The Latest Breaking News from Insurance

New applications for U.S. unemployment insurance benefits fell 12,000 for the week ending July 8 to a seasonally adjusted 237,000. The previous week’s figure was revised up by 1,000 to 249,000. The four-week moving average as of July 8 fell 6,750 from the previous week’s revised average to 246,750.

Medicare Part A helps cover hospital stays, and sometimes covers skilled facility care, home health care and hospice care.

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Travel insurance unlikely to offer compensation for cancelled trips

Cory Lake is among countless Minnesotans preparing their picks and shovels for the economic gold rush that is expected to come with marijuana legalization.

In recent months ominous ads about prescription drugs have flooded the TV airwaves. Perhaps by design, it’s not always clear who’s sponsoring the ads or why.

More than 500,000 Texans have lost Medicaid coverage since COVID-era continuous enrollment for the federal health insurance program ended in March, according to Texas Health and Human Services Commission data.

AAA announced it is restricting insurance coverage in Florida, following a similar move from Farmers Insurance.

Healthcare giant UnitedHealth Group (UNH) recently reported its fiscal second-quarter earnings, surpassing Wall Street's expectations. The results followed UNH's prior update regarding a surge in non-urgent surgeries and outpatient demand. Considering this, could UNH be an ideal addition to your portfolio? Read more to find out.

Florida Chief Financial Officer Jimmy Patronis links President Biden to the state’s problems and calls Farmers ‘the Bud Light of Insurance.'

Despite cooling inflation, the Fed is expected to raise interest rates again this month. Since rising interest rates help boost insurers’ profit margins, it could be wise to add fundamentally strong insurance stocks Hannover Rück SE (HVRRY), Reinsurance Group of America (RGA), Sirius Point (SPNT), and International General Insurance Holdings…