Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Business Moves
Feb 18 2019 // National AmWINS, The Flood Agency Specialty insurance broker AmWINS Group has agreed to acquire The Flood Insurance Agency, a Florida-based managing general agency that specializes in private market flood insurance. The...
People
Feb 18 2019 // National MetLife has named Darla Finchum as head of the company’s U.S. property/casualty business, MetLife Auto & Home. Finchum had been serving in this role on an interim basis since last August. She will be...
Age Bias Law Protects Current Employees But Not Job Applicants
Feb 18 2019 // Court Says Only Congress Can Extend the ADEA in Ruling Involving 58 Year Old Law Firm Job Seeker A divided U.S. appeals court has dealt a setback to older job applicants, saying they cannot invoke a federal law against age...
Hanover Partners with RSA Group to Expand International Specialty Offerings
Feb 15 2019 // The Hanover Insurance Group, Inc. has a new agreement with the multinational insurer RSA Group to join its global network as a U.S. strategic network partner. This relationship expands The Hanover’s international...
New Ventures, Driver Shortage Among Challenges in Trucking Insurance Market
Feb 15 2019 // The transportation industry is considered a barometer of the U.S. economy. If freight is trending up, so too is the U.S. economy. But capacity constraints for trucking – including a shortage of qualified drivers, low...
J&J Talc Supplier Files for Bankruptcy Over Lawsuits
Feb 14 2019 // A key supplier of talc used in Johnson & Johnson’s baby powder filed for Chapter 11 bankruptcy on Wednesday in the wake of multibillion-dollar lawsuits alleging its products caused ovarian cancer and...
USI Insurance Services to Acquire U.S. Risk Insurance Group
Feb 12 2019 // Dallas-based property/casualty program and specialty brokerage firm, U.S. Risk Insurance Group (U.S. Risk), announced it has agreed to be acquired by USI Insurance Services (USI). The transaction is expected to close in...
Doctors Alerted to Cancer Risk Linked to Breast Implants
Feb 12 2019 // U.S. health officials are telling doctors to be on the lookout for a rare cancer linked to breast implants after receiving more reports of the disease. The Food and Drug Administration sent a letter to family doctors,...
January’s U.S. Storms, Australia Floods Bring Economic Damages Near $2B: Aon
Feb 11 2019 // Multiple winter storms and extreme cold led to 45 deaths and cost the U.S. economy $1 billion during January, according to Aon’s Global Catastrophe Recap – January 2019. The report listed the winter storm events in...
Sanctions Against Sudan Are Lifted but Insurers Still Can’t Buy Overseas Reinsurance
Feb 11 2019 // Sixteen months after the United States lifted most sanctions on Sudan, businesses are unable to operate dollar transactions, insurance companies are cut off from the reinsurance market and the local airline is virtually...
Accidents Could Ground Drone Industry, House Committee Chair Warns
Feb 11 2019 // The commercial drone industry could be torpedoed if there were a serious accident involving a drone and a commercial aircraft, the chairman of the U.S. House Transportation and Infrastructure Committee warned on...
Bipartisan Bill Would Require Secondary Cockpit Door on All Existing Airplanes
Feb 11 2019 // U.S. lawmakers are pushing for stronger aviation security with a bipartisan bill that would require passenger airlines to install secondary security doors between cabins and the cockpit on current aircraft to prevent...
Zurich Insurance Reports 24% Jump in 2018 Net Income Driven by Life, P/C Units
Feb 8 2019 // Zurich Insurance’s reported 2018 net income after tax of $3.72 billion, a 24 percent jump from $3.0 billion it reported in 2017 – primarily driven by growth in its life business and improved underwriting in its...
Texas Governor, Officials Urge Feds to Clear Way for Harvey Money
Feb 7 2019 // A growing chorus of high-ranking Texas officials is calling on the federal government to establish rules that will allow for the flow of $4.3 billion to the state for Hurricane Harvey recovery. Texas has been waiting a...
Court Ruling Against ‘Law of Nature’ Patent Riles Biotech
Feb 7 2019 // A way to diagnose a severe neurological disorder can’t be patented as it covers a law of nature, a U.S. appeals court ruled Wednesday in a closely watched case that sought to clarify the patenting for medical...
Insurer Offers Employee Benefit Deal: Student Loan Relief for Unused Vacation Time
Feb 7 2019 // Starting next year, U.S. employees at insurance company Unum Group will have a choice: The company will put money toward their student loans, if the worker gives up five paid vacation days. The new perk is a creative twist...
1970s Musicians Sue for ‘Second Chance’ to Reclaim Their Songs
Feb 7 2019 // David Johansen, John Waite and other prominent 1970s musicians filed lawsuits on Tuesday accusing Sony Music Entertainment Inc. and UMG Recordings Inc. of improperly refusing to let them reclaim rights to songs they had...
The United States Saw 11 Natural Disaster Events That Exceeded $1 Billion in Damage During 2018
Feb 6 2019 // This post is part of a series sponsored by CoreLogic. When it comes to natural disasters, 2018 was an eventful year worldwide. Typhoons devastated the Philippines, Hong Kong, Japan and Oman. Earthquakes caused mass...
Florida Insurance Commissioner Altmaier Elected VP of the NAIC
Feb 6 2019 // Florida Insurance Commissioner David Altmaier has been elected by members of the National Association of Insurance Commissioners (NAIC) to serve as vice president of the organization, effective immediately. Altmaier joins...
Hub Acquires Assets of Texas Agency, US Insurance Source
Feb 4 2019 // Insurance broker Hub International Limited has acquired the assets of US Insurance Source LLC and certain of its affiliates (USIS). Terms of the transaction were not disclosed. Headquartered in Spring, Texas, USIS is an...
