Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Legal Experts See Obstacles for J&J Appeal of $4.7 Billion Talc Verdict
Jul 16 2018 // Johnson & Johnson has vowed to appeal a $4.7 billion verdict awarded to 22 women who claim asbestos-contaminated talc in the company’s products gave them ovarian cancer by arguing the plaintiffs’ science...
U.S. Sanctions Likely to Ban Use of Lloyd’s IT Platform for Processing Iran Insurance
Jul 16 2018 // New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country. European insurers, reinsurers,...
P/C Insurers Double Q1 Profit on Tax Changes, Growing Economy, Lower Cat Losses
Jul 16 2018 // Tax reform, a growing economy and lower catastrophe losses helped U.S. property/casualty insurers more than double their first quarter profit this year. Insurers’ net income after taxes surpassed $17 billion during...
U.S. Intelligence Warning: Cyber Threats Against U.S. Occurring Daily
Jul 16 2018 // Warning lights about cyber threats to U.S. national security are “blinking red” and the digital attempts to undermine America are occurring daily, not just at election time, the nation’s top intelligence...
Florida Man Gets 5 Years’ Probation for Workers’ Comp Fraud
Jul 16 2018 // A Trinity, Fla., man has been sentenced to five years’ probation, with the first six months to be served on home detention, for making a false statement connected to his workers’ compensation benefits,...
Global Premiums Rise by 1.5% in 2017, Driven by Emerging Markets: Swiss Re
Jul 16 2018 // Global insurance premiums continued to rise in 2017 with emerging markets leading the way, according to a study published by Swiss Re Institute’s sigma, which is celebrating its 50th anniversary of market...
Researchers Use Supercomputers to Quantify Quake Risk
Jul 16 2018 // Scientists and engineers are simulating precisely how a large-magnitude earthquake along the Hayward Fault would affect different locations and buildings across the San Francisco Bay Area. A team from Lawrence Berkeley...
People
Jul 16 2018 // Hanover Stone Solutions, an advisory firm providing risk consulting services to U.S. property/casualty and life insurance companies, has appointed Joanne Morrissey and Gary Dubois as senior advisors based in New York...
Trump Apologizes to UK Prime Minister for ‘Fake News’ Criticisms of Brexit Plan
Jul 14 2018 // President Donald Trump said on Friday the United States and Britain could secure a “great” post-Brexit trade deal, lavishing praise on Prime Minister Theresa May and contradicting his own withering assessment...
It’s Too Soon to Regulate Self-Driving Cars, Says U.S. Safety Official
Jul 13 2018 // It’s premature to regulate the self-driving vehicles being tested by companies such as General Motors Co. and Waymo LLC, the U.S. government’s top auto safety official said. “At this point the technology...
Trump Criticizes UK Prime Minister’s Brexit Plan, Saying He Would Have Done It Better
Jul 13 2018 // U.S. President Donald Trump said a free trade deal with Britain might be impossible if London went ahead with Prime Minister Theresa May’s proposals for post-Brexit ties with the European Union, in damaging remarks...
New Pass-Through Tax Guidance Now Expected by End of July
Jul 12 2018 // U.S. Treasury Department rules outlining which businesses structured as S corporations, partnerships and limited liability companies can claim a 20 percent tax deduction are likely to be delayed until the end of July,...
Court Rules Airport Screeners Shielded From Passenger Abuse Claims
Jul 12 2018 // Fliers may have a tough time recovering damages for invasive screenings at U.S. airport security checkpoints, after a federal appeals court on Wednesday said screeners are immune from claims under a federal law governing...
Ascot Brings On Navigators’ Piazza to Head New U.S. Marine Insurance Team
Jul 12 2018 // Specialty insurance underwriter Ascot Group has appointed a new U.S. marine insurance team led by Chris Piazza as executive vice president and head of U.S. Marine Insurance. Piazza will lead all aspects of Ascot’s...
Appeals Court Upholds Volkswagen’s $10 Billion Diesel Settlement with Owners
Jul 11 2018 // A federal appeals court on Monday upheld Volkswagen’s $10.03 billion settlement with the owners of nearly 500,000 polluting diesel vehicles announced in 2016. The three-judge panel of the U.S. 9th Circuit Court of...
Regulators Try to Navigate Legal, Social, Safety Issues Raised by Autonomous Vehicles
Jul 11 2018 // In closed-door meetings last March, U.S. transportation regulators and others grappled with questions about whether police should have the power to disable self-driving cars and whether an automatic alert that a robo-taxi...
Lawsuits Against Monsanto’s Roundup Cleared for Trial
Jul 11 2018 // Hundreds of lawsuits against Monsanto Co. by cancer survivors or families of those who died can proceed to trial, a federal judge ruled on Tuesday, finding there was sufficient evidence for a jury to hear the cases that...
Facebook Faces £500,000 Fine in UK over Cambridge Analytica Data Privacy Violations
Jul 11 2018 // Facebook Inc. could be fined a symbolic 500,000 pounds ($664,000) by the U.K.’s privacy regulator after the social network giant failed to prevent key user data falling into the hands of a political consultancy that...
Halliburton Sued by Feds for National Origin, Religious Discrimination
Jul 11 2018 // Federal officials have sued Houston-based energy giant Halliburton Energy Services Inc. for subjecting two employees to national origin and religious discrimination. The U.S. Equal Employment Opportunity Commission (EEOC)...
Zurich’s Flood Resilience Alliance Extended to Generate Additional Funding of $1B
Jul 10 2018 // Zurich Insurance Group announced that after five successful years its flood resilience alliance will be extended until 2023. In the last five years, a multi-sector alliance comprising the non-governmental organization...
