Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Beazley to Get EU Licenses for Irish Reinsurance Business – After Brexit Vote
Jul 22 2016 // Lloyd’s of London’s Beazley Plc is working to get European insurance licenses for its Irish reinsurance business to allow it to operate throughout the European Union, even if Lloyd’s loses access to the...
Why Republicans’ Plan to Rebuild a Glass-Steagall Wall Is Bad Idea
Jul 21 2016 // One of the biggest surprises from the Republican convention so far has not taken place on its center stage. Yes, I’m talking about the party’s call in its 2016 platform to reinstate the Glass-Steagall law. This...
Enbridge, U.S. Reach $177M Settlement Over Pipeline Spill
Jul 21 2016 // Canadian pipeline operator Enbridge Inc. has agreed to pay $177 million in penalties and improved safety measures in a settlement with the U.S. government tied to one of the largest inland oil spills in U.S. history. The...
ADM Sued Over Contaminated Equine Feed
Jul 21 2016 // Two horse owners have sued Archer Daniels Midland Co., accusing the U.S. grain processor and trader of distributing contaminated feed that sickened or killed several of their horses, according to court documents seen by...
Can States Stop Man-Made Earthquakes?
Jul 21 2016 // Stopping an earthquake before it starts? It sounds like a feat possible only for a superhero. But in Kansas and Oklahoma state policymakers are showing that insofar as humans are causing earthquakes, they can stop them,...
U.S. Can’t Seize Manhattan Building Over Iranian Terror Claims: Court
Jul 21 2016 // A federal appeals court said on Wednesday the U.S. government cannot seize a midtown Manhattan office tower originally built by the Shah of Iran, whose owners it claimed were fronts for the Iranian government. The 2nd U.S....
Court Battles Begin as U.S., States Sue to Halt Anthem, Aetna Mergers
Jul 21 2016 // U.S. antitrust enforcers roundly rejected a pair of proposed deals that would consolidate the nation’s five biggest health insurers into just three. The Justice Department filed an antitrust lawsuit to stop Anthem...
Case Testing FAA Authority to Regulate Drones Advances
Jul 21 2016 // The father and son who posted videos of drones firing a handgun and incinerating a Thanksgiving turkey with a flame-thrower can be questioned by aviation regulators, a U.S. judge ruled in a closely watched case that may...
Global Insured Losses Hit $30B in 1H 2016, 30% of Economic Losses: Aon Benfield
Jul 21 2016 // Preliminary global economic losses reached US$98 billion during the first half of 2016, while global insured losses hit US$30 billion – their highest levels since 2011, according to Impact Forecasting, Aon...
Washington Judge Hears Challenge to Law Enabling Uber, Lyft to Unionize
Jul 20 2016 // A U.S. judge on Tuesday wrestled with whether a lawsuit could proceed against the city of Seattle, Wash. over a local law which allows Uber and Lyft drivers to unionize. The litigation is unfolding amid a national debate...
3 States Sue Volkswagen, Charge Cover-Up of Diesel Fraud Went on for Years
Jul 20 2016 // Senior executives at Volkswagen AG including its former chief executive covered up evidence that the German automaker had cheated on U.S. diesel emissions tests for years, three U.S. states charged on Tuesday in civil...
U.S. Expected to Sue to Stop Anthem, Aetna Deals
Jul 20 2016 // U.S. antitrust officials are poised to file lawsuits to block Anthem Inc.’s takeover of rival health-insurer Cigna Corp. and Aetna Inc.’s deal to buy Humana Inc., according to a person familiar with the...
U.S. Employers Taking Steps to Help Muslims Feel Safer at Work
Jul 20 2016 // More U.S. employers are taking steps to make Muslims feel accepted and safe at work, as their faith comes under scrutiny with the rise in terror attacks and calls by presumptive Republican presidential nominee Donald Trump...
Novamar Insurance Launches Yacht Coverage for U.S. Boaters Heading to Cuba
Jul 20 2016 // Novamar, a specialist in the marine and yacht insurance segment, now offers a policy for U.S.-flag yachts navigating Cuban waters. Most vessels $50,000 in value or greater are eligible for coverage. Cuba endorsement...
Republican Platform Under Trump: Reinstate Glass-Steagall, Go Slow on Trade Pacts
Jul 19 2016 // Republican National Convention delegates approved a platform Monday that calls for reinstating the Glass-Steagall Act and scaling back the Dodd-Frank financial overhaul, calling it the Democrats’ “legislative...
Wells Fargo Beats Appeal Over Voided Money Store Verdict
Jul 18 2016 // A federal appeals court on Friday rejected a bid to revive a $54.8 million jury verdict against Wells Fargo & Co, saying the trial judge had authority to take the “drastic step” of decertifying the class...
Swiss Re Taps Harman, Poppie for U.S. Central Region Leadership Positions
Jul 18 2016 // Swiss Re Corporate Solutions has added Christine Harman as senior vice president, head of Casualty, and named Gabriel Poppie as senior vice president, head of Sales, for its U.S. Central Region. Both are based in...
Mid-Market Firms Fall Short on Natural Catastrophe Risk Management: Assurex Global
Jul 18 2016 // Middle market businesses in all parts of the world view their exposures to natural catastrophes as increasing but some fall short when managing these risks effectively, according to a new survey of senior executives at...
Insurer Competition Vital for Healthcare Consumers: U.S. Health Official
Jul 18 2016 // The Obama administration’s top health official highlighted the importance of competition to insurance markets, as the Justice Department is poised to decide on two massive deals among four of the health-plan...
Sompo Canopius Names Banez as Head of US Financial & Professional Lines
Jul 18 2016 // Sompo Canopius AG announces has hired Laurie Banez as head of U.S. financial and professional lines. Banez is based in the New York office and reports to Stephen Hartwig, group head of casualty. She joins from Argo Pro...
