Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Nissan Expands Global Recall by 260,000 Vehicles
Oct 23 2014 // Nissan Motor Co. expanded a global recall of cars using Takata Corp.-made air bags, which have been linked to four deaths in Honda Motor Co. cars. Nissan will call back 260,000 vehicles worldwide, including 104,905 units...
Some Insurers Exclude Ebola; Others Offer New Products
Oct 23 2014 // As fear of Ebola infections spreads to developed economies, U.S. and British insurance companies have begun writing Ebola exclusions into standard policies to cover hospitals, event organizers and other businesses...
Climate Change Report Slams Insurers for ‘Profound Lack of Preparedness’
Oct 22 2014 // A report on the insurance industry released Wednesday shows “a profound lack of preparedness in addressing climate-related risks and opportunities.” Insurance industry representatives immediately criticized the...
New York Says It’s Ready for Ebola, but Many Health Workers Aren’t So Sure
Oct 22 2014 // Millicent Gist, a receptionist at Montefiore Medical Center in the Bronx, was surprised to hear her facility was an officially designated hospital for people suspected of having Ebola in New York City. That’s...
Update on Ebola in U.S.: New CDC Protocols, Rapid Response Team, Czar
Oct 21 2014 // The United States issued stringent new protocols on Monday for health workers treating Ebola victims, directing medical teams to wear protective gear that leaves no skin or hair exposed to prevent medical workers from...
Jury Finds Guardrail Maker Trinity Cheated Government; Liability Could Top $1 Billion
Oct 21 2014 // Trinity Industries Inc. faces a potential liability of $1 billion after a jury found the company defrauded the U.S. by deliberately withholding information about cost-saving changes to its highway guardrail system that...
Air Bag Recalls Renew Doubts About Carmakers’ Responses to Defects
Oct 21 2014 // A deepening crisis involving deadly air bags is shaking confidence in the ability of automakers including Toyota Motor Corp. and Honda Motor Co. to ensure the safety of millions of U.S. drivers. Toyota is advising U.S....
P/C Insurers’ Reserves Redundancy to Continue: Moody’s
Oct 20 2014 // U.S. property/casualty insurers’ reserves will remain moderately redundant through the end of the year, Moody’s Investors Service has reported. “We expect moderately redundant reserves based on ongoing...
‘More Stringent’ Ebola Safety Guidelines In the Works; Travel Ban Debated
Oct 20 2014 // The safety protocol used by healthcare workers to treat Ebola patients in Dallas wasn’t adequate because it didn’t require that all skin be covered, said Anthony Fauci, director of the U.S. National Institute...
High-Tide Floods to Triple for Some Coastal Cities
Oct 20 2014 // Flooding during high tides, which used to be rare, is now common in some places and could worsen to the point that sections of coastal cities may flood so often they would become unusable in the near future, according to a...
Encroaching Tides: How Sea Level Rise and Tidal Flooding Threaten U.S. East and Gulf Coast Communities over the Next 30 Years
Oct 20 2014 // The “Encroaching Tides: How Sea Level Rise and Tidal Flooding Threaten U.S. East and Gulf Coast Communities over the Next 30 Years,” can be found at www.ucsusa.org. The study contains profiles on how tidal...
P/C Insurers’ Net Income Rose in First-Half of 2014
Oct 20 2014 // U.S. property/casualty insurers’ net income rose $1.6 billion to $26.0 billion in first-half of 2014 while pretax operating income fell $1.9 billion to $23.9 billion in first-half 2014, a decrease driven by lower...
AIG Ex-CEO Liddy Defends Closeness with Government During Bailout
Oct 19 2014 // Former American International Group Inc. Chief Executive Officer Edward Liddy defended his decision to work closely with the government at the time of the company’s 2008 bailout, saying he hoped to win concessions on...
Detroit Settles with Bond Insurer; Chance of Debt Plan Success Boosted
Oct 17 2014 // Detroit settled with one of its last major creditors, bond insurer Financial Guaranty Insurance Co., bringing the city closer to ending the biggest-ever U.S. municipal bankruptcy. The remaining holdout creditors, led by...
Global Indemnity to Acquire American Reliable from Assurant Specialty
Oct 17 2014 // Assurant Specialty Property, a business segment of Assurant Inc., has agreed to sell its general agency business and associated insurance carrier, American Reliable Insurance Co., to Global Indemnity Group Inc., the U.S....
AIG Ex-CEO Liddy Testifies on Role in Bailout
Oct 17 2014 // Former American International Group Inc. Chief Executive Officer Edward Liddy testified he chose not to buck government overseers who selected him to run the bailed- out insurer. Developing trust with regulators was for...
Computer Model Predicts 2 Dozen Ebola Cases in U.S. This Month
Oct 16 2014 // There could be as many as two dozen people in the U.S. infected with Ebola by the end of the month, according to researchers tracking the virus with a computer model. The actual number will probably be far smaller and...
Hurricane Gonzalo Bears Down on Bermuda
Oct 16 2014 // The last major hurricane to strike land anywhere in the Atlantic basin was Sandy in 2012. That may change tomorrow as Hurricane Gonzalo bears down on Bermuda. Gonzalo again became a Category 4 storm today, the first since...
AIG Bailout Trial Probes Role of Ex-CEO Liddy
Oct 16 2014 // Former American International Group Inc. Chief Executive Officer Edward Liddy will face a key question on the witness stand in a trial over claims shareholders were cheated of at least $25 billion in the insurer’s...
Obamacare Mitigates Costs for Big Employers, Refuting Lobbyists’ Predictions
Oct 16 2014 // Business groups said soon after Obamacare became law in 2010 that the sweeping healthcare overhaul would impose huge new costs on U.S. employers, leading to job losses. Three years later, with the Patient Protection and...
