Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Report: Cybercrime ‘A Thriving Business’ as US Claims Frequency Rises
Apr 26 2024 // Cyber claims frequency in the U.S. rose 13% last year, a new report shows. According to Coalition’s 2024 Cyber Claims Report, released this week, cybercrime is “a thriving business that adversely impacts”...
Central US Braces for Severe Weather Outbreak
Apr 26 2024 // An active weather pattern could bring destructive tornadoes, heavy rains, large hail and strong wind gusts to parts of the central United States over the next several days, according to meteorologists at the National...
US Revives Net Neutrality to Establish Authority Over Internet
Apr 26 2024 // US regulators reinstated net neutrality rules that aim to ensure everything on the internet is equally accessible, reclaiming authority over broadband service and setting the stage for legal challenges. The Federal...
McKinsey Faces US Criminal Probe Over Opioids Work, Sources Say
Apr 25 2024 // McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key role in fueling the opioid epidemic, with federal prosecutors homing in on its work advising...
People Moves: Chubb Names Scheffler COO of Personal Risk Services; AXIS Appoints Morley Head of US E&O
Apr 19 2024 // Chubb said it has promoted Melissa Scheffler to chief operating officer of Personal Risk Services (PRS). Currently, Scheffler serves as regional executive officer for the Mid-Atlantic region. In a corresponding move, Bryce...
Severe Storms Cause Damage in Middle U.S.
Apr 19 2024 // ST. LOUIS (AP) — Strong storms caused damage in parts of the middle U.S. this week and spawned tornadoes in Kansas and Iowa, including one that left two people hurt. An EF-1 tornado touched down shortly after 6 a.m....
FBI Says Chinese Hackers Preparing to Attack US Infrastructure
Apr 19 2024 // Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting “for just the right moment to deal a devastating blow,” FBI Director Christopher Wray said on Thursday. An...
Global Insured Natural Disaster Claims Again Dominated by Severe US Storms: Gallagher
Apr 18 2024 // Global insured losses from natural catastrophes in the first quarter were estimated at $20 billion, with US claims accounting for more than $15 billion, or 75%, of the Q1 total, according to a Gallagher Re in a...
People Moves: Berkshire Hathaway Expands U.S. Marine Business With Wyatt, Frick
Apr 17 2024 // Berkshire Hathaway Specialty Insurance (BHSI), headquartered in Boston, expanded its global marine capabilities in the U.S., launching ocean marine Insurance. BHSI named Ben Wyatt as head of marine and Chris Frick as head...
Triple-I: Insurance Economic Drivers Outperform Overall US GDP
Apr 17 2024 // The economic drivers of the U.S. property/casualty (P/C) insurance industry are growing faster than the nation’s Gross Domestic Product (GDP) and are expected to gain further momentum in the event of Federal Reserve...
Fitch: U.S. Cyber Insurers Saw Strong Profits, Slowdown in Premium Growth in 2023
Apr 16 2024 // The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year in 2023, but written premium volume has stalled amid renewed pricing pressure, according to a Fitch Ratings...
Coral Gables, Florida Tops Beverly Hills as Ritziest Home Market in US
Apr 15 2024 // Floridians with homes in the ritziest neighborhoods that include Coral Gables and Naples are experiencing the nation’s biggest increases in real estate wealth as markets in the Sunshine State supplant those in...
Fragmented Europe to Make New Bid for US-Style Capital Market
Apr 15 2024 // After years of struggling to raise capital in European Union markets, Mews – a hospitality software firm with Czech roots – finally secured funding by registering as a Dutch company. For its next step, Mews is...
2023 Underwriting Losses Improve but Persist in US P/C Industry
Apr 15 2024 // The U.S. property/casualty insurance industry recorded a slight underwriting improvement in 2023, but losses persisted, according to a new AM Best report. Preliminary data from the global credit rating agency shows that...
Travelers Survey: Distracted Drivers Making US Roads More Dangerous
Apr 12 2024 // Nearly 80% of respondents to a recent Travelers survey said inattentive driving is more of a problem now than it has been in past years. Travelers noted the pandemic triggered a new wave of dangerous habits. The 2024...
US Senate Committee to Hold Hearing on Boeing Safety Culture Report
Apr 12 2024 // The U.S. Senate Commerce Committee said it would hold a hearing next week with members of an expert panel that released a report in February criticizing Boeing’s safety culture and calling for significant...
Europe Stands Firm Against US-Driven ESG Backlash
Apr 12 2024 // Steady investor demand in Europe for environmental and socially responsible investments and wide-ranging regulation are helping Europe’s finance industry withstand political pressures that have pushed some U.S. peers...
Soaring Insurance Costs Hit as US Buyers Finally Get a Break on Car Prices
Apr 12 2024 // A new form of sticker shock has hit American car buyers like Darin Davis. In January, when the 56-year-old Dallas real estate agent renewed the insurance on the pearly-white 2024 Cadillac XT4 that he bought just a few...
US Cyber Agency Warns of Compromise at Sisense Data Firm
Apr 11 2024 // The US lead agency for federal cybersecurity is warning that Sisense Inc., a data analytics company, has suffered a compromise that could expose customer credentials and cryptographic secrets. Sisense provides AI-driven...
EPA Sets US’s First Drinking Water Standards to Limit Toxic PFAS
Apr 11 2024 // About 100 million people will be exposed to fewer cancer-causing “forever chemicals” under the country’s first-ever drinking water standards for PFAS finalized Wednesday by the EPA, White House officials...
