Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. Risk Insurance Group, LLC Announces the Acquisition of IMS London American
Jul 10 2017 // Dallas, TX, July 10, 2017— U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property & Casualty wholesaler, announced today that it has acquired IMS London American Brokerage and Underwriting Services...
Deluges Follow Droughts as ‘Hydrological Extremes’ Become ‘New Normal’
Jul 10 2017 // Texas struggled through its driest year in history in 2011. Four years later was its wettest ever. The Mississippi River rose to all-time-high flood levels in 2011. In 2012, its second-lowest. After a six-year drought that...
People
Jul 10 2017 // Kansas City-based insurance broker Lockton has named Jeff Henningsen as president of its Houston property/casualty insurance operation. Henningsen will take on an expanded leadership role in business development for the...
Zika Outbreak in U.S. Would Cost from $180 Million to $10 Billion
Jul 10 2017 // Even a relatively mild Zika outbreak in the United States could cost more than $183 million in medical costs and productivity losses, while a more severe one could result in $1.2 billion or more in medical costs and...
Munich Re US Launches Commercial Drone Operator Liability Endorsement
Jul 7 2017 // Munich Reinsurance America Inc. (Munich Re, US), has launched a new commercial drone insurance product that offers customized liability for insurance companies and their small-to-medium size businesses using drones under...
Truck Speeding Fix Among Safety Rules Halted by Trump Anti-Regulation Order
Jul 7 2017 // Years of pleas from parents whose son was killed by a speeding tractor-trailer, buy-in from some truckers and the promise of fewer highway deaths convinced U.S. officials in September to propose requiring speed-limiting...
5.4M U.S. Homes at Risk from Sea Level Rise, Report Using Census Data Shows
Jul 6 2017 // Nearly 10 million people living in 5.4 million homes have a high risk from rising sea levels and will be adversely impacted by climate change, according to a new report that takes data from U.S. Census tracts near the...
Global Premium Growth Slows in 2016 – with China as Exception: Swiss Re
Jul 6 2017 // Global insurance premiums increased by 3.1 percent in real terms during 2016, down from growth of 4.3 percent reported in 2015, according to Swiss Re Institute’s sigma study. The report described last year’s...
Everest Insurance Adds Zurich’s Hunter in Western U.S.
Jul 5 2017 // Everest Re Group Ltd. has named Molly Hunter as a vice president on the marketing and distribution team in the Western U.S. region. Hunter most recently was a senior vice president and global relationship leader at Zurich...
Facebook Escapes U.S. Privacy Lawsuit Over User Tracking
Jul 5 2017 // A U.S. judge has dismissed nationwide litigation accusing Facebook Inc. of tracking users’ internet activity even after they logged out of the social media website. In a decision late on Friday, U.S. District Judge...
Arizona Residents Evacuated as Wildfires Sweep Western U.S.
Jun 30 2017 // An Arizona wildfire that forced thousands from their homes and came dangerously close to consuming a town was 43 percent contained by Thursday evening, authorities said. Roughly 1,400 evacuated residents of the community...
Federal Judge Permits Some VW Investor Claims Over Diesel Scandal
Jun 30 2017 // A federal judge in California on Wednesday allowed some claims to proceed by investors who sued Volkswagen AG over its diesel emissions scandal, but agreed to the German automaker’s request to dismiss parts of the...
Appeals Spent, Iowa Egg Executives in Salmonella Case Ordered to Prison
Jun 29 2017 // A father and son whose Iowa-based egg production company caused a massive 2010 salmonella outbreak have exhausted their appeals and a federal judge has ordered them to begin serving prison sentences. The U.S. Supreme Court...
Post-Disaster, BP Stakes Future on Deepwater Despite Surging Shale
Jun 28 2017 // About 300 BP workers commute 150 miles by helicopter from the Louisiana coast to a deep-sea drilling platform in the Gulf of Mexico that can produce more oil in a day than a West Texas rig can pump in a year. On the deck...
California Continues to Move Toward Letting Customers Sue Banks
Jun 28 2017 // California has taken another step on toward allowing state residents to sue financial institutions for fraud, rather than letting banks force customers to settle disputes in arbitration, as a bill inspired by last...
Insured Loss Estimates for Cyclone Debbie Rise to US$1.1B: PERILS
Jun 28 2017 // The estimate for the property insurance market’s loss for tropical cyclone Debbie has risen to A$1.4 billion (US$1.1 billion) from an initial estimate of A$1.12 billion, according to PERILS, the independent...
House Panel Eyes Removing States’ Bumps in Road for Driverless Vehicles
Jun 28 2017 // Republicans and Democrats in Congress sparred on Tuesday over U.S. states setting rules for testing and deployment of self-driving cars and a proposal to allow automakers and technology companies to bypass existing...
‘WannaCry’-Like Cyber Attack Spreading to Firms Globally
Jun 27 2017 // A new cyberattack similar to WannaCry is spreading from Europe to the U.S. and South America, hitting port operators in New York, Rotterdam and Argentina, disrupting government systems in Kiev, and disabling operations at...
Senate Republicans Delay Healthcare Vote as Support Wanes
Jun 27 2017 // U.S. Senate Republican leaders postponed a vote on a healthcare overhaul on Tuesday after resistance from members of their own party, and President Donald Trump summoned Republican senators to the White House to urge them...
Major Ransomware Attack Spreads from Europe to U.S.
Jun 27 2017 // A new cyber attack similar to WannaCry is spreading from Europe to the U.S., hitting port operators in New York and Rotterdam, disrupting government systems in Kiev, and disabling operations at companies including Rosneft...
