Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Insured Disaster Losses Higher in Oklahoma Than in Any Other State in 2013
May 12 2014 // May 20, 2014, marks the one-year anniversary of the deadly tornado outbreak in Moore, Oklahoma, which contributed to the state’s designation as the site of the costliest U.S. natural disasters in 2013, according to...
Mitchell Joins Casualty Team at Aspen US
May 12 2014 // Aspen US Insurance has appointed Roxanne Mitchell as executive vice president and chief casualty officer. She will report to Bob Rheel, executive vice president and head of U.S. Property Casualty. Mitchell has a 35-year...
Foreign Insurers’ Role in U.S. Tax Evasion Under Scrutiny
May 12 2014 // A Swiss asset management firm, Swisspartners Group, agreed to pay $4.4 million to the United States to settle a probe into whether it helped U.S. taxpayers evade their federal income taxes, the U.S. Department of Justice...
Republicans Fear U.S. ‘Surrender’ to International Group on Systemic Risk Designations
May 12 2014 // A group of Republican lawmakers demanded documents on Friday from U.S. regulators, voicing concerns that decisions about whether to designate large financial companies as systemically risky are unduly influenced by an...
Report: Ohio Has Most Metal Thefts in U.S.
May 9 2014 // Ohio continues to lead the nation in metal thefts, with 1,446 insurance claims made last year, according to a new report. A National Insurance Crime Bureau report said the state reported more than 4,000 claims from 2011...
U.S. Rejects Call to Remove Recalled GM Cars from Road
May 8 2014 // The U.S. Department of Transportation has rebuffed a call by two Democratic senators to advise owners of 2.6 million recalled General Motors cars to stop driving them until they are repaired. In letters sent on Tuesday to...
Aon Benfield’s Impact Forecasting Highlights U.S. Losses in April Cat Report
May 8 2014 // Aon Benfield’s Impact Forecasting’s latest edition of its monthly Global Catastrophe Recap report, Highlights the “multi-day outbreak of severe weather and flash flooding in the U.S.”, which, the...
April’s Storms in U.S. Take Toll on Economy, Insurance
May 8 2014 // April’s outbreak of severe weather and flash flooding in the U.S. will likely be the first billion-dollar economic loss event of 2014 attributed to convective thunderstorms, according to a report by Aon...
Court Exempts Airlines from Developer’s Sept. 11 Environmental Claim
May 7 2014 // American Airlines, United Airlines and the World Trade Center leaseholder do not have to pay a property developer environmental cleanup costs from the Sept. 11, 2001 hijacked plane attacks, a U.S. appeals court ruled on...
U.S. Report: Climate Change Here, Deal With It
May 6 2014 // Climate change is in the here and now, according to a massive report issued on Tuesday. The White House’s National Climate Assessment report is part of President Barack Obama’s effort to prepare the nation for...
Windsor Joins Aspen US Energy and Construction Team
May 6 2014 // Gary Windsor has joined Aspen US Insurance as senior vice president of Energy and Construction. Reporting to Tony Carroll, executive vice president, Marine, Energy, and Construction, Windsor will be based in Miami and be...
Jury Affirms Samsung Must Pay Apple $119M in Damages for Patent Infringement
May 6 2014 // A U.S. jury on Monday left the total damages Samsung Electronics Co. Ltd. must pay Apple Inc. unchanged at $119.6 million, after additional deliberations in a trial where the South Korean smartphone maker was found to have...
Iowa Commissioner Gerhart: Something for Everybody at the Global Insurance Symposium
May 5 2014 // The state of Iowa on May 20-22 will host its first-ever Global Insurance Symposium, a privately funded event that aims to bring insurance professionals and regulators from around the world together to discuss the...
10 Things to Know About Recreation and Leisure
May 5 2014 // In 2013, the NFL agreed to settle a concussion lawsuit filed by former players for $914 million. Concussion rates were higher among high school athletes than college athletes in certain sports, including football,...
10 Challenges Ahead for Workers’ Compensation
May 5 2014 // Today’s challenges are also tomorrow’s opportunities depending on the viewpoint. Those same opportunities could also remain tomorrow’s challenges. This special report highlights 10 current workers’...
AIG, Prudential Financial on Federal Reserve’s List of 15 Firms for Extra Supervision
May 4 2014 // The Federal Reserve released a list of 15 firms that merit an extra layer of supervision because they pose heightened systemic risks, including JPMorgan Chase & Co. and Bank of America Corp. The tally published on the...
Coal Companies Challenge Black Lung Mining Regulation
May 4 2014 // More than a dozen coal companies, including a unit of Patriot Coal Corp., challenged a new federal mine-safety regulation aimed at reducing black lung disease, with some arguing the objectives are unattainable. The...
XL Group to Sell Life Re Sub for $570 Million; Best Sees No Rating Change
May 2 2014 // XL Group plc announced that XL Insurance (Bermuda) Ltd has entered into a definitive agreement to sell its wholly-owned subsidiary, XL Life Reinsurance (SAC) Ltd (XLLR), to GreyCastle Holdings Ltd. for $570 million in...
U.S. Investigating How 55 Colleges Handle Sexual Assault Charges
May 2 2014 // The U.S. Education Department is investigating 55 colleges for failing to prevent and respond to sexual assaults and harassment on campus. The colleges are being probed for violations of Title IX, the law that bars gender...
CSX Oil Tank Cars Derail, Catch Fire in Lynchburg, Virginia
May 1 2014 // A CSX Corp. crude train derailed in Lynchburg, Virginia, Wednesday, sparking a fire in at least three tank cars, spilling oil into a river and forcing a partial evacuation of the city’s downtown. No injuries were...
