Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Analysts Say U.S. Labor Shortage Could Last a While
Oct 26 2021 // Labor shortages may be the most intractable of the cost risks that U.S. companies faced in the latest quarter, and as the earnings season moves into its peak there are signs the problem will persist, some strategists...
Hundreds of U.S. Networks Targeted by Russian Cyber Attack, Microsoft Says
Oct 25 2021 // The Russian-based agency behind last year’s massive SolarWinds cyberattack has targeted hundreds more companies and organizations in its latest wave of attacks on U.S.-based computer systems, Microsoft said in a blog...
Climate Change Makes Drought Recovery Tougher in Western U.S.
Oct 22 2021 // Californians rejoiced this week when big drops of water started falling from the sky for the first time in any measurable way since the spring, an annual soaking that heralds the start of the rainy season following some of...
Top Regulators’ Roadmap Addresses Climate Change as Threat to U.S. Financial Stability
Oct 22 2021 // Climate change is an “emerging threat” to U.S. financial stability that regulators should address in their everyday work, a top U.S. regulatory panel said on Thursday, a first for the United States which has...
U.S. Urges Global Intellectual Property Waiver for COVID-19 Vaccines
Oct 22 2021 // The White House on Thursday called on all World Trade Organization members to support an intellectual property waiver for COVID-19 vaccines. “We … need every WTO member to step up as well and support an...
Castel Targets U.S. Professional Liability Business With Launch of Underwriting Cell
Oct 21 2021 // Castel Underwriting Agencies Ltd. has launched a new underwriting cell, North American Professional Liability (NAPL), to focus on professional service firms’ business in the U.S. The cell is writing both primary and...
Munich Re Doubles Q3 Profit Despite Big Storm Losses in Europe, U.S.
Oct 20 2021 // German reinsurer Munich Re doubled its profit in the third quarter, despite big losses from storms in Europe and the United States, it said on Tuesday, but left its forecasts for the year unchanged. Profit rose to around...
U.S. Auto Safety Agency Faces Backlog of Rules and Missed Deadlines
Oct 19 2021 // After their 16-year-old daughter died in a car crash, David and Wendy Mills wondered whether she would be alive if federal rules on rear seat belt warnings had been issued on time. Four years later, with no rule and...
U.S. Insurers’ Face ‘Minimal Exposure’ in China’s Evergrande Property Crisis
Oct 18 2021 // The U.S. insurance industry faces only minimal exposure to land development companies in China as one of that country’s largest property developers, Evergrande, appears on the brink of collapse. According to analysts...
U.S. Property Insurers Could be Facing $12.5B in Hidden Cyber Losses
Oct 18 2021 // The U.S. property insurance market is accumulating cyber exposures that could result in $12.5 billion in non-physical damage losses and cause capital adequacy ratios for some carriers to deteriorate. A study conducted by...
Mosaic Insurance Opens First U.S.-Based Office Location in New York City
Oct 15 2021 // Mosaic Insurance has opened an office in New York City. This is its first U.S.-based physical address for a growing number of employees. The Midtown South office, which will accommodate members of Mosaic’s cyber and...
Tornadoes Rip Oklahoma; Storms Rock Central U.S.
Oct 12 2021 // Severe storms brought suspected tornadoes and baseball-sized hail to parts of Oklahoma, but there were no reports Monday of deaths or injuries. The severe weather system that hit Oklahoma late Sunday also brought heavy...
U.S. Property Insurers Could be Facing $12.5B in Hidden Cyber Losses
Oct 12 2021 // The U.S. property insurance market is accumulating cyber exposures that could result in $12.5 billion in non-physical damage losses and cause capital adequacy ratios for some carriers to deteriorate. A study conducted by...
U.S. Has Had 18 Weather Events Each With $1 Billion Losses Thus Far in 2021
Oct 12 2021 // Through the end of September, there have been 18 weather and climate disaster events with losses exceeding $1 billion each across the U.S. during 2021. These events include one drought/heat wave event, two flooding events,...
U.S. Endures 18 Major Weather and Climate Disasters in 2021
Oct 11 2021 // The U.S. has endured 18 major weather and climate disasters so far this year that killed a combined 538 people and inflicted more than $100 billion in damage, according to the National Oceanic and Atmospheric...
U.S. Supreme Court Allows Lawsuit Against Troopers to Proceed
Oct 8 2021 // The U.S. Supreme Court declined to hear an appeal by two state police officers accused of failing to protect a woman from a man who went on a deadly rampage, allowing a civil lawsuit to proceed. Troopers were accused of...
Report: A Fifth of U.S. Insurance Company Board Members Have Worked in Fossil Fuel Industry
Oct 7 2021 // A report out Thursday from a climate change advocacy group alleges that more than one-fifth of U.S. insurance company board members have worked for the fossil fuel industry, and that two-thirds of all U.S. insurance...
U.S. to Require Cyber Disclosure, Security Plans From ‘High Risk’ Air, Rail Companies
Oct 7 2021 // The Transportation Security Administration will introduce regulations that compel the most important U.S. railroad and airport operators to improve their cybersecurity procedures, Homeland Security Secretary Alejandro...
July’s European Floods Generated Largest Non-U.S. Insurance Industry Loss in 2021
Oct 7 2021 // The extreme flooding event in Western Europe in mid-July generated the largest insurance industry loss figure so far this year – at current estimates of US$11.0 billion, according to CRESTA, the insurance industry...
U.S. Approves Fire Retardant That Could Be ‘Game-Changer’ in Fighting Wildfires
Oct 7 2021 // U.S. officials on this week approved a long-lasting fire retardant that could significantly aid in fighting increasingly destructive wildfires by stopping them before they ever start. The U.S. Forest Service approved...
