Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. Pushes for Collision Prevention Technology on All New Cars, Trucks
Jun 10 2015 // U.S. safety officials this week called on automakers to begin installing collision avoidance systems in all new passenger and commercial vehicles, saying existing technology could save lives and avoid injuries by reducing...
Judge Orders Trinity Guardrail Maker to Pay $663M for Cheating Government
Jun 10 2015 // Trinity Industries Inc., maker of a highway guardrail safety system tied to at least nine deaths, was told by a judge to pay $663 million for defrauding the U.S. government. The decision Tuesday by U.S. District Judge...
Cyber Security – ‘a Fast Growing Emerging Risk’ for Companies – S&P Reports
Jun 10 2015 // “For corporate borrowers, as well as Standard & Poor’s Ratings Services’ assessment of credit quality, cyber risk is a growing source of concern, given the increasing frequency of reported...
U.S. Supreme Court Rejects NRA Challenge to San Francisco Gun Law
Jun 9 2015 // The U.S. Supreme Court turned away a National Rifle Association challenge to a San Francisco law that requires people who store handguns at home to either put them in a lockbox or disable them with a trigger lock. Over two...
Obama Seeks ‘Nimble, Aggressive, Well-Resourced’ Cyber Defense
Jun 9 2015 // President Barack Obama vowed on Monday that the United States would aggressively bolster its cyber defenses, as U.S. officials said the probe into a massive breach of federal government networks has yielded growing signs...
Should U.S. Retaliate for Cyber Attacks?
Jun 9 2015 // The Obama administration should retaliate for a cyber-attack on federal employee records that was the worst breach the U.S. government has ever suffered, members of Congress said on Sunday. “There has to be a price...
Aspen Names Brown to Head U.S. Distribution– Correction
Jun 8 2015 // Aspen U.S. Insurance announced that Russell Brown has joined the company as senior vice president and head of U.S. distribution. Reporting to Bob Rheel, executive vice president and head of U.S. Property & Casualty...
Little and Regilio Join Beasley’s U.S. Private Enterprise Team on West Coast
Jun 8 2015 // Beazley has named Nicholas Little and Timothy Regilio to the company’s private enterprise team, which focuses on the professional liability needs of small businesses. Both Little and Regilio will be based in San...
U.S. Regulators Scrutinizing Coal Mines’ Clean-Up Insurance Program
Jun 8 2015 // Coal giant Peabody Energy has been among the harshest critics of federal energy policies, joining a court challenge to the Obama administration’s new clean air regulations and denouncing its promotion of renewable...
Bipartisan Bill Targets Pregnancy Discrimination in Workplace
Jun 8 2015 // A bipartisan group of U.S. lawmakers introduced legislation last Thursday to boost protections for pregnant workers in response to a recent U.S. Supreme Court ruling that revived discrimination claims by a former United...
Number of US Homes at Risk of Storm Surge Damage in 2015 Tops 6.6 Million
Jun 8 2015 // This post is part of a series sponsored by CoreLogic. Total Reconstruction Cost Value of Homes is Nearly $1.5 Trillion Although the U.S. Atlantic and Gulf coasts have been spared any significant hurricane damage over the...
U.S. Judge Denies Motion to Drop Mine Blast Charges Against Ex-Massey CEO
Jun 5 2015 // A federal judge has denied nine motions to dismiss charges against former Massey Energy Chief Executive Officer Don Blankenship related to a 2010 mine explosion in West Virginia that killed 29 people. Blankenship faces...
Price Declines Slow on June U.S. Reinsurance Renewals: Guy Carpenter
Jun 5 2015 // After two years of price decreases averaging 15 percent on U.S. property catastrophe placements, risk-adjusted pricing moderated at the most recent June renewals. Reinsurance broker Guy Carpenter & Co. reported that...
Fraudster Huff with ‘Staggering’ Record and ‘Chutzpah’ Gets 12 Years in Prison
Jun 5 2015 // A Kentucky businessman was sentenced on Thursday to 12 years in federal prison for a series of massive frauds, including a $53 million tax scheme, the bribing of bank officials and the defrauding of bank and insurance...
EPA Finds Little Evidence Fracking Contaminates Drinking Water
Jun 5 2015 // Fracking for shale oil and gas has not led to widespread pollution of drinking water, a U.S. Environmental Protection Agency draft report said on Thursday, although it warned some drilling activities could potentially...
Green Bond Wave Ahead of Climate Change Conference in Paris?
Jun 4 2015 // This is the first of a two-part column on green bonds. The second installment will include interviews with Axa, QBE and Zurich. Ahead the United Nations Climate Change Conference in Paris in December, also called COP21 or...
May U.S. Storm, Tornado Claims over $1Bn: Aon Benfield/Impact Forecasting
Jun 4 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its latest Global Catastrophe Recap report for the month of May. The report highlights the “powerful thunderstorms” that...
Lloyd’s Agency Ascot Appoints Casualty Fac Team for Ascot Underwriting in U.S.
Jun 4 2015 // Ascot Underwriting Ltd., the London-based Lloyd’s managing agency, has appointed Scott Beall as chief underwriting officer of casualty facultative and Lex Smart as senior vice president of Ascot Fac. The team will...
AIG CEO Hancock Assesses Risk from Greenberg Bailout Lawsuit
Jun 3 2015 // American International Group Inc. Chief Executive Officer Peter Hancock said that it’s difficult to quantify the financial risk to the company from former CEO Maurice “Hank” Greenberg’s suit over...
Former Mass. Brokerage Owner Pleads Guilty to Stealing $10M From Aetna
Jun 3 2015 // A former insurance brokerage owner has pleaded guilty on June 2 in federal court in Hartford, Connecticut, to wire fraud and money laundering charges stemming from her theft of more than $10 million from Hartford-based...
