Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
People Moves: Rokstone Appoints Burrow Head of US Excess Casualty; Canopius Hires Mills to Head US Casualty
Aug 19 2024 // Larry Burrows Rokstone, part of the Aventum Group, appointed Laurence (Larry) Burrows as head of a new US Excess Casualty division. Burrows has over 15 years of experience specializing in US casualty, latterly as a...
Second US Judge Blocks FTC Ban on Worker ‘Noncompete’ Agreements
Aug 16 2024 // A federal judge in Florida has temporarily blocked a U.S. Federal Trade Commission rule that would ban agreements commonly signed by workers not to join their employers’ rivals or launch competing businesses,...
People Moves: Zurich Promotes Nolan to Head of Surety in US; Zink Joins Everest to Lead Specialty Underwriters
Aug 15 2024 // Zurich Promotes Nolan to Head of Surety in US Zurich North America, headquartered in Schaumburg, Illinois, has promoted Chris Nolan to head of surety in U.S. national accounts. Nolan, who is based in New Jersey, succeeds...
US Auto Insurers’ Strong Performance to Continue Through 2025: Fitch
Aug 15 2024 // More favorable mid-year 2024 results of U.S. personal auto insurers are likely to continue through the end of 2024 and into 2025 due to material price increases and a moderation of claims severity trends...
US Undercounts Bird Flu in Cattle as Farmers Shun Testing
Aug 15 2024 // The U.S. bird-flu outbreak in dairy cattle is much larger than official figures suggest due to farmers’ reluctance to test their animals and risk the economic consequences of a positive result, according to Reuters...
Wall Street Firms to Pay $470 Million to Settle With US Regulators Over Texting
Aug 15 2024 // Another group of broker-dealer and investment advisers has agreed to pay over $470 million to U.S. regulators to settle civil charges they violated recordkeeping rules, the U.S. Securities and Exchange Commission and...
Report: 10 of Top U.S. Metros at Moderate to Very High Risk of Wildfire Are in California
Aug 13 2024 // Ten of the top 15 metropolitan areas for wildfire risk concentration are in California, while more than 2.6 million homes across 14 states with a total reconstruction cost of $1.3 trillion are at moderate to very high risk...
Federal Judge Tosses Much of Mexico’s Lawsuit Against US Gunmakers
Aug 8 2024 // A U.S. judge dismissed on Wednesday much of Mexico’s $10 billion lawsuit seeking to hold U.S. gun manufacturers responsible for facilitating the trafficking of firearms to violent drug cartels across the U.S.-Mexico...
Pandemic Shifted US Jobs Out of Big Cities Into Smaller Metros
Aug 8 2024 // The pandemic changed where Americans are likely to live and work, with a growing portion of job openings moving away from the biggest cities and into smaller metro areas, according to a Federal Reserve Bank of New York...
Severe Storms (Mostly in US) Account for 70% of Global Insured Natural Disaster Losses
Aug 8 2024 // Global insured losses from natural catastrophes totaled US$60 billion during the first half of 2024, or 62% above the 10-year average, according to preliminary estimates from Swiss Re. Severe thunderstorms (mainly in the...
People Moves: Lockton Names Ryan US President; Everest Names Buonpane and Stewart to Lead US Wholesale
Aug 7 2024 // Lockton Names Ryan US President Tim Ryan Lockton, headquartered in Kansas City, Missouri, appointed Tim Ryan as U.S. president. Ryan has 19 years of experience as the COO of Lockton’s Northeast business and 30 years...
As US Heat Deaths Rise, Some Landlords Oppose Right to Air Conditioning
Aug 7 2024 // Summers in New York City are difficult for Anthony Gay and his family. A small, portable air conditioner in his bedroom is the only relief they have from soaring temperatures in their Brooklyn rental. “The rest of...
Removing US Subsidies Curbed Building in Climate Risk Zones, Study Finds
Aug 6 2024 // The US Congress passed the Coastal Barrier Resources Act in 1982 to preserve relatively undeveloped waterfront areas as natural buffer zones. At least 1.4 million acres along the Atlantic and Gulf coasts were made...
US Expected to Propose Barring Chinese Software in Autonomous Vehicles
Aug 6 2024 // The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter. The Biden administration plans to issue a...
Pennsylvania Says U.S. Deal With Norfolk Southern Falls Short
Aug 5 2024 // Pennsylvania officials contend that a $310 million federal government settlement reached with Norfolk Southern Railway Co. over the 2023 train derailment in East Palestine, Ohio does not adequately meet the needs of...
TikTok Sued by US for Allegedly Breaking Kids’ Privacy Law
Aug 5 2024 // TikTok was sued by the US for allegedly collecting data on children in violation of an online privacy act, three months after the popular video app sued the government over a law that could ban it across the country. In a...
Ryan Specialty Builds with US Assure, a Builder’s Risk Specialist, in Jacksonville
Aug 2 2024 // Ryan Specialty, a publicly traded provider of specialty products for insurance agents, brokers and carriers, has agreed to buy US Assure Insurance Services of Florida, a company specializing in builder’s risk...
Arch Completes Acquisition of Allianz’s U.S. MidCorp and Entertainment Businesses
Aug 1 2024 // Arch Insurance North America it has closed the acquisition of the U.S. MidCorp and Entertainment insurance businesses from Allianz. Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch and will...
Tesla Recalls 1.85 Million US Vehicles Over Unlatched Hood Issue
Jul 31 2024 // Tesla is recalling 1.85 million vehicles in the United States due to risk of software failure to detect an unlatched hood, the automaker said. An unlatched hood could fully open and obstruct the driver’s view,...
US Agency Puts Onus on Amazon for Sale of Hazardous Third-Party Products
Jul 30 2024 // Amazon.com is responsible for hazardous products sold by third-party sellers on its platform under the federal safety law and bears legal responsibility for their recall, the U.S. Consumer Product Safety Commission said on...