Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
How Real-Time Bridge Monitoring Sensors Work to Detect Structural Defects
Jul 6 2018 // Along with flying cars and instantaneous teleportation, smart bridges, roads and subway lines that can send out warnings when they’re damaged are staples of futuristic transportation systems in science...
Global Insurance Premiums Rise by 1.5% in 2017, Driven by Emerging Markets: Swiss Re
Jul 6 2018 // Global insurance premiums continued to rise in 2017 with emerging markets leading the way, according to a study published by Swiss Re Institute’s sigma, which is celebrating its 50th anniversary of market...
Judge Overturns $140M Verdict Against AbbVie, Orders Retrial
Jul 6 2018 // A U.S. judge on Thursday overturned a $140.1 million verdict against AbbVie Inc. in a lawsuit by a man who claimed the company misrepresented the risks of its testosterone replacement drug AndroGel, causing him to suffer a...
A.M. Best Downgrades AmTrust As Insurer Prepares to Go Private
Jul 5 2018 // A.M. Best has downgraded its financial strength and credit ratings for insurer members of the AmTrust Group, not long after AmTrust Financial Services Inc. (AFSI) shareholders approved a $2.95 billion deal that will make...
On-Demand Insurance Agency Trōv Expands Into U.S., Launches in Arizona
Jul 5 2018 // Trōv, a global on-demand insurance agency, has expanded into the United States, starting with insurance for single items in the state of Arizona. Munich Re’s Digital Partners provides underwriting capital through...
Rebranded Liberty Mutual Re Enters U.S. Marine Market, Launches in Italy
Jul 3 2018 // Liberty Specialty Markets has rebranded its reinsurance division as Liberty Mutual Re, begun writing marine business in the U.S. for the first time, and is opening for business in Italy. Scott Johnson, formerly with Munich...
Texas Prosecutors Clear Karolyis in Sex Assault Suit; Nassar, Trainer Charged
Jul 2 2018 // Texas prosecutors on June 29 filed sexual assault charges against Larry Nassar and a trainer who worked at his side, expanding the worst abuse scandal in U.S. sports history beyond Michigan while also clearing...
Researchers Use Supercomputers to Quantify Quake Risk Across San Francisco Bay Area
Jul 2 2018 // Scientists and engineers are simulating precisely how a large-magnitude earthquake along the Hayward Fault would affect different locations and buildings across the San Francisco Bay Area. A team from Lawrence Berkeley...
Navigators Promotes Savarese, Vaughan in Specialty Primary Casualty Unit
Jul 2 2018 // Navigators Insurance Co. has promoted Joe Savarese to president, U.S. Specialty Primary Casualty. He will be responsible for driving the strategy and development of the specialty primary casualty product portfolio across...
Supreme Court to Review Merck Drug Warning Liability Case
Jul 2 2018 // The U.S. Supreme Court on Thursday agreed to hear Merck & Co.’s appeal of a lower court’s ruling that revived hundreds of lawsuits accusing the company of failing to adequately warn patients of the risks of...
People
Jul 2 2018 // Cassie Brown has been appointed Commissioner of Workers’ Compensation at the Texas Department of Insurance, Division of Workers’ Compensation. She succeeds Ryan Brannan, who left the division on May 1....
Maine Employers Are Not Required to Reimburse Employees for Medical Marijuana Use
Jul 2 2018 // The Maine Supreme Court has ruled that employers in the state are not required to reimburse employees for their use of medical marijuana under the Maine workers’ compensation system because federal law preempts state...
New York Attorney General Leads Suit Against U.S. Environmental Protection Agency
Jul 2 2018 // New York Attorney General Barbara D. Underwood, joined by Attorneys General Xavier Becerra of California and Brian Frosh of Maryland, has led a lawsuit against the United States Environmental Protection Agency (EPA) for...
Lloyd’s Index Shows $92B at Risk in North American Cities Each Year
Jul 2 2018 // Cities in the U.S. and Canada stand to lose $92.96 billion per year to risks like market crash, cyber attack and flood, an index from Lloyd’s shows. Lloyd’s newly issued City Risk Index, which produces...
Sea Level Rise Puts $117.5B at Risk from Chronic Flooding
Jul 2 2018 // Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
Catastrophes Hit Homeowner Insurers; Combined Ratio Moves Above 107: A.M. Best
Jul 2 2018 // After four years of sub-100 combined ratios for the U.S. homeowners insurers, the segment saw its combined ratio deteriorate to 107.1 in 2017 as a result of numerous catastrophes, according to an A.M. Best report. The new...
Middle Market U.S. Manufacturers Predict Growth, Changing Risk as Technology Transforms the Industry: Report
Jul 2 2018 // The business climate for manufacturing in the U.S. has improved over the past few years, driving both revenue and employment growth for middle market manufacturers. But the industry is also experiencing a period of...
Employees Find Vacation Benefits Short-Lived, Don’t Offset Stressful Work Culture
Jun 29 2018 // Taking time off helps the majority of U.S. workers recover from stress and experience positive effects that improve their well-being and job performance, but for nearly two-thirds of working adults, the benefits of time...
More Employers Offering Paid Parental Leave Benefit
Jun 29 2018 // More than one in three U.S. employers offers paid maternity leave beyond the amount required by law, up from one in six earlier this decade, according to new data from the Society for Human Resource Management. All 20 of...
Hanover Stone Solutions Appoints Morrissey, Dubois as Senior Advisors in NYC
Jun 29 2018 // Hanover Stone Solutions, an advisory firm providing risk consulting services to U.S. property and casualty and life insurance companies, has appointed Joanne Morrissey and Gary Dubois as senior advisors based in New York...
