Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
ACE Names Leaders for New Chubb Business Units, Major Product Lines
Sep 8 2015 // ACE Limited today revealed the leadership teams for the company’s North American business units, including national accounts, middle market, small commercial, high net worth personal lines, wholesale/excess and...
ACE Reveals New Chubb Field Management Team, 8 Regional Executives
Sep 8 2015 // ACE Limited announced the leadership team it intends to appoint for the company’s North America field organization that will take over upon completion of the acquisition of Chubb, which ACE said is expected in the...
Court OKs One BP Shareholder Class Action But Denies Another
Sep 8 2015 // BP Plc must face institutional investors’ claims for more than $2.5 billion in market losses caused by the plunge in share prices after the 2010 Gulf of Mexico oil spill, a federal appeals court ruled. The U.S. Court...
Officials Eye Sky Security After Drone Crashes Into Empty Seats at U.S. Open
Sep 8 2015 // A drone crash during a U.S. Open match has tennis officials thinking about whether they can do more to safeguard the sprawling National Tennis Center from such hazards, a spokesman said. “Obviously, it’s...
How Population Shifts Are Changing Personal Lines Insurance
Sep 8 2015 // There are “far-reaching implications” for personal lines insurers and the products and services they provide as the U.S. continues to undergo changes in its demographic structure, an industry report states. The...
15,000 Schools Located Within ‘Blast Zone’ of Oil Trains
Sep 8 2015 // Thousands of U.S. schools sit along rail corridors used to carry toxic substances such as crude oil and would be at risk in the event of a derailment, an environmental group said on Tuesday as it called for a temporary...
S&P: U.S. Insurers Cautious to Respond to Soaring Cyber Demand
Sep 7 2015 // Standard & Poor’s predicts a major jump in demand for cyber insurance in the coming years, with interest initially outstripping supply. U.S. insurers will respond gradually, however, entering the market with...
Stamping Offices Report Moderate Growth in U.S. Premium
Sep 7 2015 // Collectively, the 14 U.S. surplus lines stamping offices have reported moderate growth in surplus line premiums during the first half of 2015. Approximately 60 percent of all surplus lines insurance is processed by...
People – East
Sep 7 2015 // Insurance broker Marsh said David Marino has joined the firm to lead its U.S. Construction Practice. Marino brings to Marsh 20 years of insurance and construction industry experience. He joins the firm from Aon, where he...
Taxi Companies’ Suit Against Uber in Connecticut Dismissed
Sep 7 2015 // Uber Technologies Inc. on Aug. 13 won the dismissal of a racketeering lawsuit by 15 Connecticut taxi and limousine companies seeking to stop the ridesharing company from doing business in the state. U.S. District Judge...
Uber Headache if More Drivers Want Full-Time Status
Sep 7 2015 // Thousands of new full-time workers would spring into existence if Uber is forced to stop treating some of its drivers like contract workers, and the benefits that come with that employee status may entice part-time...
Texas Oil Field Co. to Pay $30K to Settle EEOC Retaliation Suit
Sep 4 2015 // An Iraan, Texas, oil field construction and services company will pay $30,000 and furnish other relief to settle a retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency...
Judge OKs $415M Settlement in Worker Suit Against Silicon Valley Giants
Sep 4 2015 // A U.S. judge has granted final approval to a $415 million settlement that ends a high profile lawsuit in which workers accused Apple, Google and two other Silicon Valley companies of conspiring to hold down salaries. The...
Surplus Lines Posts Record-Breaking Year for 2014
Sep 4 2015 // The surplus lines industry broke records in 2014, growing direct premium written (DPW) in 2014 to $40.2 billion — the highest point in history, reports A.M. Best’s “2014 Special Report U.S. Surplus Lines –...
XL Catlin Realigns U.S. Excess/Surplus Team, Names 3 Regional VPs
Sep 3 2015 // XL Catlin’s Excess & Surplus (E&S) Casualty business has unveiled a new geographically-focused structure and named three new regional leaders. Coy Rudd is appointed East regional vice president in New York;...
Uber Fails to Block Drivers From Suing as Group for Tips in California
Sep 3 2015 // Uber Technologies Inc. will have to defend a group lawsuit brought by drivers seeking the pay and benefits of employees. The judge’s ruling may slow the company’s growth and cut into its $50 billion valuation....
U.S. Risk and Strategic Program Managers Announce a New Affiliation
Sep 3 2015 // Dallas, TX, September 3 2015- U.S. Risk Insurance Group, Inc. (www.usrisk.com), the sixth largest managing general agency and surplus lines wholesaler in the nation, announced they have entered into an agreement involving...
California Uber Drivers Get Class Action Status in Employment Suit
Sep 2 2015 // Uber drivers are entitled to class action status in litigation over whether they are independent contractors or employees, a key development in a case threatening Uber’s business model and that of other hot startups...
What El Niño Means for the Coming Winter in U.S.
Sep 2 2015 // How the weather plays out in the next six months will have a lot to say about the California drought, snow in the Northeast and even the price of natural gas. A strong El Nino in the equatorial Pacific will make itself...
Fighting Western U.S. Wildfires Costing More than $1B, Agriculture Chief Says
Sep 1 2015 // U.S. Agriculture Secretary Tom Vilsack said the federal government has spent more than $1 billion fighting this year’s deadly wildfires, which have scorched drought-stricken Western states. Vilsack told a news...
