Harvey Hits Insurance Stocks As Loss Estimates Surge To $20 billion
Hurricane Harveys whipsaw of wind and rain across Houston and the Texas Gulf Coast hurt the shares of U.S. property and casualty insurers on Monday as Wall Street analysts estimated insured losses as high as $20 billion.
August 29, 2017
Catastrophe
Life & Health
Property
Texas
The Health Consequences To Expect From Hurricane Harveys Floods
The flooding from Hurricane Harvey, which has wreaked havoc in Texas, is both catastrophic and historic. The reported death toll rose to at least nine Monday, and officials were projecting that as many as 30,000 people will ultimately be evacuated from flooded homes in Houston and other cities and towns in the state.
August 29, 2017
Catastrophe
Life & Health
Texas
A Striking Rise In Serious Allergy Cases
Insurance claims for dangerous reactions to foods like peanuts, eggs and dairy have increased by nearly five times over the past decade.
The rate of reports of severe allergic reactions to foods like peanuts has increased by nearly five times over the past decade, according to a new analysis of private insurance claims.
August 22, 2017
Liability
Life & Health
The rate of reports of severe allergic reactions to foods like peanuts has increased by nearly five times over the past decade, according to a new analysis of private insurance claims.
Cuomo: Insurers Cannot Deny Coverage Based On Gender Identity
On Wednesday, Governor Andrew Cuomo announced that health insurers cannot discriminate or deny coverage based on gender identity. Cuomo says this action will ensure that transgender or gender nonconforming individuals receive coverage, regardless of whether they present as the gender to whom the service is typically provided.
August 17, 2017
Life & Health
New York
Family of Fraudsters Netted $2.9 In Life Insurance Scam
A Mason family has been charged in a $2.9 million life insurance scheme in which prosecutors say they bought policies for a relative who had severe medical conditions but hid those conditions from the insurer.
August 11, 2017
Fraud
Life & Health
Ohio
Life Insurance Medical Exam May Soon Be A Thing Of The Past
Technology and data services may soon provide an accurate and cost-effective replacement to health tests. A life insurance medical exam is often one of the most dreaded parts of applying for that type of coverage. That said, as systems and data continue to improve, this requirement may not be needed for much longer.
August 10, 2017
Life & Health
Papaya Recall Grows Due To Salmonella Outbreak
A recall on papayas has been expanded to three brands, with more recalls possible, after the Food and Drug Administration narrowed in on the source of a salmonella outbreak that has been blamed for at least one death and has sickened over 100 more dating back to May.
August 8, 2017
Liability
Life & Health
Connecticut
Delaware
Iowa
Kentucky
Louisiana
Lawsuit Claims Usher Failed To Warn 2 Women, 1 Man He Had Herpes
Two women and a man are accusing the singer Usher of failing to warn them he allegedly had herpes before an intimate encounter.
August 8, 2017
Life & Health
Engineer Receives 28 Months For Nearly $200K Disability Fraud
A Spotsylvania jury has recommended a 28-month prison for a county man who defrauded an insurance company out of nearly $200,000 in disability payments while he was working in another state.
August 1, 2017
Fraud
Life & Health
Virginia
Coffee With Viagra-Like Ingredient Recalled After FDA Discovery
Albert Yee said the coffee is everywhere you look in the densely packed vendor stalls along avenues in Malaysian cities: an instant mix with a natural ingredient similar to whats found in Viagra that helps men with erectile dysfunction. And Yee wanted a piece of the action.
July 21, 2017
Life & Health
Texas
Doctors Among 412 Charged in Largest Opioid And Health Care Fraud Takedown in US History
The Justice Department has announced criminal charges against 412 people, including 115 doctors, nurses and other licensed medical professionals, for their roles in what Attorney General Jeff Sessions is calling the largest health care fraud takedown operation in American history.
July 14, 2017
Fraud
Life & Health
Florida
Michigan
Texas
Utah
Arrests Across The U.S. In Opioid Treatment Fraud Operation
Attorney General Jeff Sessions is poised to announce a major law enforcement action this week targeting health-care fraud, focusing on opioid treatment programs exploiting Obamacare insurance plans, according to two people familiar with the matter.
July 13, 2017
Fraud
Life & Health
California
Florida
Illinois
Blue Cross the Country: Nationwide Addiction Treatment Scams Bilk Insurers
Drug users, desperate to break addictions to heroin or pain pills, are pawns in a sprawling national network of insurance fraud, an investigation by The Boston Globe and STAT has found.They are being sent to treatment centers hundreds of miles from home for expensive, but often shoddy, care that is paid for by premium health insurance benefits procured with fake addresses.
July 12, 2017
Fraud
Life & Health
Delaware
Florida
Pennsylvania
Virginia
Fireworks Cause Death, Injuries Across The Nation
Authorities are urging the public to remain cautious in the presence of fireworks as several people across the country have already sustained injuries during 4th of July celebrations -- with at least one man dying.
July 5, 2017
Life & Health
Property
Life Insurance Companies Profit Billions From Uninformed Beneficiaries
Life insurance companies across the country are struggling with the issue of tracking down beneficiaries owed death benefits. While some states have very strict and specific laws about insurer practices in these situations, others make it possible for insurers to admittedly keep the owed money.
June 26, 2017
Legislation & Regulation
Life & Health
Illinois



