Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Fiona, Now a Hurricane, Hammers Puerto Rico and DR, But Will Miss U.S.
Sep 19 2022 // Hurricane Katrina will miss Florida and the East Coast, but has left catastrophic flooding and widespread power outages in Puerto Rico and battered the Dominican Republic with 90 mph winds, according to news reports. The...
Teva Pharm Expects to Start Paying U.S. Opioid Settlement in 2023: CEO
Sep 19 2022 // Teva Pharmaceutical Industries expects to finalize an opioid settlement in the United States by year-end and start paying in 2023, its chief executive said on Sunday, while confirming he was unlikely to renew his contract...
U.S. P/C Records $6.3 Billion First-Half Underwriting Loss: AM Best
Sep 19 2022 // Growth in net premiums and a decline in policyholder dividends were eclipsed by losses and expenses to result in a $6.3 billion net underwriting loss for the U.S. property/casualty industry at the half-way mark of...
Record-High Direct Premiums Written for the U.S. Surplus Lines Segment in 2021
Sep 19 2022 // Total U.S. surplus lines direct premiums written (DPW) reached a record $82.6 billion in 2021, with momentum continuing through mid-year 2022, according to a new AM Best report. In the first six months of 2022, premiums...
3 Iranian Citizens Charged in Broad Hacking Campaign in US
Sep 16 2022 // The Justice Department said Wednesday that three Iranian citizens have been charged in the United States with ransomware attacks that targeted power companies, local governments and small businesses and nonprofits,...
U.S. DOL Expands OSHA’s Severe Violator Enforcement Program
Sep 16 2022 // OSHA’s Severe Violator Enforcement Program targets employers who repeatedly disregard workers’ safety and health. In order to strengthen enforcement and improve compliance with workplace safety standards and...
US Aims to Reverse Some Trump Offshore Safety Rule Rollbacks
Sep 15 2022 // The U.S. Department of the Interior said Monday that it wants to reverse some Trump administration rollbacks of offshore safety rules to prevent blowouts like the BP catastrophe that killed 11 people and fouled the Gulf of...
Abortion and Insurance in a Post-Roe U.S.
Sep 14 2022 // This post is part of a series sponsored by AgentSync. The U.S. Supreme Court’s ruling June 24, 2022, in the case of Dobbs vs. Jackson, overturned five decades of abortion legal precedent established by the same court...
U.S. Seeks to Restore Safety Rules Sparked by Gulf Oil Spill
Sep 13 2022 // The Biden administration on Monday proposed offshore drilling safety measures that it said would help prevent oil spills and protect workers and the environment. The proposal aims to restore safety provisions put in place...
Climate Change Is Overwhelming U.S. Flood Maps, FEMA Head Says
Sep 13 2022 // Flood maps used by the Federal Emergency Management Agency are out of date and understate the risks to homes and businesses from flooding and extreme rain triggered by climate change, FEMA Director Deanne Criswell...
Price Increases Continue at 6% for U.S. Commercial Insurance in Q2: WTW
Sep 12 2022 // U.S. commercial insurance prices increased again during the second quarter 2022, according to WTW’s latest Commercial Lines Insurance Pricing Survey (CLIPS). The aggregate commercial price change reported by carriers...
Outlook Negative: AM Best Revises U.S. Personal Lines as Auto Results Weaken
Sep 9 2022 // AM Best said it held the belief that the U.S. personal auto line would right the ship following weakening performance in 2021, but headwinds such as inflation remain too strong and the rating agency revised its outlook for...
Record-High Direct Premiums Written for the U.S. Surplus Lines Segment in 2021
Sep 7 2022 // Total U.S. surplus lines direct premiums written (DPW) reached a record $82.6 billion in 2021, with momentum continuing through mid-year 2022, according to a new AM Best report. In the first six months of 2022, premiums...
U.S. P/C Records $6.3 Billion First-Half Underwriting Loss: AM Best
Sep 6 2022 // Growth in net premiums and a decline in policyholder dividends were eclipsed by losses and expenses to result in a $6.3 billion net underwriting loss for the U.S. property/casualty industry at the half-way mark of...
Hot Spots for Hot Cars: Colorado Leads U.S. in Vehicle Theft Rate, California in Overall Thefts
Sep 6 2022 // Texas, California, Florida, Illinois, and Colorado are all places where your car is most likely to be gone in 60 seconds. Vehicle thefts have skyrocketed in many areas of the U.S., according to the recently released...
Record-Breaking Pace for U.S. Product Recalls, Says Sedgwick
Sep 5 2022 // The number of U.S. products recalled this year has already surpassed 1 billion, according to the U.S. product recall index released by Sedgwick’s brand protection division. Only two other years on record have seen...
It’s Over: Lasting Underwriting Profits in U.S. D&O Market Unlikely, Fitch Says
Sep 2 2022 // Three years of soaring directors and officers liability insurance prices pushed combined ratios down to the mid-to-high 90s, but new entrants and potential claims volatility may spell trouble for underwriters in the years...
US Asks Farmers: Can You Plant 2 Crops Instead of 1?
Sep 2 2022 // There is only so much farmland in the United States, so when Russia’s invasion of Ukraine last spring prompted worries that people would go hungry as wheat remained stuck in blockaded ports, there was little U.S....
Mapping US Coastlines May ‘Drive More Equality’ in Climate Adaptation Policy
Sep 1 2022 // A Canadian technology company is using aerial imagery to build high-precision maps of US shorelines that will be used to help coastal communities adapt to climate change. By cataloguing which neighborhoods have more...
More Frequent, More Expensive Cyberattacks Spur US Spending on IT
Sep 1 2022 // A new study from insurer Hiscox shows that cyberattacks on U.S. businesses are more frequent and more expensive than ever before. The annual Hiscox Cyber Readiness Report, which gauges businesses’ preparedness to...
