Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
ACE Announces Future Leadership Team for Global Surety Business Unit
Dec 2 2015 // ACE Ltd. announced the leadership team it has appointed for the company’s Global Surety business unit, which will take effect upon completion of the acquisition of Chubb, expected in the first quarter of 2016. As...
California Farm Recalls Produce Used in Costco’s E. Coli-linked Salad
Dec 1 2015 // A California farm is recalling a vegetable mix believed to be the source of E.coli in Costco chicken salad that has been linked to an outbreak that has sickened 19 people in seven states, the Food and Drug Administration...
Anadarko’s $160 Million Fine for 2010 Gulf Oil Spill Falls Well Below What U.S. Sought
Nov 30 2015 // Anadarko Petroleum Corp. was ordered to pay almost $160 million for its role as part-owner of the doomed Gulf of Mexico well that in 2010 caused the biggest offshore oil spill in U.S. history. The fine was the last big...
5 Charged in $580M Southern California Scheme Involving Workers’ Comp
Nov 30 2015 // Five people, including a former hospital executive and two surgeons, are charged with a massive kickback scheme that resulted in billing $580 million to the government and insurance companies, authorities announced. Two...
GM Does Not Have to Turn Over Privileged Ignition Switch Documents: Judge
Nov 30 2015 // General Motors Co. and its law firm need not turn over privileged documents to drivers hoping to show that the automaker intended to commit a crime or fraud by concealing defective ignition switches in their vehicles, a...
Aging U.S. Nuclear Plants Pushing Limits of Life Expectancy
Nov 29 2015 // The U.S. is set to become the first nation to decide whether it’s safe to operate nuclear power plants for 80 years, twice as long as initially allowed. The majority of the nation’s 99 reactors have already...
Highway Death Toll Takes Troubling Turn: Up 8.1% This Year
Nov 25 2015 // The death toll on U.S. highways rose 8.1 percent in the first half of 2015 as low fuel prices contributed to a jump in miles driven by Americans, according to new figures from the Transportation Department. The preliminary...
Mathieu Appointed President of Collinson Insurance Brokers
Nov 25 2015 // Collinson Group has appointed Yasmine Mathieu as president of Collinson Insurance Brokers Inc. (CIB). Based in Little Rock, Ark., she is part of Collinson Group’s global broking team with associates in Dallas and...
NAIC Elects Missouri’s Huff President; Other 2016 Officers
Nov 24 2015 // State insurance regulators who are members of the National Association of Insurance Commissioners (NAIC) have elected 2016 officers, including Missouri Insurance Director John Huff as president. Other officers elected are...
Uber Drivers’ Class Action Raises Worker Classification, Arbitration, Liability Issues
Nov 24 2015 // Fifty seven and a half cents for every mile logged. That’s the latest demand from Uber Technologies Inc. drivers in California suing to be treated like employees. Whether the drivers can pursue pay for mileage on...
Paris Climate Summit Will Seek New Path to Reduce Carbon Emissions
Nov 23 2015 // Next week, in the waning days of what is set to be the hottest year on record, world leaders meet on the outskirts of Paris for a summit that seeks nothing less than to steer the global economy away from its ever-growing...
U.S. to Pursue Covered Agreement with EU for Re/Insurers
Nov 22 2015 // The U.S. Treasury and U.S. Trade Representative announced plans on Friday to negotiate a covered agreement on insurance with the European Union, a move it said will “level the regulatory playing field for U.S-based...
FAA Task Force Recommends Requiring Registration for Most Drones
Nov 22 2015 // Owners of all but the smallest toy drones will have to register them with the U.S. government before the end of the year if the Obama administration adopts proposals issued by a task force it appointed. Registration...
Court Denies Uber’s Appeal of Class Action Filed by Aspiring Employees
Nov 20 2015 // A U.S. appeals court this week denied ride service Uber’s request to immediately appeal an order approving class certification in a lawsuit filed by drivers who wish to be deemed employees. The ruling, from the 9th...
States Graded ‘A’ to ‘F’ for Extreme Weather Preparedness
Nov 20 2015 // Many states across the country are unprepared to face the risks posed extreme heat, drought, wildfires, inland flooding, coastal flooding and other extreme weather events, according to a new report card. Only a small...
NFL Defends $1 Billion Concussion Settlement Against Critics in Court
Nov 20 2015 // The NFL on Thursday asked a U.S. appeals court to uphold a potential $1 billion plan to settle thousands of concussion lawsuits filed by former players. Critics appealing the settlement complain it protects some retirees...
Insurance Industry Not Alone in Missing the Mark with Millennials
Nov 19 2015 // Could it be that the property/casualty insurance industry has company in not feeling the love of millennials? Yes, it could. The Hartford has released new research that shows key industries driving the U.S. economy,...
A.M. Best Revises Outlook to Positive for Aspen and Its Subsidiaries
Nov 19 2015 // A.M. Besthas revised the outlook for the issuer credit ratings (ICR) to positive from stable and affirmed the financial strength rating (FSR) of “A” (Excellent) and the ICRs of “a” of Aspen...
Telematics Changing Drivers’ Behavior: Insurance Research
Nov 18 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...
Federal Reserve Pressured to Narrow Emergency Bailout Powers
Nov 18 2015 // The Federal Reserve is on the verge of relinquishing the tools it used to rescue American International Group Inc. and Bear Stearns Cos. That probably won’t appease lawmakers who’ve said they’re still...
