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Insurance

Newsom’s plan to speed up insurance rate hikes assailed

by Vera Ward
Newsom’s plan to speed up insurance rate hikes assailed

Gov. Gavin Newsom’s new proposal to speed approval of rate hikes for most types of property insurance and help stabilize a collapsing market will cost Californians billions of dollars, consumer …

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Twenty-Percent Of All Crashed Cars Are Being Totaled

by Horatio Thompson
Twenty-Percent Of All Crashed Cars Are Being Totaled

Cars just aren’t worth repairing anymore. One in every five cars seen by an insurance adjuster is estimated to cost too much to be repaired and returned to drivable condition. …

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Children’s Hospital warns it may close Colorado Springs cancer center

by Akin Smith
Children’s Hospital warns it may close Colorado Springs cancer center

Children’s Hospital Colorado is warning it may shut down the cancer treatment center at its Colorado Springs hospital and make other cuts in key departments this year because of a …

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CommonSpirit, Anthem reach deal in Colorado after 2 weeks of uncertainty

by Akin Smith
CommonSpirit, Anthem reach deal in Colorado after 2 weeks of uncertainty

One of Colorado’s largest insurers and one of its major hospital systems have reached a deal, ending more than two weeks of uncertainty for patients. CommonSpirit Health went out-of-network with …

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Why are Hong Kong taxi drivers going ‘undercover’ to target Uber and what’s behind their latest clash?

by Ron Morgan
Why are Hong Kong taxi drivers going ‘undercover’ to target Uber and what’s behind their latest clash?

Purportedly led by the Hong Kong Taxi Council, the “agents” filmed their car rides to places such as the Kai Tak Cruise Terminal and posted them on social media. Seven …

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Warren Buffett Reveals What Stock He Bought for Billions

by Anas Siddiqui
Warren Buffett Reveals What Stock He Bought for Billions

Warren Buffett’s Berkshire Hathaway has been mysteriously investing millions of dollars into an anonymous company for two quarters — but now, thanks to a new filing with the U.S. Securities …

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Medicaid “unwinding” decried as biased against disabled people

by Akin Smith
Medicaid “unwinding” decried as biased against disabled people

By Daniel Chang, KFF Health News Jacqueline Saa has a genetic condition that leaves her unable to stand and walk on her own or hold a job. Every weekday for …

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Customer who filed complaint against TD Bank refuses to sign gag order to get compensation

by Anas Siddiqui
Customer who filed complaint against TD Bank refuses to sign gag order to get compensation

Guanghu Cui was poring over his TD Bank statements in March, preparing to pay taxes for his small immigration consulting firm in Oakville, Ont., when he noticed a $1.50 fee …

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Move could help many avoid cancelled policies

by Akin Smith
Move could help many avoid cancelled policies

As some Californians continue scrambling for ways to affordably insure their homes, Gov. Gavin Newsom on Friday announced a push to expedite how quickly insurance companies can increase rates. Speedier …

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U.S. lawmakers are taking aim at private equity in health care. Here’s what is happening in Canada

by Akin Smith
U.S. lawmakers are taking aim at private equity in health care. Here’s what is happening in Canada

In the U.S., the growing role of private equity firms in health care is coming under heightened scrutiny, with Senate committee hearings and a cross-government public inquiry launched earlier this …

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