Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Louisiana Court Schedules Trial on First Coronavirus Business Interruption Lawsuit
Nov 12 2020 // A trial will begin Monday in what is thought to be the first lawsuit to be filed against an insurer for denying coverage for business-interruption losses caused by COVID-19 shutdown orders. Judge Paulette R. Irons ruled...
Aon Invests $30 Million to Create 10,000 Apprenticeships Nationwide by 2030
Nov 12 2020 // Global insurance broker Aon said it is expanding its corporate apprenticeship program with an investment of $30 million over the next five years. With this expansion, Aon hopes to develop a nationwide network of employers...
Meat Company Suing New Mexico to Remain Open After Virus Cases
Nov 12 2020 // A U.S. meat company that supplies Walmart and Costco is suing New Mexico to fight a state order that seeks to close a production facility where more than 100 workers have tested positive for COVID-19. The lawsuit from...
U.S. Sanctions to Target Insurers In Fight Against Russia-to-Germany Nord Stream 2
Nov 12 2020 // The U.S. is drawing up additional sanctions on the Nord Stream 2 natural gas pipeline project, the latest obstacle in the path of the 9.5 billion-euro ($11.2 billion) Russia-to-Germany link that’s been halted almost...
How Lloyd’s Underwriters Are Viewing Today’s U.S. Property Insurance Environment
Nov 12 2020 // While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd’s market who were in the process of increasing property insurance rates when the pandemic hit, the timing may...
Grand Jury Indicts New Orleans Attorney in Staged Accident Probe
Nov 10 2020 // A New Orleans personal injury attorney has been indicted in connection with a widespread probe in to a series of staged accidents in Louisiana between personal and commercial vehicles. United States Attorney Peter G....
Johnson Controls, Manpower to Pay $40K in Oklahoma Harassment/Retaliation Suit
Nov 10 2020 // Johnson Controls Inc. (JCI) and ManpowerGroup US Inc. (Manpower) have agreed to settle a federal lawsuit charging the companies with sexual harassment and retaliation against a worker at a JCI plant in Norman,...
Two Conservative Supreme Court Justices Appear to Side with Obamacare Supporters
Nov 10 2020 // U.S. Supreme Court justices on Tuesday signaled they are unlikely to strike down the Obamacare healthcare law in a legal challenge brought by Texas and 17 other Republican-governed states and joined by President Donald...
Task Force Nabs California Man for Insurance Fraud, Reporting False Vehicle Theft
Nov 10 2020 // Juan Camilo Vargas, 62, of Escondido, Calif., was arrested on multiple felony counts of insurance fraud and reporting a false vehicle theft after allegedly misrepresenting when and where his vehicle was stolen from in...
Tropical Storm Eta’s Rains Threaten Floods for South Florida, Cuba, Bahamas
Nov 10 2020 // Nov 10, 2020, 4:33 AM— After coming ashore in the Florida Keys overnight, Tropical Storm Eta is now hovering just north of the Yucatan Channel and is set to re-strengthen as it meanders over the south-eastern Gulf of...
Supreme Court Again Weighs Fate of Affordable Care Act
Nov 10 2020 // The conservative-majority U.S. Supreme Court on Tuesday dives back into politically perilous waters as it hears arguments over a Republican challenge backed by President Donald Trump’s administration aiming to...
Reduced Driving Turns Into Fewer Injuries and Workers’ Compensation Claims
Nov 10 2020 // The COVID-19 pandemic comes with one bright spot for workers’ compensation insurers: Fewer workers are being injured in motor vehicle accidents. A research brief issued by the National Council on Compensation...
Q&A: Where Drugmakers Are in the Race for COVID-19 Vaccine
Nov 9 2020 // Drugmakers and research centers around the world are working on COVID-19 vaccines, with large global trials of several of the candidates involving tens of thousands of participants well underway. The following is what we...
Apple Faces Shareholder Class-Action Suit over CEO’s China Sales Comments
Nov 6 2020 // Apple Inc has been ordered to face a proposed class-action lawsuit by shareholders who accused Chief Executive Tim Cook of concealing falling demand for iPhones in China, resulting in billions of dollars of investor...
Q3 Global Commercial Insurance Pricing Rockets 20% Higher: Marsh
Nov 6 2020 // Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update. Marsh said the jump was the...
Voters OK’d Local Measures to Fight Climate Change
Nov 5 2020 // Local governments are increasingly taking it upon themselves to address climate change. Denver voters on election day passed Measure 2A, which would raise city sales tax by 0.25% starting in January with the goal of...
Amini, General Counsel of Oklahoma Insurance Department to Retire
Nov 5 2020 // Gordon Amini, general counsel of the Oklahoma Insurance Department, will retire at the end of the year. During his 43-year career as corporate legal and regulatory counsel, Amini was a member of the Oklahoma Bar...
RMS: Total Onshore U.S. Insured Zeta Losses Could Rise to $5B
Nov 5 2020 // Catastrophe risk modeler RMS has estimated that insured on losses from Hurricane Zeta could rise to as high as $5 billion in the U.S. That figure is slightly higher than estimates announced by catastrophe modelers AIR...
Charting Covid: Purely Data for Data Sake
Nov 5 2020 // March 21, 2020, I began tracking COVID – specifically the daily numbers. I undertook this task for several reasons: I enjoy data, I wasn’t going anywhere for a while, but more specifically so that I could discuss...
U.S. P/C Insurer Impairments Rise Slightly in 2019: AM Best
Nov 5 2020 // The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best...
