Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Halliburton Settles Securities Fraud Class Action for $100 Million
Dec 27 2016 // Halliburton Co. on Friday said it had reached a $100 million settlement to resolve a long-running securities fraud class action lawsuit against the oilfield services provider that twice reached the U.S. Supreme Court. The...
Exiting U.S. Mine Safety Chief Hopeful Safety Progress Will Continue
Dec 27 2016 // The nation’s coal mines are headed for another record low year in workplace deaths, and the outgoing federal mine safety chief said he’s hopeful that mining companies will work with the incoming Trump...
Credit Suisse, Deutsche Bank Settle Subprime Mortgage Probes with U.S.
Dec 27 2016 // Deutsche Bank AG and Credit Suisse Group AG agreed to pay a combined $12.5 billion to resolve U.S. investigations into sales of the toxic debt that fueled the financial crisis, putting behind them a major dispute that...
Report: West Virginia Flooded with Painkillers by Drug Wholesalers
Dec 27 2016 // Drug wholesalers shipped 780 million hydrocodone and oxycodone pills to West Virginia in just six years, a period when 1,728 people fatally overdosed on these two painkillers, according to an investigation by the...
East Regulation Report Card: Vermont Ranks Best for 3rd Straight Year
Dec 22 2016 // The R Street Institute, a nonprofit public policy research organization headquartered in Washington, D.C., has found that Vermont has the best insurance regulatory environment in the U.S. for the third straight year in its...
New York Financial Regulator to Delay Cyber Security Rules
Dec 22 2016 // New York’s financial regulator will delay an anticipated Jan. 1 deadline for banks and insurers doing business in the state to comply with controversial cyber security rules, a person familiar with the matter...
Oklahoma Near the Bottom in U.S. Health Rankings, High in Uninsured
Dec 22 2016 // Oklahoma ranks ahead of just four states in overall health, according to a report by the United Health Foundation’s America’s Health Rankings. Oklahoma ranks No. 46 in the report released, one spot worse than...
U.S. Regulators Order Action to be Taken for North Dakota Oil Spill
Dec 21 2016 // U.S. pipeline regulators on Wednesday ordered Belle Fourche Pipeline Co. to improve leak detection, along with other actions, after a Dec. 5 incident that spilled about 4,200 barrels of oil in North Dakota. Of that total,...
Prosecutors Won’t Use Suspect’s Statement in New York, New Jersey Bombing Case
Dec 21 2016 // A federal prosecutor on Monday said the government won’t introduce at trial a lengthy statement from a man charged with setting off bombs in New York and New Jersey in order to keep to a scheduled trial date in...
VW Claims Costs in U.S. for Emissions Scam Top $17 Billion with More to Come
Dec 21 2016 // Volkswagen AG has agreed to a $1 billion settlement to fix or buy back another 80,000 polluting diesel vehicles sold in the United States as the German automaker on Tuesday took new steps to put its emissions cheating...
Twitter, Google, Facebook Sued by Orlando Shooting Victims’ Families
Dec 21 2016 // The families of three men killed at Orlando’s Pulse gay nightclub have sued Twitter Inc., Alphabet Inc.’s Google and Facebook Inc. in federal court, accusing the companies of providing “material...
Zhongan Online P&C Insurance Pulls H.K. IPO Plans; China Listing Eyed: Sources
Dec 21 2016 // Zhongan Online P&C Insurance Co. scrapped plans for an initial public offering in Hong Kong or the U.S. and is instead focusing on a listing in mainland China, people familiar with the matter said. Lukewarm overseas...
2017 Predictions for Insurtech, Australia D&O & India Cyber Insurance, Part 2
Dec 20 2016 // Insurtech was an insurance buzzword in 2016 and that’s likely to continue next year when it will permeate almost every aspect of U.S. industry, according to a prediction from international law firm Clyde &...
Credit Suisse Facing $5-$7 Billion Penalty by U.S. for Toxic Mortgage Securities
Dec 20 2016 // The U.S. Department of Justice has asked Credit Suisse to pay between $5 billion and $7 billion to settle a probe over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, a source with...
Republicans Prepare Assault on Obama’s Final Regulations
Dec 20 2016 // Republicans in Congress plan to deploy a powerful tool soon after Donald Trump is inaugurated to scuttle a host of rules put in place in the last months of Barack Obama’s presidency, yet they must act quickly for the...
Climate Scientists Coming to Terms with Skeptical Trump Administration
Dec 20 2016 // Climate scientists worried that President-elect Donald Trump will slash their budgets and sideline their research are entering survival mode, trimming the words “climate change” from study proposals,...
U.S. Investigators Blame Autopilot in Facebook’s Big Drone Crash
Dec 19 2016 // The wing on Facebook Inc.’s experimental high-altitude drone broke last summer in Arizona after the massive aircraft hit an updraft and its autopilot overcompensated seconds before touchdown on its maiden flight, a...
Anthem-Cigna Merger Trial Pits Efficiency Claims vs. Loss of Competition Claims
Dec 19 2016 // Anthem Inc. and the U.S. Justice Department extended their clash over whether the insurer’s planned takeover of rival Cigna Corp. will raise costs, as government witnesses testified Friday that the deal will harm...
Canada’s Fairfax to Buy Switzerland’s Allied World for $4.9B in Cash, Stock
Dec 19 2016 // Fairfax Financial Holdings Ltd., the Canadian investment and insurance company, agreed to buy Allied World Assurance Co. for $4.9 billion in cash and stock in Chief Executive Officer Prem Watsa’s biggest...
People – Southeast
Dec 19 2016 // Columbia, S.C.-native Mark Askins, has joined Iroquois South as a regional manager for South Carolina and western North Carolina. Askins spent more than 20 years with The Hartford, most recently as their Richmond, Va.,...
