Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Appeals Panel Rejects Suit over Abandoned Mine Shaft Death in Colorado
Aug 7 2020 // A federal appeals panel has upheld the dismissal of a wrongful death lawsuit filed by the family of a woman who died when the car she was riding in drove off a Forest Service road and into an abandoned mine shaft in the...
Sampo Group and S. African Investor to Acquire UK Insurer Hastings for $2.2B in Cash
Aug 5 2020 // UK insurer Hasting Group Holdings has agreed to a £1.66 billion (US$2.2 billion) cash acquisition by Finnish insurer Sampo and Rand Merchant Investment Holdings Ltd., a South African financial services investment...
Allianz Global Corporate & Specialty Sells U.S. Products Recall Business to Axon
Aug 5 2020 // New Jersey-based specialty lines program administrator Axon Underwriting Services has acquired the renewal portfolio of Allianz Global Corporate & Specialty’s (AGCS) U.S. contaminated and consumer products recall...
U.S. Eyes $13 Billion of Claims in Purdue Pharma Opioid Probes: Reuters
Aug 5 2020 // U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma after uncovering evidence of criminal and civil misconduct stemming from the company’s...
Tropical Storm Isaias Left Death, Darkness, Tornadoes, Floods on East Coast
Aug 4 2020 // 08/05/2020 02:06 AM— Tropical Storm Isaias killed at least four people on Tuesday as it made its way up the U.S. Atlantic Coast, including two deaths at a North Carolina trailer park that was struck by a tornado spun off...
N.Y. Manufacturer Fined, Citations Upheld for Falsely Claiming Violations Corrected
Aug 4 2020 // An administrative law judge with the independent Occupational Safety and Health Review Commission has upheld citations and penalties from the U.S. Department of Labor’s Occupational Safety and Health Administration...
Tropical Storm Isaias Kills One as Tornadoes Threaten U.S. Northeast
Aug 4 2020 // Tropical Storm Isaias pummeled Virginia on Tuesday on its way toward Washington and other cities of the U.S. Northeast, and killed at least one person after a tornado it spawned obliterated a mobile home park in North...
Fed Leaders Say Economy Needs More Federal Help and More People Wearing Masks
Aug 4 2020 // The U.S. economy, battered by a resurgence in the spread of COVID-19, needs increased government spending to tide over households and businesses and broader use of masks to better control the virus, U.S. central bankers...
Manhattan District Attorney Says Trump Probe Includes Alleged Insurance, Bank Fraud
Aug 4 2020 // Manhattan’s district attorney on Monday suggested a grand jury subpoena for U.S. President Donald Trump’s tax returns was part of an investigation of “possibly extensive and protracted criminal conduct at...
Judge Voids Parts of Trump Labor Rule Limiting Coronavirus Sick Leave Eligibility
Aug 4 2020 // A U.S. judge on Monday voided parts of a Trump administration rule that restricted paid sick leave and emergency family leave for potentially millions of workers affected by the coronavirus. Ruling in a case brought by New...
COVID-19 Signals Billions in Long-Term Healthcare Costs Ahead
Aug 3 2020 // Late in March, Laura Gross, 72, was recovering from gall bladder surgery in her Fort Lee, New Jersey, home when she became sick again. Her throat, head and eyes hurt, her muscles and joints ached and she felt like she was...
AstraZeneca Gets Protection from Future Product Liability Claims for COVID Vaccine
Aug 3 2020 // AstraZeneca has been granted protection from future product liability claims related to its COVID-19 vaccine hopeful by most of the countries with which it has struck supply agreements, a senior executive told...
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...
