Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Top 10 U.S. Insurers in Tornado-Stricken States: SNL Financial
May 23 2013 // The Moore, Oklahoma tornado, which killed 24 people, was the deadliest to touch down during a nearly weeklong outbreak across the U.S. Midwest. The states hardest hit have been Kansas, Missouri, Texas and Oklahoma,...
Lloyd’s Report Highlights Solar Storm Threat as Emerging Risk
May 23 2013 // “A large solar storm could leave tens of millions of people in North America without electrical power for several months, if not years, potentially costing trillions of dollars,” according to Lloyd’s...
Property Market Stayed Stable in Q1; Sandy Effect on Rates Muted: Marsh
May 22 2013 // The property insurance market remained relatively stable and competitive in the first quarter of 2013, with few changes to limits purchased and deductibles, according to a benchmarking report from broker Marsh. Superstorm...
Prosecutors Weigh Using Racketeering Law Against SAC
May 22 2013 // U.S. prosecutors are considering charging Steven A. Cohen’s SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the...
U.S. Spending on Specialty Medications Will Rise 67%: Report
May 22 2013 // Spending in the U.S. on specialty drugs used to treat serious diseases is projected to increase 67 percent by the end of 2015, according to a forecast by pharmacy benefit management firm Express Scripts. Specialty...
Employer Contraception Mandate Headed to Court for Ban Ruling
May 22 2013 // The U.S. law requiring employers to provide health insurance coverage for birth control is set to come before an appeals court in cases brought by two businesses whose owners say they operate according to Catholic...
‘Major Disaster’ Declared in Wake of Deadly Oklahoma Tornadoes
May 21 2013 // An estimated EF4 tornado with a wind range of up to 200 mph roared through the Oklahoma City suburb of Moore, Okla., on May 20, leaving behind massive devastation and at least 24 confirmed dead. Earlier media reports...
Wage and Hour Claims Among Top Threats to U.S. Employers
May 21 2013 // Federal wage and hour lawsuits have reached a surprise record high, according to a report by law firm Seyfarth Shaw LLP. Cases filed under the Fair Labor Standards Act (FLSA) in have continued to skyrocket in 2013, despite...
Texas Joins Flood of States Suing BP over 2010 Gulf Spill
May 21 2013 // Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. The complaint, filed Friday in U.S. District Court...
NYC Tops List of Cities With Most Questionable Claims: NICB
May 20 2013 // New York City tops the list of U.S. cities with the highest number of questionable insurance claims, according to the latest analysis by the National Insurance Crime Bureau (NICB). The NICB’s annual look at...
Supreme Court to Hear Mutual Fund Whistleblower Case
May 20 2013 // In a case involving whistleblowers at Fidelity Investments, the U.S. Supreme Court on Monday agreed to consider whether mutual fund employees are subject to the same whistleblower protections as workers at publicly traded...
House Pushes for More Economic Analysis of Securities Rules
May 20 2013 // A divided U.S. House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street. The bill, which...
Court Nixes Mississippi Property Owners’ Greenhouse Gases Damages Suit
May 20 2013 // A federal appeals panel has upheld the dismissal of a lawsuit filed by a group of Mississippi Gulf Coast residents and landowners who alleged that emissions by energy companies contributed to global warming, which...
Cyber Attacks On Banks More Serious Than Public Realizes
May 20 2013 // The series of cyber attacks that repeatedly knocked major U.S. banking websites offline in the past nine months has been more powerful than the general public realizes, government officials and security experts told the...
Criminal Investigation Launched into Texas Fertilizer Explosion
May 20 2013 // Texas law enforcement officials said on May 10 that they are beginning a criminal investigation into the fertilizer plant fire and explosion that occurred on April 17 in West, Texas. Texas Department of Public Safety (DPS)...
People – Southeast
May 20 2013 // American International Group Inc. (AIG) named Jeremy Johnson as president and chief executive officer of its excess and surplus lines unit, Lexington Insurance Co. in Boston. Johnson replaces David Bresnahan, who left with...
Opioid Epidemic Plagues Workers’ Comp
May 17 2013 // Prev Next Drug Overdose Death Rates Drug overdose death rates in the U.S. more than tripled since 1990. In 2008, more than 36,000 people died from drug overdoses, and most of the deaths were caused by prescription drugs....
Developing Countries May Not Be Ready for Coming Increased Investment: World Bank
May 17 2013 // The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into financial markets, the World Bank...
U.S. Judge in Oregon Dismisses Movie Pirating Lawsuit
May 16 2013 // A federal judge has dismissed a movie company’s Internet piracy complaint against 34 Oregonians, saying the company was unfairly using the court’s subpoena power in a “reverse class-action suit” to...
Will Supreme Court Enter Climate Change Debate?
May 16 2013 // With a barrage of legal briefs, a coalition of business groups and Republican-leaning states are taking their fight against Obama administration climate change regulations to the U.S. Supreme Court. The U.S. Chamber of...
