Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
India Government Recommends J&J Pay Compensation for Recalled Hip Implants
Aug 29 2018 // A government panel has recommended that Johnson & Johnson (J&J) pay compensation of at least $28,500 to each Indian patient who suffered from artificial hip implants the U.S. healthcare firm recalled eight years...
P/C Insurance Industry Delivered Improved Results in First Half
Aug 29 2018 // Mid-year results for U.S. property/casualty insurers and reinsurers show they are on the mend following a trying 2017, according to Fitch Ratings. Operating performance moderately improved for P/C (re)insurers during the...
Goldman Sachs Wants Whistleblower’s Claims Sent to Arbitration
Aug 28 2018 // Goldman Sachs Group Inc. says claims by a former executive that the bank retaliated against him for blowing the whistle on its failure to comply with anti-money-laundering policies should be heard outside of court or...
Ban on Publishing Blueprints for 3-D Guns Extended by Judge
Aug 28 2018 // A U.S. judge extended a ban on publishing blueprints for 3-D printed guns online, handing a procedural victory to states and gun-control groups that argue the practice will make it easy for criminals and terrorists to get...
Serial Arsonist Arrested for Torching RVs at Florida Dealership
Aug 28 2018 // A serial Florida arsonist has been arrested and charged with 10 counts of 2nd degree arson in Palm Beach County for setting fires to $300,000 worth of RVs, according to a statement from Florida CFO and State Fire Marshal...
Louisiana Company to Pay $165K Resolve Disability Discrimination Suit
Aug 27 2018 // An Allemands, Louisiana-based provider of marine transportation services will pay $165,000 to settle a disability discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC). The EEOC said...
Argo Names Duncan to Lead U.S. Specialty Programs
Aug 27 2018 // Specialty insurer Argo Group has appointed Marsh Duncan to serve as senior vice president U.S. Specialty Programs, effective immediately. In this role, Duncan will lead the company’s strategy to offer customized...
Canada Should Require Stronger Rail Cars for Crude Before 2025 Deadline: Official
Aug 27 2018 // Canada ought to require stronger tank cars for transporting flammable liquids sooner than the current deadline in 2025, Transportation Safety Board Chair Kathy Fox said on Thursday, noting that crude-by-rail shipments are...
China’s Giant Ping An Insurance Sues U.S. Broker Over Use of Name
Aug 24 2018 // China’s giant Ping An Insurance Group is suing a California-based wholesale brokerage over its use of the name Ping An. The Chinese financial services firm is demanding that Ping An Insurance Center...
In Harvey’s Wake: 68 Dead; Damage Costs in the Billions
Aug 24 2018 // Hurricane Harvey slammed into Texas last August as a powerful Category 4 storm, killing dozens of people and causing billions of dollars in damage. Though its fiercest winds quickly dissipated, the storm hovered for days...
Big Insurers Still Taking a Pass on Marijuana Profits
Aug 24 2018 // Marijuana is already a multibillion-dollar business in the U.S. that’s drawing attention from some lawmakers eager for tax revenue and investors looking for profits. So far, however, some of the biggest insurers are...
Bayer’s Monsanto Faces 8,000 U.S. Lawsuits on Glyphosate-Based Weedkillers
Aug 24 2018 // The number of U.S. lawsuits brought against Bayer’s newly acquired Monsanto has jumped to about 8,000, as the German drugmaker braces for years of legal wrangling over alleged cancer risks of glyphosate-based...
Home Depot to Pay $100K to Settle Illinois Disability Discrimination Lawsuit
Aug 23 2018 // Home Depot, the large national home improvement retailer, has agreed to pay a former employee $100,000 and provide other relief to settle a disability discrimination lawsuit, according to the U.S. Equal Employment...
Investors Betting on Workplace Medical Clinics to Help Employers Contain Costs
Aug 23 2018 // A group of investors is putting up $165 million to fuel an expansion of Paladina Health, bringing a recent surge of private funds flowing into companies that run primary-care clinics to more than a half-billion...
Brand Name Drug Maker Not Liable for Injuries from Generic Version: Court
Aug 23 2018 // A U.S. appeals court on Wednesday tossed a $3 million verdict against GlaxoSmithKline over the suicide of an attorney who took a generic version of the company’s antidepressant Paxil, finding the company could not be...
The Hartford to Acquire Specialty Insurer Navigators in $2.1 Billion Deal
Aug 22 2018 // The Hartford Financial Services Group has agreed to acquire specialty insurer The Navigators Group in a transaction that values Navigators at approximately $2.1 billion. Under the terms of the agreement, Navigators...
Run-Off Venture Targets Florida Auto Insurer Peachtree Casualty for First Acquisition
Aug 22 2018 // International insurance and reinsurance company DARAG and U.S.-based acquisition specialist SOBC have formed a joint venture with SOBC DARAG in Delaware to support DARAG’s expansion into the U.S. and...
AIR Worldwide Estimates Insured Losses from Japan Floods Could Reach US$4B
Aug 21 2018 // Industry insured losses from the flooding in western Japan caused by excessive rainfall from June 28 to July 8, 2018, will be between JPY284 billion (US$2.6 billion) and JPY423 billion (US$4.0 billion), according to...
VW’s CEO Knew About Cheating Software Before Scandal Emerged: Der Spiegel
Aug 21 2018 // Volkswagen Chief Executive Herbert Diess was told about the existence of cheating software in cars two months before regulators blew the whistle on a multi-billion exhaust emissions scandal, German magazine Der Spiegel...
Monsanto Has Another Legally Risky Chemical Product
Aug 21 2018 // Some Bayer AG investors were surprised to learn about the thousands of farmers lining up before U.S. courts to argue that Roundup — the blockbuster weedkiller the German company recently acquired when it bought...
