Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
US East Coast Dockworkers Strike, Halting Half the Nation’s Ocean Shipping
Oct 1 2024 // Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in nearly 50 years, halting the flow of about half the nation’s ocean shipping after negotiations...
Helene Dumps Rain on Millions of US Homes That Lack Flood Insurance
Sep 30 2024 // On Thursday night Helene crashed into Florida’s coast as a Category 4 hurricane. The giant storm with 140-mile-per-hour winds made landfall close to where Hurricane Debby hit in August and where Idalia struck just...
Cargo Carriers Fear Port Strike Will Paralyze Half of US Trade
Sep 30 2024 // The world’s top container carrier is urging customers to move US cargo through East and Gulf Coast ports before the planned start on Tuesday of a dockworker strike that threatens to paralyze as much as half the...
Biggest LNG Exporter in the US Wants to Define Emission Rules
Sep 27 2024 // Cheniere Energy Inc.’s top executive Jack Fusco wants the biggest gas exporter in the US to set the rules to measure the environmental impact of liquefied natural gas, using a fleet of methane tracking technologies...
Climate Change and Rising US Insurance Rates
Sep 27 2024 // A new article directly blames climate change for rising U.S. insurance rates. While the article mulls the various and numerous reasons for rising rates, it calls out what the author sees as a “common thread”...
US Court Says Man Can Sue Pennsylvania Over 26 Years of Solitary Confinement
Sep 27 2024 // A man who spent 26 years in solitary confinement despite a history of mental illness can sue Pennsylvania prison officials for alleged cruel and unusual punishment, a U.S. appeals court said in reviving the man’s...
Why US Home Insurance Rates Are Rising Fast – Climate Change Plays a Big Role
Sep 26 2024 // Millions of Americans have been watching with growing alarm as their homeowners insurance premiums rise and their coverage shrinks. Nationwide, premiums rose 34% between 2017 and 2023, and they continued to rise in 2024...
US Court Declines to Dismiss Mandarin Hotel COVID-19 Claim Against Insurers
Sep 25 2024 // Insurers have failed to win dismissal of a federal COVID-19 business interruption lawsuit against them by the luxury hotel chain Mandarin Oriental. Judge John P. Cronan of U.S District Court in New York found that...
Aon Launches US Severe Convective Storm Model
Sep 24 2024 // Just a few weeks after unofficially announcing that a new catastrophe model was in the works, Aon officially announced the launch of a model to analyze U.S. Severe Convective Storms this week. Paul Shedden, head of global...
People Moves: HDI Global Taps SCOR’s Ahn as HK Branch CEO; Amwins Global Risks Promotes Abraham as CEO, Succeeding Mathis, Who Returns to US
Sep 20 2024 // This edition of International People Moves details appointments at HDI Global and Amwins Global Risks. A summary of these new hires follows here. HDI Global Taps SCOR’s Ahn as HK Branch CEO, Lau Named Director APAC...
People Moves: AIG Appoints Walsh CFO; Rokstone Names Baker Deputy Head of US Casualty; Applied Underwriters Hires, Promotes Leadership
Sep 20 2024 // AIG Appoints Walsh Executive Vice President, Chief Financial Officer Keith Walsh American International Group, Inc. (AIG), headquartered in New York City, named Keith Walsh as executive vice president and chief financial...
Report: Over 250,000 US Properties Have Repeated NFIP Claims
Sep 19 2024 // More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program billions of dollars in claims, according to new federal data compiled by the...
US Sues Ship Owner, Operator Over Baltimore Bridge Collapse
Sep 18 2024 // The US sued the owner and the operator of a Singapore-flagged ship that rammed into a Baltimore bridge in March, the most aggressive action to date in response to a disaster that killed six workers and threw the...
US Property Insurance Rates Fall for First Time Since 2017
Sep 17 2024 // US property insurance rates are decreasing for the first time in almost seven years, after insurers returned to profitability amid lower losses tied to catastrophes. The average US property insurance rate decreased 0.94%...
Personal Lines Turnaround Fuels US P/C Industry Underwriting Gain
Sep 17 2024 // A turnaround in the personal lines insurance segment results was a key driver of an overall $3.8 billion profit from underwriting for the U.S. property/casualty insurance industry, according to a new report from AM...
Reinsurance Outlook to ‘Neutral’; US to Push for Double-Digit Casualty Increases
Sep 16 2024 // Fitch Ratings said reinsurers are likely to push for double-digit U.S. casualty rate increases during January renewals to keep up with loss trends from social inflation. The rating agency in a new report changed its...
US P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021
Sep 16 2024 // The U.S. property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report. “After years of consistent losses,...
TD to Pay $28 Million for Sharing Inaccurate US Consumer Data
Sep 13 2024 // Toronto-Dominion Bank will pay almost $28 million in fines and restitution after the Consumer Financial Protection Bureau said the lender shared inaccurate information about tens of thousands of US customers with consumer...
Cyberattacks on US Utilities Surged 70% This Year, Says Research Firm
Sep 12 2024 // U.S. utilities faced a near 70% jump in cyberattacks this year over the same period in 2023, according to data from Check Point Research, underlining the escalating threat to a critical infrastructure. The utilities and...
US Nuclear Verdicts Break Records and Drive Social Inflation to 7% in 2023: Report
Sep 11 2024 // Nuclear verdicts in the United States are breaking records with 27 court cases each awarding compensation of more than US$100 million during 2023, according to Swiss Re executives. Social inflation in US rose to 7% in 2023...
