Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
People Moves: Liberty Mutual New Global Property Product Lead; Canopius Head of U.S. Actuarial; Dresner Takes Everspan CEO Role
Nov 29 2022 // Liberty Mutual Appoints Maria Grace to New Role of Global Product Leader, Property Liberty Mutual Insurance has appointed Maria Grace as global product leader, property, effective January 3, 2023. Grace will be responsible...
400 Groups Urge U.S. Lawmakers to Take ‘Immediate Steps’ to Block Potential Rail Strike
Nov 28 2022 // More than 400 groups on Monday called on Congress to intervene in an ongoing railroad labor standoff that threatens to idle shipments of food and fuel and strand rail travelers while inflicting billions of dollars of...
Q3 Combined Ratio for U.S. P/C Industry Highest in 5 Years
Nov 23 2022 // The U.S. property/casualty industry posted a combined ratio of about 106.6 in the third quarter – the highest in five years, according to an analysis by S&P Global Market Intelligence. “In addition to the...
First U.S. Coral Insurance Marks the Rise of the Reef Brigades
Nov 22 2022 // Conservation group The Nature Conservancy’s vision for the future of coral protection involves speed boats, and a global army of snorkellers and divers deployed when tropical storms and hurricanes damage reefs. On...
U.S. Supreme Court Rebuffs Dispute Over Nursing Home COVID Suits
Nov 22 2022 // The U.S. Supreme Court on Monday declined to hear California nursing home operator Glenhaven Healthcare’s bid to avoid a lawsuit filed in state court over the COVID-19 death of a resident, turning away the...
U.S. Proposes Rules to Advance Flying Taxi Operations
Nov 21 2022 // The U.S. Federal Aviation Administration (FAA) on Monday proposed new rules that would help pave the way for commercial air taxi operations by around the middle of the decade. Electric vertical takeoff and landing aircraft...
Lloyd’s of London Estimates Claims From Hurricane Ian of US$2.3B-US$3B
Nov 21 2022 // Lloyd’s announced that the market’s claims from Hurricane Ian are estimated to be in the range of US$2.3 billion – US$3 billion, net of reinsurance, based on Q3 data provided by Lloyd’s...
Lawsuit Accuses Largest U.S. Meat Producers of Wage Fixing
Nov 18 2022 // Three meat plant workers have filed a federal lawsuit accusing 11 of the United States’ largest beef and pork producers of conspiring to depress wages and benefits. The lawsuit, filed in federal court in Denver on...
U.S. Opens Civil Probe of Worcester Police Over Excess Force, Racial and Gender Bias
Nov 18 2022 // Federal prosecutors on Tuesday announced an investigation into whether the police department in Massachusetts’ second-largest city routinely uses excessive force or discriminates against residents based on race or...
ID.me’s Claim on Scope of Unemployment Fraud Baseless, U.S. Congress Says
Nov 18 2022 // Government contractor ID.me, which checks the identity of benefits applicants, had no basis for its claim that almost half of unemployment aid during the pandemic was lost to fraud, U.S. congressional investigators said on...
Report: 90% of U.S. Counties Hit With Disaster in Last Decade
Nov 17 2022 // Ninety percent of the counties in the United States suffered a weather disaster between 2011 and 2021, according to a report published Wednesday. Some endured as many as 12 federally-declared disasters over those 11 years....
UK Insurtech, Send Technology, Raises £9 Million to Expand in UK and U.S.
Nov 16 2022 // Send Technology Solutions Ltd., the London-based insurtech, announced it has closed a Series A funding investment of £9 million ($10.7 million). The round was led by Venture Capital firm Breega with participation from...
U.S. Charges Suspect Linked to Notorious Ransomware Gang
Nov 16 2022 // A man who authorities say participated in a ransomware campaign that extracted tens of millions of dollars from victims has been charged in the United States, the Justice Department announced Thursday. Mikhail Vasiliev, a...
Five Iran-Connected Oil Tankers Lose Their Flags Following U.S. Sanctions
Nov 15 2022 // The international ship registries of Djibouti and the Cook Islands suspended the flags on five oil tankers, following sanctions by the United States this month for having facilitated oil trade for Hezbollah and...
Elizabeth Holmes Should Get 15 Years’ Prison for Fraud, US Says
Nov 14 2022 // Former Theranos Inc. Chief Executive Officer Elizabeth Holmes should spend 15 years in prison for committing one of the most serious white-collar crimes in Silicon Valley history, prosecutors told the judge who will...
Alcohol Death Toll is Growing, U.S. Government Reports Say
Nov 9 2022 // The rate of deaths that can be directly attributed to alcohol rose nearly 30% in the U.S. during the first year of the COVID-19 pandemic, according to new government data. The Centers for Disease Control and Prevention had...
Tesla Recalls 40,000 U.S. Vehicles Over Potential Loss of Power Steering Assist
Nov 8 2022 // Tesla Inc. is recalling just over 40,000 2017-2021 Model S and Model X vehicles that may experience a loss of power steering assist when driving on rough roads or after hitting a pothole. The Texas-based electric vehicle...
Reuters: Crypto Exchange Binance Helped Iran Firms Trade $8B Despite U.S. Sanctions
Nov 8 2022 // Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data show. Almost all the funds,...
Richard Branson Must Face Lawsuit in U.S. Over Virgin Galactic Space Travel Problems
Nov 8 2022 // A U.S. judge on Monday said British billionaire entrepreneur Richard Branson must face shareholder claims he concealed problems in Virgin Galactic Holdings Inc’s spaceship program, and sold hundreds of millions of...
U.S. Supreme Court Considers Making Challenges to FTC, SEC Easier
Nov 7 2022 // The U.S. Supreme Court is set on Monday to hear arguments in two cases that could make it easier to challenge the regulatory power of federal agencies in disputes involving the Federal Trade Commission and the Securities...
