Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Ohio Auto, Home Insurance Premiums Still Among Lowest in U.S.
Aug 3 2020 // On average, home and auto insurance premiums in Ohio remain among the lowest in the country, the insurance department says. The Ohio Department of Insurance reported that a recent analysis shows the average homeowners...
VW Asks Court to Reconsider ‘Staggering’ Damages for Counties Over Diesel Emissions
Aug 3 2020 // Volkswagen AG’s wholly owned U.S. subsidiary on Thursday asked the Ninth Circuit U.S. Court of Appeals to reconsider a ruling that said two counties could seek financial penalties over excess diesel emissions that...
Hurricane Isaias On Track Towards Florida, Southeast Coast
Jul 31 2020 // Heavy rains from Hurricane Isaias could hit Florida late Friday night before the owerful storm moves up the east coast into early next week, the U.S. National Hurricane Center (NHC) said in its latest advisory. The...
Insurers’ $158 Billion CLO Bet Is Putting the Industry at Risk
Jul 31 2020 // They’ve been billed as a solution to the rock-bottom interest rates weighing down the returns of America’s asset managers. Collateralized loan obligations — which package and sell leveraged loans into...
China-Backed Hackers ‘Targeted’ COVID-19 Vaccine Firm Moderna, Reuters Reports
Jul 31 2020 // Chinese government-linked hackers targeted biotech company Moderna Inc., a U.S.-based coronavirus vaccine research developer, this year in a bid to steal data, according to a U.S. security official tracking Chinese...
Chubb CEO Says U.S. Failure to Manage Covid-19 Hurts Economy, Global Image
Jul 31 2020 // Global insurer Chubb’s employees have begun to return to their offices in many countries around the world as governments have brought the coronavirus pandemic under control. However, the United State government has...
Climate Risk Analytics Firm Gets Capital Injections from Liberty and MS&AD
Jul 30 2020 // Jupiter, a Silicon Valley startup provider of predictive data and analytics for climate risk, announced it has raised additional capital from insurers Liberty Mutual and MS&AD Insurance Group Holdings, and SYSTEMIQ, a...
Reuters: Rite Aid Deployed China-Linked Facial Recognition in Poor Neighborhoods
Jul 30 2020 // Over about eight years, the American drugstore chain Rite Aid Corp quietly added facial recognition systems to 200 stores across the United States, in one of the largest rollouts of such technology among retailers in the...
Insurer Canopius Promotes Pike to Head of Credit & Political Risk
Jul 30 2020 // Canopius announced it has promoted Stephen Pike as head of Credit & Political Risk (CPR) team, part of the Credit, Political & Crisis (CPC) division, effective immediately. Pike joined Canopius as an underwriter in...
New Orleans Archdiocese nears Settlement with US over Katrina Aid
Jul 30 2020 // The Roman Catholic Archdiocese of New Orleans is nearing a settlement with federal authorities in a lawsuit alleging fraud involving Hurricane Katrina aid, according to court records filed on July 27. The federal court...
Without More Aid, Many Small Businesses Won’t Make It
Jul 30 2020 // OAKLAND, Calif./NEW YORK — After surviving two strokes at age 27, Olivia Colt threw herself into starting a catering business, a lifelong dream. Ten years and another stroke later, she had built Salt & Honey Catering...
Citing Safety, Union Sues to Block Trump Waivers That Speed Up Poultry Lines
Jul 29 2020 // A food workers’ union filed a federal lawsuit Tuesday to block Trump administration waivers that allow poultry plants to operate production lines at a faster pace, arguing the higher speeds endanger employees. The...
Firms Need Immediate Rethink on U.S. Data Transfers, Says EU Privacy Watchdog
Jul 28 2020 // Companies seeking to transfer data to the United States must revert to new arrangements with immediate effect after the Privacy Shield transatlantic pact was declared invalid last week, a European Union watchdog said on...
Average Age of Cars Americans Are Driving Nears 12 Years: IHS Markit
Jul 28 2020 // Americans are hanging on to their cars and trucks longer, pushing the average age of vehicles on the road to the highest level in nearly 20 years even before the coronavirus hit, according to new data from IHS Markit...
U.S. Volkswagen Owners Cheated in Diesel Scam Receive $9.8 Billion in Settlements
Jul 28 2020 // U.S. buyers of polluting Volkswagen AG vehicles received more than $9.8 billion in settlements, the Federal Trade Commission (FTC) said on Monday. Volkswagen agreed to offer to buy back or repair more than 550,000...
U.S. Appeals Court Says Jury Should Decide Kent State Ex-Player’s Lawsuit
Jul 27 2020 // A federal appeals court has ruled that a jury should decide on a former university softball player’s charge that her coach violated her First Amendment rights after a sexual assault on campus in Ohio. A three-judge...
AXA XL Presents New Leadership Team for Americas
Jul 27 2020 // As part of the proposed changes to its insurance operating model announced in April, AXA XL has appointed its new Americas leadership team, reporting to Joe Tocco, chief executive officer for the Americas. The appointments...
Meat Packing Plant Owners Defend Operations During Pandemic
Jul 27 2020 // As part of an investigation into the spread of coronavirus at U.S. meat plants, Democratic Senators Elizabeth Warren and Cory Booker released responses from major producers that defended their operations during the...
Indivior to Pay $600M to Settle Claims of Deceptive Marketing of Opioid Treatment
Jul 27 2020 // Indivior Plc has agreed to pay $600 million and have a subsidiary plead guilty to a felony charge to resolve U.S. allegations that it engaged in an illegal scheme to boost prescriptions of its opioid addiction treatment...
Lawsuit Claims UT-Austin Unfairly Denied Admission to White Students
Jul 24 2020 // A national organization has filed a lawsuit against the University of Texas at Austin on behalf of two white students who were denied admission, marking the third time the school has been sued by this group over an...
