Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
VW May Miss Court Deadline for Diesel Fix with U.S. Regulators
Mar 24 2016 // Volkswagen AG will probably miss a Thursday court deadline to reach a comprehensive agreement with U.S. authorities over its tainted diesel engines, possibly exposing the carmaker to daily fines and other sanctions. While...
Supreme Court Rules for Workers in Class Action Against Tyson
Mar 23 2016 // The U.S. Supreme Court on Tuesday handed a loss to Tyson Foods Inc. over the company’s challenge to an almost $5.8 million class action judgment in a case won by workers at an Iowa pork-processing facility who...
P&I Clubs Plug Shortfall in Iran Oil Cover; US Reinsurers Still Barred by Sanctions
Mar 23 2016 // Ship insurers have stepped in to help plug a shortfall in cover for transporting Iranian oil resulting from the fact that U.S. reinsurers are still restrained by Washington’s sanctions, according to officials...
Former U.S. Security Specialist’s MGA Ridge Global Tackling Cyber Risks
Mar 23 2016 // It may be surprising to some that a former governor and head of National Security started an insurance company focused on cyber risk, but Tom Ridge, president and CEO of Ridge Global says it shouldn’t...
Court Finds Law Firms Not Liable in Financier Stanford’s Ponzi Scheme
Mar 22 2016 // Two big New York law firms that represented the now-imprisoned financier Allen Stanford persuaded a federal appeals court on Thursday to throw out a lawsuit claiming that they helped conceal his $7.2 billion Ponzi...
Supreme Court Lets NFL Players’ Image Rights Claims Proceed
Mar 21 2016 // The U.S. Supreme Court on Monday rejected Electronic Arts Inc.’s bid to revive its free speech defense in a lawsuit filed by former NFL players who accused the videogame maker of using their likenesses in the popular...
How Technology May Alter Small Commercial Lines Advantage
Mar 21 2016 // As more small business owners become comfortable buying everything including insurance online, exclusive agent carriers will gain an advantage over independent agency carriers in the highly-fragmented and increasingly...
HOT Markets: Drones, Cyber and More
Mar 21 2016 // Looking for new sales and opportunities in 2016? Here are a few of the top market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty insurance industry this year. Sky’s...
Despite Energy Job Losses, South Central States Report Some Employment Gains
Mar 21 2016 // While oil and gas industry job losses had an impact in the South Central states over the last year, Arkansas, Louisiana Oklahoma and Texas still saw decreases in unemployment rates in 2015. Year-over-year from 2014 to...
Study: Pothole Damage Costs U.S. Drivers $3B a Year
Mar 21 2016 // A new study from the American Automobile Association (AAA) reveals that pothole damage has cost U.S. drivers $15 billion in vehicle repairs over the last five years, or about $3 billion annually. AAA is urging state and...
U.S. Chamber Files Suit against Seattle over Uber, Lyft Ordinance
Mar 21 2016 // The U.S. Chamber of Commerce is suing the city of Seattle over an ordinance that allows drivers of ridesharing apps Uber and Lyft to unionize, saying it violates federal antitrust laws. Seattle last year became the first...
Dallas Jury Orders Johnson & Johnson to Pay $500M in Hip Implants Case
Mar 18 2016 // Johnson & Johnson was ordered to pay $502 million to a group of patients who accused the company of hiding flaws in its Pinnacle artificial hips that caused the devices to prematurely fail and left them facing...
Vehicles ‘Increasingly Vulnerable’ to Hacking, Warns FBI
Mar 18 2016 // The FBI and U.S. National Highway Traffic Safety Administration (NHTSA) issued a bulletin Thursday warning that motor vehicles are “increasingly vulnerable” to hacking. “The FBI and NHTSA are warning the...
Automatic Braking, Due by 2022 in U.S. Cars, Could Prevent 20% of All Crashes
Mar 17 2016 // Major automakers will announce Thursday they have agreed to install automatic emergency braking systems in nearly all U.S. vehicles by September 2022, three sources briefed on the plans said. The U.S. National Highway...
Ignition Switch Plaintiffs Ask Court to Toss GM Liability Shield Gained in Bankruptcy
Mar 16 2016 // Attorneys for customers suing General Motors Co. over faulty ignition switches urged a U.S. appeals court on Tuesday to throw out bankruptcy court rulings that they say shield the company from lawsuits potentially worth...
2 Instech Startups Target Small Business Insurance Market
Mar 15 2016 // Small business insurance providers will soon have two new competitors from the technology world. Next Insurance, an online shopper for small businesses, today announced a $13 million seed investment led by investors Zeev...
278 Volkswagen Institutional Investors File €3.3 Billion Suit in Germany
Mar 15 2016 // Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the carmaker for what they see as breaches of its capital markets duty in the emissions scandal, the law firm representing them...
Regulations Create Roadblock for Automated Cars Without Human Controls
Mar 14 2016 // Existing U.S. laws pose few barriers to adoption of autonomous vehicle technology so long as cars and trucks stick with existing designs allowing humans to take control, the agency overseeing traffic safety said...
China Insurer Anbang Offers $6.5 Billion to Buy Major U.S. Hotel Group
Mar 13 2016 // China’s Anbang Insurance Group has agreed to acquire Strategic Hotels & Resorts Inc. for around $6.5 billion, as the owner of New York’s iconic Waldorf Astoria expands its U.S. hotel portfolio, a person...
Federal Judge Rules BP Absolved from U.S. Lawsuits Over Drilling Ban
Mar 11 2016 // BP Plc does not have to face U.S. lawsuits by energy and drilling companies over losses they suffered from an offshore drilling ban imposed soon after the 2010 Gulf of Mexico oil spill, a federal judge ruled. U.S. District...
