Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Farm Bill Costs Soar Despite Great Harvest
Nov 20 2014 // U.S. farmers are about to reap a bumper harvest not just in corn and soybeans but also in new subsidies that could soar to $10 billion, blowing a hole in the government’s promise that its new five-year farm bill...
3 U.S. Wholesalers Launch $25M D&O Program at Lloyd’s for North America
Nov 20 2014 // Three of the largest U.S. wholesale firms — CRC, AmWINS Brokerage, and Swett & Crawford — have launched a $25 million public directors and officers insurance program at Lloyd’s of London called the CAS...
U.S. Safety Regulator Wants Nationwide Recall of Air Bags
Nov 19 2014 // The U.S. auto safety regulator has told Japanese supplier Takata Corp. and five automakers to expand nationwide a regional recall of potentially lethal air bags, increasing pressure on the industry to move faster in a...
U.S. Employment Discrimination Settlements, Cases Down from Last Year
Nov 19 2014 // The U.S. Equal Employment Opportunity Commission (EEOC) says it “fought hard to overcome extraordinary fiscal constraints and operational challenges” during the 2014 fiscal year because of sequestration and the...
Maryland Firm to Pay $415K to Settle EEOC Discrimination Suit
Nov 18 2014 // A Maryland-based environmental remediation services contractor will pay $415,000 and provide comprehensive equitable relief to resolve a U.S. Equal Employment Opportunity Commission (EEOC) race, gender discrimination and...
Safety Board Upholds FAA Regulation of Drones
Nov 18 2014 // The U.S. government’s ability to regulate drones was upheld today by a federal safety board, which overturned a judge’s decision that aviation regulations don’t apply to small unmanned aircraft. The...
Massey Ex-CEO Blankenship Faces Criminal Charges Over 2010 Mine Explosion
Nov 18 2014 // The former Massey Energy chief, scorned by regulators and a U.S. senator, may face three decades in prison if convicted of charges stemming from a West Virginia mine explosion that killed 29 workers, the worst U.S. coal...
MetLife’s Gay Rights Support Draws Criticism of Malaysia Partner
Nov 17 2014 // MetLife Inc.’s support for gay rights in the U.S. is drawing criticism to the insurer’s partner in Malaysia. A group in the nation called for a boycott of AMMB Holdings Bhd.’s AmBank, citing...
Swiss Re Americas CEO: Underserved Markets Ripe for Insurance Innovation
Nov 17 2014 // Underserved populations and market niches are ripe with potential for insurance innovators who are willing to take on the challenge of creating opportunities in areas that may seem unprofitable at first glance, says the...
10 Things to Know About Contractors & Builders
Nov 17 2014 // Some 991,000 total housing starts are forecast for 2014. That’s up 6.6 percent from 930,000 units last year. – National Association of Home Builders Single-family housing production is expected to rise 26 percent...
Insuring Infrastructure Projects in Latin America
Nov 17 2014 // With its aging infrastructure, growing population and successful bids for mega-sports events like the 2016 Summer Olympics in Brazil, Latin America is offering the construction industry billions of dollars of opportunities...
Doan Tapped as VP in U.S. Risk Dallas Office
Nov 14 2014 // Managing general agency and surplus lines wholesaler, U.S. Risk Insurance Group Inc., has named Keith Doan a vice president in the Dallas office of U.S. Risk Brokers Inc. Keith Doan Doan has more than 24 years of...
N.Y. Court: Author Michael Lewis Did Not Libel Money Manager in ‘The Big Short’
Nov 14 2014 // The author Michael Lewis did not libel a money manager in his 2010 best-seller “The Big Short,” a divided federal appeals court ruled on Friday. By a 2-1 vote, the 2nd U.S. Circuit Court of Appeals in New York...
AIG, Not Taxpayers, Could Pay If Greenberg Wins $25 Billion Bailout Suit
Nov 14 2014 // The U.S. government has grounds to demand that American International Group Inc. pay any significant damages should Maurice “Hank” Greenberg win his $25 billion claim that federal officials shortchanged...
Pet Insurance Outpaces Accident-Health in Sales Growth
Nov 13 2014 // Maria Makara didn’t hesitate to insure her two new dogs. That’s because they’re family. Her previous pet, a Yorkshire terrier, died in 2013 after contracting pancreatitis and Cushing’s disease....
Crop Of Climate Corps May Bloom in Ag Insurance Landscape
Nov 13 2014 // You can still shake your climate moneymaker. Climate change certainly didn’t carry the day in the November elections. It shouldn’t be news to anyone that the topic ushered in few if any victories for those who...
North Atlantic Hurricanes Can Have Big Impact in the Midwest
Nov 13 2014 // Located hundreds of miles inland from the nearest ocean, the Midwest is unaffected by North Atlantic hurricanes. Or is it? With the Nov. 30 end of the 2014 hurricane season just weeks away, a University of Iowa researcher...
Mississippi Police Wrongful Firing Case Revived by U.S. High Court
Nov 13 2014 // The U.S. Supreme Court has reinstated a wrongful termination lawsuit filed by two Shelby, Mississippi, police officers who said they were fired for refusing to ignore an alderman’s criminal activity. The ruling...
Monsanto Settles Farmer Suits Over Oregon Experimental GMO Wheat
Nov 13 2014 // Monsanto Co. said on Wednesday it reached a settlement with U.S. wheat farmers who sued the seed company over market disruption after unapproved genetically engineered wheat was discovered growing without oversight in...
Court to Hear Claim EnPro’s Garlock Hid Asbestos Evidence
Nov 13 2014 // Whether Garlock Sealing Technologies LLC, plaintiffs’ lawyers, or both are responsible for suppressing evidence related to asbestos claims against an EnPro Industries Inc. unit is a question to be decided Dec. 4 at a...
