Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
‘Pink Slime’ Media Liability Trial Against ABC Opens in Climate of ‘Fake News’ Claims
Jun 5 2017 // A South Dakota meat processor’s $5.7 billion defamation lawsuit against American Broadcasting Companies Inc., which opens Monday, pits big agriculture against big media, and is a first major court challenge against a...
Excess Capacity Continues to Drive Rate Cuts at June Renewals: JLT Re Report
Jun 5 2017 // Reinsurance rates fell for the sixth consecutive year at the June 1, 2017 renewals, according to a market commentary published by JLT Re. JLT Re cited its Risk-Adjusted Florida Property-Catastrophe (ROL) Index which fell...
U.S. Appeals Court Upholds Dismissal of Zoloft Lawsuits Against Pfizer
Jun 5 2017 // The Third U.S. Circuit Court of Appeals in Philadelphia upheld a lower court’s dismissal last year of more than 300 product liability suits against drug maker Pfizer over its antidepressant Zoloft. The lawsuits...
For UIG, Protecting Unions Is a Labor of Love
Jun 5 2017 // It can be pretty tough keeping an independent insurance agency up and running successfully long-term if you’re just in it for the money, according to the leader of a Chicago-based agency that is celebrating its 20th...
U.S. Supreme Court Sides With Kentucky Nursing Home in Arbitration Case
Jun 5 2017 // The United States Supreme Court says a Kentucky nursing home can require the families of two former residents to pursue claims against the home outside of court. The justices ruled 7-1 last month that the home could...
P/C Industry Posts $4.7B Net Underwriting Loss in 2016
Jun 5 2017 // Private U.S. property/casualty insurers lost big in 2016, reporting a $4.7 billion net underwriting loss driven, in part, by higher catastrophe-related property losses, according to ISO and the Property Casualty Insurers...
Growing Number of Municipal Suits Over Opioids Face Uphill Battle
Jun 2 2017 // A growing number of U.S. states, counties and cities are filing lawsuits accusing drug companies of deceptively marketing opioid painkillers to downplay their addictiveness, but some lawyers say the industry’s highly...
States May Seize U.S. Climate Change Leadership Following Trump’s Paris Exit
Jun 2 2017 // State governors and city mayors were quick to claim the mantle of U.S. leadership in fighting climate change after President Donald Trump said on Thursday the country will pull out of the Paris climate agreement. The...
Cyber Criminals or State-Backed Hackers? It’s Getting Harder to Tell…
Jun 2 2017 // Veteran espionage researcher Jon DiMaggio was hot on the trail three months ago of what on the face of it looked like a menacing new industrial espionage attack by Russian cyber spies. All the hallmarks were there:...
Trump Hands Climate Leadership Role to China to Dismay of Global Leaders
Jun 2 2017 // President Donald Trump’s decision to isolate the U.S. on climate change triggered waves of complaints from government and business leaders around the world and handed China a golden opportunity to burnish its image...
P/C Insurers Positioned to Absorb Hurricane Season: Fitch
Jun 2 2017 // The 2017 U.S. hurricane season may be here, but property/casualty insurers should be able to handle the challenges it brings, Fitch Ratings said in a new report. “Fitch currently has a negative sector outlook on the...
California Lawmakers May Allow Consumers to Sue Banks Instead of Arbitration
Jun 1 2017 // California lawmakers are making headway on legislation to allow state residents to sue financial institutions for fraud, rather than letting banks force customers to settle disputes in arbitration. The state Senate passed...
Will U.S. Go or Will It Stay in Paris Climate Accord? Trump Gets Conflicting Advice
Jun 1 2017 // President Donald Trump is poised to announce plans to withdraw the U.S. from the landmark Paris climate accord on Thursday, injecting uncertainty into the worldwide effort to combat climate change. The move, described by...
China, EU Re-Commit to Paris Climate Agreement – Even if U.S. Withdraws
Jun 1 2017 // Chinese Premier Li Keqiang said the world’s No. 1 polluter will stick to its pledges to tackle global warming, underscoring the risk of U.S. isolation if President Donald Trump pulls out of the Paris climate...
Ohio AG DeWine Sues 5 Drug Companies Over Opioid Crisis
May 31 2017 // The state of Ohio on May 30 sued five major drug manufacturers, accusing them of misrepresenting the risks of prescription opioid painkillers that have fueled a sky-rocketing drug addiction epidemic. The suit, filed by...
Trump Expected to End U.S. Participation in Paris Climate Pact
May 31 2017 // President Donald Trump plans to make good on his campaign vow to withdraw the United States from a global pact to fight climate change, a source briefed on the decision said on Wednesday, a move that promises to deepen a...
Why 27% of U.S. Firms Have No Plans to Buy Cyber Insurance
May 31 2017 // A full 50 percent of U.S. firms do not have cyber risk insurance and 27 percent of U.S. executives say their firms have no plans to take out cyber insurance, even though 61 percent of them expect cyber breaches to increase...
Alabama ‘Pill Mill’ Doctor Gets 21 Years in Prison
May 31 2017 // An Alabama doctor was sentenced on Friday to 21 years in prison for running two clinics with a colleague that prosecutors called a massive “pill mill,” in a case tied to the U.S. probe of Insys Therapeutics...
Supreme Court Limits Where Injury Lawsuits Against Firms Can Be Brought
May 30 2017 // The U.S. Supreme Court on Tuesday tightened rules on where injury lawsuits may be filed, handing a victory to corporations by undercutting the ability of plaintiffs to bring claims in friendly courts in a case involving...
3 Fossil Fuel Groups Drop Bid to Join Teens’ Climate Change Lawsuit
May 30 2017 // Three fossil fuel industry groups dropped their attempt to intervene in a court case over climate change this week after failing to reach an agreement on a unified legal position on climate science, court filings show. The...
