Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Asta and JPO Consulting Launch ARTes, an MGA Specializing in U.S. Inland Marine
Feb 17 2022 // Asta, the third-party managing agent at Lloyd’s, and JPO Consulting, announced the launch of ARTes Specialty Ltd., an independent UK-based managing general agent (MGA), wholly owned by its founders and...
People Moves: Zurich Adds Martino; Lattner Joins Claro Group
Feb 16 2022 // Zurich Names Martino Regional Vice President For Midwest Region of U.S. Middle Market Unit Zurich North America has named Trey Martino as regional Vice President for the Midwest region of its U.S. middle market unit. He...
Rating Upgrades Increase for U.S. P/C Insurers in 2021
Feb 16 2022 // Ratings for the U.S. property/casualty industry returned to pre-pandemic levels with some companies strengthening balance sheets and improving operating results, said financial strength rating agency AM Best. In 2021 the...
Argo Group Completes Sale of Brazilian Business to Spice Private Equity
Feb 16 2022 // Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance products, announced the completion of the sale of Argo Seguros Brasil S.A. to Spice Private Equity Ltd. “The closing of...
CDC Proposes Changes in Guidance to Doctors on Opioid Prescriptions
Feb 16 2022 // The nation’s top public health agency has proposed changing — and in some instances, softening — guidelines for U.S. doctors prescribing oxycodone and other opioid painkillers. The Centers for Disease Control and...
More Than a Conversation: Building Diversity Means Taking Action
Feb 16 2022 // Powered by InsuranceJournal.tv The cybersecurity and insurance industries have been talking about prioritizing diversity, equity and inclusion for a while, but Larry Whiteside, co-founder and president of Cyversity, says...
Tripwire for Real War? Cyber’s ‘Fuzzy’ Rules of Engagement
Feb 16 2022 // President Joe Biden couldn’t have been more blunt about the risks of cyberattacks spinning out of control. “If we end up in a war, a real shooting war with a major power, it’s going to be as a consequence...
Fatal Fires in St. Louis Expose Vacant Home Risks
Feb 16 2022 // Thick smoke billowed from the vacant, crumbling St. Louis house, but Benjamin Polson knew homeless people might be inside taking refuge from the January chill. So the 33-year-old firefighter went in. It cost him his...
Jury Rejects Palin’s Libel Claim Against New York Times
Feb 15 2022 // A U.S. federal jury on Tuesday ruled against Sarah Palin in her lawsuit accusing the New York Times of defaming her in a 2017 editorial that incorrectly linked her to a mass shooting, after the presiding judge said he...
Gunmaker Remington to Pay $73M to Settle Liability Claims With Sandy Hook Families
Feb 15 2022 // Remington Arms will pay $73 million to the families of five adults and four children killed in the Sandy Hook Elementary School massacre, the families said on Tuesday, the first time a gunmaker has been held responsible...
Ohio Electric System Settles Lawsuits Seeking Corporate Reform
Feb 15 2022 // Akron, Ohio-based First Energy announced it has settled a series of shareholder lawsuits seeking corporate reforms in the wake of a bribery and corruption scandal. FirstEnergy in a statement said provisions of the...
Investment Gains Float Weight of $5.6B Underwriting Loss for U.S. P/C Insurers in Nine Months 2021
Feb 15 2022 // An increase in capital gains on investments is largely credited with lifting the after-tax net income of private U.S. property/casualty insurers to $42.1 billion over nine months in 2021 compared to $35.2 billion during...
Insurance Broker Hengguang Among Chinese Firms Filing Small New York IPOs
Feb 15 2022 // At least six Chinese companies have lodged documents for New York listings in recent weeks, filings showed, promising an end to a months-long freeze after an unprecedented clampdown last year by Chinese...
Judge Throws Out Palin Defamation Suit But Still Wants Jury to Issue Verdict
Feb 14 2022 // A U.S. judge said on Monday he will throw out Sarah Palin’s defamation lawsuit against the New York Times, after concluding that an editorial in the newspaper did not maliciously link the former Alaska governor and...
Judge Sets March Hearing on Boy Scouts Bankruptcy After Claimant Group Signs On
Feb 14 2022 // The judge presiding over the Boy Scouts of America bankruptcy has delayed the start of a trial to determine whether the BSA’s reorganization plan should be confirmed after an agreement with the official committee...
Judge Blocks Biden Order on Calculating Climate Risks in Government Decisions
Feb 14 2022 // A federal judge on Friday blocked for now the Biden administration from restoring Obama-era values for calculating the cost of climate change in the government’s permitting, investment and regulatory decisions. The...
7 More Charged in Louisiana Staged Automobile Collision Scheme
Feb 14 2022 // Seven more people have been charged in New Orleans for their participation in a scheme to stage collisions with commercial trucks, bringing the total number of defendants charged in the federal probe up to 47. United...
Hertz Customers Who Claim They Were Falsely Arrested Score Win in Court
Feb 14 2022 // Hertz Corp., battling hundreds of customers who say they were falsely arrested for auto theft after renting cars, was ordered by a federal judge to disclose how many renters it accuses every year. U.S. Bankruptcy Judge...
Jury Deliberates Over Palin Defamation Claim Against New York Times
Feb 14 2022 // Jurors began considering whether to hold the New York Times liable for defaming Sarah Palin, after her lawyer on Friday accused the newspaper of falsely associating her in a 2017 editorial with a mass murder, a link that a...
Gangs Now Arbitrate Payment Disputes as Ransomware Growth Continues
Feb 14 2022 // Cyber criminal gangs are getting increasingly adept at hacking and becoming more professional, even setting up an arbitration system to resolve payment disputes among themselves, according to a new report by the United...
