Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Boston Ends Bid to Host 2024 Olympics
Jul 29 2015 // Boston’s bid to host the 2024 Olympics is over. The city and the U.S. Olympic Committee severed ties after a board teleconference Monday, USOC spokesman Patrick Sandusky told The Associated Press. The decision throws...
Multi-State Cargo Theft Ring Busted in Indiana; 8 Charged
Jul 29 2015 // Eight individuals have been charged in a 23-count indictment in an organized scheme to steal tens of millions of dollars in merchandise from shipments of cargo moving through the state of Indiana and elsewhere, United...
N.Y. Law Firm Skadden May Be Required to Pay Overtime for Temp Attorneys
Jul 29 2015 // A federal appeals court said on July 23 the New York law firm Skadden, Arps, Slate, Meagher & Flom may owe overtime pay to a contract lawyer for performing non-legal work, a decision that could make it more costly for...
MMC CEO Glaser Surveys Competitive Landscape in Wake of Consolidation
Jul 29 2015 // Recent merger deals in the insurance industry among its competitors and carrier partners should not hurt Marsh & McLennan (MMC) and could instead make its insurance and reinsurance advisory services even more...
Court Upholds Dismissal of Apartheid Claims Against Ford, IBM
Jul 29 2015 // Victims of apartheid in South Africa cannot pursue lawsuits seeking to hold Ford Motor Co. and IBM Corp. liable for conducting business that helped perpetuate the practice decades ago, a U.S. appeals court ruled on...
How Old Is Average Vehicle on U.S. Roads?
Jul 29 2015 // The average age of cars and light trucks on U.S. roads rose slightly to 11.5 years at the start of 2015, as the rate of growth slows because of the recovery of new-vehicle sales, consultant IHS Automotive...
New Madrid Study Shows Need for Quake Coverage: Missouri Insurance Director
Jul 28 2015 // Missouri’s top insurance regulator says a new report on exposures within the reach of the New Madrid seismic zone reinforces the need for residents in affected areas to purchase earthquake insurance. Missouri...
Former Arkansas Insurance Exec Sentenced for Embezzlement
Jul 28 2015 // The former president of a Little Rock, Ark.-based insurance company has been sentenced to one year and one day in prison for embezzlement. United States District Judge Susan Webber Wright sentenced John Mathis...
ACE Names North America Management Team for New Chubb
Jul 28 2015 // ACE Limited, which announced plans to acquire Chubb for $28 billion earlier this month, has designated a post-merger leadership team for the North American Insurance operations of the combined company. The North America...
Fiat Chrysler Recall Highlights Cyber Risks of Connected Cars, Telematics
Jul 27 2015 // Fiat Chrysler will recall 1.4 million vehicles in the United States to install software to prevent hackers from gaining remote control of the engine, steering and other systems in what federal officials said was the first...
Senate Moves Export/Import Bank Renewal with Transportation Funding
Jul 27 2015 // The Senate advanced a proposal to extend the U.S. Export-Import Bank’s charter as part of legislation to finance highways and mass transit for three years. The 67-26 vote during an unusual Sunday session moves...
ANV Launches Miscellaneous Professional Liability Program in U.S.
Jul 27 2015 // ANV Underwriters, the international managing general underwriter (MGU) segment of global speciality insurance group ANV, has launched a new North America Miscellaneous Professional Liability (MPL) product and team. The new...
USDA: Bird Flu Vaccine Working on Chickens; Turkeys Being Tested
Jul 24 2015 // Scientists have developed a vaccine strain that has tested 100 percent effective in protecting chickens from bird flu and testing is underway to see if it also protects turkeys, U.S. Agriculture Secretary Tom Vilsack told...
Firms Interested in Driver Data Collected by Auto Insurers
Jul 24 2015 // The restaurants and doughnut shops that consumers pass on their commute would love to predict when they’ll be driving by. Their auto insurer may already know, and could be looking for a way to profit from that...
Anthem to Buy Cigna, Creating Largest U.S. Health Insurer by Membership
Jul 24 2015 // Anthem Inc. said on Friday it would buy Cigna Corp in a deal valued at $54.2 billion, creating the largest U.S. health insurer by membership. The deal – the biggest ever in the health insurance industry – comes...
Beazley First-Half Profit Rises 16%, Led by U.S. Premium Growth
Jul 24 2015 // Beazley plc, the first Lloyd’s of London insurer to report earnings, had a 16 percent increase in first-half profit, helped by growth in its U.S. business. Pretax profit rose to $154.5 million from $132.9 million a...
Crawford Names Daniel VP of U.S. Property & Casualty Client Development
Jul 23 2015 // Dan Daniel Crawford & Company has named Dan Daniel as vice president, U.S. Property & Casualty client development. He formerly served as vice president of Catastrophe Services for U.S. Property & Casualty for...
More Charges Added Against Former N.Y. Senate Leader Skelos and Son
Jul 22 2015 // Former New York Senate Majority Leader Dean Skelos faces new charges he demanded illegal payments be made to his son Adam from the head of an insurance administrator seeking favorable legislation in Albany. The case stems...
Texas Had Costliest U.S. Cat Losses in First Half of 2015: PCS
Jul 22 2015 // Texas had the most catastrophe losses in the United States during the first half of 2015, according to a new report on North American cat losses during the first six months of the year. Seventeen second-quarter catastrophe...
Insured Catastrophe Losses Fell 36% in First Half of 2015
Jul 22 2015 // Property/casualty insurers catastrophe losses in North America for the first-half of this year were down 36 percent to $8.1 billion from 2014’s total of $12.6 billion, making it the lightest catastrophe first half...
