Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
How Early Signs of Lung Effects of Vaping Were Missed and Downplayed
Sep 30 2019 // Scientists, regulators and e-cigarette proponents missed, ignored or downplayed signs that vaping could significantly damage the lungs for nearly a decade, a review of medical literature, government documents and...
Strong E&S Premium Growth in Response to Weak Results; Top 15 E&S Writers: Fitch
Sep 30 2019 // Direct written premiums in the U.S. excess and surplus (E&S) lines market during 2018 grew at its greatest rate since 2012, increasing 11% and representing the eighth consecutive year of premium growth, according to...
Parametric Catastrophe Facility CCRIF Pays US$12.8M to Bahamas for Dorian Damages
Sep 27 2019 // CCRIF has made two payouts to the government of The Bahamas totaling US$12.8 million in the aftermath of Hurricane Dorian, which caused widespread destruction in the northern part of the archipelago. The Bahamas has three...
U.S. Private Flood Insurance: The Journey to Build a New Market
Sep 27 2019 // Not long ago, private flood insurance was thought to be an impossible dream in the property/casualty sector. There were numerous arguments supporting the common wisdom that a meaningful market for residential flood...
Vaping Now Linked to 12 Deaths, 805 Illnesses in U.S.
Sep 27 2019 // U.S. health officials on Thursday reported 805 confirmed and probable cases and 12 deaths so far from a mysterious respiratory illness tied to vaping, with the outbreak showing no signs of losing steam. Last week, the U.S....
Local Officials from Across U.S. Pressure McDonald’s on Workplace Harassment Policies
Sep 27 2019 // Scores of local government officials from 31 U.S. states pressured McDonald’s Corp.’s on Thursday to do a better job of protecting workers from groping, obscene comments and other forms of sexual harassment,...
Boeing Vows New Safety Panel, Design Changes in Response to 737 Max Crashes
Sep 26 2019 // Boeing Co. aims to sharpen its focus on safety after the 737 Max’s grounding ends, forming a new oversight panel and recommending changes to the planemaker’s structure and design practices after two crashes...
U.S. Aviation Regulator Denies It Misled Congress on 737 Max Inspectors
Sep 25 2019 // American aviation regulators misled Congress about a whistle-blower’s allegation that many inspectors performing safety assessments on the now-grounded Boeing Co. 737 Max airplane weren’t properly qualified to...
How U.S. Is Attempting to Manage Risk from ‘Insider’ Terrorist Threat in Aviation
Sep 25 2019 // The arrest of an airline mechanic suspected of being sympathetic with terrorists and charged with sabotaging a jetliner has renewed fear about the “insider threat” to aviation security. Despite security...
Alaska Has This Year’s Most Expensive Wildfire in U.S.
Sep 24 2019 // The nation’s most expensive wildfire this year is one that has been burning for months on Alaska’s Kenai Peninsula. The Swan Lake Fire has so far cost about $46 million to fight, according to the National...
Excess & Surplus Market Soars as Standard Carriers, Lloyd’s Drop Accounts
Sep 24 2019 // Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed. The excess and surplus lines sector is enjoying its...
Many Major Central Banks, Minus U.S. Fed, Taking Action on Climate Change Risks
Sep 24 2019 // Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the great and good of the British insurance industry. “I’m going to give you a speech without a joke, I’m...
Dangers of Booming Securitized Loan Market Highlighted by Bank for Int’l Settlements
Sep 23 2019 // Lending standards in the rapidly growing loan market are deteriorating and complex financial products that mask risks to banks have parallels with the run-up to the 2008 financial crisis, the Bank for International...
How Forested Communities Are Trying to Adapt to Growing Wildfire Threat
Sep 23 2019 // Unless it’s Sunday, Kelly Loew is steering her rusty red Jeep down the same mail route in Shingletown, as she has six days a week for the last seven years. But she delivers less mail these days as California’s...
California Now Looking for Ways to Preserve Environmental Clout
Sep 20 2019 // The Trump administration’s decision to stop California from setting its own emission standards for cars and trucks would undermine the state’s ability to convince the world’s largest automakers that they...
Starr Promotes Puffer and Geoghean in the Western U.S.
Sep 20 2019 // Starr Insurance Cos. announced leadership promotions and a new structure for its Western sales region. Starr’s Western region sales operation has been split into two units, Pacific Northwest and Southwest, and two...
Generali Launches U.S. Specialty Insurance Division, Focusing on Warranty Services
Sep 20 2019 // Generali US Branch, the U.S. arm of Generali Group, announced the launch of its Specialty Insurance Division, which will focus on providing warranty services and solutions. The Specialty Insurance Division will provide...
Re/insurers Rethink Climate Change Risks as Losses Grow from Wildfires, Floods, Hail
Sep 20 2019 // By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer...
Hurricane Humberto Grazes Bermuda, Causing Little Damage
Sep 20 2019 // Cleanup crews in Bermuda were busy at work on Thursday after Hurricane Humberto grazed the island, which escaped major harm despite winds that reached around 100 miles per hour (161 kph) snapping power poles and lifting...
Beazley Launches Title IX Coverage for Educational Institutions
Sep 19 2019 // Specialist insurer Beazley has launched a comprehensive policy designed to cover infringements of Title IX, the federal law prohibiting discrimination based on sex in any public education program. The policy provides...
