Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Disaster Planning for Agencies: Minding Your Business
Nov 20 2017 // Northern California and specifically Sonoma and Napa Counties have experienced the worst wildfires in the history of California. Most of these fires began around Oct. 8, 2017, during night with extremely high winds, that...
Markel Finalizes Acquisition of State National Companies
Nov 17 2017 // Markel Corp. has completed its previously announced acquisition of State National Companies, a specialty provider of property/casualty insurance services that operates two core businesses, program services and lender...
Barbican Insurance Launches U.S. Specialty Property MGA Targeting Southeast, Gulf Coasts
Nov 17 2017 // Barbican Insurance Group has launched Barbican Specialty US, a new managing general agency (MGA) providing wholesale excess and surplus (E&S) property insurance for small-to-medium-sized commercial operations along the...
Court Orders J&J to Pay $247 Million, Another Big Loss Over Hip Implant Product
Nov 17 2017 // Johnson & Johnson was ordered to pay $247 million to half a dozen patients who claimed the company hid defects in its Pinnacle artificial hips, its third big-dollar loss over the products. Officials of the...
House Passes Tax Cut Package; Debate Moves to Senate
Nov 17 2017 // Congressional Republicans took an important step on Thursday toward the biggest U.S. tax-code overhaul since the 1980s as the House of Representatives approved a broad package of tax cuts sought by senior lawmakers and...
Europe’s Re/Insurers Cut Coal Investments by $20B; U.S. Firms Fail to Act: Report
Nov 16 2017 // Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S. insurers has taken “meaningful action,” campaign group Unfriend Coal said on Wednesday. Government...
Hedge Funds Invest in Reinsurance Stocks on Expected Rate Hikes in 2018
Nov 16 2017 // Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North America, filings showed on Wednesday. Hurricanes in the United States and the...
Jury Sides with Fidelity in 10-Year Case Against Employee Who Alleged Retaliation
Nov 15 2017 // A U.S. jury on Tuesday sided with Fidelity Investments in rejecting a claim the mutual funds company retaliated against a former employee after she complained that it potentially defrauded investors by incorrectly...
Prime Authorized to Write Surplus Lines in New Hampshire and Rhode Island
Nov 15 2017 // Salt Lake City, UT, Chicago, Illinois, November 15, 2017- Prime Holdings Insurance Services, Inc. (“Prime Holdings”) announced that its subsidiary, Prime Insurance Company (“Prime”), recently...
5 Ways the Insurance Industry Can Improve Cybersecurity: Former U.S. Security Chief Clarke
Nov 15 2017 // “The insurance industry has a great record of solving problems where government regulation didn’t because the government either didn’t know how to regulate, or the government wouldn’t...
Connecticut High Court to Hear Sandy Hook Victims’ Case Against Gunmaker
Nov 14 2017 // Connecticut’s highest court is set to hear arguments on Tuesday in a closely watched case brought by the families of the victims of the 2012 Sandy Hook Elementary School shooting against the maker of the assault...
Dublin Attracts Wave of U.S. Financial Services Firms Seeking Post-Brexit EU Hubs
Nov 14 2017 // American direct investment in financial services that would normally head for Britain will be diverted in part to Dublin because of Brexit, Ireland’s financial services minister Michael D’Arcy said on Friday...
Uber, Tech Firms Helping Their Contract Workers Sign onto Obamacare
Nov 14 2017 // Uber Technologies Inc. and some smaller technology companies are launching campaigns to publicize Obamacare enrollment among their contract workers after the Trump administration slashed government marketing for the health...
Global Regulators Expected to Drop ‘Too Big to Fail’ Test for Insurers
Nov 14 2017 // Global financial regulators have decided to ditch a “too big to fail” gauge for assessing the riskiness of insurers, according to a source briefed on the matter, in a big win for companies such as American...
Houston Grand Jury Indicts 3 in Federal Workers’ Comp Fraud Scheme
Nov 13 2017 // A federal grand jury in Houston has returned a, indictment against three people, including two siblings, charging them with conspiracy to commit wire fraud, kickbacks and money laundering connected with an alleged federal...
New Phase in California Wildfire Cleanup: Clearing Ruins
Nov 13 2017 // Rumbling bulldozers and front-loaders have started scraping up the ash, charred wood and crumbled bricks and concrete left from thousands of homes and buildings destroyed by blazes in California wine country, launching a...
Las Vegas Autonomous Bus Crash Being Probed by U.S. Safety Board
Nov 13 2017 // Federal transportation safety officials headed to Las Vegas on Friday to investigate a collision between a self-driving shuttle bus on its first day of service and a truck, which was blamed on human error. The U.S....
Insurers Face Potential $1 Billion in Claims for Las Vegas Mass Shooting
Nov 13 2017 // The deadliest mass shooting in modern U.S. history is adding to soaring costs for insurance companies, which are already taking a beating this year from an onslaught of hurricanes, earthquakes and wildfires. The industry...
Defense Bill Would Revive Civilian Drone Registration Requirement
Nov 13 2017 // The government’s registration system for owners of civilian drones would be restored in a defense policy bill agreed to by House and Senate negotiators. The measure boosting aviation regulators’ ability to...
U.S. Expands Drug Testing for Pilots, Train Engineers to Include Opioids
Nov 13 2017 // Airline pilots, train engineers and truck drivers subject to federally mandated drug screening will soon be tested for a range of opioids under a new rule issued Thursday. While transportation workers have long been...
