Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Arch Coal’s Bankruptcy Exit Plan Questioned by Environmental Collective
Jun 6 2016 // A coalition of U.S. environmental groups said Arch Coal’s plan to emerge from bankruptcy fails to describe how the coal producer would finance its mine clean-up obligations, according to a filing in a St. Louis...
Tropical Storm Colin Prompts Flood Warnings in Florida, Georgia
Jun 6 2016 // A disorganized Tropical Storm Colin in the Gulf of Mexico is expected to cross Florida overnight threatening evacuations in the state’s northern and central regions before striking the Georgia and South Carolina...
How Gig Economy Is Using Private Arbitration to Win on Labor Classification
Jun 6 2016 // Sharing economy workers’ best shot at suing to rewrite the rules of their employment may soon pass them by. As judges last Thursday considered settlements that will leave Uber Technologies Inc. and Lyft Inc. drivers...
People Are Key to a CFO’s Success: QBE’s Group CFO Regan
Jun 6 2016 // When discussing his career as a chief financial officer, Patrick Regan, group chief financial officer for QBE, emphasizes the importance of people and the team the CFO builds. “You’re only as successful as the...
Federal Reserve Unveils New Proposed Capital Rules for Large Insurers
Jun 5 2016 // American International Group Inc. and Prudential Financial Inc.’s new capital rules should reflect the insurance business’s differences from Wall Street banking, the Federal Reserve said in a proposal to limit...
Lying About Gulf Oil Spill Size to Investors to Cost BP $175M
Jun 3 2016 // BP Plc said it agreed to pay $175 million to settle claims by U.S. investors that its managers lied about the size of the 2010 Gulf of Mexico oil spill to prop up its stock price, removing the company’s last major...
Critics of Uber’s $100M Driver Settlement Have Day in Court
Jun 3 2016 // Uber Technologies Inc. may have to return to the bargaining table to show just how badly it wants to avoid a jury trial with drivers demanding to be treated as employees. The world’s largest rideshare company faced...
Financial Industry Files Suit Against Obama Fiduciary Standard for Retirement Plan Brokers
Jun 3 2016 // Wall Street and business lobbying groups have teamed up to fight the Obama administration’s new rules for U.S. brokers managing retirement accounts, saying the regulations include a ” deliberately...
U.S. Insurer, Tech, Business Groups Balk at China’s Rules on Insurance Cybersecurity
Jun 2 2016 // Business groups from the U.S. and around the world protested planned cybersecurity rules for the insurance industry in China in a letter to the head of the nation’s insurance regulator. The draft regulations may...
Greenberg Facing Trial in New York AG’s Case Tied to AIG Reinsurance Deal
Jun 2 2016 // Former American International Group CEO Maurice “Hank” Greenberg must stand trial over alleged sham transactions, New York’s top court ruled on Thursday, as the long-time financial industry titan failed...
Insurance Rates Unlikely to Rise a Lot Even If Hurricane Season is Above Normal: Fitch
Jun 2 2016 // Hurricane forecasters may be split on whether the 2016 Atlantic hurricane season will be above average or normal, but even a higher level of storms might not boost property insurance prices to levels seen in prior market...
Atlantic Coast Should Expect Normal Hurricane Season, Says Colorado State
Jun 2 2016 // The Atlantic should produce a near-normal 12 storms during the six-month hurricane season that officially begins Wednesday, while the U.S. coastline has a below-average chance of being struck by a major system, according...
More than 6.8 Million US Homes at Risk of Hurricane Storm Surge Damage
Jun 1 2016 // This post is part of a series sponsored by CoreLogic. Total Reconstruction Cost Value is More Than $1.5 Trillion Current projections for the 2016 hurricane season indicate that an average or slightly greater-than-average...
How Well Do Oklahoma Opt-Out Plans Serve Injured Workers? It Depends, Study Says
Jun 1 2016 // A recent analysis of the workers’ compensation “opt-out” system in Oklahoma concludes that employer-run plans for injured workers may offer benefits that are equal to or better than those provided by...
New Mexico Immigrant Driver’s Licenses Jump Before Law Change
Jun 1 2016 // The number of immigrants seeking driver’s licenses in New Mexico surged during the first three months of the year as lawmakers debated changes to a long-contested policy that allowed for those living in the country...
Munich Re America Taps Stuhl for Broker Relations Senior VP Post
Jun 1 2016 // Joe Stuhl has been named senior vice president and broker executive for Munich Reinsurance America’s (US) reinsurance division. Previously Stuhl was a client manager in the reinsurance division and oversaw some of...
Atlantic, Gulf States, Metro Areas Ranked by Homes Exposed to Storm Surge: CoreLogic
Jun 1 2016 // More than 6.8 million homes on the Atlantic and Gulf coasts are in danger of hurricane storm surge damage. The total cost for reconstruction of the homes located in 19 states and the District of Columbia is more than $1.5...
Supreme Court to Hear State Farm’s Appeal of Katrina False Claims Ruling
May 31 2016 // The U.S. Supreme Court on Tuesday agreed to hear an appeal by State Farm contesting a jury finding that the insurance company defrauded the federal government when assessing damage caused by Hurricane Katrina in 2005 along...
U.S.-EU Continue Talks on Insurance Regulation Covered Agreement
May 31 2016 // Trade representatives for the United States and the European Union, who met May 24 and 25 to negotiate a bilateral covered agreement on regulations for insurers and reinsurers, on Friday issued a joint statement indicating...
Americans on Road to Driving Record Number of Miles
May 31 2016 // American drivers logged a record number of miles in the first three months of the year, as travel rose 4.2 percent to 746 billion miles, the U.S. Transportation Department said on Friday. In March this year, Americans...
