Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Washington Redskins, Disparaging Trademarks and Free Speech
Jul 9 2015 // The National Football League’s Washington Redskins lost some protection for its controversial name after a federal judge ruled it may be disparaging to Native Americans. The decision doesn’t bar the...
Aon Benfield’s June Cat Report Highlights China Rains, Floods, U.S. Storms
Jul 9 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that...
Updated: New York Stock Exchange Suspends Trading
Jul 8 2015 // The New York Stock Exchange shut down its main market because of a computer malfunction, forcing traders to steer orders elsewhere in the biggest disruption to an American equity venue in almost two years. The suspension,...
Aspen U.S. Names Zurich’s Hickey to Head Marine Insurance Unit
Jul 8 2015 // Patrick Hickey has been named as executive vice president for Marine at Aspen U.S. Insurance. Hickey will lead Aspen Insurance’s marine operation in the U.S., covering both inland and ocean. He will report to Tony...
New Mexico Gets Federal Grants to Help Fight DUI
Jul 8 2015 // The New Mexico Department of Transportation will be getting four grants worth more than $365,000 to help prevent drunken driving and improve safety on the state’s roads. The funding will be awarded through the U.S....
U.S. Power Grid Attack Could Cause $70 Billion Insurance Losses: Lloyd’s Report
Jul 8 2015 // A cyber attack on the U.S. power grid in the Northeast would have far-reaching implications including the loss of lives, economic losses of as much as a trillion dollars, the disruption of water supplies and...
IMF Urges U.S. Adopt Tougher Rules for Insurers
Jul 8 2015 // The U.S. needs to follow through on plans to impose tougher rules on non-bank financial institutions such as mutual funds and insurers that are increasingly posing a risk to the financial system, the International Monetary...
Court Upholds Unpaid Internships with Educational Value
Jul 6 2015 // Unpaid internships are legal when they are closely tied to interns’ educations, a U.S. appeals court in Manhattan said on Thursday in reversing a decision that Fox Searchlight Pictures Inc. broke the law by not...
People – West
Jul 6 2015 // Monterey, Calif.-based Capital Insurance Group has named Andrew Doll vice president and chief actuary. Doll began his insurance career as an actuarial analyst in 1990. Following that he began working for a national...
Flooding Could Cost More Than Louisiana Property Owners Think
Jul 6 2015 // The flood plain manager for the Rapides Area Planning Commission in Louisiana said people whose homes flooded may find that repairs bring them under newer and stricter building standards. Melissa Becker told The Town Talk...
Supreme Court Opinion to Have No Effect on Health Insurers: S&P
Jul 6 2015 // The Supreme Court opinion upholding current tax subsidies under the Affordable Care Act (ACA) will not have any impact on rated U.S. not-for-profit and for-profit health insurance firms because it continues the current...
Crop Insurance Payments for Drought More Than for Flooding
Jul 6 2015 // Farmers are reaping higher yields and ranchers’ feed costs have fallen sharply since flooding swept across the southern U.S. Plains in May, with the record rains providing tangible benefits to agriculture despite...
Plugging the Hole in the U.S. Flood Market: How Risk Modelers Can Help to De-Risk the NFIP
Jul 6 2015 // The National Flood Insurance Program (NFIP) has long been the dominant player in the U.S. flood insurance market, providing subsidized flood insurance based on actuarially unsound rates for millions of property owners, in...
‘Seismicity’: Re/insurers Ponder the Impact of Human-Caused Earthquakes
Jul 6 2015 // Earthquakes, the natural kind caused by the movements of vast tectonic plates, have been occurring since the dawn of time. But now there is a new type of quake, the study of which has been labeled “seismicity,”...
Over 1,300 Claims Filed in Ohio Asbestos Suit
Jul 6 2015 // More than 1,300 damage claims were filed in a northeast Ohio court on behalf of the heirs of Akron-area rubber and auto workers who died or developed serious illnesses from exposure to asbestos. The claims in Summit County...
Illinois’ Harper College, Zurich Team Up for Insurance Apprenticeship Program
Jul 6 2015 // A Chicago-area community college and a global insurance company are creating what they believe is the first-of-its-kind insurance apprenticeship program in the United States and one they hope will become an industry...
BP Settlement Doesn’t Cover Claims by Insurers, Banks, Casinos and Others
Jul 5 2015 // BP Plc’s record $18.7 billion settlement ended government claims over the 2010 Gulf of Mexico oil spill, leaving numerous smaller private lawsuits to be mopped up. While investors, residents and businesses that...
Regulatory Review of Aetna’s Humana Deal Could Affect Other Insurer Deals
Jul 5 2015 // Aetna Inc.’s $37 billion deal to buy smaller health insurer Humana Inc. will face rigorous scrutiny from U.S. regulators, which antitrust experts said could also make other large-scale mergers in the sector more...
Spate of Climate Change Reports Ahead of Global Summit
Jul 2 2015 // Ahead of December’s big and much-talked about United Nations Climate Change Conference, COP21 or CMP11, it seems there’s been an information ramp up of sorts. I’m not just talking about Pope...
BP to Pay $18.7B Over 18 Years to Settle Spill Claims with 5 States, U.S.
Jul 2 2015 // BP Plc has agreed to a preliminary deal in which it will pay a record $18.7 billion to settle claims by five Gulf states and the U.S. government for the 2010 Deepwater Horizon oil spill, the worst oil spill in the...
