Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. Looks to Revamp Auto Safety Ratings, Add High-Tech Crash Dummies
Dec 9 2015 // U.S. regulators proposed a remake of the five-star crash-test ratings system for automobiles to take into account new technology — and new test dummies. The National Highway Traffic Safety Administration’s...
Beazley Launches Breach Response Services for Non-U.S. Policyholders
Dec 9 2015 // Beazley has introduced a suite of breach preparedness services tailored to the needs of policyholders outside the U.S. The insurer has partnered with privacy specialist lawyers DAC Beachcroft; IT security specialists CGI...
Entrepreneurs Raise $13 Million to ‘Reinvent’ U.S. P/C Insurance with Peer-to-Peer Insurer
Dec 8 2015 // The U.S. property/casualty insurance industry is about to be tested directly by the sharing economy. Two tech entrepreneurs have raised $13 million in initial funding to launch a peer-to-peer online property/casualty...
India Floods Top Aon Benfield/Impact Forecasting’s November Cat Recap
Dec 8 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has issued the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of natural disaster events that occurred...
Karen Clark Adds US Earthquake Reference Model to Modeling Platform
Dec 7 2015 // Karen Clark & Company (KCC) has released a new US earthquake Reference Model as part of the RiskInsight open loss modeling platform. The earthquake model is based on the latest 2014 US Geological Survey (USGS) report...
New Credit Card Chips Shift Liability to Retailers
Dec 7 2015 // On Oct. 1, 2015, many of the insurance industry’s clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that...
Supreme Court Lets Stand State, Local Bans on Assault Weapons
Dec 7 2015 // A divided U.S. Supreme Court steered clear of a politically charged fight over gun rights, turning away a challenge to a law banning semi-automatic assault weapons and large-capacity magazines in a Chicago suburb. The...
U.S. Hospitals Improve Patient Safety: Report
Dec 7 2015 // Fewer patients are dying from conditions acquired while staying in the nation’s hospitals, according to a new federal report. Statistics from the Department of Health and Human Services (HHS) show that an estimated...
P/C Insurers Told ‘Fresh Approach’ Needed to Face Coming Disruption
Dec 7 2015 // U.S. property/casualty insurers should expect disruptive changes in a number of areas in 2016, including technology, pricing, customer demand, and “heightened regulatory creep,” consultant Ernst & Young...
Business Moves
Dec 7 2015 // Endurance, W. Brown Associates Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has entered into an exclusive joint underwriting agreement with W....
Study Says Telematics Use Changing Drivers’ Behavior
Dec 7 2015 // Telematics devices offered by auto insurers appear to working to change the behavior of drivers. More than half (56 percent) of the 1,135 drivers participating in an Insurance Research Council (IRC) public opinion survey...
People – East
Dec 7 2015 // CNA Financial Corporation announced the appointment of Dino E. Robusto as its chairman and chief executive officer, effective on or about Dec. 1, 2016. Robusto will succeed Thomas F. Motamed who has decided to retire at...
Blankenship Found Guilty of Conspiracy in W. Virginia Mine Blast
Dec 3 2015 // Former Massey Energy Chief Executive Don Blankenship was found guilty in federal court on Thursday of conspiring to violate safety standards at the Upper Big Branch mine, the site of a 2010 blast that killed 29...
Senate Joins House in Voting to Repeal Obamacare
Dec 3 2015 // The U.S. Senate voted Thursday to repeal the core of Obamacare, bringing Congress closer to sending legislation to President Barack Obama for the first time that would dismantle his signature domestic...
Huge Highway Bill Includes Safety, Trucking, Rail, Ex-Im Bank Provisions
Dec 3 2015 // U.S House and Senate lawmakers reached agreement on Tuesday on a $305 billion, five-year transportation bill that would revive the politically embattled Export-Import Bank while funding roads, bridges and mass transit. The...
Supreme Court Hears Liberty Mutual Case Against Vermont Data Law
Dec 3 2015 // Members of the U.S. Supreme Court on Wednesday indicated that Vermont and 17 other states could be prevented from collecting healthcare information from certain employee health plan administrators. The nine justices heard...
Cyber Insurance Rates Up, Unlike Other Commercial Rates
Dec 3 2015 // Cyber insurance stood out in the third quarter as the only line for which insurers saw consistent and large rate increases, which averaged more than 15 percent in the United States, according to the latest analysis from...
15 Automakers, U.S. Meet on Safety, Recalls, Hacking
Dec 3 2015 // Executives from 15 auto companies met with U.S. Transportation Secretary Anthony Foxx Tuesday to discuss specific industrywide actions that can improve safety and prevent cars from being hacked. The meeting was convened...
Blankenship Jury Still Deadlocked in West Virginia Mine Blast Case
Dec 2 2015 // Jurors at former Massey Energy Co. Chief Donald Blankenship’s criminal trial ended their eighth day of deliberations after telling the judge they remain deadlocked on charges the coal executive plotted to ignore...
U.S. Risk Insurance Group Acquires Matias Underwriters in Boston
Dec 2 2015 // U.S. Risk Insurance Group Inc., a managing general agency and surplus lines wholesaler based in Dallas, announced that it has acquired Matias Underwriters LLC in Boston. Terms of the transaction were not disclosed. Matias...