Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. Insurers Now Among Major Buyers of ETFs: JP Morgan
Nov 21 2016 // The booming demand for hot exchange-traded funds has finally caught up with the staid, sleepy insurance industry. U.S. insurers are the latest group of investors to start buying ETFs (exchange-traded funds) en masse, with...
How Tech Can Turn the Tide of Flood Insurance
Nov 21 2016 // As residents of coastal Louisiana, New York and New Jersey have discovered, a house with a sea view can carry a serious and soggy downside. In terms of storms and their severity, a building’s location has never...
Trump Settles University Fraud Claims for $25 Million, Avoids Trial
Nov 20 2016 // President-elect Donald Trump agreed to pay $25 million to settle claims that his defunct Trump University cheated more than 6,000 students with false promises of teaching them his real estate secrets. The accord, announced...
New York Attorney General Concerned Trump May Gut Anti-Fraud Law
Nov 18 2016 // New York’s top law enforcement official said he does not want U.S. President-elect Donald Trump’s administration to “eviscerate” the state’s anti-fraud law that has dropped a hammer on Wall...
Plaintiffs Strike Out with Suit Seeking More Baseball Stadium Safety Netting
Nov 18 2016 // A U.S. judge has dismissed a lawsuit seeking to require the 30 Major League Baseball teams to extend netting at stadiums farther down the first- and third-base lines to protect fans from injuries caused by foul balls and...
President-Elect Trump Seeks Delay in Fraud Trial Over His Real Estate University
Nov 18 2016 // Donald Trump is pulling out the stops to stall a fraud trial over his defunct real estate “university” until he’s president. Having earlier persuaded a federal judge to delay the trial until after last...
Virginia Hemp Crop Harvested for 1st Time in Decades
Nov 18 2016 // Among the many crops grown on Glenn Rodes’ family farm in Rockingham County, this summer was one that has not been cultivated in Virginia for decades but that may have a chance at a comeback now, thanks to a slow...
Earth on Track to Hit Warmest Year on Record: NOAA
Nov 18 2016 // The earth is on track for its warmest year on record after October temperatures equaled the third-warmest for the month ever, a U.S. government agency said on Thursday. October globally was 1.31 Fahrenheit (0.73 Celsius)...
What Hobbyists Should Know About Drone Insurance
Nov 18 2016 // If a drone is on your holiday shopping list, be sure to check your insurance coverage before you crack open that instruction manual and take flight. Damage from a drone is a bit more complicated than handing your kid a...
Zurich’s Sustainable U.S. Campus Is One Part of Its Green Ambitions
Nov 17 2016 // The voice of Zurich North America Chief Legal Officer Dennis Kerrigan swelled with pride as he described the carrier’s new headquarters in Schaumburg, Ill., and its importance to Zurich’s overall philosophy...
2 Former Postal Employees Convicted in Dallas for Workers’ Comp Fraud
Nov 17 2016 // Two former U.S. Postal Service employees have been convicted on felony charges related to a workers’ compensation fraud scheme, U.S. Attorney John Parker of the Northern District of Texas announced. McArthur Baker,...
U.S. Rule Requires Sound Alerts on Quiet Electric, Hybrid Cars
Nov 17 2016 // The U.S. government on Monday finalized long-delayed rules that will require “quiet cars” like electric vehicles and hybrids to emit alert sounds when they are moving at speeds of up to 18.6 miles per hour (30...
UK MGA Nexus Underwriting Forms Claims Company Called ‘Nexus Claims’
Nov 16 2016 // Nexus Underwriting, the London-based independent specialty managing general agent (MGA), has formed a claims company, trading as Nexus Claims. Being run independently from the underwriting companies, Nexus Claims offers...
Zurich’s Re-Underwriting Program Begins to Bear Fruit – in Its Financials
Nov 16 2016 // Zurich Insurance Group’s re-underwriting program is starting to bear fruit – as evidenced by the company’s improved third-quarter results – but Group CFO George Quinn readily admits there is still work to...
Sandy Hook Families Ask Connecticut Top Court to Hear Suit
Nov 16 2016 // The families of some of the 26 children and educators killed at a Connecticut elementary school in 2012 asked the state’s top court on Tuesday to overturn a lower court’s dismissal of their lawsuit against the...
Fed Proposal Would Hike Capital Requirements to Discourage ‘Too Big to Fail’
Nov 16 2016 // Minneapolis Federal Reserve President Neel Kashkari unveiled a plan on Wednesday to prevent future government bailouts by forcing the largest U.S. banks to hold so much capital that they would probably decide to break...
Safety Advocates Frustrated that Accident-Prevention Technologies Remain Optional
Nov 15 2016 // Computerized sensors that warn drivers they’re about to rear-end another vehicle or prevent other types of accidents are available on models made by every major auto manufacturer. The problem, according to a U.S....
Former Florida Commissioner McCarty Recognized for International Insurance Work
Nov 15 2016 // The International Association of Insurance Supervisors (IAIS) has recognized former Florida Insurance Commissioner Kevin M. McCarty for his service to international insurance regulation. McCarty is a past president of the...
Search is on For Suspects Behind Southeast Wildfires, 2 Arrested in Kentucky
Nov 14 2016 // A wannabe weatherman was jailed for arson after admitting he started a wildfire to draw attention to his selfie videos on Facebook, his town’s police chief said Friday. Meanwhile, a Georgia sheriff appealed for help...
New Zealand Avoids Widespread Damage from Earthquake; AIR Comments
Nov 14 2016 // New Zealand was rocked by a powerful earthquake early Monday that killed two people and caused extensive damage to roads and businesses, but avoided the widespread destruction caused by a 2011 quake that killed 185 people....
