Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Google Begins Complying with EU ‘Right to Be Forgotten’ Ruling
Jun 26 2014 // Google has begun removing some search results to comply with a European Union ruling upholding citizens’ right to have objectionable personal information about them hidden in search engines. The so-called...
New York AG Sues Barclays Over Alleged ‘Dark Pool’ Fraud
Jun 26 2014 // The New York State’s attorney general has filed a securities fraud lawsuit against Barclays, accusing the British bank of giving an unfair edge in the United States to high-frequency trading clients even as it...
U.S. Insurance Regulators May Refuse to Apply Global Capital Rules: NAIC President-Elect Lindeen
Jun 25 2014 // The United States may refuse to apply new global capital rules in the world’s biggest insurance market because of the “breakneck speed” they are being pushed through, American regulators said on...
Average Lightning Claim Hits $5,869
Jun 25 2014 // Georgia tops a shocking list: most likely place to have property damaged by lightning. Georgia residents were reimbursed for $56 million of lightning-related damage in homes last year tied to more than 11,000 claims,...
U.S. Ambassador Presses China Over Cyber Theft, Investment Treaty
Jun 25 2014 // Cyber theft of trade secrets by China is a threat to U.S. national security, U.S. Ambassador to China Max Baucus said on Wednesday in the first major public address of his tenure, warning that Washington would continue to...
FAA Drone Regulations Bar Hobbyists Near Airports, Crowds
Jun 24 2014 // To corral a surge in incidents of reckless, recreational drone use, the U.S. government barred flights of small unmanned aircraft near airports and crowds. People who want to fly drones as hobbyists should take lessons on...
Judge: Flawed Science Led to Murder-by-Arson Conviction in Pennsylvania Case
Jun 24 2014 // The arsonist who killed Ji Yun Lee was especially cruel and calculating, dousing her small cabin in Pennsylvania’s Pocono Mountains with more than 60 gallons (230 liters) of gasoline and heating fuel and setting at...
Validus to Buy Western World Insurance for $690M
Jun 23 2014 // Validus Holdings said it has agreed to acquire specialty insurer Western World Insurance Group for $690 million in a deal that leaves the management team and brand of the specialty insurer intact. Under the deal terms,...
Texas Man Sentenced, Another Pleads Guilty in Machinery Theft Scheme
Jun 20 2014 // United States Attorney Stephanie A. Finley in Louisiana announced that one Texas man has been sentenced and another has pleaded guilty in a scheme to steal tractors and other large equipment and sell the items in...
AIA Endorses (TiSA) Agreement Negotiations; Supports Energy Coverage Inclusion
Jun 20 2014 // The American Insurance Association (AIA) has endorsed the negotiations underway in Geneva for the adoption of the Trade in Services Agreement (TiSA) initiative, as the PCI recently did. In a letter to Ambassador Michael...
ANV Opens Cyber/Media MGU for U.S. Small Business with James River
Jun 20 2014 // ANV Holdings BV, a Dutch specialty insurance business, has opened a U.S. managing general underwriter focused on communications and data security risks for “Main Street” U.S. businesses. Leib Dodell, a veteran...
Pennsylvania Sues Oil Companies for MTBE Pollution
Jun 19 2014 // Pennsylvania accused oil companies of polluting the state’s groundwater with a gasoline additive, joining states including New York, Vermont and New Hampshire that have brought similar lawsuits. Two complaints filed...
Supreme Court Refines Software Patent Eligibility in Alice Case
Jun 19 2014 // The U.S. Supreme Court on Thursday ruled that implementing an abstract idea using a computer does not make an invention patent eligible. On a 9-0 vote, the court ruled for CLS Bank International, which challenged patents...
Senate Committee to Take Up Cyber Liability Bill Next Week
Jun 19 2014 // The U.S. Senate Intelligence Committee is expected to consider a bill next week aimed at encouraging companies to exchange information on hacking attempts and cybersecurity threats with the government, senators said this...
PCI Encouraged by Progress in ‘Trade in Services’ Agreement
Jun 19 2014 // David Snyder, the Property Casualty Insurers Association of America’s (PCI) vice president, international policy, has issued the following statement on the progress in the Trade in Services Agreement (TiSA) and...
Climate Change Bottom-Line Talk Grows, S&P Director Says
Jun 18 2014 // Companies and governments worldwide are changing their behaviors and examining their risks in the face of climate change, a managing director for Standard & Poor’s said as he held up the insurance industry as a...
EEOC Sues N.Y. Health Firm for Religious Discrimination
Jun 18 2014 // A Syosset, N.Y.-based health network violated federal law when it forced employees to take part in religious activities in the workplace and fired employees who opposed such activities, the U.S. Equal Employment...
ANV Launches U.S. Managing General Underwriter for D&O
Jun 18 2014 // ANV Holdings BV, the specialty insurance business, headquartered in the Netherlands, announced the opening of its first U.S. Market Managing General Underwriter (MGU), to be led by Peter McKeegan. ANV said the “team...
ImageCat Teams with CoreLogic for Data Analysis to Reduce Underinsurance
Jun 17 2014 // US and London-based risk management company ImageCat has flowed up its successful launch of “inhance” with a new partnership with the global property information, analytics and data services provider CoreLogic,...
New Technologies Promise Less Risky Nuclear Fuel
Jun 16 2014 // The explosions that damaged a crippled Japanese nuclear plant during a disaster that forced mass evacuations in 2011 show what can happen when nuclear fuel overheats. In response to the Fukushima Dai-ichi accident, the...
