Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
XL Group Proposes Moving Domicile to Bermuda from Ireland
Feb 29 2016 // XL Group plc announced a proposal to change its parent holding company’s place of incorporation to Bermuda from Ireland. “Establishing our corporate home in Bermuda is a natural step for XL. XL has had a...
Buffett Says Pessimism on Economy and America Is ‘Dead Wrong’
Feb 28 2016 // Warren Buffett reaches a broad audience with his annual letters to Berkshire Hathaway Inc. shareholders — and, on Saturday, he reached right out to U.S. voters. In sweeping passages, he rejected the economic...
MassMutual Emerges as Potential Buyer of MetLife Retail Group
Feb 26 2016 // MetLife Inc., the life insurer that is reshaping its business mix to limit government oversight, is in talks with Massachusetts Mutual Life Insurance Co. about a possible sale of MetLife Premier Client Group, the...
Jury Clears BP Manager of Clean Water Act Charge
Feb 26 2016 // A former BP manager charged with violating U.S. pollution law over the 2010 Gulf of Mexico oil spill was cleared by a New Orleans jury, thwarting federal prosecutors’ last chance to jail someone over the...
Purdue Univ.: U.S. Grain Bin Entrapments Fall to Lowest Level in Decade
Feb 25 2016 // Grain bin entrapments and other confined space accidents on the nation’s farms fell to their lowest level in a decade last year, a Purdue University study has found. The U.S. had 47 accidents in grain bins or other...
Michigan Says Potholes Make State a Great Place to Test Robot Cars
Feb 25 2016 // Michigan and California, vying for control of our driverless future, are each proposing crumbling World War II military sites as ideal locations to test robot cars. Michigan’s secret weapon? Better potholes. The...
Aon Announces U.S. Leadership Changes; Mula Named Risk Solutions President
Feb 25 2016 // Insurance broker Aon announced several leadership appointments in the U.S. Warren Mula assumes the newly created global role of president of Aon Risk Solutions. He will serve as a strategic advisor across the business....
Supreme Court Justices Signal Flexibility in Patent Infringement Damages
Feb 25 2016 // The U.S. Supreme Court on Tuesday signaled a willingness to give federal judges more discretion to boost penalties for patent infringement as the justices heard arguments in cases brought by Stryker Corp. and Halo...
U.S. Says Coal Mine Companies Should Cover Full Cleanup
Feb 25 2016 // The ailing coal industry must face the costs of cleaning up spent mines even as companies get pushed toward bankruptcy, the U.S. Interior Secretary said this week. The mining industry is responsible for restoring old mine...
BB&T to Buy Swett & Crawford for $500M
Feb 24 2016 // Three months after it announced it would sell its North American operations, U.K.-based wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) has a buyer. North Carolina-based BB&T Corp. has agreed to...
Insurance Industry Analyzes Google’s Failed Online Insurance Experiment
Feb 23 2016 // The insurance industry had a lot to say about what Google did wrong a day after the search engine giant said it would be pulling the plug on its year-long Google Compare experiment selling auto insurance online. Many...
Widow of El Faro Crew Member Calls for More Oversight of Shipping in Bad Weather
Feb 23 2016 // The widow of one of the 33 crew members killed when the El Faro sank in a hurricane last fall called on Friday for stricter oversight of decisions by shipping companies and their captains to sail in adverse...
Exclusive: Google to Shut Down Online Insurance Site, Partners Say
Feb 22 2016 // It appears Google Compare’s grand experiment in online comparison shopping for auto insurance is dead – for now at least. Insurance Journal has learned that two of Google Compare’s major partners were told...
Louisiana Court Rules Flood Board Can Hire Outside Lawyers for Oil Suit
Feb 22 2016 // A south Louisiana flood board has won a legal round in its fight against oil and gas companies over coastal wetland damage. A state appeal court ruled last week that the Southeast Louisiana Flood Protection Authority-East...
Capital Adequacy Is Key Strength of Reinsurers in Difficult Market: S&P
Feb 22 2016 // Strength of capital and good enterprise risk management are two of the main reasons the global reinsurance industry will be able to maintain a stable outlook during 2016 from Standard & Poor’s Ratings Services,...
Gig Economy Now 6.5% of U.S. Workforce; Provides Extra Income for 10 Million
Feb 22 2016 // It’s a job market revolution: an estimated 10.3 million Americans earned income through web-based platforms like Uber and Airbnb between 2012 and 2015. That’s more people than reside in the entire state of...
Texas Economist: U.S. in a ‘Pretty Good Place Right Now’
Feb 22 2016 // The world economy may seem like a mess right now but that doesn’t necessarily mean the United States is headed for a recession, according to an internationally recognized Texas-based economist. While the dive in the...
Carfax: 1 in 5 Vehicles Needs Recall Repair; Texas Has the Most
Feb 22 2016 // Nearly one-in-five vehicles on U.S. roads is in need of repair of a safety issue serious enough to be involved in a federal government recall, according to used-car history provider Carfax. There are more than 47 million...
U.S. Safety Agency to Google: Software Qualifies as a Driver
Feb 22 2016 // U.S. vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver under federal law, a major step toward ultimately winning approval for...
Merger and Acquisition Activity Sets New High-Water Mark
Feb 22 2016 // Merger and acquisition activity for 2015 set a new record with 456 deals, sailing past the previous high-water mark of 325 deals set in 2012, according to recent data. The fourth quarter closed with 104 announced...
