Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Zurich and Farmers Agree to Buy MetLife’s U.S. P/C Business for $3.94 Billion
Dec 11 2020 // Zurich Insurance and Farmers Exchanges have agreed to buy MetLife’s U.S. property and casualty business for $3.94 billion, the insurers said on Friday, after the COVID-19 pandemic made motor and home insurers more...
U.S. Drug Advisory Panel Meets Today on Pfizer’s COVID Vaccine
Dec 10 2020 // A panel of outside advisers to the U.S. Food and Drug Administration is meeting on Thursday to weigh whether to recommend that the agency authorize Pfizer’s coronavirus vaccine for emergency use, one of the last...
LSU’s Immunity Claim in Frat Pledge’s Death Denied Review by U.S. Supreme Court
Dec 9 2020 // The U.S. Supreme Court has turned away an appeal from Louisiana State University, which spent years arguing that it should be immune from a lawsuit filed by the parents of a fraternity pledge from Georgia who died of acute...
New Sirius U.S. Excess & Surplus Unit Begins Writing Environmental Business
Dec 9 2020 // Sirius International Insurance Group Ltd. announced its new U.S.-based excess & surplus lines (E&S) platform, called Sirius Specialty Insurance Co. (SSIC), will begin underwriting business produced by the...
2020 Western U.S. Wildfire Season Gave Us Gigafire, Several Massive Blazes
Dec 8 2020 // Want more proof that 2020 will go down as a year we should all try hard to forget about? With some 9 million acres burned in wildfires across Western U.S. this year, and the introduction of a new and terrifying term...
U.S. Commercial Insurance Rates Rise Again in Q3 But Show Signs of Stabilizing
Dec 8 2020 // For the second quarter in a row, U.S. commercial lines insurers enjoyed average rate hikes that neared 10 percent but the rocket ship rate hike trend might be moderating “While commercial insurance prices continued...
China Signals It Remains Committed to Phase 1 Trade Deal With U.S.
Dec 8 2020 // Chinese Foreign Minister Wang Yi assured U.S. executives during a videoconference on Sunday that Beijing remained committed to the Phase 1 trade deal with the United States, the head of the US-China Business Council...
EU Privacy Agency Does Not Expect New EU-US Data Privacy Accord Any Time Soon
Dec 7 2020 // Companies hoping the EU and the new U.S. administration will soon strike a new transatlantic data transfer pact to replace one struck down by a court will probably have to wait months for any result, the head of the EU...
Texas Couple Sentenced to Prison in $15M Employee Benefit Plan Embezzlement Scheme
Dec 4 2020 // A Red Oak, Texas, couple have been sentenced to a combined 18-plus years in federal prison for their roles in a $15 million retirement plan embezzlement scheme, according to U.S. Attorney for the Northern District of Texas...
Justice Department Charges Facebook With Hiring Bias Against U.S. Workers
Dec 4 2020 // The U.S. Justice Department accused Facebook Inc. on Thursday of discriminating against U.S. workers, saying in a new lawsuit the social media giant has given hiring preferences to temporary workers, including those who...
Women’s Team Settles With U.S. Soccer Federation Over Work Conditions
Dec 4 2020 // U.S. women’s national team players and the U.S. Soccer Federation have settled their long-running lawsuit over inequitable working conditions with the men’s team while leaving their dispute over unequal pay for...
Environmentalists Say U.S. Insurers Lag Behind Peers on Fossil Fuels
Dec 3 2020 // U.S. insurance companies lag behind their global peers by enabling the fossil fuel industry, according to a report from an environmentalist group out this week. The Insure Our Future campaign released its fourth annual...
California Dive Boat Captain Indicted in Fire That Killed 34
Dec 3 2020 // The captain of a scuba diving boat that caught fire and sank off the coast of California last year, killing 34 people who were trapped below deck, was indicted Tuesday on federal manslaughter charges for one of the...
Automakers Unveil Steps for U.S. to Speed Up Self-Driving Vehicle Deployment
Dec 3 2020 // A group representing major automakers is unveiling a detailed proposal Wednesday aimed at making it easier to deploy thousands of self-driving vehicles in the coming years, according to a document seen by Reuters. The...
U.S. Employers Have Right to Mandate COVID-19 Vaccine. But Will They?
Dec 3 2020 // Private U.S. companies have the right under the law to require employees to get vaccinated against COVID-19, but are unlikely to do so because of the risks of legal and cultural backlash, experts said. Companies are still...
China Renews OK of Oceanwide’s Stalled $2.7 Billion Purchase of Genworth
Dec 2 2020 // U.S.-based Genworth Financial Inc. reported that Chinese officials have renewed their approval of China Oceanwide Holdings Group’s acquisition of Genworth’s Delaware-domiciled insurer, allowing the deal to...
Gale-Force Winds, Rain and Snow Lash Much of Northeastern U.S.
Dec 2 2020 // Gale-force winds lashed much of the northeastern U.S. on Monday, prompting tornado watches and flash-flood warnings. “Hold on to your hats!” the National Weather Service in Boston tweeted as gusts exceeding 50...
Trumps Want Court to Approve Arbitration for Marketing Fraud Lawsuit
Dec 2 2020 // A lawyer for Donald Trump on Tuesday urged a federal appeals court to halt a lawsuit accusing the U.S. president of exploiting his family name to promote a marketing scam targeting poor and working-class people. The...
Supreme Court Justices Tackle Company Liability for Human Rights Abuses
Dec 2 2020 // U.S. Supreme Court justices on Tuesday appeared wary of barring lawsuits against American companies over alleged human rights abuses abroad but signaled they could toss out a case accusing Cargill Inc. and a Nestle SA...
Nasdaq to Require Increased Board Diversity Disclosure by Listed Companies
Dec 1 2020 // Exchange operator Nasdaq has proposed new rules for listed companies around board diversity and disclosure. According to a filing with the Securities and Exchange Commission (SEC), the new listing rules, approved by Nasdaq...
