Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Drone Segment Will be Biggest Growth in Aviation Insurance in 50 Years, Experts Say
Feb 22 2018 // Now’s the time to get in on the ground floor of the business of insuring drones. That’s according to panel of experts speaking recently in a drone insurance webinar hosted by Insurance Journal. The consensus...
HDI Adds to U.S. Engineering, Construction Divisions
Feb 22 2018 // HDI Global SE has appointed John Schossler has been appointed assistant vice president, Casualty Construction manager, based in Chicago. Schossler will lead all efforts in the development of this segment by cultivating...
Law Enforcement Officers 3 Times More Likely to Be Injured Than Other Workers
Feb 22 2018 // An estimated 669,100 law enforcement officers were treated in emergency departments across the nation for nonfatal injuries between 2003 and 2014, according to a study by researchers at the National Institute for...
AXA Posts Higher-Than-Expected $7.6B Profit, Ahead of U.S. IPO
Feb 22 2018 // French insurer AXA posted higher-than-expected 2017 net profits and stronger earnings in the United States, ahead of the planned flotation of its American life insurance and asset management businesses in the second...
Kentucky Sues Cardinal Health Over State Opioid Epidemic
Feb 21 2018 // Kentucky’s attorney general on Monday filed a lawsuit against drug distributor Cardinal Health Inc , accusing it of contributing to the opioid epidemic by failing to halt or report suspiciously large or frequent...
U.S. Supreme Rules Against Insurer’s Appeal Challenging Profits in Rate Setting
Feb 20 2018 // The U.S. Supreme Court on Tuesday declined to hear Mercury Insurance Co.’s appeal to overturn a February 2017 California Court of Appeal ruling that held Insurance Commissioner Dave Jones’ 2013 order requiring...
Monsanto Loses Bid to Stop Arkansas Ban on Herbicide Dicamba
Feb 20 2018 // An Arkansas judge has dismissed a Monsanto Co. lawsuit aiming to stop Arkansas from blocking the use of a controversial farm chemical the company makes, dealing a blow to its attempts to increase sales of genetically...
Washington Wheat Farmers Oppose Proposed Trump Budget Cuts to Crop Insurance
Feb 20 2018 // Washington state wheat farmers are protesting cuts to their safety net programs in a budget proposal released by President Donald Trump this week. The Spokesman-Review review reports growers are concerned about...
The Cost of Cyber Attacks to U.S. Economy
Feb 20 2018 // Malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016, the White House said Friday. The estimate comes in a Council of Economic Advisers report on the impact of cyber attacks on U.S....
Surplus Line Premium Increased by 6.4% Nationwide in 2017
Feb 19 2018 // All 15 surplus lines service offices across the United States experienced increases in excess and surplus lines insurance premium in 2017, the Surplus Lines Stamping Office of Texas reported. U.S. surplus line premium...
Satisfied Independent Agents Are Growth Engines for P/C Carriers: J.D. Power
Feb 19 2018 // Despite the growth of both technology-based and direct-to-customer sales channels in the property/casualty (P/C) insurance industry, independent agents still control the lion’s share of P/C premiums and represent a...
U.S. Judge Rules ‘Gig Economy’ Driver Is Independent Contractor
Feb 19 2018 // A U.S. judge in San Francisco earlier this month said a former Grubhub Inc. delivery driver was an independent contractor and not the company’s employee in the first case of its kind against a “gig...
Surplus Line Premium Increased by 6.4% Nationwide in 2017
Feb 19 2018 // All 15 surplus lines service offices across the United States experienced increases in excess and surplus (E&S) lines insurance premium in 2017, the Surplus Lines Stamping Office of Texas (SLTX) reports. U.S. surplus...
Work-Related Deaths Decline in Louisiana
Feb 19 2018 // The number of work-related fatalities in Louisiana decreased in 2016, despite an uptick in work-related fatalities nationally that year, according to the Louisiana Workforce Commission. Citing the latest Bureau of Labor...
Motor Vehicle Deaths in U.S. Again Top 40,000
Feb 16 2018 // Motor vehicle accidents claimed 40,100 deaths in 2017, almost the same as in 2016 when 40,327 were reported. The National Safety Council says its preliminary 2017 estimate is six percent higher than the number of deaths in...
Allianz Reports 22% Drop in Q4 Profit but Still Plans Dividend Hike
Feb 16 2018 // A record year for natural-disaster insurance claims worldwide and a decline in fourth quarter profit wasn’t enough to stop Allianz SE from raising its dividend. Europe’s biggest insurer will increase the...
Siemens Joins 8 Industry Partners (Including Allianz) to Counter Cyber Attacks
Feb 16 2018 // Siemens AG is joining with companies including Airbus SE and IBM to try to counter large-scale hacking attacks that threaten to cost $8 trillion in damage over the next five years. The group signed a charter Friday at a...
U.S. Says Russia to Blame for Last June’s NotPetya Cyber Attack
Feb 16 2018 // The United States on Thursday publicly blamed Russia for carrying out the so-called NotPetya cyber attack last year that crippled government and business computers in Ukraine before spreading around the world. The...
18 States, Business Groups Oppose Coal Ash Cleanup Order at Tennessee Utility
Feb 16 2018 // Eighteen states, the U.S. Chamber of Commerce, national coal industry interests and more than a dozen other groups are urging an appeals court to overturn a coal ash cleanup order at a federal utility’s Tennessee...
Zurich’s Safi Joins Everest Insurance in Chicago as VP in U.S. Property Unit
Feb 15 2018 // Everest Re Group Ltd. announced Shaun Safi has joined the Everest Insurance U.S. Property team as vice president based in Chicago. Safi will oversee the retail property portfolio in the central region as well as the...
