Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
India Uber Driver’s Rape Charge Raises Doubts About Oversight
Dec 10 2014 // The Uber taxi driver held on suspicion of raping a passenger in India is a career criminal who was out on bail for sexually assaulting a woman, Indian police said, raising fresh concern about the safety of using the...
Uber Facing Roadblocks, Controversies in U.S. and Abroad
Dec 10 2014 // Uber Technologies Inc. has hit an increasing pileup of regulatory and legal hurdles this week, with its mobile application challenged from India to California. The car-booking app yesterday was sued by the district...
U.S. Cyber Crime Unit to Focus on Prevention
Dec 9 2014 // The U.S. Justice Department is creating a unit within the criminal division to advise on electronic surveillance in cyber investigations and work with the private sector to prevent online crime, an official said...
High Cost Hinders Progress of Carbon Capture As Climate-Change Fix
Dec 9 2014 // Scientists know only two credible ways to prevent temperatures from rising to dangerous levels: stop burning fossil fuels or capture and bury the carbon dioxide byproduct before it gets into the atmosphere. The second...
Supreme Court Rejects BP’s Bid for Review of Gulf Oil Settlement
Dec 8 2014 // The U.S. Supreme Court refused to review BP Plc’s $9.7 billion settlement over the 2010 Gulf of Mexico oil spill, turning away the company’s argument that hundreds of millions of dollars are going to businesses...
Travelers Unit Sued Over Allegedly Manipulated Sandy Report
Dec 7 2014 // A Travelers Cos. unit was sued by two New York homeowners who accused it of using a doctored engineering report to reject much of their claim for flood damage from Hurricane Sandy, making it the third insurer to face such...
Legal Battle Over MetLife Systemic Risk Label Looms
Dec 5 2014 // U.S. regulators are close to a final decision to label MetLife Inc. systemically important, two people with knowledge of the matter said, setting up a potential legal battle with the country’s largest life...
Winter Storm ‘Bomb’ Watch Begins From New York to Europe
Dec 5 2014 // As fall gives way to winter, meteorologists from the U.S. East Coast to the shores of Western Europe will be watching for signs that the next storm heading their way will turn into a bomb. That’s right — a...
Loeb’s Third Point Re Pushes into U.S. With Hires after Stock Fall
Dec 5 2014 // Third Point Reinsurance Ltd., the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, is expanding in the U.S. after underwriting losses fueled a stock slump. The reinsurer hired Tom Wafer and Jonathan Norton,...
Hartford Unit Faces Racketeering Suit on Sandy Claims
Dec 4 2014 // A couple claiming damage from Hurricane Sandy filed court papers accusing a Hartford Financial Services Group Inc. unit, an engineering firm and a law firm for the insurer of engaging in racketeering by scheming to use...
U.S. Prods Banks to Buy Cyber Insurance, Insurers to Develop Products
Dec 4 2014 // Banks should consider cyber risk insurance to help deal with the financial fall-out from the growing threat of cyber attacks, a top U.S. regulator said on Wednesday. Bankers and officials have become more vocal lately...
Update: Hartford Unit Accused of Using Fudged Hurricane Sandy Report
Dec 3 2014 // A Hartford Financial Services Group Inc. unit was accused by a lawyer representing Hurricane Sandy victims of using a falsified damage report to dodge paying homeowner claims, the second insurer blamed in the last month...
XL’s New Standalone Terrorism Policy Addresses TRIPRA Gaps
Dec 3 2014 // XL Group’s U.S. Crisis Management business has introduced a new standalone terrorism insurance policy intended to help U.S. businesses address potential gaps in coverage provided by the Terrorism Risk Insurance...
Moody’s to P/C Insurers: Beware Weather, Competition in Months Ahead
Dec 3 2014 // U.S. property/casualty insurers can celebrate higher overall earnings and premium levels in the 2014 third quarter versus the same period a year ago, Moody’s Investors Service said in a new report. At the same time,...
Banks Get OK for Suit Against Target to Recoup Data Breach Costs
Dec 3 2014 // A federal judge on Tuesday rejected Target Corp.’s bid to dismiss a lawsuit by banks seeking to recoup money they spent reimbursing fraudulent charges and issuing new credit and debit cards because of the...
Iran Hackers Targeted Airlines, Energy Firms Across Globe: Cylance Report
Dec 3 2014 // Iranian hackers have infiltrated some of the world’s top energy, transport and infrastructure companies over the past two years in a campaign that could allow them to eventually cause physical damage, according to...
CoreLogic: Taking Big Data Analytics to New Customers and Consumers
Dec 2 2014 // Imagine an insured taking a photo of a property that gives underwriters every bit of information they need to assess the risk. CoreLogic is working to make that happen sooner rather than later. CoreLogic, a provider of...
U.S. Supreme Court Rejects Sept. 11 Environmental Appeal
Dec 2 2014 // The U.S. Supreme Court on Monday declined to revive a New York real estate developer’s lawsuit against the leaseholder of the destroyed World Trade Center and two airlines seeking environmental cleanup costs related...
Sony Pictures Grapples with Huge Cyber Attack
Dec 2 2014 // Eight days after a massive cyber attack on Sony Pictures Entertainment, the Hollywood studio was still struggling to restore some systems on Tuesday evening as investigators combed for evidence to identify the...
AIG Bailout Judge Not Intimidated by Government, Wall Street Names
Dec 1 2014 // Hank Greenberg’s legal assault on the U.S. government and the terms imposed in its 2008 bailout of American International Group Inc. brought a parade of financial crisis superstars to a Washington courthouse,...
