Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Amazon Reveals 19,000 Frontline Workers Contracted Coronavirus
Oct 2 2020 // Amazon.com Inc. on Thursday said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year, or 1.44% of the total, a disclosure sought by labor advocates who have criticized the COVID-19 response...
Russia-Backed Hackers Behind Most Nation-State Cyber Attacks: Microsoft
Oct 2 2020 // Russia-based hackers are responsible for the majority of nation-state attacks on Microsoft customers, according to new data from company. Microsoft Corp. has issued 13,000 alerts about nation-state hacking attempts to its...
Argument in London Pub Between U.S., British Agents Is Focus of UK Employment Suit
Oct 2 2020 // An insult-laden spat at a London pub that strained relations between U.S. and British law-enforcement agencies is at the center of a employment tribunal lawsuit against the UK Serious Fraud Office. Tom Martin, an...
U.S. Treasury Warns Cyber Insurers Against Paying Ransomware Demands
Oct 1 2020 // The U.S. Treasury Department is warning that individuals or businesses that help facilitate ransomware payments may be violating anti-money laundering and sanctions regulations. The warnings came in a pair of advisories,...
Ascot Names S&P’s Guijarro as U.S. Chief Risk Officer
Oct 1 2020 // Specialty insurer Ascot announced the appointment of Steve Guijarro as U.S. chief risk officer and group head of Exposure Management. Guijarro will have primary responsibilty for Ascot’s enterprise risk management...
FAA Chief Completes Boeing 737 Test Flight: Likes What He Saw But Process Not Done
Oct 1 2020 // Federal Aviation Administration (FAA) Chief Steve Dickson conducted a nearly two-hour evaluation flight at the controls of a Boeing 737 MAX on Wednesday, a milestone for the jet to win approval to resume flying after two...
Health Insurer Anthem Settles States’ Cyber Breach Probe for $40 Million
Sep 30 2020 // Anthem Inc. said on Wednesday it would pay $39.5 million as part of a settlement with U.S. states attorneys general following an investigation into a massive cyber-attack at the company in 2015. The second largest U.S....
Personal Finance Firm Credit Karma to Offer Checking Account in U.S.
Sep 30 2020 // Personal-finance company Credit Karma said on Tuesday it would launch a checking account to U.S. members this year, making it the latest fintech to join the crowded digital banking market. Credit Karma Money Checking will...
The State of Surplus Lines Insurance: Busy Solving Risk Puzzles in a Complex World
Sep 30 2020 // Insurance professionals in the surplus lines sector are busy. Busy adapting to a changing business world during COVID-19. Busy adapting to a changing property/casualty market where standard lines insurers are steadfastly...
FAA Chief to Conduct Own Test Flight of Boeing 737 MAX
Sep 30 2020 // Federal Aviation Administration (FAA) Chief Steve Dickson is due to conduct a two-hour evaluation flight at the controls of a Boeing 737 MAX on Wednesday, a key milestone for the jet to win approval to resume flying after...
Private Equity Firm Hg Invests in Hyperion in Transaction Valued at US$5 Billion
Sep 30 2020 // Hg, the European private equity investor focused on software and service businesses, announced it will make a significant long-term equity investment in Hyperion Insurance Group Ltd., the insurance intermediary. The...
Equity Volatility Is Most Significant Risk for Investors: AIA Group CIO
Sep 30 2020 // Heightened equity market volatility extending beyond the U.S. presidential election is the most significant risk for investors, AIA Group’s chief investment officer said on Tuesday. Mark Konyn, group CIO at the...
Agents Warned of ‘Creative’ Attorneys, Virus Lawsuits
Sep 30 2020 // Agents and brokers should be on alert that plaintiffs’ attorneys in COVID-19 related business interruption claims lawsuits may be eyeing them as more cases against insurance companies begin to fail and claimants...
The Big Question Is Can U.S. Restrain Worsening Wildfires?
Sep 29 2020 // This is one of a series of interviews by Bloomberg Opinion columnists on how to solve pressing policy challenges. This conversation has been edited and condensed. Romesh Ratnesar: The American West is suffering through a...
Pandemic Brings Shift in Younger Workers’ Views of Employee Benefits
Sep 29 2020 // The coronavirus pandemic has led to a greater emphasis on employee benefits that help people plan for unexpected life events and provide financial protection, according to a study by The Hartford. The Hartford’s...
Reinsurance Experience in Africa, Asia Sets MGA Tempo Underwriting Apart
Sep 29 2020 // Tom Bailey, executive director of Tempo Underwriting, has a theory about what it takes to build a business based on the reinsurance MGA model. “For a reinsurance MGA to be successful and to have a strong offering,...
U.S. Pension Funds Sue Allianz After $4 Billion in Coronavirus Losses
Sep 28 2020 // Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany’s Allianz, one of the world’s top asset managers, for failing to safeguard their investments...
Major U.S. Tech Firms Look to Be Ignoring Europe’s Data Privacy Rules
Sep 28 2020 // Technology firms’ compliance with European restrictions on transatlantic data transfers is shockingly poor, Austrian privacy campaigner Max Schrems said on Monday, publishing a survey of companies including Facebook...
Mississippi Receives $23M in Federal Funds for Flood Relief
Sep 28 2020 // Mississippi has received nearly $23 million in emergency relief funds from the U.S. Department of Transportation to repair federal roadways that were damaged by severe flooding. U.S. Sen. Cindy Hyde-Smith announced the...
Reinsurance Demand Rises, Along with Flight to Quality, Say Industry Experts
Sep 28 2020 // Not only has reinsurance buying increased, but there also has been a flight to quality reinsurers by ceding insurance companies, according to several reinsurers and brokers in recent webinars held in lieu of what would...
