Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
AM Best: US P/C Industry Reverses Nine-Month Underwriting Loss
Dec 4 2024 // Growth in net earned premiums outpaced a slight increase in losses and loss adjustment expenses to result in the U.S. property/casualty industry posting a nine-month 2024 underwriting profit of $4.1 billion versus a loss...
US Official Fighting Chinese Telecom Intrusions Urges More Encryption
Dec 4 2024 // A senior U.S. official who is among those working to evict alleged Chinese hackers from American telecom companies has a word of advice for his fellow Americans: Use encryption. During a call with reporters on Tuesday,...
Brewery Managers Caught With Hands in Tip Jar, Says US Department of Labor
Dec 4 2024 // The U.S. Department of Labor’s Wage and Hour Division reports that it found Pennsylvania’s Sly Fox Brewing Co. unlawfully kept a portion of the tips earned by workers, allowing managers to participate in the...
Triple Threat Targets More Than 30,000 US Homes: CoreLogic
Dec 3 2024 // Year-round extreme risk from three natural disasters threatens more than 33,000 homes in the U.S., according to the latest analysis by CoreLogic. Hurricane wind, wildfire and inland flood are the most common combination of...
Flavored Vape Products Dispute Goes Before US Supreme Court
Dec 3 2024 // A dispute over the U.S. Food and Drug Administration’s refusal to let two e-cigarette companies sell flavored vape products due to their health risk to youths goes before the U.S. Supreme Court on Monday in another...
AM Best Revises Outlook for US Personal Lines Insurance Segment to ‘Stable’
Dec 2 2024 // AM Best has revised its outlook to stable from negative for the U.S. personal lines insurance segment for 2025, citing improved rate and pricing conditions, particularly in the auto insurance space, along with solid levels...
Outlook for US Commercial Insurance Segment ‘Stable’ as Profits Stay Strong: AM Best
Dec 2 2024 // AM Best is maintaining its stable market segment outlook on the U.S. commercial lines insurance sector for 2025, due partly to the segment’s persistently strong underwriting performance and improved investment...
US Product Recalls on Pace to Hit 6-Year High: Report
Dec 2 2024 // If the pace of product recalls continues in the fourth quarter, the number will reach a six-year high by the end of the year, a new report from Sedgwick shows. Year-to-date there have been 2,454 product recalls across five...
US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
Dec 2 2024 // Insurance carriers may want to examine policy language — and what information they request from insureds — after the U.S. Supreme Court let stand a lower court’s ruling which could force Argo Group to...
AM Best Improves Outlook on US Personal Auto Segment to ‘Stable’
Nov 25 2024 // Insurance rating agency AM Best today said it has shifted its outlook of the U.S. personal auto insurance segment to stable from negative thanks to improving loss ratios of the top 20 carriers this year. Underwriting...
Chinese Hackers Preparing for Conflict, Says US Cyber Official
Nov 25 2024 // Chinese hackers are positioning themselves in U.S. critical infrastructure in the event of a clash with the United States, a top American cybersecurity official said on Friday. Morgan Adamski, the executive director of...
US Charges Five in ‘Scattered Spider’ Hacking Scheme
Nov 22 2024 // U.S. prosecutors unveiled criminal charges on Wednesday against five alleged members of Scattered Spider, a loose-knit community of hackers suspected of breaking into dozens of U.S. companies to steal confidential...
Musk, Ramaswamy Will Lean on Supreme Court Rulings to Cut US Agencies
Nov 21 2024 // Elon Musk and Vivek Ramaswamy said the government efficiency panel that President-elect Donald Trump has named them to lead will follow recent U.S. Supreme Court rulings that they say can be used to take power away from...
Australia’s Top Female Executives Make US$103,000 Less Than Men
Nov 21 2024 // Australia’s top female business chiefs are earning A$158,632 ($103,340) less per year than their male counterparts, according to the Workplace Gender Equality Agency, with the overall pay disparity between men and...
US Faces Growing Crisis Over High Traffic Deaths, NTSB Chair Says
Nov 20 2024 // The United States must address a growing public-health crisis over traffic deaths that remain significantly higher than pre-pandemic levels, the head of the National Transportation Safety Board said on...
US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
Nov 20 2024 // Insurance carriers may want to examine policy language – and what information they request from insureds – after the U.S. Supreme Court let stand a lower court’s ruling which could force Argo Group to cover...
Trump Team Is Seeking to Ease US Rules for Self-Driving Cars
Nov 19 2024 // Members of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for self-driving vehicles one of the Transportation Department’s priorities, according to...
Sedgwick: US Product Recalls on Pace to Hit 6-Year High
Nov 19 2024 // If the pace of product recalls continues in the fourth quarter, the number will reach a six-year high by the end of the year, a new report from Sedgwick shows. Year-to-date there have been 2,454 product recalls across five...
Amazon, SpaceX to Test US Labor Board’s Powers at Conservative Appeals Court
Nov 18 2024 // A U.S. labor board whose enforcement powers are being challenged in a series of lawsuits is set to defend itself from attacks by Amazon.com and Elon Musk’s SpaceX in a conservative U.S. appeals court, as the agency...
People Moves: Zurich Names Bernard Head of Industry Practices for US Middle Market; FM Promotes Hodge to COO
Nov 15 2024 // Stan Bernard Zurich North America, headquartered in Schaumburg, Illinois, promoted Stan Bernard to head of industry practices for U.S. Middle Market. Bernard succeeds Lynn Zeitler, who is retiring in December after 31...
