Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Report Urges Insurers to Eye Impact of Climate Change on Underwriting, Investments
Nov 21 2019 // Insurers can no longer put off addressing the impact of climate change on their underwriting, pricing, and investment decisions, as well as their bottom lines, a recent analysis from Deloitte asserts. “The escalating...
Medical Association Calls for Immediate Ban on All E-Cigarettes, Vaping Devices
Nov 21 2019 // The American Medical Association has called for an immediate ban on all electronic cigarettes and vaping devices. The group adopted the sweeping stance at a policy-making meeting in San Diego. It aims to lobby for state...
Auto Safety Advocates Oppose FCC Plan for Sharing Unused Spectrum With Wi-Fi
Nov 21 2019 // A little-used block of spectrum set aside for auto safety should be split to accommodate the rapidly growing number of wireless devices, the chairman of the U.S. telecoms regulator said on Wednesday, a plan that sets up a...
OxyContin Marketed in China as Being Less Addictive — A Familiar Misleading Claim
Nov 21 2019 // Thousands of lawsuits across the United States have accused a drug company owned by the billionaire Sackler family of using false claims to push highly addictive opioids on an unsuspecting nation, fueling the deadliest...
Report Says Connecticut Has Highest Number of Metal Theft Claims in U.S.
Nov 21 2019 // A new report says Connecticut has had the most metal theft insurance claims in the country. The National Insurance Crime Bureau issued a report recently that found that Connecticut had the most metal theft insurance claims...
U.S. Safety Agency Faults Uber, Driver in Probe of 2018 Autonomous Car Crash Death
Nov 20 2019 // A U.S. safety agency on Tuesday faulted Uber for inadequate attention to safety and decisions in the company’s autonomous vehicle development in an investigation into the first-ever death involving a self-driving...
Federal Reserve Approves BB&T and SunTrust Banks Merger
Nov 19 2019 // The Federal Reserve Board on Tuesday approved the application by BB&T Corp. of Winston-Salem, North Carolina, to merge with SunTrust Banks, Inc. of Atlanta, Georgia. The merged entity will be called Truist Financial...
Experts Say Oklahoma’s Insurance Business Transfer Law Will Boost Economy
Nov 19 2019 // An international forum of insurance experts meeting in Tulsa, Oklahoma, said the Insurance Business Transfer law expected to bring an economic boost to the state. The IBT law creates a way for insurers to transfer entire...
House Passes Terrorism Reinsurance Renewal; Senate to Take Up Measure
Nov 19 2019 // The House of Representatives on Monday passed a bill reauthorizing the federal terrorism reinsurance program by a vote of 385-22. The vote came on the Terrorism Risk Insurance Program Reauthorization Act of 2019 (H.R....
Dollar General to Pay $6M to Settle Federal Class Race Discrimination Suit
Nov 19 2019 // Major retail chain Dollar General will pay $6 million and furnish other relief to settle a federal class race discrimination lawsuit filed in the U.S. District Court for the Northern District of Illinois in...
California Sues E-Cigarette Seller Juul for Targeting Teens with Nicotine Products
Nov 19 2019 // The state of California on Monday sued e-cigarette maker Juul Labs Inc., alleging the San Francisco company engaged in a “systematic” and “wildly successful” campaign to attract teenagers to its...
Civilian Plane Crash Deaths Rose 15% in 2018
Nov 18 2019 // Federal safety officials say that 393 people died in U.S. civilian plane crashes last year, a 15% increase over the year before. All but a dozen of the deaths occurred in general aviation, which usually involves small...
N.J. Man Sentenced to 150 Months in Prison for Insurance Fraud, Drug Distribution
Nov 18 2019 // An Atlantic City, N.J., man was sentenced to 150 months in prison for selling more than 200 grams of crystal methamphetamine and for staging a fake robbery of a Union County, N.J., pawnshop for the purpose of perpetrating...
Microsoft Puts Israeli Facial Recognition Startup Under Ethics Microscope
Nov 18 2019 // Microsoft Corp. has hired former U.S. Attorney General Eric Holder to investigate whether the use of facial recognition technology developed by an Israeli startup it funded complies with its ethics principles, the company...
Data Firm Palantir’s Partnership with Japan’s Sompo Insurance Targets Health, Cyber
Nov 18 2019 // Silicon Valley data analytics company Palantir Technologies Inc. has established a joint venture with Japanese insurance holding company Sompo Holdings Inc. that will initially focus on health and cybersecurity clients,...
Demand for M&A Insurance Sees Significant Growth: Aon
Nov 18 2019 // An increase in M&A activity in today’s challenging economic environment is driving significant growth in demand for M&A insurance products, according to a report published by Aon. Aon’s report finds...
Smokers Who Switch from Tobacco to Vaping Rapidly Boost Heart Health: Study
Nov 18 2019 // Chronic smokers who switched from tobacco cigarettes to e-cigarette vapes in a large randomized control trial saw a significant improvement in markers of heart health after just a month, researchers said on Friday. In...
Supreme Court Will Hear Google’s Latest Effort to End Oracle’s Copyright Claim
Nov 18 2019 // The U.S. Supreme Court on Friday agreed to hear Google’s bid to escape Oracle Corp.’s multi-billion dollar lawsuit accusing Google of infringing software copyrights to build the Android operating system that...
Boosting Resilience to U.S. Wildfires Should Be Insurance Industry Priority: I.I.I.
Nov 18 2019 // Nearly a year after the deadliest and costliest wildfire in U.S. history, insurers and the customers they cover are revisiting how to reduce their collective exposure to this risk, according to the Insurance Information...
People & Places
Nov 18 2019 // National W. R. Berkley Corp. has appointed Marlo M. Edwards as president of Verus Underwriting Managers. Edwards succeeds Dale H. Pilkington, who is retiring. Edwards joins Verus with 20 years of experience in the property...
