Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Altamont Capital Deal to Acquire Topa Insurance Called Off
May 20 2020 // The deal for Altamont Capital Partners to acquire Topa Insurance Group has been called off. Last August, Altamont Capital Partners signed an agreement to acquire Calabasas, Calif.-based Topa Insurance Group from its...
Please Place Your Masks in Upright Position. Airlines Stress Safety to Lure Passengers.
May 20 2020 // U.S. carriers JetBlue Airways Corp. and United Airlines Holdings Inc. announced fresh safety measures on Wednesday aimed at restoring confidence in travel as several executives pointed to signs domestic demand is...
Construction Company Owner Pleads Guilty After Lying During OSHA Investigation
May 20 2020 // After an investigation by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), the owner of a Somerset County, N.J., construction company has pleaded guilty to one count of felony...
U.S. to Mandate Safety Management for Aircraft Manufacturers
May 20 2020 // The Federal Aviation Administration said Tuesday it would require Boeing Co. and other aircraft manufacturers to adopt new safety-management tools following two fatal Boeing 737 MAX crashes that killed 346 people. The plan...
BMS Names Former Everest CEO Addesso as Non-Exec Chair of U.S. Reinsurance Arm
May 20 2020 // BMS Group, the London-based specialist re/insurance broker, announced the appointments of Dominic Addesso as non-executive chairman and LoriAnn Lowery-Biggers as an independent non-executive director of BMS Intermediaries...
Johnson & Johnson to No Longer Sell Talc-Based Baby Powder in U.S., Canada
May 20 2020 // Johnson & Johnson on Tuesday announced that it would stop selling its talc-based Johnson’s Baby Powder in the United States and Canada, making the decision after a consumer products “portfolio reassessment...
P/C Insurers Back a Federal Pandemic Loss Fund But Not a Backstop Like TRIA
May 19 2020 // Property/casualty insurance carrier groups are developing a proposal for a federal program to replace revenues lost by businesses shut down during pandemics like COVID-19, but their program won’t be modeled after the...
U.S. Employers Shying Away From Using Coronavirus ‘Immunity’ Tests in Reopening
May 19 2020 // U.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other workplaces. Blood tests that check for antibodies to the new coronavirus have...
Tropical Storm Arthur Inches Closer to East Coast; Minor Impact Expected to North Carolina
May 18 2020 // Tropical Storm Arthur inched closer to the U.S. East Coast on Sunday, although its impact was expected to be limited to some minor flooding and rough seas along the North Carolina coast. Arthur formed off the coast of...
U.S. Supreme Court Rules Against State of Georgia in Copyright Dispute
May 18 2020 // The Supreme Court ruled last month against the state of Georgia in a copyright lawsuit over annotations to its legal code, finding they cannot be copyrighted. The 5-4 ruling splintered the court along unusual lines and...
AM Best’s Stress Testing Indicates Most Insurers Can Withstand Pandemic Hit
May 18 2020 // Analysts at the AM Best ratings firm say their initial stress tests of insurance companies globally to gauge the preliminary impact from the COVID-19 pandemic on their financial strength found good news: “most...
Economy Will Need More Government Help to Recover, Says Fed Chair Powell
May 18 2020 // The most important data for the U.S. economy right now are the “medical metrics” around the coronavirus pandemic, Federal Reserve Chairman Jerome Powell said Sunday night in broadcast remarks where he outlined...
Talc Miner Imerys to Forfeit North America Units to Settle 14,000 Cancer Lawsuits
May 18 2020 // Imerys SA, which mines talc used in Johnson & Johnson’s iconic Baby Powder and other products, agreed to turn over its North American operations to resolve more than 14,000 lawsuits claiming the mineral caused...
Citing 9/11 Victims Fund, Lawmakers Eye U.S. Compensation Pool For COVID-19 Workers
May 18 2020 // A bipartisan group of federal lawmakers last week unveiled a plan to compensate essential workers who fall sick or die from COVID-19. The lawmakers are modeling their Pandemic Heroes Compensation Act after the September...
U.S. Completes Overhaul of Biotech Farm Product Regulations
May 18 2020 // The U.S. Department of Agriculture announced on Thursday a rule that will simplify or waive agency reviews of certain biotech farm products, including plants and seeds that have been genetically modified or engineered. As...
Goodbye Open Plan Office? Hello 6-Feet Social Distancing Workspace?
May 18 2020 // One-way corridors, buffer zones around desks, and clear plastic screens to guard against colleagues’ coughs and sneezes may become office standards after coronavirus stay-at-home orders are lifted, say occupational...
People & Places
May 18 2020 // National Scott Kreuzer has been appointed as senior managing director, Americas, at Aspen Re, effective May 4, 2020. Kreuzer joins Aspen Re from Axis Reinsurance, where he has served as senior vice president and head of...
COVID-19 Clouding Cannabis Industry Pitfalls Amid Upbeat Outlook
May 18 2020 // The cannabis industry is being affected by COVID-19 much like other business sectors, but the complexities of this budding industry make its eventual recovery from the pandemic and ensuing economic fallout even harder to...
Study Finds State, Local Measures Have Reduced Coronavirus Cases by 34 Million
May 15 2020 // A new report titled, “Strong Social Distancing Measures in the United States Reduced the COVID-19 Growth Rate” finds that steps taken to reduce the spread of corononavirus by state and local governments have...
U.S. Issues Maritime Advisory on Sanctions for Ship Owners, Insurers
May 15 2020 // WASHINGTON/LONDON (Reuters) – The Trump administration on Thursday issued guidelines to help ship owners and insurers avoid the risks of sanctions penalties, standards that maritime players and senior State...
