Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Airports Told They Need FAA Approval to Install Drone Defense Measures
May 9 2019 // The Federal Aviation Administration told U.S. airports in a letter released on Wednesday they could not install drone countermeasures without federal consent, warning they could pose an aviation safety risk by interfering...
W. Virginia Governor’s Coal Companies Sued by Feds Over Safety Violations
May 9 2019 // The U.S. government sued nearly two dozen of West Virginia Gov. Jim Justice’s coal companies Tuesday to get them to pay about $4.8 million in unpaid mine safety fines. The civil lawsuit was filed by federal...
Trial to Determine Army Corps’ Liability for Harvey Flooding
May 8 2019 // Residents seeking compensation after their Houston-area homes and businesses were flooded by two federally owned reservoirs during Hurricane Harvey say authorities knew for decades that such an inundation was inevitable...
J&J Pinnacle Hip Lawsuits Settlement Said to Cost $1 Billion
May 8 2019 // Johnson & Johnson agreed to pay about $1 billion to resolve most lawsuits claiming it sold defective metal-on-metal hips that ultimately had to be removed, according to people with knowledge of the matter. With the...
Minnesotan Pleads Guilty to Faking Death in $2M Insurance Scam
May 7 2019 // A Minnesota man accused of faking his own death eight years ago in Eastern Europe to collect a $2 million life insurance policy has pleaded guilty. The St. Paul Pioneer Press reports that 54-year-old Igor Vorotinov,...
Going to Court Over Losses When Robot Is to Blame
May 7 2019 // Robots are getting more humanoid every day, but they still can’t be sued. So a Hong Kong tycoon is doing the next best thing. He’s going after the salesman who persuaded him to entrust a chunk of his fortune to...
Federal Reserve Again Warns About Increase in High-Risk Company Debt
May 7 2019 // The Federal Reserve escalated its warnings about the perils ofleveraged loan Monday, saying firms with the worst credit profiles are the ones taking on more and more debt. The Fed also left a question unanswered: Is it...
St. Louis County Exec’s Corruption Conviction Linked to Insurance Firm Owner
May 6 2019 // In less than a week, Steve Stenger went from being the top elected official in Missouri’s largest county to a convicted felon. Stenger pleaded guilty Friday to federal corruption charges for providing political...
Hawaii Reefs Provide $835M in Flood Protection, Study Shows
May 6 2019 // Hawaii’s coral reefs provide more than $835 million in flood protection for the state annually, according to a new study. The report by the U.S. Geological Survey, The Nature Conservancy and the University of...
Boeing Says 737s’ Optional Data Display Alert Was Not Safety Risk
May 6 2019 // Boeing Co. did not tell U.S. regulators for more than a year that it inadvertently made an alarm alerting pilots to a mismatch of flight data optional on the 737 MAX, instead of standard as on earlier 737s, but insisted on...
U.S. P/C Commercial Lines Market ‘Best in Years,’ Says Chubb CEO Greenberg
May 6 2019 // Chubb Chairman and CEO Evan Greenberg referred to his company as being in the midst of a “rational market” and appeared pleased with its direction and tone so far in 2019. “In the first quarter, in total,...
More States Could Settle Opioid Suits in Wake of West Virginia’s McKesson Deal
May 6 2019 // McKesson Corp.’s settlement of an opioid lawsuit with West Virginia — the state with the highest U.S. rate of drug-overdose deaths — may encourage other states to seek quick cash to cope with the rising...
JLT Re’s Chandler Joins Reinsurance Broker BMS as U.S. Operations President
May 6 2019 // Reinsurance broker BMS Group has named Pete Chandler as president of its U.S. reinsurance operations. Chandler joins from JLT Re, where he was deputy CEO of the U.S. reinsurance broking arm of the group. He joined JLT Re...
McKesson to Pay $37M to Resolve West Virginia Opioid Suit
May 6 2019 // Drug distributor McKesson Corp has agreed to pay $37 million to resolve a lawsuit by the state of West Virginia alleging it helped fuel a U.S. opioid epidemic by failing to stop suspicious orders of painkillers by...
U.S. Supreme Court Says Tennessee Utility Can be Sued for Commercial Activity
May 6 2019 // The U.S. Supreme Court has ruled the Tennessee Valley Authority can be sued over its commercial activity. But it left a lower court to decide whether the case of an Alabama man injured by a power line can proceed. The...
Business Moves
May 6 2019 // National ProAg, AmTrust Agriculture Producers Ag Insurance Group Inc. has agreed to acquire Leawood, Kan.-based managing general agent AmTrust Agriculture Insurance Services. The deal, which is subject to regulatory...
People
May 6 2019 // National Robert Bauer has joined insurance broker Marsh to lead its U.S. Sharing Economy & Mobility Practice. Bauer will focus on developing and delivering products and services to companies operating in the new...
Louisiana Senators Say Agreement Reached on Federal Flood Aid for Homeowners
May 3 2019 // The Trump administration has agreed to rewrite regulations to help thousands of Louisiana homeowners with damage from the 2016 floods access federal aid, the state’s U.S. senators said Thursday. Republican Sens. Bill...
Congressional Budget Office Warns of ‘Potentially Disruptive’ Move to ‘Medicare for All’
May 3 2019 // Congressional budget experts said this week that moving to a government-run health care system like “Medicare for All” could be complicated and potentially disruptive for Americans. The report from the...
Deadly African Swine Virus Sends Shock Waves Through Global Food Chain
May 3 2019 // What started with a few dozen dead pigs in northeastern China is sending shock waves through the global food chain. Last August, a farm with fewer than 400 hogs on the outskirts of Shenyang was found to harbor African...
