Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Hurricane Katrina and the Evolution of Risk Management
Aug 17 2015 // Nearly 10 years ago, wind and storm surges as a result of Hurricane Katrina caused $41 billion in insured losses and $108 billion in total economic losses in the United States. Many of the lawsuits filed as a result of the...
U.S. Safety Board Criticizes Emergency Response in Tracy Morgan Crash
Aug 14 2015 // Federal safety officials who reviewed a highway crash in New Jersey that badly injured comedian Tracy Morgan and killed a friend were sharply critical of the emergency response to it and are urging the state to establish...
Taxi Companies’ Lawsuit Against Uber in Connecticut Dismissed
Aug 14 2015 // Uber Technologies Inc on Thursday won the dismissal of a racketeering lawsuit by 15 Connecticut taxi and limousine companies seeking to stop the ride-sharing company from doing business in the state. U.S. District Judge...
Appeals Court Denies State Farm’s Rehearing Request in Katrina Fraud Case
Aug 14 2015 // A federal appeals court has decided that last month’s upholding of a jury’s insurance fraud ruling will stand, allowing whistleblowers who sued State Farm Fire and Casualty Co. to seek more evidence of fraud...
U.S. Forecaster Sees El Nino Likely to Last into Spring in No. Hemisphere
Aug 14 2015 // A U.S. government weather forecaster on Thursday raised the likelihood that El Nino conditions would last into the Northern Hemisphere’s early spring to 85 percent, boosting the probability that drought-stricken...
Judgment Against Dallas Firm in Sex Discrimination Case Upheld
Aug 13 2015 // A federal judge in Dallas has ordered a physician outsourcing group to end practices of sex discrimination and retaliation, and to report any employee claims of sexual harassment for the next two years. U.S. District Judge...
Health, Wealth, Technology Drive Graying of America’s Roadways
Aug 13 2015 // Richard Emmons, 83, likes to spend his weekends cruising around in a 1995 Jaguar convertible with a big 12-cylinder engine. His weekday drive is either a 2009 Volkswagen Eos or the $82,000 Audi A8 sedan he bought in...
Switzerland Is 1st Nation to Lift Iran Sanctions; Re/Insurer Policies Affected
Aug 13 2015 // Switzerland is lifting sanctions against Iran after the Gulf state sealed a historic accord with world powers to curb its nuclear program. The move on Wednesday made it the first nation to remove sanctions since the July...
U.S. Appeals Ruling in Greenberg’s Case Against AIG Bailout
Aug 13 2015 // The United States filed an appeal on Wednesday against a U.S. judge’s ruling in June that sided with former American International Group chief executive Maurice “Hank” Greenberg on a legal claim over the...
Illinois Company Fined $1.8 M for Exposing Workers to Asbestos
Aug 12 2015 // The top federal official for worker safety said that an Illinois businessman’s “outrageous behavior” of bringing in Mexican workers to remove asbestos without safety gear warrants fines of nearly $1.8...
Einhorn’s Greenlight Re May Gain $30.4M From China’s Currency Devaluation
Aug 12 2015 // With U.S. equities declining in the wake of China’s currency devaluation, hedge fund manager David Einhorn may be one of the few stock pickers to get a direct boost from the yuan’s sudden decline. Greenlight...
A.M. Best: Sanctions Removal to Attract Re/Insurers to Iranian Market
Aug 12 2015 // The lifting of trade restrictions placed on Iran may present significant opportunities for the Middle East and North African (MENA) re/insurance market, with European participants also expected to re-engage and seek a...
College Athlete, Temp Worker Labor Board Cases Could Redefine Employee
Aug 12 2015 // U.S. regulators are poised to decide two closely watched cases that have the potential to reshape labor laws by allowing college football players to unionize and forcing companies to take more responsibility for...
Wells Fargo Considers Selling Crop Insurance Unit
Aug 12 2015 // Wells Fargo & Co may divest its crop insurance business, one of the biggest in the United States, a spokeswoman told Reuters on Tuesday, as regulatory restrictions on U.S. banks force some to reconsider underwriting...
U.S. Safety Board Focuses on Driver Fatigue in Tracy Morgan Crash
Aug 11 2015 // A Wal-Mart Stores Inc. driver who struck a limo van carrying comic Tracy Morgan last year had been awake for 28 hours and worked almost 14 hours at the time of the accident, U.S. investigators found. The National...
Below-Normal Atlantic Hurricane Season Now Even More Likely: NOAA
Aug 10 2015 // The U.S. Climate Prediction Center’s updated 2015 Atlantic Hurricane Season Outlook calls for a 90 percent chance of a below-normal hurricane season. A below-normal season is now even more likely than predicted in...
Navigators Group Settles Probe Into Iran, North Korea Sanctions Violations
Aug 10 2015 // Navigators Group Inc., the insurer that focuses on marine risks, agreed to settle a U.S. probe that it violated sanctions through deals tied to banned nations. Navigators will pay about $272,000 to resolve the liability...
Prosecutors Want Life Sentence in Georgia Peanut Exec Salmonella Case
Aug 10 2015 // Federal court officers have recommended a sentence of life in prison for a peanut company executive convicted of selling salmonella-tainted food, a move that attorneys on both sides called “unprecedented” for a...
Atlas General Insurance Services is Ranked as One of the 2015 Best Places to Work in San Diego
Aug 7 2015 // San Diego, CA, August 7, 2015 – Atlas General Insurance Services, LLC was recently named as one of the Best Places to Work in San Diego. The annual list of the Best Places to Work in San Diego was created by the San...
Munich Re Launches Inland Flood Insurance Product for U.S. Homeowners
Aug 6 2015 // Munich Reinsurance America, Inc. has launched a new personal lines inland flood insurance product designed to provide more options for homeowners in low-to-moderate-hazard flood zones. According to the National Flood...
