Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. Again Warns Airlines Against Carrying Lithium Battery Cargo
Feb 10 2016 // U.S. aviation safety officials are raising new warnings about the dangers of carrying bulk shipments of lithium-based batteries on commercial flights. The Federal Aviation Administration, which regulates the aviation...
U.S. Victims of Mexican Drug Gangs Sue HSBC Bank Under Anti-Terrorism Act
Feb 10 2016 // Families of U.S. citizens murdered by drug gangs in Mexico sued HSBC Holdings Plc, claiming the bank can be held responsible for the deaths because it let cartels launder billions of dollars to operate their...
Software Qualifies as a Driver, Says U.S. Safety Agency on Google Self-Driving Car
Feb 10 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...
January Weather Cost Global Economy $4 Billion-Plus: Impact Forecasting
Feb 10 2016 // January winter weather cost more than $4.0 billion of economic impact in the United States and Asia, according to Impact Forecasting, Aon Benfield’s catastrophe model development team, which evaluates the impact of...
Washington Apple Grower Settles Harassment, Retaliation Suits for $272K
Feb 9 2016 // One of the largest apple producers in the United States will pay $272,000 to 20 claimants as part of a settlement resolving sexual harassment and retaliation claims pending before the Ninth Circuit Court of Appeals, the...
Court Hears MetLife’s Challenge to ‘Too-Big-to-Fail’ Designation This Week
Feb 9 2016 // For MetLife Inc. Chief Executive Officer Steve Kandarian, the scariest risk is being classified as risky. MetLife lawyers go to court Wednesday seeking to overturn a too-big-to-fail designation in a lawsuit that could, if...
New Jersey 4th State to Sue Volkswagen Over Excess Diesel Emissions
Feb 8 2016 // New Jersey on Friday, Feb. 5, filed a lawsuit against Volkswagen AG and its luxury units over the German automaker’s excess diesel emissions, becoming the fourth U.S. state to take legal action. New Jersey’s...
U.S. Court Says Foreign Wealth Funds Not Always Immune from U.S. Fraud Claims
Feb 8 2016 // Foreign sovereign wealth funds are not automatically immune from U.S. lawsuits claiming that they defrauded investors into buying securities in the United States by making misleading statements outside the country, the...
Russia Cracks Down on Financial Hacking Ring, Raiding Moscow Office: Sources
Feb 8 2016 // Russian authorities in November raided offices associated with a Moscow film distribution and production company as part of a crackdown on one of the world’s most notorious financial hacking operations, according to...
Aon Launches Lloyd’s Lead Facility for U.S. Casualty Risks
Feb 8 2016 // Aon plc has launched Lloyd’s Lead Excess Aon Facility (Lloyd’s LEAF), a program that increases placement options for Aon’s U.S. clients facing global casualty risks while delivering greater contract...
Tennessee Malpractice Law Being Challenged Over Soldier’s Suicide
Feb 8 2016 // A recent federal appeals court opinion could aid a Tennessee military widow’s efforts to hold the federal government responsible for her husband’s suicide. The 6th Circuit U.S. Court of Appeals has sent a case...
5 Out of 10 Most Dangerous Cities in U.S. Are in the Midwest
Feb 8 2016 // East St. Louis, Ill., and Camden, N.J., rank first and second in an annual ranking of the country’s most dangerous cities. New Orleans (70), Philadelphia (65), Miami (63), Washington, D.C. (35) and Baltimore (19) are...
Texas Stamping Office: U.S. Surplus Lines Growth Continued in 2015
Feb 8 2016 // Collectively, the surplus lines insurance service/stamping offices across the country processed a record-breaking $25 billion in premium in 2015, exhibiting 3.6 percent growth over the $24.2 billion in premium processed...
Texas Led Nation in Cat Losses in 2015
Feb 8 2016 // Tornadoes, hailstorms and fires took their toll on Texas last year with insured losses well over $3 billion, according to an insurer trade group The state had more than three times as many claims and almost three times the...
10 Trends in U.S. Casualty Markets in 2016: Marsh
Feb 8 2016 // The sharing economy, expanded litigation, surplus capital, custom account underwriting and further consolidation are likely to challenge the U.S. casualty insurance marketplace in 2016, according to broker Marsh. Marsh...
Business Moves
Feb 8 2016 // Aspen, AgriLogic Specialty insurer Aspen Insurance has acquired AgriLogic Insurance Services and certain affiliates for cash in a transaction that further diversifies Aspen’s specialty insurance...
Record Western Wildfires a Contrast in Otherwise Quiet Year for U.S. Natural Disasters
Feb 8 2016 // It was a relatively quiet year for natural disasters – except for those living in the Western United States, according to property data provider CoreLogic, in its annual Natural Hazard Risk Summary and Analysis, released...
Supreme Court Lets Stand South Carolina’s $124M Fine Against Drugmaker
Feb 8 2016 // The U.S. Supreme Court declined to hear a Johnson & Johnson subsidiary’s appeal of a $124 million penalty imposed by South Carolina after a jury found the drugmaker had improperly marketed the anti-psychotic...
In MetLife Breakup, Who Gets Snoopy the Dog?
Feb 5 2016 // Breaking up is hard, especially when long- time partners have to decide who gets financial assets, property or even a pet. The split could be trickier, still, when one of the world’s most beloved dogs is...
U.S. Risk names Stacey Ziska a Senior Broker/Underwriter for the U.S. Risk San Francisco Office
Feb 5 2016 // Dallas, TX, February 4, 2016- U.S. Risk Insurance Group, Inc., the nations’ sixth largest Property and Casualty wholesaler announced that it has named Stacey Ziska a Senior Broker/Underwriter for the U.S. Risk San...
