Tokio Marine Holdings’ companies Tokio Marine America Insurance Company and Transpacific […]

SCOTUS Investigates How N.Y. Inhibited Insurers From Working With NRA

Former U.S. president and 2024 presidential candidate Donald Trump leaves after speaking at the 152nd National Rifle Association (NRA) Annual Convention at the Indiana Convention Center on April 14, 2023 in Indianapolis, Indiana. Mr. (Photo by ALEX WROBLEWSKI/AFP, Getty Images) OAN’s Brooke Mallory11:27am – Tuesday, March 19, 2024 The National Rifle Association (NRA) filed a […]

How your car might be selling you out to insurers

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