Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. Threatens Economic Sanctions Against Cybercrimes, Spying
Apr 2 2015 // President Barack Obama signed an executive order Wednesday allowing the use of economic sanctions for the first time against perpetrators of destructive cyber-attacks and online corporate espionage. That will let the...
Families of Germanwings Crash Victims Must Prepare for Differing Payouts
Apr 2 2015 // Families of those killed aboard the Germanwings flight are likely to receive vastly different payouts depending on their nationality, where they bought the ticket, and how much they earned, even though they all shared the...
ICAT Launches Special Purpose Lloyd’s Syndicate for Mid-Sized U.S. Risks
Apr 1 2015 // Colorado-based natural disaster recovery specialist ICAT announced that Lloyd’s of London has granted approval of Special Purpose Syndicate 6123 to further expand ICAT’s per risk capacity. Subject to completion...
Exit Ramp Rollovers Kill Hundreds of Truckers a Year
Mar 31 2015 // It was almost midnight when Walter Price eased his 18-wheeler into the right lane on Interstate 75 near Atlanta. As he began to bank onto the exit ramp he’d been taking for the past 10 years, Price had no idea he was...
W.R. Berkley Combines U.S. Broker Reinsurance Units
Mar 30 2015 // W. R. Berkley Corp. said it has combined its U.S. broker market reinsurance units, Berkley Re America and Facultative ReSources, into a single operating unit that will trade under the Berkley Re America (BRAM)...
Supreme Court Turns Down ‘Death Panel’ Challenge
Mar 30 2015 // The U.S. Supreme Court on Monday declined to hear a new challenge to President Barack Obama’s healthcare law that took aim at a bureaucratic board labeled by some Republicans as a “death panel” because it...
Yemen Conflict Adds to Worries for Ships Dodging Pirates, Terror
Mar 30 2015 // When it comes to world trade, a 17-day shortcut trumps terror, piracy and now bombs. That’s the time a supertanker saves by using the Bab el-Mandeb waterway that skirts Yemen at the southern tip of the Arabian...
Bankruptcy Judge May Lift Shield for GM Over Ignition Switch Claims
Mar 27 2015 // A bankruptcy judge told General Motors Co. six years ago it didn’t have to worry about lawsuits over cars made before its $49.5 billion government bailout. Last month, the same judge said he wasn’t so sure...
Yemen Conflict Could Disrupt Major Oil Shipping Route; Insurers Pull Back
Mar 27 2015 // Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab el-Mandeb passage through which nearly 4 million barrels of oil are shipped daily to Europe, the United...
Federal Judge Blocks Granting Family Leave to Same-Sex Couples in Texas
Mar 26 2015 // The U.S. was barred by a federal judge from immediately enforcing a new rule that would grant Family and Medical Leave Act benefits to same-sex couples. Texas sued the U.S. last week, claiming that the government’s...
EU, US Insurers Lost $400 Billion from Continued Low Interest Rates: Swiss Re
Mar 26 2015 // A study, – “Financial repression: The unintended consequences -” released by Swiss Re, notes that “seven years after the financial crisis, central banks are still keeping interest rates at historically...
Lloyd’s Reports US$4.9 Billion (£3.2 Billion) Profit for 2014, Level With 2013
Mar 26 2015 // Lloyd’s announced a pre-tax profit of US$4.9 billion (£3.2 billion) for 2014, which is unchanged from the profit figure reported in 2013. The 2014 profit was driven by a relatively benign year for major natural...
NHL Loses Bid to Block Players’ Concussion Lawsuits
Mar 25 2015 // The National Hockey League lost its bid to throw out retired players’ claims it glorified violence and failed to protect them from repeated head injuries and concussions. Wednesday’s ruling by a federal judge...
Supreme Court Gives Pregnant UPS Driver’s Claim Another Chance
Mar 25 2015 // The U.S. Supreme Court on Wednesday sided with a former driver for UPS Inc. by throwing out a lower court ruling blocking her lawsuit accusing the package delivery company of discrimination for refusing to lighten her work...
Giordano to Retire as Executive Chairman of Canopius US
Mar 25 2015 // Canopius Group Limited, the global specialty (re)insurance platform of Sompo Holdings, announced that James (Jim) Giordano, Executive Chairman of Canopius US Holdings, will retire from the Group on June 30, 2015. The...
2014 Insured Cat Losses below Average at $35 Bn: Swiss Re Sigma Report
Mar 25 2015 // Swiss Re has just released its sigma report on catastrophe losses for 2014, which confirms that total global economic losses from natural catastrophes and man-made disasters were around $110 billion, compared to global...
Former Massey CEO Pleads Not Guilty to New Indictment in Mine Blast
Mar 25 2015 // The former chief executive of Massey Energy Co. pleaded not guilty on Tuesday to a revised federal indictment arising from a 2010 West Virginia coal mine explosion that killed 29 miners. The former chief executive, Donald...
Georgia Tour Guides Move Forward with Free Speech Suit Against Savannah
Mar 24 2015 // Months after a federal lawsuit prompted Savannah to revise a local law regulating guided tours, Dan Leger remains determined to press ahead with the case in court. “Until they quit licensing my free speech, I...
Closing Arguments in Greenberg’s Suit Against Bailout Set for April 22
Mar 24 2015 // Maurice “Hank” Greenberg’s Starr International Co. and the U.S. filed a second set of post-trial papers in a lawsuit over the terms of the government’s bailout of American International Group Inc.,...
As West Bakes and Northeast Shivers, Elsewhere Tornadoes Almost Disappear
Mar 24 2015 // The same weather pattern that made the West warm and dry and the Northeast cold and snowy has contributed to keeping the rest of the U.S. relatively free of tornadoes so far this year. In the first two months of 2015,...
