Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Fitch: US P/C Insurers Hold at Neutral for 2025
Dec 12 2024 // U.S. property/casualty insurers are positioned favorably heading into 2025, Fitch Ratings forecasted in its annual outlook report. Citing “a strong personal lines turnaround” and “resiliency following an...
US Supreme Court Tosses Case Involving Securities Fraud Suit Against Nvidia
Dec 11 2024 // The U.S. Supreme Court sidestepped on Wednesday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing artificial intelligence chipmaker Nvidia of misleading investors about how...
US Commercial Lines Prices Up About 6% Again: WTW CLIPS
Dec 11 2024 // Broker WTW said commercial lines insurance rates increased overall by an average of 6.1% during the third quarter 2024. Quarterly price increases have been around 6% since the end of the pandemic, WTW reported in its...
AI Safety Is Hard to Steer With Science in Flux, US Official Says
Dec 11 2024 // Policymakers aiming to recommend safeguards for artificial intelligence are facing a formidable challenge: science that is still evolving. AI developers themselves are grappling with how to prevent abuse of novel systems,...
10 Importing Tips to Ensure Compliance with U.S. Customs
Dec 10 2024 // This post is part of a series sponsored by Trucordia. Use the ten tips below as a guide to ensuring your compliance with U.S. Customs when importing into the United States. Maintaining your compliance with U.S. Customs and...
Economic Threats Top of Mind for US Business Leaders
Dec 10 2024 // Economic downturn, labor shortages and inflation top the list of concerns for business leaders globally, according to the World Economic Forum’s 2024 Executive Opinion Survey, released by strategic partners Marsh...
US Small-Business Optimism Soars to Three-Year-High After Trump Win
Dec 10 2024 // US small-business optimism surged in November to a more than three-year high in anticipation of more favorable economic policies after Donald Trump sealed his return to the White House. The National Federation of...
US Issues Order Mandating Bird Flu Testing of Milk Supply
Dec 9 2024 // The U.S. issued a federal order on Friday mandating that the national milk supply be tested for bird flu, Agriculture Secretary Tom Vilsack told Reuters, as authorities seek to grapple with rapid spread of the virus among...
Insured Losses From Natural Disasters Top US$100B for 5th Consecutive Year: Swiss Re
Dec 6 2024 // Estimated insured losses from natural catastrophes are on track to surpass US$100 billion in 2024 – for the fifth consecutive year — and are even likely to hit US$135 billion-plus, according to Swiss Re...
Chinese Hackers Breached Eight US Telecom Providers, White House Says
Dec 5 2024 // Chinese hackers compromised eight American telecommunications companies as part of a wide-ranging espionage effort to gather intelligence about prominent US citizens, Biden administration officials said Wednesday. Anne...
People Moves: O’Connell to Lead Aon’s Reinsurance Global Cyber Strategy; Flude New CEO of Lancashire Insurance US; Hippo Names Collins CMO
Dec 5 2024 // Aon Names O’Connell as Global Cyber Strategy and Growth Leader Robert O’Connell Aon plc named Robert O’Connell as global cyber strategy and growth leader, executive managing director, within its...
AM Best: US P/C Industry Reverses Nine-Month Underwriting Loss
Dec 4 2024 // Growth in net earned premiums outpaced a slight increase in losses and loss adjustment expenses to result in the U.S. property/casualty industry posting a nine-month 2024 underwriting profit of $4.1 billion versus a loss...
US Official Fighting Chinese Telecom Intrusions Urges More Encryption
Dec 4 2024 // A senior U.S. official who is among those working to evict alleged Chinese hackers from American telecom companies has a word of advice for his fellow Americans: Use encryption. During a call with reporters on Tuesday,...
Brewery Managers Caught With Hands in Tip Jar, Says US Department of Labor
Dec 4 2024 // The U.S. Department of Labor’s Wage and Hour Division reports that it found Pennsylvania’s Sly Fox Brewing Co. unlawfully kept a portion of the tips earned by workers, allowing managers to participate in the...
Triple Threat Targets More Than 30,000 US Homes: CoreLogic
Dec 3 2024 // Year-round extreme risk from three natural disasters threatens more than 33,000 homes in the U.S., according to the latest analysis by CoreLogic. Hurricane wind, wildfire and inland flood are the most common combination of...
Flavored Vape Products Dispute Goes Before US Supreme Court
Dec 3 2024 // A dispute over the U.S. Food and Drug Administration’s refusal to let two e-cigarette companies sell flavored vape products due to their health risk to youths goes before the U.S. Supreme Court on Monday in another...
AM Best Revises Outlook for US Personal Lines Insurance Segment to ‘Stable’
Dec 2 2024 // AM Best has revised its outlook to stable from negative for the U.S. personal lines insurance segment for 2025, citing improved rate and pricing conditions, particularly in the auto insurance space, along with solid levels...
Outlook for US Commercial Insurance Segment ‘Stable’ as Profits Stay Strong: AM Best
Dec 2 2024 // AM Best is maintaining its stable market segment outlook on the U.S. commercial lines insurance sector for 2025, due partly to the segment’s persistently strong underwriting performance and improved investment...
US Product Recalls on Pace to Hit 6-Year High: Report
Dec 2 2024 // If the pace of product recalls continues in the fourth quarter, the number will reach a six-year high by the end of the year, a new report from Sedgwick shows. Year-to-date there have been 2,454 product recalls across five...
US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
Dec 2 2024 // Insurance carriers may want to examine policy language — and what information they request from insureds — after the U.S. Supreme Court let stand a lower court’s ruling which could force Argo Group to...
