Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
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...
Japan Readies Strategy for Drones, Autonomous Vehicles
May 30 2017 // Japan aims to finalize on June 9 plans to allow package delivery by drone sometime from 2020 and the commercialization of self-driving trucks by 2022, as it scrambles to breathe new life into its corporate sector, sources...
Rising Seas May Wipe Out Jersey Towns and Millions in AAA Bonds
May 26 2017 // Few parts of the U.S. are as exposed to the threats from climate change as Ocean County, New Jersey. It was here in Seaside Heights that Hurricane Sandy flooded an oceanfront amusement park, leaving an inundated roller...
NOAA Updates Forecast for Atlantic Hurricane Season, Pacific’s El NIno
May 26 2017 // The Atlantic hurricane season will likely churn out an above-average 11 to 17 named storms, in part due to fading odds than an El Nino will form in the Pacific. Of storms that emerge during the six-month season that begins...
Republican Health Bill Would Cut Deficit by $119B, Add 23 Million Uninsured: CBO
May 25 2017 // A bill passed by U.S. House Republicans would cause 23 million people to lose healthcare coverage by 2026 while de-stabilizing health insurance markets in some states and making it hard for sick people to buy insurance, a...
Farmers Balk as Trump Budget Caps Crop Insurance Subsidies
May 25 2017 // U.S. farm groups on Tuesday pushed back against President Donald Trump’s proposal to slash agriculture spending, viewing it as a fresh threat to a struggling farm economy. The White House on Monday proposed $46.54...
AXIS Adds Martin, Ross to Georgia-Based P&C Team
May 25 2017 // AXIS Capital Holdings Limited has announced the appointments of James Martin and Russ Madore, each as vice president, U.S. Programs, within AXIS Insurance’s Property and Casualty team. Martin and Madore will each be...
Climate Change Research, Flood Mapping Funds Take Hit in Proposed Trump Budget
May 24 2017 // President Donald Trump’s first budget request to Congress would cut or eliminate a range of programs designed to reduce greenhouse gas emissions, as well those helping communities prepare for more intense flooding or...
U.K. Security Services Warn of Imminent Terrorist Attack; U.S. Leaks Criticized
May 24 2017 // Soldiers are to patrol British landmarks and sporting events in their biggest homeland deployment in decades, as security services warned that another attack by terrorists who killed 22 people at a pop concert on Monday...
Bermuda Can Withstand Trump’s U.S. Tax Plans, Says Premier Dunkley
May 24 2017 // Bermuda Premier Michael Dunkley said the nation will be able to attract businesses even as U.S. President Donald Trump plans to reduce tax rates to help keep companies onshore. “One of the things that I find very...
Cyber Security Firms in Spotlight Following WannaCry Attack
May 23 2017 // For Kris Hagerman, chief executive of UK-based cyber security firm Sophos Group Plc, the past week could have been bad. The WannaCry “ransomware” attack hobbled some of its hospital customers in Britain’s...
JLT Specialty USA Appoints Levitt as Executive Vice President in New York
May 23 2017 // JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has appointed Gabe Levitt as executive vice president. Based in New York, Levitt will join JLT’s New York office and focus on servicing...
In Defeat for Patent Trolls, Supreme Court Limits Venue for Lawsuits
May 22 2017 // The U.S. Supreme Court on Monday tightened rules for where patent lawsuits can be filed in a decision that may make it harder for so-called patent “trolls” to launch sometimes dodgy patent cases in friendly...
China Eyeing Cyber Rule Delay After Outcry from Foreign Firms: Sources
May 22 2017 // China may delay full implementation of controversial new cyber security rules, giving companies more time to prepare, two people who attended a meeting on Friday between the country’s internet regulator, businesses...
U.S. Court Voids Recreational Drone User Registry
May 22 2017 // The government’s authority to oversee burgeoning recreational drone use was dealt a setback when a federal appeals court barred the Federal Aviation Administration from forcing hobbyists to register the millions of...
Firms Turn to Kidnap Insurance Policies to Cover Ransomware Losses
May 19 2017 // Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup losses caused by ransomware viruses such as “WannaCry,”...
Democratic Attorneys General Move to Defend Obamacare Insurer Subsidies
May 19 2017 // More than a dozen Democratic attorneys general on Thursday sought to intervene to defend a key part of the Obamacare healthcare law — subsidy payments to insurance companies — which is under threat in a court...
