insurance companies News

Insurance Company Settlement Money to Bolster Louisiana’s Budget

Louisiana has received $95 million in legal settlements with insurance companies, ending questions about whether the money would roll in for this year’s budget or leave lawmakers scrambling to fill a shortfall. Commissioner of Administration Kristy Nichols announced the settlement …

California Regulators Probe CVS Drug Refills Policy

California regulators are investigating reports that CVS Caremark Corp. refilled prescriptions without patient consent, or insurance approval. The Los Angeles Times reported customers in California and other states discovered CVS Caremark had renewed doctors’ prescriptions and billed their insurance companies …

Insurers Win Mich. Supreme Court Case Over Rogue Drivers

The Michigan Supreme Court has ruled in favor of insurance companies in two cases that involve drivers who crashed cars when they didn’t have the owners’ permission to get behind the wheel. The court’s Republican majority said this week the …