Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
People Moves: AXIS Appoints Galanski Head of N.A. P/C Programs; Ningen Named Swiss Re CEO of U.S. P/C
Feb 22 2023 // AXIS Appoints Galanski as Head of North America Property & Casualty Programs Gabriel Galanski has joined AXIS Capital Holdings Limited as head of North American property and casualty programs. Galanski will manage,...
People Moves: Swiss Re Promotes Ningen to CEO, US P&C Re; MS Reinsurance Hires 4 for Data, Underwriting; Aon Promotes Day, Dickson in Political Violence & Terrorism Team
Feb 22 2023 // This edition of International People Moves details appointments at Swiss Re, MS Reinsurance, and Aon. A summary of these new hires follows here. Swiss Re Promotes Ningen to CEO, US P&C Re Monica Ningen Monica Ningen...
Buttigieg Urges U.S. Railroads to Boost Safety, Not Oppose Reforms
Feb 21 2023 // U.S. Transportation Secretary Pete Buttigieg said Sunday he would call on major railroads to improve safety after a Feb. 3 derailment in East Palestine, Ohio, of a train operated by Norfolk Southern. Buttigieg in a letter...
Allianz Returns to Q4 Net Profit After U.S. Funds Debacle
Feb 17 2023 // Germany’s Allianz on Friday swung to a fourth-quarter net profit, rebounding after taking big charges a year earlier for a U.S. funds scandal and as a higher investment margin boosted its life and health insurance...
Litigation Funders Deployed $3.2B in U.S. Investments Last Year
Feb 16 2023 // Companies that finance U.S. commercial lawsuits in exchange for a cut of any recoveries upped their investments last year, committing $3.2 billion, according to a new report. That represents a 16% increase in capital...
People Moves: Venbrook in California Names Meyer Head of U.S. Programs Division
Feb 16 2023 // Venbrook Group, LLC, headquartered in Los Angeles, California, named Bryan Meyer executive vice president, programs, for Venbrook Specialty Services, LLC, a wholly owned subsidiary. Meyer will manage general underwriters...
Reuters: After Multi-Billion U.S. Fund Collapse, Allianz Shifts Investment Strategy
Feb 14 2023 // For years, Allianz, one of the world’s biggest investors, piled billions into property, wind farms and even London’s sewage system, but now it is moving to shun such “alternative” investments for...
US, UK Sanction Russians Tied to TrickBot Hacking Gang
Feb 13 2023 // The US and UK have imposed sanctions on seven alleged members of a Russia-based cybercrime gang, the first such joint action from the two countries. The sanctions target accused members of TrickBot ransomware group, which...
As ChatGPT’s Popularity Explodes, U.S. Lawmakers Take an Interest
Feb 13 2023 // ChatGPT, a fast-growing artificial intelligence program, has drawn praise for its ability to write answers quickly to a wide range of queries, and attracted U.S. lawmakers’ attention with questions about its impact...
Ransomware Outbreak Hits US and European Universities, Florida Supreme Court
Feb 7 2023 // A global ransomware outbreak has scrambled servers belonging to Florida’s Supreme Court and several universities in the United States and Central Europe, according to a Reuters analysis of ransom notes posted online...
U.S. Firms in Taiwan Making Business Continuity Plans Amid Tensions With China
Feb 7 2023 // Almost half of companies surveyed by the American Chamber of Commerce (AmCham) in Taiwan are revising or plan to revise their business continuity plans amid tensions with China, while a growing number reported being...
U.S. Military Members Suing 3M Seek Dismissal of Subsidiary’s Bankruptcy
Feb 6 2023 // Current and former U.S. military members suing 3M over allegedly defective military earplugs have asked a U.S. judge to dismiss 3M subsidiary Aearo Technologies‘ bankruptcy, accusing the company of using bankruptcy...
$930M to Curb Western U.S. Wildfires Crisis
Feb 6 2023 // The U.S. is directing $930 million toward reducing wildfire dangers in 10 western states by clearing trees and underbrush from national forests, the Biden administration announced in late January, as officials struggle to...
Hackers of ION Trading Also Hit UK Postal Service, Canada Hospital, U.S. Local Agencies
Feb 3 2023 // The hacking group behind a cyberattack against the software firm ION Trading UK has recently conducted a series of breaches throughout the world, with its victims including the UK’s postal service and local...
U.S. CFTC Traders Report Delayed by Ransomware Attack on Data Firm ION
Feb 3 2023 // The U.S. Commodity Futures Trading Commission said on Thursday that as a result of the ransomware attack on ION Trading UK the CFTC’s weekly Commitments of Traders report will be delayed until all trades can be...
U.S. Justice Department Seeks Tesla Driver-Assist Documents
Feb 2 2023 // Tesla Inc. disclosed on Tuesday the U.S. Justice Department has sought documents related to its Full Self-Driving (FSD) and Autopilot driver-assistance systems as regulatory scrutiny intensifies. The automaker said in a...
Marsh McLennan Names Tomlinson CEO for U.S. and Canada
Feb 1 2023 // Marsh McLennan said it has named Pat Tomlinson CEO of U.S. and Canada. He, along with Flavio Piccolomini, who was appointed International CEO, will report to Mercer President and CEO Martine Ferland and Marsh President and...
Attacks on U.S. Power Grids Rose to All-Time High in 2022
Feb 1 2023 // Attacks on US power grids rose to an all-time high last year, further straining the sprawling and aging network. The number of direct physical attacks, including acts of vandalism and other suspicious activity, that...
People Moves: Batt Is Trium Cyber Head of Product; Tyng New Lead of HDI U.S. Captive Solutions; SiriusPoint Names Sigle Head of Claims; HUB Hires Chief HRO
Feb 1 2023 // Lloyd’s Trium Cyber Appoints Batt as Head of Product Trium Cyber, the first entity approved by Lloyd’s to launch a monoline cyber syndicate, has appointed Jeffrey Batt as head of product. As head of product,...
U.S. Court Rejects J&J Bankruptcy Strategy for Thousands of Talc Lawsuits
Jan 31 2023 // A U.S. appeals court on Monday shot down Johnson & Johnson’s attempt to offload tens of thousands of lawsuits over its talc products into bankruptcy court. The ruling marked the first major repudiation of an...
