Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S., China Insurance Regulators Keep Open Dialogue
Jul 29 2016 // Regulatory representatives from the U.S. and China met this week to discuss issues facing their respective insurance markets. The meeting was held at the National Association of Insurance Commissioners (NAIC) New York...
Climate Change Modeling is Closer than You Think
Jul 28 2016 // For the last few years you got a common response from catastrophe modelers who advise the property/casualty industry when asked about including the effects of climate change in modeling. It went something like: “The...
Peabody Reaches Coal Mine Cleanup Deal with 3 U.S. States
Jul 28 2016 // Peabody Energy Corp., the largest U.S. coal producer, reached a deal to cover mine clean-up liabilities while in bankruptcy with three U.S. states, court documents showed on Tuesday. Peabody has benefited from a federal...
CNA’s Tatum Named Head of AXIS Insurance’s U.S. Programs
Jul 28 2016 // John Tatum has joined AXIS Insurance as executive vice president and head of U.S. Programs. In this new position, he is responsible for all programs and binding authorities for AXIS Insurance across the U.S. market. Tatum...
U.S., EU Report on Re/Insurance Covered Agreement Talks
Jul 28 2016 // Representatives of the United States and the European Union met in Brussels this week to continue their joint negotiations for a bilateral agreement on insurance and reinsurance measures. “Both sides continued to...
Beazley Expands Event Cancellation Coverage for Political Violence, Terrorism Incidents
Jul 28 2016 // Beazley, a provider of event cancellation insurance, has expanded its terrorism and political violence event cancellation insurance for the sports, entertainment and leisure industries in the U.S. to include riots, civil...
FBI Warns of More Terrorist Attacks in U.S. as ISIS Is Defeated in Syria
Jul 28 2016 // Hundreds of terrorists will fan out to infiltrate western Europe and the U.S. to carry out attacks on a wider scale as Islamic State is defeated in Syria, FBI Director James Comey warned. “At some point there’s...
National Security Cloud Hangs Over Ironshore IPO
Jul 28 2016 // Chinese acquirers are continuing their buy-and-flip strategy and this time, it’s Fosun International’s turn. However the question isn’t only whether the fundraising will lower the company’s debt...
Pressure Building on AIG CEO Hancock
Jul 27 2016 // The American International Group Inc. chief executive officer has posted three straight quarterly losses and will probably report Tuesday that profit in the three months ended June 30 fell 32 percent, according to analysts...
$14.7B VW Diesel Settlement Gets Preliminary Approval
Jul 27 2016 // Volkswagen AG’s $14.7 billion settlement of its U.S. diesel emissions cheating scandal cleared another legal hurdle on Tuesday, as a federal judge gave the automaker preliminary approval to buy back up to 475,000...
Graduate of Disabled Veterans Insurance Careers Hired to Florida Insurance Agency
Jul 27 2016 // Disabled Veterans Insurance Careers (DVIC), the non-profit organization that helps train, educate and create employment opportunities within the insurance industry for disabled veterans, celebrated the graduation of Joanne...
Oilfield Services Company Sued by EEOC for Disability Discrimination
Jul 26 2016 // Federal officials have sued an oilfield services company for withdrawing a job offer to an applicant because of his diabetes. U.S. Equal Employment Opportunity Commission charged in a lawsuit that Oilfield Instrumentation...
Insurer to Pay $55K to Settle Free Speech Case Over Arrest for Painting U.S. Flag
Jul 26 2016 // A man arrested for painting the letters “AIM” on an American flag that he flew upside-down at his house in protest has settled his free speech lawsuit against the township for more than $55,000. Supervisors in...
P/C Insurers Face Tough Sledding in 2016, Warns S&P
Jul 26 2016 // This year could be a tough one for U.S. property/casualty insurers as catastrophe losses, private passenger insurance woes and declining bond yields erode underwriting results and profitability, according to a report by...
How Brexit Raises Risk of Financial Instability for U.S.
Jul 26 2016 // The U.S. financial system faces greater potential instability due to Britain’s decision to leave the European Union while low and negative interest rates also raise risks, a U.S. government monitor said on Monday. In...
Pen Underwriting Names Scott as Head of Cyber Liability, Driving Cyber Growth
Jul 26 2016 // Pen Underwriting announced that Adrian Scott has been appointed to the newly created role of head of Cyber Liability. Scott takes responsibility for enhancing Pen Underwriting’s capabilities in cyber risk management...
Texas Attorney: Information-Heavy Healthcare a Huge Target for Cyber Crime
Jul 25 2016 // Powered by InsuranceJournal.tv Healthcare organizations contain a wealth of personal information, making them them the number one target for cyber breaches, according to a Houston-based attorney who specializes in...
Judge Expected to Allow Suit Against Trump University to Proceed
Jul 25 2016 // Just hours after Donald Trump accepted the Republican presidential nomination in Cleveland, a federal judge in San Diego said he plans to allow former students who claim to have been cheated by Trump University to take the...
UK Financial Services Firms ‘Will Retain’ EU Passporting Rights: Foreign Secretary
Jul 25 2016 // British Foreign Secretary Boris Johnson said on Friday he expects the U.K. to retain the right for its financial firms to sell services across European Union member states after Britain’s exit from the bloc. Johnson,...
Lawyer Sentenced for Insider Trading on Nationwide-Harleysville Merger
Jul 25 2016 // A former partner at the law firm Fox Rothschild was sentenced on Friday to six months in prison for trading on inside information that a client at his law firm was about to announce a merger, prosecutors said. Herbert...
