Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Federal Court Allows Counties’ Clean Air Claims Against VW for Diesel Scandal
Jun 2 2020 // A U.S. appeals court ruled on Monday that Volkswagen AG cannot escape potential financial penalties from two counties in Florida and Utah that may amount to a “staggering” additional liability arising from the...
Sixth Defendant Pleads Guilty in New Orleans Staged Accident Case
Jun 2 2020 // A New Orleans man has pleaded guilty in a case involving staged accidents between automobiles and tractor-trailers in that city, the U.S. Attorney’s office announced. Mario Solomon, 48, a entered a guilty plea on May...
Aon Appoints Rieth as U.S. Practice Leader for E&O/Cyber Broking Team
Jun 1 2020 // Aon announced that Brent Rieth is the new U.S. Practice Leader of the Cyber Solutions Errors and Omissions/Cyber Broking team. Rieth first joined Aon in 2009 as team leader of the E&O/Cyber broking effort for...
K2 Insurance Services Launches International Re/insurance Platform in London
Jun 1 2020 // K2 Insurance Services, the underwriting and distribution specialist in the U.S. program insurance market, announced the launch of K2 International, a specialty insurance and reinsurance underwriting platform, based in...
Nevada Governor Declares Emergency After Big Quake
Jun 1 2020 // Gov. Seve Sisolak has declared a state of emergency after Nevada’s biggest earthquake in 65 years caused significant damage to three U.S. highways, including the major route connecting Reno to Las Vegas. Sisolak said...
Stress Testing Shows Most Insurers to Withstand Pandemic Hit
Jun 1 2020 // Analysts at the AM Best ratings firm say their initial stress tests of insurance companies globally to gauge the preliminary impact from the COVID-19 pandemic on their financial strength found good news: “most...
U.S. Court Says State Courts Are Proper Forum for Climate Suits Against Big Oil
May 29 2020 // Big Oil lost a pair of court battles Tuesday that could lead to trials in lawsuits by California cities and counties seeking damages for the impact of climate change. The 9th U.S. Circuit Court of Appeals rejected...
Farm Workers Getting Sick, Spreading Coronavirus As Peak Produce Season Begins
May 29 2020 // All of the roughly 200 employees on a produce farm in Tennessee tested positive for Covid-19 this month. In New Jersey, more than 50 workers had the virus at a farm in Gloucester County, adding to nearly 60 who fell ill in...
U.S. Warns Partners, Industrial Firms About Russian Hacking Operation
May 29 2020 // The U.S. National Security Agency on Thursday warned government partners and private companies about a Russian hacking operation that uses a special intrusion technique to target operating systems often used by industrial...
Trump Plans Legislation Targeting Social Media Immunity
May 29 2020 // President Donald Trump said he will introduce legislation that may scrap or weaken a law that has protected internet companies, including Twitter and Facebook, in an extraordinary attempt to regulate social media platforms...
Tyson Foods to Close Iowa Meat Plant as More Workers Catch COVID-19
May 28 2020 // Tyson Foods Inc. said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country’s...
Crashed Pakistan Plane First Tried to Land Without Landing Gear at 203 Miles Per Hour
May 28 2020 // A deadly plane crash in Pakistan is prompting questions about how the crew could touch down without landing gear when their sophisticated jetliner was bristling with equipment to prevent pilots from doing just that. After...
Australia’s 4 Summer Natural Disasters Cost Insurers More Than US$3.44 Billion
May 28 2020 // The cost of insurance claims from four natural catastrophes during Australia’s 2019-2020 summer has passed A$5.19 billion (US$3.44 billion), said the Insurance Council of Australia (ICA). Thousands of new claims and...
After Big Oil Loses Appeal, Climate Suits Appear Headed to California Courts
May 28 2020 // Big Oil lost a pair of court battles this week that could lead to trials in lawsuits by California cities and counties seeking damages for the impact of climate change. The 9th U.S. Circuit Court of Appeals rejected...
Driving Hasn’t Found Its New Normal Yet: Opinion
May 28 2020 // Memorial Day weekend, the typical start of the U.S. summer driving season, has come and gone. Data on just how much driving Americans did is trickling in, and it’s a bit noisy. Apple mobility trends show searches for...
Could Hong Kong’s Role as Global Financial Hub Be Jeopardized by China Security Law?
May 28 2020 // China’s parliament approved a decision on Thursday to go forward with national security legislation for Hong Kong that democracy activists in the city and Western countries fear could erode its freedoms and...
Allianz and Generali Plan to Sell Life Insurance Assets: Sources
May 28 2020 // Two of Europe’s largest insurers are gearing up to sell billions of euros in life assets — a niche corner of dealmaking keeping bankers busy amid the coronavirus pandemic. Allianz SE is planning to divest as...
NY Stock Exchange Partially Reopens Trading Floor; Traders, Staff Sign Liability Waivers
May 28 2020 // New York Governor Andrew Cuomo donned a face mask and rang the opening bell at the New York Stock Exchange on Tuesday, marking the partial reopening of the trading floor at 11 Wall Street, which had been shuttered since...
SCOR CEO Takes 30% Bonus Cut; 2019 Dividend Scrapped on COVID-19 Crisis
May 26 2020 // French reinsurer SCOR announced that its Chairman & CEO Denis Kessler will receive 30% less in his annual variable compensation for 2019, which is equal to €325,260 (US$354,333). In addition, the company has decided...
Nevada Governor Declares Emergency After Big Quake
May 26 2020 // Gov. Seve Sisolak has declared a state of emergency after Nevada’s biggest earthquake in 65 years caused significant damage to three U.S. highways, including the major route connecting Reno to Las Vegas. Sisolak said...
