Insurance industry regulation

FILE - In this Feb. 5, 2015, file photo, the Anthem logo hangs at the health insurer's corporate headquarters in Indianapolis. Federal officials say the nation’s second-largest health insurer will pay the government a record $16 million to settle potential violations of privacy requirements in a 2015 case that still stands the biggest health care hack in U.S. history. (AP Photo/Michael Conroy, File)
October 15, 2018 - 6:43 pm
WASHINGTON (AP) — The nation's second-largest health insurer has agreed to pay the government a record $16 million to settle potential privacy violations in the biggest known health care hack in U.S. history, officials said Monday. The personal information of nearly 79 million people — including...
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Senate Minority Leader Chuck Schumer of N.Y., points to a reporter as he speaks to media after the Democratic policy luncheon on Capitol Hill, Wednesday, Oct. 10, 2018, in Washington. Senate Democrats briefly turned the chamber's subject to health care Wednesday, just four days after lawmakers' nasty war over confirming Supreme Court Justice Brett Kavanaugh. And while Democrats lost the vote, they hope they've gained a message that will bolster their chances of winning Senate control in next month's elections. (AP Photo/Alex Brandon)
October 10, 2018 - 5:37 pm
WASHINGTON (AP) — Days after ending a turbulent Supreme Court confirmation fight, the Senate turned back to health care — with a battle squarely aimed at coloring next month's crucial elections for control of Congress. In a return to its characteristically more unruffled mode of work, the Senate on...
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FILE - In this Oct. 11, 2017 file photo, a Pacific Gas & Electric crew works at restoring power following a wildfire along the Old Redwood Highway in Santa Rosa, Calif. California Gov. Jerry Brown signed a measure Friday, Sept. 21, 2018, allowing utilities to bill their customers to pay for future legal settlements stemming from devastating 2017 wildfires, even if the blazes are blamed on the company's mismanagement. The bill is aimed at preventing bankruptcy for Pacific Gas & Electric Co. The nation's largest utility by revenue faces billions of dollars in liability if investigators determine its equipment caused the Tubbs Fire that destroyed thousands of homes and killed 22 people in Santa Rosa last year. (AP Photo/Eric Risberg, File)
September 21, 2018 - 4:33 pm
SACRAMENTO, Calif. (AP) — Gov. Jerry Brown signed a measure Friday allowing utilities to bill their customers to pay for future legal settlements stemming from devastating 2017 wildfires, even if the blazes are blamed on the company's mismanagement. The bill is aimed at preventing bankruptcy or...
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September 14, 2018 - 4:02 pm
WASHINGTON (AP) — Advocates for people with mental illness and HIV are joining other consumer groups in a lawsuit to block one of the Trump administration's main approaches for making low-cost health insurance more widely available. The case filed Friday in U.S. District Court in Washington, D.C.,...
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FILE - In this Sept. 5, 2018, photo, Sen. Jon Kyl, R-Ariz., waits to be sworn-in by Vice President Mike Pence during his ceremonial swearing-in at the Old Senate Chamber on Capitol Hill, in Washington. After years of trying to demolish former President Barack Obama’s prized health care law, GOP leaders still lack the votes to succeed. Kyl says he’d vote to repeal the “Obamacare” health care law. That’s one additional Republican ready to obliterate the statute because his predecessor, the late Sen. John McCain, helped derail the party’s drive with his fabled thumbs-down vote last year. It could well be too little, too late. (AP Photo/Cliff Owen)
September 11, 2018 - 9:52 am
WASHINGTON (AP) — Arizona's new senator says he'd vote to repeal the nation's health care law. That's one additional Republican ready to obliterate the statute because his predecessor, the late Sen. John McCain, helped derail the party's drive with his fabled thumbs-down vote last year. It could...
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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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FILE - In this March 16, 2010, file photo, financier Carl Icahn poses for photos upon arriving for the annual New York City Police Foundation Gala in New York. Icahn is urging Cigna shareholders to vote against the health insurer’s attempted multi-billion dollar takeover of Express Scripts. In a letter Tuesday, Aug. 7, 2018, Icahn warned that Express Scripts, a pharmacy benefit manager, faces intense competition from Amazon, regulatory risks and could lose the business of other health insurers that won’t want to deal with a company owned by a rival. (AP Photo/Henny Ray Abrams, File)
August 07, 2018 - 9:06 am
Carl Icahn is urging Cigna shareholders to reject the health insurer's attempted multi-billion dollar takeover of Express Scripts, saying it's paying too much for a company with a shaky future. Shares of Express Scripts dipped in premarket trading Tuesday. The billionaire and activist investor...
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FILE - In this Jan. 30, 2018, file photo, Sen. Dean Heller, R-Nev., asks a question during a Senate Banking Committee hearing on Capitol Hill in Washington. Heller, considered the most vulnerable GOP senator seeking another term this year, opposed measures to dismantle President Barack Obama's signature law before backing other versions that failed. (AP Photo/Susan Walsh, File)
August 02, 2018 - 4:58 pm
LAS VEGAS (AP) — Nevada Republican Sen. Dean Heller's sliding positions last year on a long-held GOP promise to repeal Obamacare are providing plenty of fodder for Democrats and activists hoping to stymie his re-election. Heller, considered the most vulnerable incumbent GOP senator, opposed...
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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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FILE - In this June 1, 2017, file photo, a sign stands on the campus of the Aetna headquarters, in Hartford, Conn. Aetna Inc. (AET) on Thursday, Aug. 2, 2018, reported second-quarter earnings of $1.21 billion. (AP Photo/Bill Sikes, File)
August 02, 2018 - 9:41 am
Aetna easily topped second-quarter earnings expectations as another drop in benefit expenses and lower taxes helped the nation's third-largest health insurer. Net income inched up less than 1 percent to $1.21 billion, while earnings adjusted for non-recurring gains totaled $3.43 per share, the...
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