Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
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...
Wanted by U.S.: Monitor for Takata Air Bag Recall
Nov 17 2015 // U.S. auto safety regulators this week invited outside companies and individuals to apply for the job of independent monitor for the massive recall of Takata Corp air bag inflators. In a Web posting, the National Highway...
U.S. Clarifies Policy on Prosecutions of Executives for Fraud
Nov 17 2015 // The U.S. Justice Department renewed its push to charge executives in corporate fraud cases, encouraging companies to come to them early even if they can’t yet identify individual wrongdoers. Deputy Attorney General...
Defense Rests in West Virginia Mine Blast Trial, Blankenship Stays Mum
Nov 17 2015 // Former Massey Energy Chief Donald Blankenship won’t take the witness stand to explain what happened when a company mine exploded in 2010 killing 29 workers, choosing instead to leave his fate in the hands of jurors...
El Nin᷈o Talk Growing Louder Amid Southern California Storms
Nov 16 2015 // A whopper of a winter appears to be brewing for the Western U.S. and more conversations are turning to preparations for what could be one of the strongest El Nin᷈os on record. Strong rains throughout much of California...
Endurance Partners with W. Brown Associates for U.S. Aviation Risks
Nov 16 2015 // 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. Brown Associates to provide...
Top 25 Workers’ Compensation Insurers: A.M. Best
Nov 16 2015 // The U.S. workers’ compensation market saw solid gains in 2014, thanks in part to premium increases and favorable claims frequency. This was the fourth consecutive year in which the industry reported improved results,...
How New Chip Cards Raise the Risk for Merchants
Nov 16 2015 // On Oct. 1, 2015, many of your 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 accepts or issues payment...
10 Things to Know About Long Term Care & Assisted Living
Nov 16 2015 // A 2015 survey of affluent adults between the ages of 50 and 68 conducted by Greenwald & Associates on behalf of John Hancock Insurance found that only three in 10 have actually made a plan to address long term care as...
‘We Start Businesses Instead of Buying Them,’ Berkley Says in Last Earnings Conference Call as CEO
Nov 16 2015 // William R. Berkley’s last earnings conference call as chief executive officer of the company that bears his name lasted just over 20 minutes, with a lack of questions about a less-eventful quarter than competitors...
The Rebound Continues as Contractors & Builders Expect to Grow Again in 2016
Nov 16 2015 // The Rebound Continues as Contractors & Builders Expect to Grow Again in 2016 Builders and contractors can expect another year of steady growth in 2016 and so can the insurance specialists that serve this rebounding...
Illinois Supreme Court Voids $10.1B Philip Morris ‘Light’ Verdict
Nov 16 2015 // The Illinois Supreme Court on Nov. 4 threw out a $10.1 billion verdict against Philip Morris USA in a long-running lawsuit accusing the Altria Group Inc. unit of misleading smokers about the health risks of...
Everest Re Adds Inland Marine Unit to U.S. Specialty Platform
Nov 13 2015 // Everest Re Group, Ltd., has expanded its U.S. specialty insurance platform, Everest National Insurance Co., with the introduction of a new dedicated Inland Marine underwriting team. Everest National is pursuing a broad and...
It’s 2026, There’s a Food Security Crisis- How Does World Respond?
Nov 12 2015 // The year is 2026. Flooding, worsened by climate change, has devastated Bangladesh and driven millions of hungry refugees to its border with India. Worried about unrest and disease, India asks other nations for help. The...
U.S. Health Care Cost Increases at Lowest Rate in Nearly 20 years: Aon
Nov 12 2015 // After plan design changes and vendor negotiations, the average health care rate increase for mid-size and large companies was 3.2 percent in 2015, marking the lowest rate increase since 1996, according to a new analysis by...
Insurance and Safety Issues Delay Iran’s Entry into Global Oil Tanker Market
Nov 12 2015 // Even after Western sanctions are lifted, Iran’s oil tanker fleet is expected to face more hurdles before many of the vessels can start trading again due to insurance hiccups and tougher requirements over sea...
Brit Hires Pozzebon to Lead U.S. Property Facultative Team in Chicago
Nov 12 2015 // Global specialty insurer and reinsurer Brit Ltd (Brit) has appointed Nick Pozzebon to lead its existing Chicago-based U.S. property facultative team for Brit Global Specialty USA, reporting to Noreen Metcalfe. Pozzebon...
Supreme Court Justices Question Tyson Claims Against Damages Formula
Nov 11 2015 // U.S. Supreme Court justices expressed skepticism on Tuesday toward Tyson Foods Inc.’s challenge to an almost $5.8 million class action judgment in a case that could buck the court’s recent pro-business trend in...
U.S. Charges 3 in ‘Securities Fraud on Cyber Steroids’ Scheme
Nov 11 2015 // U.S. prosecutors on Tuesday unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co. and generated hundreds...
U.S. Must Hold Takata Accountable for Air Bag Recall: Senators
Nov 11 2015 // Two influential U.S. senators, worried about Takata Corp.’s ability to complete its recall of potentially deadly air bag inflators, sought regulatory guidance on how to hold the Japanese company accountable if its...
