Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Possible Drone Strike on Aeromexico Jetliner Under Investigation
Dec 14 2018 // Grupo Aeromexico SAB is investigating whether a drone slammed into a Boeing Co. 737 jetliner as the aircraft approached its destination in Tijuana, Mexico, on the U.S. border. Images on local media showed considerable...
Rhode Island Equine Insurance Agent Pleads Guilty in $1.3M Fraud Scheme
Dec 13 2018 // A Rhode Island insurance agent and agency owner who specializes in providing equine insurance coverage has admitted to operating schemes which defrauded customers, insurance companies and finance companies of approximately...
Italian Oil Services Firm Saipem Blames Cyber Attack on Shamoon Virus Variant
Dec 13 2018 // A hack on Italian oil services firm Saipem that crippled more than 300 of the company’s computers used a variant of the notorious Shamoon virus, Saipem said, a development that links the case to a massive attack in...
Current Congress Unlikely to Pass Federal Bill to Speed Up Driverless Vehicles
Dec 13 2018 // A landmark U.S. bill that would speed adoption of self-driving cars is now “a long shot” to pass before the current Congress adjourns in the coming weeks, a key Republican senator behind the legislation...
‘Ineffective’ Safeguard Cited in Husky Oil Refinery Blast in Wisconsin
Dec 12 2018 // An “ineffective” safeguard failed to prevent an explosive mixing of air and fuel at a Husky Energy refinery in Superior, Wisconsin, leading to a blast and fire in the plant’s gasoline-producing unit in...
AXA XL’s E&S Casualty Insurance Names 2 U.S. Product Leaders
Dec 12 2018 // AXA XL insurance has appointed new Excess & Surplus (E&S) Casualty product leads in the U.S. Ankur Chokshi has been promoted to head of E&S Primary Casualty and Brokerage and Binding Authority while Kimberly...
U.S. Intends to Sign Post-Brexit Insurance Pact with Britain
Dec 11 2018 // The U.S. Treasury and U.S. Trade Representative’s office said on Tuesday they intended to sign a new bilateral insurance agreement with Britain that will provide insurance market regulatory certainty and continuity...
U.S. Warns on Uptick in Chinese Hacking Setting Stage for Future Attacks
Dec 11 2018 // A senior U.S. intelligence official warned on Tuesday that Chinese cyber activity in the United States had risen in recent months, and the targeting of critical infrastructure in such operations suggested an attempt to lay...
Olympus to Pay $85 Million for Failing to Report Medical Device Contamination Risks
Dec 11 2018 // An Olympus Corp. subsidiary pleaded guilty on Monday and agreed to pay $85 million to resolve charges that it failed to file reports with U.S. regulators regarding infections connected to its duodenoscopes while continuing...
Commercial Lines Insurance Prices Up Slightly in 3Q 2018 Over 2017
Dec 10 2018 // Commercial insurance prices in the U.S. increased by more than two percent in the third quarter of 2018, according to the Willis Towers Watson Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices...
A.M. Best Sees Private Passenger Auto Turnaround, Stable Outlook for 2019
Dec 10 2018 // Ratings analysts at A.M. Best said improved underwriting performance in the private passenger auto line of business, lower—albeit still elevated— catastrophe experience and favorable investment returns have convinced...
The Bad News About High Auto Insurance Customer Satisfaction
Dec 10 2018 // Record high customer satisfaction among auto insurance customers is clearly good news for customers, especially at a time when their overall customer experience is being tested by the rising cost of auto insurance. For...
Gallagher Buys Boston Marks Group with Offices in N. Zealand, Australia, UK & U.S.
Dec 10 2018 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, has acquired Boston Marks Insurance NZ in New Zealand, BMG Aviation in Australia and the book of business of Boston Marks Insurance Brokers...
Liberty Mutual Forms $1B Risk-Sharing Deal with OPIC, Expanding Public Sector Portfolio
Dec 10 2018 // Liberty Mutual Insurance has formed a $1 billion risk-sharing agreement with the Overseas Private Investment Corp. (OPIC), the U.S. government’s development finance institution, which furthers the company’s...
Boeing Defends 737 MAX Planes as Safe Amid Calls for More Pilot Training
Dec 7 2018 // Aviation authorities in Indonesia and India on Thursday pushed for more simulator training for Boeing Co 737 MAX pilots following the deadly Lion Air crash, while the world’s largest planemaker reiterated that its...
Aon Cites Need for Mitigation as Insured Wildfire Losses Top $10B for Second Year
Dec 7 2018 // Total aggregated economic losses for the wildfires that have burned across Northern and Southern California throughout the month are expected to minimally exceed $10 billion, while insurance claims payouts for wildfires...
Emails Released in U.K. Probe Show How Facebook Wielded Users’ Data
Dec 7 2018 // Facebook Inc. wielded user data like a bargaining chip, providing access when that sharing might encourage people to spend more time on the social network — and imposing strict limits on partners in cases where it...
Chinese Manufacturer Ninebot’s Dominance Has Startups Sharing Scooter Product Risks
Dec 6 2018 // Scooter-sharing company Lime recently relayed a troubling message to its users: a portion of its fleet was at risk of bursting into flames. The startup recalled about 2,000 vehicles, less than one percent of its scooters,...
How Insurance Broker A.J Gallagher Cleans Up on Clean Coal Subsidies: Reuters
Dec 5 2018 // Earlier this year, the chief financial officer of global insurance giant Arthur J. Gallagher & Co. explained to analysts how the company had turned a little-known U.S. energy subsidy into a profit machine, worth...
Climate Risk Index Shows Rich and Poor Nations Threatened by Devastating Storms
Dec 5 2018 // The devastation caused by powerful storms is a growing threat to both poor and rich nations, propelling Caribbean islands to the top of a global index of countries most severely affected by weather disasters last year,...
