Insurance industry

This aerial photo shows debris and destruction in Mexico Beach, Fla., Friday, Oct. 12, 2018, after Hurricane Michael went through the area on Wednesday. Mexico Beach, the ground-zero town, was nearly obliterated by the hurricane, an official said Friday as the scale of the storm's fury became ever clearer. (Bronte Wittpenn/Tampa Bay Times via AP)
October 13, 2018 - 1:44 pm
FORT LAUDERDALE, Fla. (AP) — Florida's disjointed property insurance system that relies almost exclusively on small and midsize companies will take a multibillion dollar loss from Hurricane Michael, but has sufficient reserves and backups that providers should be able to pay claims without problems...
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October 12, 2018 - 3:40 pm
PANAMA CITY, Fla. (AP) — In a story Oct. 11 about Hurricane Michael, The Associated Press reported erroneously that Karen Clark & Company is an insurance company. Karen Clark & Company is a risk-modeling firm. A corrected version of the story is below: The Latest: Georgia crops hit hard by...
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FILE - In this March 22, 2017, file photo, President Donald Trump , left, and Texas State Sen. Dawn Buckingham, right, listen as Administrator of the Centers for Medicare and Medicaid Services Seema Verma speaks during a meeting on women in healthcare in the Roosevelt Room of the White House in Washington. Medicare is modernizing its website to make it more useful for beneficiaries, particularly younger ones already going online for information from insurers, hospitals and doctors. (AP Photo/Evan Vucci, File)
October 01, 2018 - 4:37 pm
WASHINGTON (AP) — Approaching annual sign-up season, Medicare is modernizing its website to make it more useful for beneficiaries already accustomed to searching online for insurers, hospitals and doctors, officials announced on Monday. But some consumer advocates said the changes reflect a subtle...
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FILE- In this Sept. 6 2018, file photo trader Gregory Rowe works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Sept. 11. (AP Photo/Richard Drew, File)
September 11, 2018 - 12:14 pm
NEW YORK (AP) — U.S. stocks are rising Tuesday as technology companies and retailers rebound from their recent losses. Insurance companies are mixed as Hurricane Florence moves toward the East Coast, but home improvement retailers are rising. Energy companies are climbing along with oil prices...
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In this Aug. 22, 2018 photo, April Box poses for a photo at her home in Spokane, Wash. Box is a healthcare advocate and runs the website www.hip-help.com to help guide people through major surgeries and other aspects of the healthcare system. Millions of people covered under the Affordable Care Act will see only modest premium increases next year, and some will get a price cut. That’s the conclusion from an exclusive analysis of the besieged but resilient program that still divides voters heading into this year's midterm elections. (AP Photo/Ted S. Warren)
September 07, 2018 - 6:33 am
WASHINGTON (AP) — Millions of people covered under the Affordable Care Act will see only modest premium increases next year, and some will get price cuts. That's the conclusion from an exclusive analysis of the besieged but resilient program, which still sparks deep divisions heading into this year...
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FILE - In this Oct. 9, 2017 file photo, Cazadero firefighter struggles to protect a home from catching fire in Coffey Park, in Santa Rosa, Calif. Utility workers won protections for their jobs, salaries, benefits and pensions as part of a measure allowing California power companies to raise electric bills to cover the cost of lawsuits from last year's deadly wildfires. The measure is scheduled for votes in the Senate and Assembly Friday night, Aug. 31, 2018, following months of contentious negotiations. (Kent Porter/The Press Democrat via AP, File)
September 01, 2018 - 2:44 am
SACRAMENTO, Calif. (AP) — The California Legislature voted Friday to allow power companies to raise electric bills to cover the cost of lawsuits from last year's deadly wildfires amid fears that Pacific Gas & Electric Co., would otherwise face financial ruin. The measure is part of a wide-...
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This Nov. 2, 2017, photo provided by Alex Apons shows his house and car that were leveled to ashes after the deadly October 2017 wildfires ravaged his Coffey Park neighborhood, in Santa Rosa, Calif. Apons said his insurance policy fell $200,000 short of what it cost the 34-year-old new father to rebuild his home. He and his wife wanted to stay because they had a baby on the way and both have deep family roots in the area. (Alex Apons via AP)
August 28, 2018 - 1:30 am
SANTA ROSA, Calif. (AP) — Construction crews have already put up the frame on Cheri Sharp's new house, but she still questions whether rebuilding was the right choice after California's most destructive wildfire took her old home in wine country nearly a year ago. She's had to dip into retirement...
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FILE- In this Aug. 9, 2018, file photo a wildfire burns near homes in the Cleveland National Forest in Lake Elsinore, Calif. California homeowners may find themselves facing insurance issues even if they were not directly hit by this year’s blazes. The California Department of Insurance warned in January that the increasing number and severity of wildfires in the state were making it more difficult for homeowners to find and hold on to insurance. And now they say that recent massive fires may make the problem more acute. (AP Photo/Ringo H.W. Chiu, File)
August 13, 2018 - 10:04 am
California homeowners may find themselves facing insurance headaches even if their houses weren't affected by this year's blazes. The California Department of Insurance had already warned this year that the increasing number and severity of wildfires were making it harder for homeowners in the...
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In this Friday, July 6, 2018, photograph, prospective customers confer with sales associates as a Model 3 sits on display in a Tesla showroom in the Cherry Creek Mall in Denver. The Insurance Institute for Highway Safety, in a paper titled “Reality Check,” issued the warning Tuesday, Aug. 7, 2018, after testing five of the systems from Tesla, Mercedes, BMW and Volvo on a track and public roads. The systems tested, in the Tesla Model 3 and Model S, BMW’s 5-Series, the Volvo S-90 and the Mercedes E-Class, are among the best in the business right now and have been rated “superior” in previous IIHS tests. David Zuby, the institute’s chief research officer, said the systems do increase safety but the tests show they are not 100 percent reliable. (AP Photo/David Zalubowski)
August 07, 2018 - 1:24 am
DETROIT (AP) — Cars and trucks with electronic driver assist systems may not see stopped vehicles and could even steer you into a crash if you're not paying attention, an insurance industry group warns. The Insurance Institute for Highway Safety, in a paper titled "Reality Check," issued the...
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August 02, 2018 - 12:47 pm
WASHINGTON (AP) — Democrats will try forcing a campaign-season vote on blocking a Trump administration rule allowing insurers to sell short-term plans that are cheaper but skimpier than allowed under the Obama health care law, party leaders said Thursday. Though the effort has a chance of passing...
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