Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Nexus Rebrands Equinox Global as Nexus Specialty in the U.S.
Nov 5 2019 // London-based managing general agent Nexus Group announces the rebranding of Equinox Global Inc. in the U.S. as Nexus Specialty Inc. Nexus said the move will enhance the company’s aim to build both through acquisition...
Ascot Launches U.S. Management Liability and Financial Institutions Unit
Nov 5 2019 // Ascot is launching a Management Liability and Financial Institutions group, led by Ryan Becker as executive vice president. The new group will offer a wide range of admitted and non-admitted, primary and excess directors...
Vaping Firm Juul Disregarded Early Signs It Was Hooking Young Users: Reuters
Nov 5 2019 // The San Francisco startup that invented the groundbreaking Juul e-cigarette had a central goal during its development: captivating users with the first hit. The company had concluded that consumers had largely rejected...
Study Questions Vaping’s Role as Gateway to Teen Smoking
Nov 4 2019 // Vaping might not be the gateway to teen smoking that many had feared, according to a study. Using e-cigarettes doesn’t raise the likelihood a teenager would smoke, according to a study by U.S. researchers. Smoking...
Samsung Fire & Marine Insurance Finalizes Strategic Investment in Canopius
Nov 4 2019 // Canopius Group Ltd. announced the completion of Samsung Fire & Marine Insurance’s (SFMI) strategic investment in its business. The investment will support Canopius’s growth arising from the recent...
Maryland Business Owner Convicted for Defrauding Insurer of More Than $15M
Nov 4 2019 // A Maryland business owner has been convicted after a trial on federal charges for conspiring to burn down his business in order to obtain insurance proceeds. A federal jury convicted Demetrios ‘Jimmy’...
Argo Group Announces New Reporting Structure for Americas
Nov 4 2019 // Argo Group International Holdings Ltd., the Bermuda-based re/insurer, announced formation of a new reporting structure led by newly appointed executive vice presidents, who will report to Kevin Rehnberg, president, group...
Broker BMS Taps Willis Re’s Irvan as Chief Property Officer, U.S. Reinsurance
Nov 4 2019 // BMS Group, the London-based specialist re/insurance broker, announced the appointment of Jeff Irvan as chief property officer, U.S. reinsurance, reporting to BMS U.S. Reinsurance President Pete Chandler. The appointment is...
Crawford & Company Promotes Schafer to Chief Client Officer in Connecticut
Nov 4 2019 // Crawford & Company has promoted Jack Schafer to senior vice president, chief client officer of U.S. Loss Adjusting. Schafer will report to Rohit Verma, Crawford’s global chief operating officer and is based in...
Berkshire Hathaway’s Q3 Profit Tops Expectations
Nov 4 2019 // Berkshire Hathaway Inc. said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and billionaire Warren Buffett’s...
San Antonio Spa/Resort to Pay $2.6M to Settle National Origin Discrimination Suit
Nov 1 2019 // The former operators of a spa and resort in San Antonio, Texas, to pay $2,625,000 to settle a national origin discrimination lawsuit brought by a federal agency. The lawsuit filed by the U.S. Equal Employment Opportunity...
Beazley Makes Two New Underwriting Appointments to Its New York Team
Nov 1 2019 // Specialist insurer Beazley has appointed Matthew Westhoff as head of U.S. large commercial property based in New York. Reporting to Beazley’s global head of commercial property, Simon Jackson, Westhoff will manage...
Massachusetts Roofing Company Did Not Comply with Safety Settlement
Nov 1 2019 // The U.S. Department of Labor has asked the U.S. Court of Appeals for the First Circuit to hold The Roof Kings LLC and its owner, Craig Galligan, in civil contempt for not fulfilling the terms of an order issued by the...
U.S. Safety Board: No Alert System at Texas Petrochemical Facility Damaged by Fire
Nov 1 2019 // A company that owns a Houston-area petrochemical storage facility which burned for days in March didn’t have an alert system in place to warn of releases from its tanks, a federal agency investigating the blaze said...
Vaping Safety Debate Between Researchers, Activists Intensifies with Mystery Illness
Nov 1 2019 // Portland State University chemistry professor David Peyton had never been attacked with such intensity. Peyton and a group of other chemists discovered almost five years ago that e-cigarettes could sometimes produce more...
Hiscox Names Karpp to Head Executive Risks and Cyber Practice in U.S.
Nov 1 2019 // Global specialty insurer Hiscox has appointed Doug Karpp as head of Executive Risks and Cyber in the U.S, which includes Crime and Fidelity, Financial Services and Management Liability insurance products. Karpp, who...
Report: Cannabis Dispensaries May Become ‘Most Profitable’ Specialty Stores
Oct 31 2019 // Selling insurance to cannabis dispensaries may the business in which to be in the very near future. A new report claims that cannabis retailing could become one of the “most profitable specialty store categories...
Covering Cannabis Risks on a BOP
Oct 31 2019 // Back in June 2018, AAIS filed its first CannaBOP policy to provide admitted markets a BOP that would cover the unique risks associated with cannabis businesses. While the admitted market has yet to fully embrace the...
Indiana Environmental Regulators: Steelmaker Too Slow to Act on Chemical Spill
Oct 31 2019 // The state environmental agency said a northwestern Indiana steel mill knew it was leaking dangerous chemicals into Lake Michigan but failed to report the spill or act quickly to mitigate the risks. The cyanide and ammonia...
Court Orders Replay of Song Copyright Case Against Taylor Swift
Oct 31 2019 // Taylor Swift won’t escape so easily after all from allegations that her 2014 hit “Shake It Off” illegally copied the lyrics of “Playas Gon’ Play.” The U.S. Court of Appeals in San...
