Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Mexican Motor Carriers Can Apply to Cross Border for Long-Haul Trucking
Jan 26 2015 // The U.S. Department of Transportation announced that Mexican motor carriers will soon be able to apply for authority to conduct long-haul, cross-border trucking services in the United States. The policy change marks a...
N.Y. Assembly Speaker Silver Accused of Running 15-Year Graft Scheme
Jan 23 2015 // New York Assembly Speaker Sheldon Silver reaped millions of dollars in kickbacks in a 15-year conspiracy that involved medical referrals, real estate developers and law firms, the U.S. said. Silver, 70, used his position...
U.S. Adds Automatic Braking to Recommended Car Safety Features
Jan 23 2015 // The National Highway Traffic Safety Administration plans to add what it considers two “cutting-edge” automatic emergency braking systems to the recommended safety features included under its rating system for...
Obama’s Visit to India Ignites Nuclear Accident Liability Debate
Jan 23 2015 // It’s a $182 billion question for India with no easy answer. That’s the estimated amount the country plans to spend on nuclear power plants to meet Prime Minister Narendra Modi’s pledge to provide...
U.S. to Back New System Warning Airlines in Conflict Zones
Jan 23 2015 // The United States will throw its support behind a proposal by the U.N.’s aviation agency to share information about risks to commercial aircraft over conflict zones after the downing of a Malaysian jet in Ukraine...
Study Finds Big Disparities in Local Prices for Hip, Knee Surgeries
Jan 22 2015 // Hip and knee replacements, two of the fastest-growing U.S. medical procedures, are subject to huge – and apparently random – price variations within the same geographical areas, a new insurance industry study...
Safety Group Seeks GM Bailout Information
Jan 22 2015 // The U.S. Treasury’s role in shielding General Motors Co. from car lawsuits after a 2009 bailout of the automaker isn’t confidential and should be made public, the Center for Auto Safety told a federal...
Cyber Attack Retaliation Is Government’s Job: Poll
Jan 22 2015 // At a time when most people aren’t confident their workplace is safe from a hacking attack, respondents to the Bloomberg Global Poll are more certain about one thing: Vengeance is not mine. Companies shouldn’t...
Third Point Re Picks Short Hills, N.J., as U.S. Subsidiary Location
Jan 21 2015 // Third Point Reinsurance Ltd., the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, has picked Short Hills, New Jersey, as the location for a new U.S. subsidiary. Shane Haverstick, senior vice president of...
Federal Judge Allows N.J. Town’s Dune Construction Plan to Proceed
Jan 21 2015 // A federal judge ruled on Jan. 15 to let a beach replenishment project proceed — for now — over the objections of a Jersey shore town that does not want the sand piles. Judge Renee Marie Bumb decided that...
BP Argues for Lower Oil Spill Penalty
Jan 21 2015 // Last week’s ruling that BP Plc’s Macondo well dumped less oil into the Gulf of Mexico than the U.S. government claimed may trigger a settlement before a decision on the amount it must pay after a trial set to...
Chinese Insurers’ Hunt for Trophy Properties Boosts NYC, London Prices
Jan 20 2015 // What do New York’s most famous hotel, the Lloyd’s of London building and the headquarters of the U.K.’s top law firm have in common? They’re all owned by Chinese insurers. This new breed of buyers,...
Auto Parts Suppliers Under Pressure Following Recalls
Jan 19 2015 // Auto-parts suppliers are feeling the pressure as car companies move to raise quality standards after a record year for U.S. vehicle recalls in 2014. In Japan, parts makers that sell to automakers worldwide say...
QBE Selling U.S. Agency Businesses to Alliant for $300M
Jan 19 2015 // QBE Insurance Group Ltd. of Australia is selling its U.S. agency businesses to California-based Alliant Services Inc. for about $300 million and exiting the distribution business. The agencies being bought by Alliant...
Felton Named Asst. VP – Marketing and Development at U.S. Risk Solutions
Jan 16 2015 // Dallas-based managing general agency and surplus lines wholesaler, U.S. Risk Insurance Group Inc., announced it has named Adam Felton as assistant vice president of marketing and development for U.S. Risk Solutions, its...
Large Firms Add Financial Muscle to Wellness Programs
Jan 16 2015 // U.S. companies are increasingly penalizing workers who decline to join “wellness” programs, embracing an element of President Barack Obama’s healthcare law that has raised questions about fairness in the...
Catastrophe Bond Issuance Reaches Record Levels: Aon Benfield Report
Jan 16 2015 // Property catastrophe bond issuance for the fourth quarter 2014 stood at USD$2.1 billion across six separate transactions, contributing to a record annual property catastrophe bond issuance of USD$8.0 billion, according to...
Judge Trims BP Oil Spill Fine to $13.7B
Jan 15 2015 // BP Plc will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, several billion less than feared, after a judge found on Thursday the size of the spill was smaller than the U.S....
Attempts Made to Disguise Iranian Oil Near U.A.E., Say Marine Insurers
Jan 15 2015 // Attempts are being made near the United Arab Emirates’ coast to disguise oil from Iran so that it can be sold to countries that are blocked by the U.S. from purchasing such shipments, global ship insurers...
New U.S. Rules on Cuba Ease Travel, Trade, Insurance Restrictions
Jan 15 2015 // The United States rolled out a sweeping set of measures on Thursday to ease the half-century-old embargo against Cuba, opening up the country to expanded travel, trade and financial activities. Defying hardline critics in...