Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
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....
Toyota to Pay $3.4 Billion to Settle U.S. Truck Rust Claims
Nov 14 2016 // Toyota Motor Corp. has agreed to a settlement of up to $3.4 billion for a federal class action brought by U.S. owners of pickup trucks and SUVs whose frames could rust through, plaintiffs lawyers have said in court...
Everest Insurance Expands Environmental Coverage
Nov 14 2016 // Everest Insurance has expanded its environmental offering with its new ESP policy form, a mono-line site pollution policy form that includes coverage available for both new and pre-existing pollution conditions for bodily...
Trump Could Rip Up Decades of Climate Deals in a Year
Nov 11 2016 // It took more than two decades for nations around the world to forge an agreement to save the planet from global warming. Within one year, Donald Trump could leave it in tatters. Trump, who has said climate change is a hoax...
Allianz Q3 Profit Rises 36%, Helped by Higher Life & Health Earnings
Nov 11 2016 // Allianz SE, Europe’s biggest insurer, said third-quarter profit rose 36 percent, helped by higher earnings at the life and health insurance unit. The shares rose. Net income increased to 1.86 billion euros ($2.03...
Hurricane Matthew Could Cost US & Caribbean Economies $15B: Aon Benfield
Nov 10 2016 // Hurricane Matthew, which swept through parts of the Caribbean and United States, had total economic losses of up to US$15 billion, according to Impact Forecasting, Aon Benfield’s catastrophe model development...
Global Fight Against Climate Change to ‘Suffer a Blow’ from Trump Victory
Nov 10 2016 // The global fight against climate change will suffer a blow from Donald Trump’s victory in the U.S. presidential election, threatening the industries working to clean up pollution from fossil fuel. The next president...
U.S. Supreme Court Declines to Review Challenge to Florida Workers’ Comp System
Nov 10 2016 // The United States Supreme Court has refused to review a Florida case challenging the state’s entire workers’ compensation system, which could be seen as the state’s only reprieve on workers’ comp...
Home-Share Site Airbnb Loses Round in Fight Against City Regulations
Nov 9 2016 // Airbnb Inc.’s claim that it’s just a conduit for user-generated content was rejected by a judge who said the company may not be able to duck a San Francisco law punishing it when hosts book units that...
President Trump Expected to Target Immigration, Taxes, Trade, Affordable Care Act
Nov 9 2016 // Donald Trump’s surprise election Tuesday as U.S. president means the repudiation of Barack Obama’s legacy and a strong likelihood Republicans will undo many of his accomplishments, including Obamacare and trade...
Markel International Taps Beazley’s Maher for U.S. Cyber Market in London
Nov 8 2016 // Specialist insurer Markel International has appointed Andrew Maher as senior underwriter, emerging risks, within its specialty and financial lines division. Maher’s focus will be on further development and expansion...
Supreme Court Considers Fair Housing Suits by Cities Against Banks
Nov 8 2016 // The U.S. Supreme Court on Tuesday indicated it could allow Miami to pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic home buyers resulting in loan defaults that drove down city tax...
