Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Tow Truck Market Gets Hit Hard as Carriers Exit Market
Feb 6 2017 // Tow truck drivers operate in a dangerous world. Every day they face angry drivers while repossessing vehicles, dangerous driving and road conditions, near misses while operating heavy equipment, and close calls on U.S....
Can Climate Change Make The Groundhog A Better Forecaster?
Feb 2 2017 // Donald Trump has no problem saying what he’s thinking – as he proved during a phoner with Australian Prime Minister Malcolm Turnbull on Saturday. This could make one wonder how he’ll treat Prince Charles –...
Flooding and Damaging Wind Were Most Destructive Natural Hazards in 2016
Feb 2 2017 // This post is part of a series sponsored by CoreLogic. Annual Summary from CoreLogic Details 2016 Natural Hazard Events CoreLogic® analyzes and evaluates the number and severity of natural hazard events that occurred...
Strong Chubb 2016 Results Reflect Benefits of Merger: Greenberg
Feb 2 2017 // Chubb Limited CEO and Chairman Evan G Greenberg said that the company’s 2016 financial results have reflected the benefits of the nearly $30 billion ACE/Chubb merger that created today’s Chubb about one year...
Coalition Urges Modernization of National Flood Insurance Program
Feb 1 2017 // A U.S. flood insurance program that is drowning in billions of dollars in debt can be modernized to bolster its finances while curbing the public’s exposure to flood risks, a national coalition said in a reform...
What to Expect in D&O Insurance in 2017: Marsh
Feb 1 2017 // Directors and officers liability policies are likely become broader and continue getting cheaper in 2017 – among the likely trends expected for the financial and professional liability insurance marketplace in the months...
U.S. Drone Rules Face Further Delay Over Security, Deregulation Issues
Feb 1 2017 // A long-awaited framework for allowing drone flights over people — a key step in the growth of the industry — has been put on hold because of security concerns, prompting fears that the standards will get caught...
Pending Supreme Court Cases Trump’s Nominee Gorsuch Could Affect
Feb 1 2017 // President Donald Trump’s nominee to the U.S. Supreme Court could have an immediate impact on cases already pending before the justices. Trump last night nominated Neil Gorsuch, a judge on the Denver-based 10th U.S....
New Tsunami Warning System Could Add Vital Minutes of Warning for Indonesia
Feb 1 2017 // Indonesia’s tsunami detection system, made up of seafloor sensors that communicate with transmitting buoys on the surface, has been rendered useless by vandals and lack of funding. Now Indonesian and U.S. scientists...
Trump Advisor Says U.S. Will Change Climate Policy, Pull Out of Paris Agreement
Jan 31 2017 // The United States will switch course on climate change and pull out of a global pact to cut emissions, said Myron Ebell, who headed U.S. President Donald Trump’s Environmental Protection Agency (EPA) transition team...
Cat Simulations Test London Insurers’ Vulnerabilities to Next ‘Big One’
Jan 31 2017 // A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer could strip insurers of up to 120 percent of their net capital base, tests of insurers in London...
AXA UK’s Travel Insurance Will Cover People Denied Access to US
Jan 30 2017 // The UK division of French insurer AXA said its travel policies would cover those denied access to the United States due to a U.S. travel ban on people from seven Muslim-majority countries. An executive order by U.S....
P/C Insurers Enroute to Posting Underwriting Loss for 2016: A.M. Best
Jan 30 2017 // The U.S. property/casualty industry will likely post a small underwriting loss for 2016 after three previous years of underwriting profits, A.M. Best said in a new report. A.M. Best’s report appears in line with a...
Munich Re America Names Mozeika to New Insurtech Post
Jan 30 2017 // Munich Reinsurance America has created a new strategic position in its Reinsurance Division to help clients seize opportunities resulting from the rapidly developing field of insurtech. Robert Mozeika will assume the new...
New Jersey Transit Rail-Crew Hours Draw Scrutiny Over Safety Limit
Jan 27 2017 // New Jersey Transit faces a widening examination of its safety practices after federal regulators discovered hundreds of potential work-hour violations, including altered duty logs and shifts longer than permitted. Federal...
Charles Taylor Adjusting Appoints Cole as Massachusetts-Based U.S. CEO
Jan 27 2017 // Charles Taylor Adjusting (CTA), an international loss adjusting business focused on commercial losses and claims, has appointed Vince Cole as U.S. CEO and regional head. Based in Boston, Mass., he will be responsible for...
U.S. P/C Insurance Earnings Picture ‘Isn’t Too Pretty,’ Says S&P
Jan 27 2017 // This year will be a turning point for the U.S. property/casualty (P/C) insurance sector, as rising claims outpace pricing and reserve releases materially decrease, but it will not be a “softer for longer” rate...
UK Regulator Calls for New Regime Providing Open Access to Global Markets
Jan 26 2017 // Banks, insurers and traders that comply with reinforced global financial sector rules should be allowed to operate unhindered across the world to spur economic growth and trade, a top British regulator said on...
Extreme Solar Blackouts May Cost U.S. More Than $40 Billion Daily
Jan 26 2017 // The daily U.S. economic cost from solar storm-induced electricity blackouts could be in the tens of billions of dollars, with more than half the loss from indirect costs outside the blackout zone, according to a new study...
U.S. Agency, Industry Working on New Safety Standards for Lithium-Ion Batteries
Jan 26 2017 // Safety standards for lithium-ion batteries need to be modernized following a massive recall of Samsung Electronics Co. Ltd phones after faulty batteries caused fires, a U.S. government agency said on...
