Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
FBI, International Law Enforcement Disrupt Business Cyber Fraud Schemes
Jun 12 2018 // Federal law enforcement officials announced a significant coordinated effort to disrupt Business Email Compromise (BEC) schemes used to intercept and hijack wire transfers from businesses and individuals, including senior...
Deadly Crashes Involving Pedestrians on the Rise in Georgia
Jun 12 2018 // So far this year, 111 pedestrians have been killed on state roads – an increase of 16 percent from this time last year, according to the Georgia Department of Transportation. In 2017, 260 pedestrians were struck and...
U.S. Allows China’s Oceanwide Purchase of Insurer Genworth
Jun 11 2018 // A U.S. panel that reviews foreign investments for potential national security threats has approved China Oceanwide Holdings Group’s purchase of insurer Genworth Financial, the two companies said on Saturday. The...
Air Ambulances’ Sky-High Charges Leave Reimbursement Gaps, Lawsuits
Jun 11 2018 // When three-year-old West Cox’s fever hit 107 degrees, doctors called a helicopter. Hours earlier, the toddler, who’d been prescribed an antibiotic for a suspected ear infection, was at home in Princeton, West...
May 2018 Saw Severe Weather in Nearly Every Global Region: Aon Report
Jun 8 2018 // Four separate severe weather outbreaks swept across the United States during the month of May, which led to extensive hail, wind damage and flash flooding, according to Impact Forecasting, Aon Benfield’s catastrophe...
North Dakota Construction Firm to Pay $59K to Settle Sexual Harassment Suit
Jun 8 2018 // A North Dakota civil construction company operating in Minot will pay $59,000 to settle a sexual harassment and constructive discharge lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). The...
Insurance Cutback Among Reasons Europeans Withdrawing from Iranian Oil Market
Jun 7 2018 // European refiners are winding down oil purchases from Iran, closing the door on a fifth of the OPEC member’s crude exports after the United States imposed sanctions on Tehran, company and trading sources said. The...
NOAA Expects Sea Level Rise to Produce Record Coastal Flooding This Year
Jun 7 2018 // Break out the galoshes. The projected increase in high tide flooding in 2018 may be as much as 60 percent higher across U.S. coastlines compared to typical flooding about 20 years ago, according to scientists at the...
Profile: Major Growth Plans Ahead for Schinnerer Group – Now Rebranded as ‘Victor’
Jun 7 2018 // Big changes are ahead at The Schinnerer Group, a managing general underwriter (MGU), which is getting a new name – Victor – and has some major expansion plans. From its current premium base of $1.2 billion, Victor has...
Hawaii Insurance Agent Busy Sorting out Coverage Mess from Lava Flows
Jun 6 2018 // It could be an understatement to say Amber Lopez, principal at Pacific Island Insurance LLC in Hawaii, has been busy over the past month as the island state’s erupting Kilauea sends lava flows throughout...
Lloyd’s Index Shows $92B at Risk in North American Cities Each Year
Jun 6 2018 // Powered by InsuranceJournal.tv Cities in the U.S. and Canada stand to lose $92.96 billion per year to risks like market crash, cyber attack and flood, an index from Lloyd’s released today shows. Lloyd’s newly...
Co-Pay Tactic by Benefit Managers Credited with Cutting Prescription Drug Prices
Jun 6 2018 // A recently adopted tactic by U.S. health plans to limit the financial assistance drugmakers provide directly to consumers for prescription medicines is taking a toll on drug prices, according to a new analysis released on...
Congress Could Shrink Federal Insurance Office
Jun 5 2018 // Congressional efforts to curtail the federal government’s involvement in insurance regulation continue this week as a House panel is scheduled to consider a measure to trim the sails of the Federal Insurance Office...
Energy Sector Cyber Insurance, Cybersecurity Struggles Leave Taxpayers, Customers Exposed
Jun 4 2018 // Insurers are limiting how much coverage energy companies can buy to protect themselves against a major attack by hackers, potentially leaving investors, customers and taxpayers on the hook for sizable losses. Brit...
Business Moves
Jun 4 2018 // Ascot US, Greyhawk Insurance Ascot US Holding Corp. has acquired Greyhawk Insurance Co. and its subsidiary, Grey-hawk Specialty Insurance Co. Greyhawk is a Colorado domiciled admitted lines insurer that has been in runoff...
Cyber Market Grew 32% But Small-Medium Firms Opted Out
Jun 4 2018 // The U.S. market for cyber insurance grew significantly in 2017, as direct premiums written rose nearly 32 percent year-over-year to $1.8 billion, and policies in force jumped 24 percent to 2.6 million, according to an A.M....
Oil Firms Using Robots, Drones for Dangerous Offshore Work
Jun 4 2018 // At BP’s massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor. Before MaggHD,...
People
Jun 4 2018 // Doug Slape has been promoted to second-in-command at the Texas Department of Insurance. Slape has been at the agency since 1988 and has served as deputy commissioner for the Financial Regulation Division the past three...
Researchers Cool Their 2018 Hurricane Season Forecast
Jun 1 2018 // Subtropical Storm Alberto kicked off the Atlantic hurricane season a week early, but don’t take that as a harbinger of terrible weather. In fact, cooler ocean temperatures are already spurring researchers to scale...
New ISO Program Targets Home Healthcare Insurance Market
Jun 1 2018 // ISO has launched a new home healthcare program that provides coverage and ratings for insurers covering the home healthcare market. ISO is a Verisk business. The aging population is one factor in the significant expansion...
