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California Seizes Small Insurer Merced P&C Due to Wildfire Claims

California Seizes Small Insurer Merced P&C Due to Wildfire Claims

By Kathleen Ronayne | December 2, 2018 California regulators moved Friday to take over an insurance company that can’t pay out all claims following a massive wildfire that destroyed more than 13,000 homes. Merced Property & Casualty Company was pushed to insolvency by the fire that sparked Nov. 8 and nearly destroyed Paradise and surrounding towns, state Insurance […]

CVS is Buying One of the Largest Health Insurance Companies in a Deal That Could Change Health Care in the US

CVS is Buying One of the Largest Health Insurance Companies in a Deal That Could Change Health Care in the US

Evie Fordham | Politics and Health Care Reporter Pharmacy giant CVS has the potential to disrupt the health care market after antitrust officials gave CVS the go-ahead Wednesday to buy health insurance company Aetna, author and health care consultant Rita Numerof told The Daily Caller News Foundation. “The merger can accelerate the efforts to change […]

California mudslide victims still dealing with insurance headaches

California mudslide victims still dealing with insurance headaches

By CARTER EVANS SANTA BARBARA, Calif. — It’s been a month since mudslides killed at least 20 people and destroyed more than a hundred homes on the California coast. Torrential rain washed out hillsides torched bare by a massive wildfire, and some insurance companies have been slow to connect the disasters and cover the victims. Beth Prinz had endured […]

Ventura County Communities | Ongoing Flood Hazard Assessment On Hillsides Destabilized By The Thomas Fire

Ventura County Communities | Ongoing Flood Hazard Assessment On Hillsides Destabilized By The Thomas Fire

(VENTURA COUNTY, Calif.) – Acres of land and vegetation now compromised by the Thomas Fires will have a recovery team consisting of Federal, State, Ventura County and City departments. The team is on high alert as these regions are extremely susceptible to debris flows and flooding.   From early modeling already done by the Ventura County […]

CVS plans to buy Aetna for $69 billion, reports say

CVS plans to buy Aetna for $69 billion, reports say

CVS Health Corp. reportedly plans to buy Aetna Inc. for $69 billion in a deal that would further consolidate the U.S. health care industry by combining one of the nation’s largest pharmacy chains with a major health insurer.

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Kellyanne Conway: Trump will decide ‘this week’ whether to cut off insurance payments

Kellyanne Conway: Trump will decide ‘this week’ whether to cut off insurance payments

White House Counselor Kellyanne Conway said Sunday that President Trump will decide this week whether to cut off cost-sharing payments that go to insurance companies under Obamacare. “He’s going to make that decision this week, and that’s a decision that only he can make,” Ms. Conway said on “Fox News Sunday.” Health and Human Services […]

8-Year-old Helps Buy New Wheelchair For His Best Buddy When Insurance Fails

8-Year-old Helps Buy New Wheelchair For His Best Buddy When Insurance Fails

If there was any doubt that Kamden Houshan and Paul Burnett would be friends forever, there certainly is not anymore. The soon-to-be 3rd graders do everything together: from munching on McDonald’s happy meals, to playing at the park. The two have been nearly inseparable since they met in kindergarten several years ago. style=”display:inline-block;width:300px;height:250px” data-ad-client=”ca-pub-8420654331411867″ data-ad-slot=”1313712966″> […]

Doctor: Insurance Wouldn’t Pay for Patients’ Treatments, But Offered Assisted Suicide

  Dr. Brian Callister, a doctor in Reno, Nevada, says he had two patients recently who both needed life-saving treatments. “Not palliative care, not hospice, these would have been curative procedures.” One patient, he said, was from California, and the other was from Oregon, which both have passed physician-assisted suicide laws. Instead of offering to […]

A Reminder: What Insurance Is

A Reminder: What Insurance Is

. By Thomas L. Knapp “Elections have consequences,” outgoing US president Barack Obama once told Republican congressional leaders, and “I won.” He was right. One consequence of the 2016 election, in which the Republican Party maintained its House and Senate majorities and got a president of their own party, is the near-certain, near-future repeal of […]

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