Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Dallas-Area Tornadoes Account for a Big Chunk of December Insured Losses in U.S.
Jan 7 2016 // A recently released report shows that damage estimates from the natural disaster events that occurred in the United States in December 2015 will amount to more than $4 billion. Aon Benfield’s catastrophe model...
Drone Registrations Top 180,000 in First 2 Weeks
Jan 7 2016 // One of the most important players in the booming drone industry isn’t a hardware manufacturer; it’s the U.S. Federal Aviation Administration. So attendees at the Consumer Electronics Show on Wednesday flocked...
U.S. Releases ‘Do-Not-Fly-Zone’ App for Drone Operators: B4UFLY
Jan 7 2016 // Drone operators who want to know if it’s safe and legal to operate their unmanned aircraft in a particular spot learned this week that there’s now an app for that from the government. The Federal Aviation...
Canopius Adds Breen to U.S. Direct Property Team in New York
Jan 6 2016 // Canopius Group AG, a Zurich-based global specialty lines platform of Sompo Japan Nipponkoa Insurance, has hired Ivan Breen as senior vice president of its U.S. Direct Property team. Breen is based in New York and will...
Insurance Costs for December Weather in U.S. Could Top $2 Billion: Aon
Jan 6 2016 // Total economic losses from the weather events in the U.S. during the month of December will exceed $4 billion, with insured losses likely to approach or exceed $2 billion, according to Aon Benfield’s catastrophe...
Gas Leak Forcing Southern California Residents to Flee Neighborhood
Jan 6 2016 // The sulfurous scent of a natural-gas leak hangs in the air as mail carriers wearing gas masks make rounds to mostly deserted homes in the Los Angeles neighborhood of Porter Ranch. Life in the community of 30,000 people...
Capital Stabilizes, Prices Keep Softening During Jan. 1 Renewals: Guy Carpenter
Jan 6 2016 // Reinsurance capital levels stabilized during the Jan. 1, 2016 renewals – showing no growth for the first time in several years – and prices continued to soften, according to Guy Carpenter & Co.’s global...
Aspen Insurance Appoints Global Product Heads
Jan 6 2016 // Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd., announced the appointment of new global product heads as part of its strategy to leverage its global platform and better align product...
U.S. Sues Volkswagen, Seeks Up to $80 Billion in Penalties
Jan 5 2016 // The U.S. Justice Department sued Volkswagen AG for installing illegal devices meant to defeat emissions testing, and laid out claims that could push penalties into the tens of billions of dollars — an opening salvo...
Ex-McKinsey Consulting Partner Charged with Fraud Against State Farm
Jan 5 2016 // A former partner at consulting firm McKinsey & Co has been arrested on charges that he engaged in a scheme to submit fraudulent invoices and expenses to the company and clients, including State Farm, for more than...
6 Forecasts for P/C Insurance in 2016
Jan 4 2016 // Some, but not all, experts see an improving U.S. economy in 2016 helping to boost the property/casualty (P/C) insurance sector. Some of these prognosticators are more optimistic than others. But most also anticipate...
World’s Top 10 Insurers Ranked by Premium, Assets
Jan 4 2016 // The world’s largest insurer as measured by 2014 net premiums written is UnitedHealth Group Inc., according to a ranking by A.M. Best of the world’s largest insurance companies. France’s AXA S.A. kept its...
Fitch Expects Modest Gains for U.S. Insurance Brokers in 2016
Jan 4 2016 // Revenues and earnings for public U.S. insurance brokers are likely to modestly improve in 2016 relative to levels reported through nine months of 2015, according to Fitch Ratings’ 2016 U.S. Insurance Broker Outlook...
Honda Reports 9th Death Linked to Takata Air Bag
Jan 4 2016 // Honda Motor Co. confirmed last Thursday that a Takata airbag inflator ruptured in a July crash of a Honda Accord and likely led to the death of the young driver, the ninth death in the world linked to the faulty...
An Aging America Losing Its Appetite for Risk: Viewpoint
Jan 4 2016 // Twenty years ago, Dutch journalist Sheila Sitalsing sat down with a demographer at the country’s statistics office to talk about how aging would change the Netherlands. His prediction, she recounts in a column...
First ‘Bellwether’ GM Ignition Switch Trial Set to Open Jan. 11
Jan 4 2016 // A U.S. judge last Wednesday rejected General Motors Co.’s bid to dismiss the first so-called “bellwether” case over defective ignition switches in its vehicles, clearing the way for a Jan. 11 trial. U.S....
Deadly Floods Disrupting Agriculture, Commercial Operations in U.S. Midwest
Jan 3 2016 // Deadly flooding across the U.S. Midwest is disrupting everything from oil to agriculture, forcing pipelines, terminals and grain elevators to close. The floods have killed at least 30 people and shut hundreds of roads...
China Anti-Terrorism Law Raises Implementation Concerns: European Chamber
Dec 31 2015 // The vague wording of China’s new counter-terrorism law raises concerns about how telecommunications carriers and network service providers will be expected to implement the regulations in practice, the European...
Coal Mine Deaths at Record Low of 11 in 2015
Dec 31 2015 // Amid layoffs and idled operations, the U.S. coal industry is close to setting a record low for on-the-job deaths in coal mines. In late December, there were 11 deaths in coal mines nationwide for the year, putting the...
Officials: ‘Affluenza’ Teen, Mother Fled to Mexico, now Detained
Dec 30 2015 // A Texas sheriff said an arrest warrant will be issued for a Texas woman who was found with her son in Mexico, a teenager on probation after killing four people in a drunken-driving wreck and invoking an...
