The Latest Breaking News from Insurance

A Metropolitan Police officer completed the job after they reportedly caught the delivery driver without correct insurance

The ruling mostly upholds a voter-approved law that said drivers for ride-share companies are independent contractors and are not entitled to benefits like paid sick leave and unemployment insurance.

WASHINGTON — “This is not 2008”: That was the mantra of Biden administration officials Monday as they sought to reassure investors and the public that a regulatory takeover of two failed banks and rescue of their depositors, along with newly implemented safeguards, would be enough to avert a broader crisis…

Democratic lawmakers introduced a package of bills on Monday to further bolster California's role as an abortion haven after last year's repeal of the landmark Supreme Court ruling in Roe vs. Wade.

Analysts say there is little chance of a wider banking crisis after the failure of Silicon Valley Bank, as the banking system is well-capitalized and passed stress testing.

Covering Novo Nordisk A/S’s new obesity drug Wegovy could strain the budget of US government insurance program Medicare, according to a new analysis in the New England Journal of Medicine.

The Biden administration has taken pains to avoid the word "bailout" in describing the effort to rescue Silicon Valley Bank depositors. Yet banking experts say it sure does look like a bailout.

President Joe Biden is confronting a significant challenge as his administration grapples with the fallout from the second- and third-largest bank failures in history

When it was established in 1933, some 4,000 banks had closed in the first few months alone. The FDIC is relying on one of its main tools — deposit insurance — to prevent more banks from failing.

The Biden administration will allow Ukrainians who entered the United States last year at the Mexico border to renew their humanitarian status, giving them continued access to government benefits like health insurance and food stamps.

For those with plenty of liquid assets, knowing how FDIC insurance works can save potential headaches down the line.