INSURANCE

As Hurricane Florence came ashore in the Carolinas, insurance companies prepared to process thousands of claims. The storm combined high winds and continues to bring massive amounts of rain. 

Three major insurance companies that have called Hartford home for more than a century are helping bail it out of financial trouble. Aetna, Travelers and the Hartford Financial Services group have paid the city $10 million this fiscal year, the first of five installments the companies have pledged to pay over the next five years.

Bill Cosby in 2012.
Sen. Chris Coons / Creative Commons / flickr.com/people/59014345@N05

A federal appeals court in Massachusetts has ruled an insurance company must pay to defend Bill Cosby against a defamation lawsuit.

Massachusetts House Speaker Robert DeLeo.
Dave Roback / The Republican

Late last week, in remarks made to the Greater Boston Chamber of Commerce, House Speaker Bob DeLeo talked about the “Peter Kocot health care bill.” Kocot, who passed away last month, was chairman of the Massachusetts Joint Committee on Health Care Financing.

The Trump administration wants to allow insurance companies to offer more policies that have limited health benefits and that can reject customers if they have pre-existing medical conditions.

Health and Human Services Secretary Alex Azar says the plans, which don't meet the legal requirements for health insurance under the Affordable Care Act, will allow consumers who can't afford insurance now to find cheaper plans.

Pages