Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Some Details of the $2 Trillion U.S. Senate Coronavirus Rescue Bill
Mar 25 2020 // U.S. senators will vote on Wednesday on a $2 trillion bipartisan package of legislation to alleviate the devastating economic impact of the coronavirus pandemic, hoping it will become law quickly so they can get out of...
How East Insurance Regulators Are Responding to the Coronavirus Pandemic
Mar 25 2020 // As insurers continue to monitor the spread and impact of COVID-19, insurance regulators across the East region of the U.S. are issuing guidance on how the industry can respond. “There is almost no aspect of the...
UK, U.S. Banks and Regulators Warn of Wave of Coronavirus Scams
Mar 25 2020 // UK banks are stepping up fraud prevention measures to protect customers from scammers eager to exploit the coronavirus pandemic with a whole range of new tricks, including fake sales of medical supplies and bogus...
UK Travel Insurers Expect to Pay Record Coronavirus Claims of US$319M
Mar 24 2020 // UK travel insurers expect to pay record claims of at least £275 million (US$319 million) due to the coronavirus pandemic, according to first estimates from the Association of British Insurers (ABI). The vast majority of...
Supply Chain Problems Move from China to U.S. and Other Nations
Mar 23 2020 // Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most...
Western Supply Chains Begin to Buckle on Expanding Coronavirus Lockdowns
Mar 23 2020 // Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most...
Treasury Secretary Mnuchin Says Coronavirus Lockdown to Last Until June
Mar 23 2020 // The lockdown affecting large segments of the American public to try to curb the spread of the coronavirus is likely to last 10 to 12 weeks, or until early June, U.S. Treasury Secretary Steven Mnuchin said on...
New Jersey Food Manufacturer Faces $77K in Penalties After Worker Injury
Mar 23 2020 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited D.O. Productions LLC for lockout/tagout violations after unguarded machinery caused severe hand injuries to an employee at...
Spring Floods in U.S. Should Be Moderate Compared to Last Year: NOAA
Mar 23 2020 // Too often disasters come in threes. But the year of global pandemic and record wildfires in Australia will not also be a year of historic floods in the U.S., forecasters predict. Last year saw record floods in several...
FEMA Tackles COVID-19 While Also Facing Past Disasters, Spring Flood Season
Mar 23 2020 // It wasn’t until Wednesday, five days after President Donald Trump declared a national emergency, that the Federal Emergency Management Agency announced it was “leading the federal coordination” to the...
Manufacturers: Mostly On Their Own to Face Coronavirus Insurance
Mar 23 2020 // Remote Work Not Much Help for Assembly Lines Property/casualty insurance professionals are trying to provide advice and empathy to their manufacturing clients coping with the effects of the spread of the coronavirus. But...
Cruel Paradox: Beating Virus Means U.S. Recession
Mar 20 2020 // The coronavirus is dealing a death blow to the longest U.S. economic expansion on record, triggering layoffs and putting intense strain on the nation’s financial system. In a cruel paradox, the very steps that are...
Insurers Reject House Members’ Request to Cover Uninsured COVID Business Losses
Mar 20 2020 // A bipartisan group of U.S. House members has asked insurers to retroactively recognize financial losses relating to COVID-19 under commercial business interruption coverage for policyholders. Eighteen House members made...
Swedbank Slapped with Record $386M Fine for Money-Laundering Breaches
Mar 20 2020 // Sweden’s financial watchdog hit lender Swedbank with a record fine of 4 billion crowns ($386 million) on Thursday for serious deficiencies in its anti-money-laundering work and said the bank had withheld information...
Judge Warns of Jury Harassment, Intimidation in N.C. Insurance Bribery Case
Mar 20 2020 // A federal judge on Wednesday ordered two men convicted of trying to bribe a North Carolina insurance regulator not to contact jurors from their recently completed trial after learning a consultant attempted to do so on...
Life Insurers Go Slow on New Policies to Limit Coronavirus Risk
Mar 19 2020 // U.S. life insurers are trying to curb their own risks to coronavirus by imposing waiting periods for applicants who have traveled to regions with widespread outbreaks, industry experts said. Life insurers are worried about...
California Places All Residents Under ‘Stay at Home’ Order
Mar 19 2020 // California’s governor on Thursday issued an unprecedented statewide “stay at home order” directing the state’s 40 million residents to hunker down in their homes for the foreseeable future in the...
Report: Climate Change Requires a ‘Rethink’ of How Catastrophic Events are Funded
Mar 19 2020 // Severe weather events and demographic challenges will continue to strain government finances, a trend that will require “a rethink of how catastrophic events are funded” and push the need for greater use of...
Broker BMS Appoints Pfeffer from OneBeacon as U.S. Chief Casualty Officer
Mar 19 2020 // BMS Group, the independent specialist re/insurance broker, announced the appointment of Jonah Pfeffer as chief casualty officer at BMS Re U.S., effective immediately. He will report to Pete Chandler, president and CEO at...
Colorado Man And His Insurer to Pay $500K Over 2017 Wildfire
Mar 19 2020 // A Colorado man and his insurance company paid $500,000 to the U.S. government over a wildfire that burned federal land in the state. Dale Owns and Grange Insurance Association made the payment to resolve liability for the...
