Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Risk Managers Cautious When It Comes to Use of Drones
Sep 7 2017 // When it comes to commercial drones usage, 61 percent of risk managers are concerned about the potential for invasion of privacy, according to a 2017 survey conducted by Munich Reinsurance America (Munich Re, US). Other...
Multi-Award Winning Telematics Innovator, The Floow, Opens First US Office
Sep 7 2017 // Sheffield, UK, September 7, 2017- UK based telematics innovator, The Floow, has announced the opening of its first US office in Detroit as it brings its industry leading approach to capturing and analysing mobility data to...
AIR Worldwide Estimates $65B – $75B in Texas Property Damage from Harvey Flooding
Sep 7 2017 // Boston-based catastrophe modeling firm AIR Worldwide has estimated property losses from the flooding in Texas caused by Hurricane Harvey’s record-breaking rainfall will be between $65 billion and $75 billion. These...
Some Insurers Stop Writing Policies on New Cars in Florida, Car Dealers Say
Sep 7 2017 // Insurers including Progressive Corp. and Allstate Corp. have stopped issuing policies on new cars in certain Florida counties, hindering vehicle sales days before Hurricane Irma is forecast to hit the state. The companies...
As Irma Looms, This Small Insurer Has an Outsized Bet on Florida
Sep 7 2017 // As Hurricane Irma edges closer to Florida, investors on Wall Street are watching a small insurer with an unusually big commitment to the state. Universal Insurance Holdings Inc., with a market capitalization dwarfed by...
House Unanimously Passes Bill to Ease Deployment of Self-Driving Cars
Sep 6 2017 // The U.S. House on Wednesday unanimously approved a sweeping proposal to speed the deployment of self-driving cars without human controls and bar states from blocking autonomous vehicles. The bill now goes to the Senate and...
Suit over Kona Beer Not Being Brewed in Hawaii Allowed to Proceed
Sep 6 2017 // Calling Hawaii “a state as well as a state of mind,” a federal judge refused to dismiss a lawsuit accusing the maker of Kona craft beer of misleading consumers into believing the beer was actually made in the...
Hurricane Irma Brings Fierce Winds, Surf and Rain to Caribbean Islands
Sep 6 2017 // Hurricane Irma, one of the most powerful Atlantic storms in a century, churned across northern Caribbean islands on Wednesday with a potentially catastrophic mix of fierce winds, surf and rain, en route to a possible...
Florida’s Private Flood Insurers Could Face Big Test from Hurricane Irma
Sep 6 2017 // Hurricane Irma could test a nascent private flood insurance market in Florida that some advocates say is a model for making U.S. flood coverage more affordable and commonplace in high-risk areas. Florida’s private...
On-Demand Cleaning Service Workers Are Employees, U.S. Labor Board Says
Sep 6 2017 // The National Labor Relations Board has issued a complaint against the digital on-demand platform Handy Technologies Inc., alleging that workers who provide its home cleaning services are employees despite the...
Powerful Hurricane Irma, on Path to Slam Caribbean Then Florida, Could Surpass Katrina
Sep 5 2017 // Hurricane Irma, the most powerful storm to form in the open Atlantic Ocean, made landfall in the Caribbean early Wednesday and barreled toward Puerto Rico on a path that may bring it ashore in Florida and destroy so much...
Former Louisiana Police Officer Pleads Guilty in Insurance Fraud Scheme
Sep 5 2017 // A former Louisiana police officer has pleaded guilty to his role in a vehicle fraud theft and insurance scheme. Acting U.S. Attorney Alexander C. Van Hook, in a news release, said 52-year-old Donald W. Malray entered the...
Western U.S. Wildfires Force Evacuations of Thousands
Sep 5 2017 // Wildfires forced thousands to flee their homes across the U.S. West during a sweltering, smoke-shrouded holiday weekend of record heat. The fires caused evacuations in Glacier National Park in Montana and many other parts...
Pre-Monte Carlo Outlook: Reinsurance Rates to Drop Up to 7.5% Despite Harvey
Sep 5 2017 // Global reinsurance rates are likely to fall by up to 7.5 percent at Jan 2018 renewals due to strong competition, despite the impact of Hurricane Harvey, ratings agencies said on Tuesday. Reinsurers, which help insurers...
Florida in State of Emergency as Category 5 Hurricane Irma Threatens
Sep 5 2017 // Florida declared a state of emergency before a possible hurricane strike after Irma strengthened to become a Category 5 storm on its approach to the Caribbean. Irma’s maximum winds rose as high as 175 miles an hour...
AGCS Expands Terrorism, Political Violence Coverage for U.S. Businesses
Sep 5 2017 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has launched coverage for U.S. businesses when faced with loss related to terrorism and political violence both at home and...
Harvey Leaves Texans to Clean Up Amid Health and Environmental Dangers
Sep 4 2017 // Harvey has moved on from the U.S. Gulf Coast, leaving behind a toxic stew of human sewage, dead cattle, leaking chemical plants, spilled gasoline storage tanks and abandoned pickup trucks. The cleanup will take patience,...
Southern U.S., Caribbean Islands Brace for Hurricane Irma
Sep 4 2017 // Hurricane Irma, barreling toward the Caribbean and the southern United States, was upgraded to a powerful Category 4 storm on Monday as islands in its path braced for a possible onslaught. Hurricane advisories were issued...
Flood Insurance Losses from Harvey Could Match Katrina’s, I.I.I. Says
Sep 4 2017 // Flood damage in Texas from Hurricane Harvey may equal that from 2005’s Hurricane Katrina, the costliest natural disaster in U.S. history, according to an insurance research group. As heavy rain pounded Houston and...
Middle Market Growth Spells Opportunity for California’s Insurance Community
Sep 4 2017 // The insurance community has at least two reasons to be interested in a new report on middle market companies, particularly those who are doing business in California. According to a report from American Express and Dun...
