Latest USA Headlines

All the headlines from our USA Topic Page, ordered by recency.

U.S. Fines Boeing $6.6 Million Over Safety Pact Noncompliance, Enforcement Cases

Feb 26 2021 // Boeing Co. agreed Thursday to pay $6.6 million in penalties to the Federal Aviation Administration (FAA) after U.S. regulators said it failed to comply with a 2015 safety agreement and cited other safety concerns. The...

U.S. to Urge Barriers, Elevation to Fight New Jersey Back Bay Flooding

Feb 26 2021 // The federal government will recommend flood control measures including storm surge barriers, floodwalls and elevating homes and other buildings in a report later this year on combating back bay flooding, a major problem in...

Massive SolarWinds Hack Prompts Calls for U.S. Law Requiring Cyber Breach Reporting

Feb 24 2021 // A bipartisan group of senators on Tuesday recommended that the U.S. consider requiring companies to disclose when they have been hacked. At the first public hearing before Congress since a massive cyber-attack by suspected...

Munich Re Stops Insuring Nord Stream 2 Pipeline on Fears of U.S. Sanctions

Feb 23 2021 // A subsidiary of Germany’s Munich Re will no longer insure the Nord Stream 2 pipeline from Russia to Europe amid the fear of sanctions by the U.S. government. The U.S. has been threatening sanctions against European...

U.S. Fraud Crackdown Eroding Private Equity’s Liability Shield

Feb 23 2021 // Insiders said one company pushed unnecessary pain medication to the U.S. military; another promoted an unproven treatment for children with cancer; and a third used unlicensed counselors to treat poor people with mental...

Swiss Re Reports Larger-Than-Expected Annual Loss of US$878 Million

Feb 19 2021 // Swiss Re swung to a larger-than-expected annual loss on Friday, pressured by $3.9 billion in claims and reserves related to the coronavirus pandemic, but declared a dividend as the reinsurer expects a return to profit in...

U.S. Financial Services Leaders Support Principles for Low-Carbon Transition

Feb 18 2021 // U.S. financial services leaders have stated their support in principle for a U.S. transition to a low-carbon economy. The support comes following the release of the Principles for a U.S. Transition to a Sustainable...

U.S. Charges 3 North Koreans in $1.3B Hacking of Banks, Sony, Others

Feb 18 2021 // The United States has charged three North Korean computer programmers with a massive hacking spree aimed at stealing more than $1.3 billion in money and cryptocurrency, affecting companies from banks to Hollywood movie...

AXA XL Names O’Malley as U.S. Country Manager

Feb 16 2021 // AXA XL has appointed Matthew V. O’Malley as U.S. Country manager. In October 2020, AXA XL launched a new operating model which included a new zone structure in the U.S. In the new structure, O’Malley was...

Lloyd’s Construction Specialists Say They Are Ready For U.S. Infrastructure Boom

Feb 16 2021 // Construction insurance specialists at Lloyd’s of London are hoping to see more U.S. business from increased government investment in infrastructure projects in 2021. That will be welcome after a period of dealing...

COVID-19 Infections in U.S. Nearly 3X Greater Than Reported, University Model Estimates

Feb 12 2021 // World health experts have long suspected that the incidence of COVID-19 has been higher than reported. Now, a machine-learning algorithm developed at University of Texas Southwestern Medical Center estimates that the...

Aon’s Norris Jumps to Marsh to Lead U.S. Healthcare Practice

Feb 3 2021 // Gisele Norris has joined global insurance broker Marsh to lead its U.S. Healthcare Practice. In this role, Norris is responsible for the delivery of health care risk management knowledge, expertise, and transactional...

U.S. Issues Mask Mandate on Public Transportation

Feb 1 2021 // The U.S. Centers for Disease Control and Prevention (CDC) issued a sweeping order late Friday requiring the use of face masks on nearly all forms of public transportation Monday as the country continues to report thousands...

Volkswagen Wants U.S. Supreme Court to Nix ‘Staggering’ Diesel Claims by Counties

Jan 27 2021 // Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total billions...

U.S. Charges 2 Oil Workers With Allowing Gulf of Mexico Oil Spills

Jan 21 2021 // Two Fieldwood Energy LLC oil workers face federal criminal charges for allegedly separately allowing crude oil spills from offshore U.S. Gulf of Mexico platforms to avoid required shut downs. The two were indicted Tuesday...

Trump Order Allows Government to Block Use of U.S. Cloud Services in Foreign Countries

Jan 21 2021 // On his last full day in office, President Donald Trump signed an executive order the White House said was aimed at preventing foreign malicious cyber-actors from using U.S. online infrastructure to carry out their...

AXA XL Names Musser Central US Zonal Marine Product Leader

Jan 14 2021 // Brett Musser has joined AXA XL as the Central US Zonal Marine product leader. Based in Chicago, Musser will also serve as marine liabilities product manager, focused on developing tailored insurance solutions for...

U.S. Automated Vehicles Testing Program Expands to 52 Participants

Jan 13 2021 // The federal government’s program working with states and developers of automated vehicles has grown from a pilot operation to one with 52 participants. Participants in the National Highway Traffic Safety...

U.S. Warns of Sanctions on European Firms and Insurers Over Russia’s Nord Stream

Jan 13 2021 // The U.S. State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration...

Zurich Insurance Emphasizes Compliance Standards as U.S. Eyes Nord Stream Sanctions

Jan 13 2021 // Zurich Insurance Group emphasized its compliance standards on Wednesday while declining to comment specifically on the Russia-led Nord Stream 2 gas pipeline project. The U.S. State Department has warned European companies...