Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Western Insurers Slowly Re-Enter Deals with Iran – a Market Valued at $9B
Oct 21 2016 // Western insurers are slowly reaching deals with Iran as they seek to re-enter a multi-billion dollar market although the pace of business is hampered by banking restrictions 10 months on from the lifting of international...
Could More State Commissioners Require Climate Disclosure?
Oct 20 2016 // Max Messervy took a decidedly positive tack when pried again and again to reveal any negative reaction to a report he puts together every so often. Messervy, the insurance program manager at sustainability leadership...
What to Expect for This Winter’s Weather Across U.S.
Oct 20 2016 // Forecasters at the U.S. Climate Prediction Center issued their U.S. winter outlook today, saying that La Nina is expected to influence winter conditions this year. La Nina favors drier, warmer winters in the southern U.S...
More Insurers Disclosing Climate Change Risks, Report Shows
Oct 20 2016 // Insurers in the U.S. are increasingly willing to disclose their risk management practices related to climate change, and that in part may be attributable to last year’s global accord in Paris and shifting attitudes...
Judge ‘Strongly’ Inclined to Approve Volkswagen $14.7 Billion Settlement
Oct 19 2016 // Volkswagen AG and car owners will likely secure a federal judge’s final sign-off on their $14.7 billion settlement as the automaker continues to seek regulators’ approval of a fix for 482,000 pollution-spewing...
First Consumer Class Action Filed Over Samsung Note 7 Smartphone
Oct 19 2016 // Samsung Electronics Co.’s woes over the Galaxy Note 7 smartphone have moved into the courtroom. Three people who bought the phones, which were recalled because the Note 7 is prone to catching on fire and exploding,...
Supreme Court Weighs How to Figure Design Patent Damages in iPhone Case
Oct 18 2016 // The U.S. Supreme Court last Tuesday signaled a willingness to reduce the potentially huge penalties imposed for ripping off a patented design as it heard arguments in the legal fight over the amount Samsung should pay...
North Carolina Estimates $1.5B in Hurricane Damage to Buildings
Oct 17 2016 // North Carolina emergency officials have estimated that the destructive and deadly Hurricane Matthew caused $1.5 billion worth of damage to more than 100,000 homes, businesses and government buildings in the state. The...
U.S. Says Trade Talks with Britain Not Possible Until Brexit Resolved
Oct 17 2016 // Britain needs to sort out its relationship with the European Union before it can begin to talk to the United States about any post-Brexit trade deal, U.S. Trade Representative Michael Froman said in Geneva on...
Floods from Matthew in Eastern North Carolina Called ‘Worse than Floyd’
Oct 17 2016 // Standing on the banks of the Neuse River this week, watching water creep ever-closer to the bottom of the King Street Bridge, crowds of people continually compared what was happening to what Hurricane Floyd wrought here 17...
Take1 Insurance Launches Terrorism, Crisis Coverage for Special Events
Oct 17 2016 // Take1 Insurance has introduced Take1 Combined Crisis Cover insurance protection for the live and special event industry. The coverage provides immediate coverage of up to $1 million annually in the event of, or threat of,...
Insurance Industry Urged to Weigh Shift to Intangible Risks
Oct 14 2016 // Panelists at a recent New York event hosted yesterday by Lloyd’s, the world’s specialist insurance market, and the American Security Project, a nonpartisan national security think-tank, urged the insurance...
Small Trucking Firms Fear Being Driven Out of Business by Electronic Log Rule
Oct 14 2016 // A new regulation that will force U.S. trucking companies to electronically log employee hours is designed to limit accidents by keeping tired drivers off the road. It may also drive smaller trucking firms out of...
US Robotics Firm Launches Blood Delivery Service in Rwanda – Using Drones
Oct 14 2016 // Rwandan doctors stranded without vital blood supplies are about to be rescued by an important new ally in their fight to save lives: drone deliveries. Zipline, a California-based robotics company, will launch a service on...
U.S. Adjustments to Rules on Tax Inversions Include Exemption for Insurers
Oct 14 2016 // The U.S. Treasury Department softened new rules aimed at preventing multinational companies from shifting their profits offshore to lower-tax countries — a response to sustained criticism from big business and from...
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...
