Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Car Insurer Hagerty Opens its First U.S. Regional Office in Colorado
Oct 13 2016 // Hagerty has opened its first U.S. regional office in Golden, Colo. McKeel Hagerty, CEO of Hagerty, said Golden was chosen because it has a diverse workforce, friendly business environment and proximity to a major...
CEO Succession at U.S. Aviation Underwriters: Brogan to Succeed McKay in 2017
Oct 13 2016 // United States Aviation Underwriter Inc. (USAU), the manager of the United States Aircraft Insurance Group (USAIG), announced that David McKay, chairman and chief executive officer, plans to retire after nearly 40 years...
Study: Climate Change Has Doubled Western U.S. Forest Fires
Oct 13 2016 // A new study says that human-induced climate change has doubled the area affected by forest fires in the U.S. West over the last 30 years. Since 1984 heightened temperatures and resulting aridity have caused fires to spread...
Using Big Data to Predict Terrorist Acts Amid Privacy Concerns
Oct 13 2016 // Before Ahmad Khan Rahami planted bombs in New York and New Jersey, he bought bomb-making materials on eBay, linked to jihad-related videos from his public social-media account and was looked into by law enforcement agents,...
LIU Launches War and Terrorism Coverage for U.S. Businesses
Oct 13 2016 // Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has launched stand-alone war and terrorism coverage to protect U.S. businesses at home and their assets abroad. In 2014, the cost of global...
InsurTech Startup Launches Lease Guarantee Platform in New York
Oct 12 2016 // TheGuarantors, a New York based insurance tech startup founded in 2014, is seeking to make renting an apartment in New York easier for landlords, brokers and renters through its newly launched tech-enabled lease guarantee...
Ironshore International Offers PI & GL Cover for Engineers Based Outside U.S.
Oct 12 2016 // Ironshore International has introduced a packaged policy to provide combined professional indemnity and general liability insurance for specialist engineers. Bermuda-headquartered Ironshore said it will underwrite coverage...
Study Finds Climate Change Could Lead to More Hurricanes on NYC Coast
Oct 12 2016 // Hurricanes could start flooding New York City’s coastline as often as every 20 years due to the effects of climate change on sea-level rise and hurricane activity, scientists said on Monday. Water could surge some 9...
U.S. Scrutiny of Fosun’s Ironshore Sends Signal on Other China Deals
Oct 12 2016 // Insurance mergers and acquisitions rarely raise red flags with U.S. national security watchdogs. China’s Fosun International Ltd. took that history to heart last year when it paid $1.84 billion for the remaining 80...
Court Limits Director’s Power But Lets U.S. Consumer Protection Bureau Survive
Oct 12 2016 // The Consumer Financial Protection Bureau survived a constitutional challenge and will remain in business, though a federal appeals court took away power from its director and tossed out a $109 million penalty against a...
North Carolina Flooding from Hurricane Matthew Worsens, Death Toll Rises
Oct 11 2016 // Flooding in the aftermath of Hurricane Matthew has displaced several thousand people in North Carolina, and authorities were helping more evacuate on Tuesday as swollen rivers threatened a wide swath of the state. Governor...
International Shipping Lanes Could Be at Risk from Escalating Yemen Conflict
Oct 11 2016 // Missile attacks from Yemen on Western military craft risk spilling over into nearby busy sea lanes which could disrupt oil supplies and also other vital goods passing through the tense area, shipping and insurance sources...
How Self-Driving Cars Will Make Motorcycles Safer
Oct 11 2016 // Self-driving technology promises to pretty much transform the auto industry as we know it. It may also change the business of selling motorcycles—but in a very different way. It all comes down to safety, according to...
Supreme Court Will Hear Apple-Samsung Patent Damages Dispute
Oct 11 2016 // After five years of litigation, the U.S. Supreme Court will hear arguments on Tuesday in the bitter patent dispute between the world’s two top smartphone manufacturers over the amount Samsung should pay Apple for...
Clinton Was Urged to Back Reinstating Glass-Steagall Wall: Wikileaks
Oct 11 2016 // A longtime political adviser to Hillary Clinton last year urged her presidential campaign to support a new version of a law that separated commercial and investment banking to avoid antagonizing the Democratic...
Matthew Update: 1 Million Still Without Power; Death Toll Rises
Oct 10 2016 // Almost 1 million customers were still without power in the U.S. Southeast Monday after Hurricane Matthew brought devastating wind gusts and flooding to North Carolina, leaving at least 10 dead in the state. Duke Energy...
Samsung Halts Note 7 Production Following Reports of New Battery Fires
Oct 10 2016 // Samsung Electronics Co. halted production of its Note 7 smartphones after customers reported problems with new devices, the latest blow in a six-week crisis over exploding phone batteries. Samsung temporarily suspended...
Hurricane Matthew Smashed Haiti Villages; Death Count Near 900
Oct 9 2016 // Hurricane Matthew killed almost 900 people and displaced tens of thousands in Haiti before plowing northward on Saturday just off the southeast U.S. coast where it caused major flooding and widespread power outages. The...
Forecasters Lower Matthew Loss Estimates
Oct 9 2016 // On Friday, a catastrophe modeling firm slashed its estimate for insurance losses from Hurricane Matthew on Friday, as the storm skirted Florida but failed to make landfall. Kinetic Analysis had estimated the insured losses...
Catastrophe Bonds Fell Most in 4 Years on Hurricane Matthew Risk
Oct 9 2016 // Bonds tied to weather risks tumbled the most in four years as Hurricane Matthew lashed Florida. The Swiss Re Cat Bond Price Return Index dropped 1.7 percent last week, the steepest decline since Superstorm Sandy in 2012....
