Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
MetLife to Sue to Overturn Systemically Risky Designation
Jan 13 2015 // MetLife Inc. said it will sue in federal court as part of Chief Executive Officer Steve Kandarian’s effort to overturn a finding that the insurer is systemically important. A complaint will be filed today in...
Lowest Insured Losses since 2009: Impact Forecasting Climate and Cat Report
Jan 13 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its Annual Global Climate and Catastrophe Report, which evaluates the impact of the natural disaster events that occurred worldwide...
Allianz Hires Zurich’s Schiavone to Build U.S. Financial Lines
Jan 13 2015 // Allianz SE hired Zurich Insurance Group AG’s Paul Schiavone to oversee financial products in the U.S. and Canada as Europe’s largest insurer builds its commercial business in North America. Schiavone, 46, was...
Explosion, Fire Cause Extensive Damage at Husky Energy’s Ohio Refinery
Jan 12 2015 // A fire that started after an explosion on Jan. 10 at Husky Energy Inc.’s 155,000-barrel-per-day (bpd) crude oil refinery in Lima, Ohio, has caused extensive damage to a unit at the plant, a fire official said. No...
Washington Seeks Two-Tier System for Driver’s License, IDs
Jan 12 2015 // Washington state officials are seeking to redesign the state’s driver’s licenses and ID cards in order to comply with tougher federal requirements for proof of U.S. residency for government-sanctioned...
Auto Crash Fatalities, Injuries in Decline Nationally
Jan 12 2015 // A report released in December 2014 by federal transportation officials shows that motor vehicle crash fatalities decreased in the United States in 2013 compared with the previous year. The report issued by the U.S....
Auto Crash Fatalities, Injuries in Decline Nationally
Jan 12 2015 // A report released in December 2014 by federal transportation officials shows that motor vehicle crash fatalities decreased in the United States in 2013 compared with the previous year. The report issued by the U.S....
ACE to Buy Fireman’s Fund Personal Lines; Famous Brand Fading Away
Jan 12 2015 // On Dec. 18, Allianz Group announced that it would sell the U.S. personal lines business of its Fireman’s Fund unit to ACE for $365 million by means of renewal rights arrangement. The merger of the personal lines...
Natural Disasters in 2014
Jan 12 2015 // All in all, 2014 was not as bad as it could have been for natural disasters in the United States. Last year closed with fewer tornadoes, a mild hurricane season, lower acreage lost to wildfires, and an overall decline in...
Business Moves
Jan 12 2015 // Brown & Brown, Global Benefit Strategies Florida-based national insurance broker Brown & Brown Inc. announced that its New Jersey-based subsidiary Brown & Brown Metro Inc. has acquired certain assets of...
Top 10 Casualty Insurance Trends for 2015
Jan 12 2015 // While casualty insurance rates are stable and new capacity continues to enter the market, certain classes of business continue to be difficult to place, according to Marsh’s U.S. Casualty Practice. Following are 10...
FHA Lowering Premiums Puts Pressure on Private Mortgage Insurers
Jan 11 2015 // Private mortgage insurers in the United States may have to cut premiums to better compete with the Federal Housing Administration, which plans to reduce premiums in the government’s latest attempt to encourage...
BP, Anadarko Lose Appeal Over Gulf Oil Spill Fines
Jan 11 2015 // BP Plc and Anadarko Petroleum Corp. narrowly failed to persuade a U.S appeals court to reconsider its 2014 ruling that they could face civil fines under federal pollution laws over the 2010 Gulf of Mexico oil spill. By a...
N.J. Insurance Adjuster Receives 32-Month Prison Term for Defrauding NJTA
Jan 9 2015 // The owner of a New Jersey-based insurance adjusting company was sentenced on Thursday to 32 months in prison for his role in a scheme to defraud the N.J. Turnpike Authority (NJTA) and various insurance companies of at...
Google Poised to Enter U.S. Auto Insurance Market: Report
Jan 9 2015 // Giant search engine Google, which already offers auto insurance online in the United Kingdom, could soon be selling auto insurance online in the U.S. Google Compare Auto Insurance Services Inc., its online auto insurance...
U.K. Power Grid Under Cyber-Attack Every Minute; Government Hikes Defenses
Jan 9 2015 // The U.K. government is one step ahead of hackers trying to turn off the country’s lights — for now. The prospect of cyber-attacks on the nation’s power network is major threat to the country’s...
Coal-Related Deaths in 2014 Lowest Ever in U.S.
Jan 8 2015 // The nation’s coal mines set a record for the lowest number of on-the-job fatalities last year, with 16. The U.S. Department of Labor’s Mine Safety and Health Administration reported there were two fewer deaths...
Year-End M&A Spurt Could Be Harbinger of More 2015 Deals: Fitch
Jan 8 2015 // Six merger and acquisition announcements in the North American property/casualty insurance and reinsurance sectors in late 2014—and another global deal on the table—may herald a raft of deals in 2015, Fitch Ratings...
Environmental Groups Sue EPA to Force Fracking Chemicals Disclosure
Jan 8 2015 // A coalition of advocacy groups sued the U.S. Environmental Protection Agency for public access to information on toxic chemicals released by the energy industry through hydraulic fracturing, or fracking, and other forms of...
Lexington’s Brauner Joins Aspen U.S. as Senior VP for Excess Auto Liability
Jan 7 2015 // Martin Brauner has joined Aspen U.S. Insurance as senior vice president and product line leader for Excess Auto Liability. Reporting to Roxanne Mitchell, executive vice president and chief casualty officer, Brauner will...
