Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Note to the Insurance Industry: Marijuana Is a Thing
Dec 4 2017 // It’s high time the insurance industry embraces marijuana. That’s because pot has entered the mainstream. To date, 29 states and the District of Columbia have legalized medical marijuana, eight states (plus...
California Fires Will Add to 2017 Insurer Catastrophe Losses, Fitch Says
Dec 4 2017 // No U.S. reinsurance companies in Fitch Rating’s rated universe are expected to be downgraded as a result of losses from the California wildfires alone, but for a number of companies the impact of wildfire losses adds...
People
Dec 4 2017 // Hudson Insurance Group has added Wallace Moreman as senior vice president. In this new position, Moreman will establish a subcontractor default insurance (SDI) business for Hudson. Christopher Gallagher, president and CEO...
CVS to Pay $67.5B for Aetna to Create Giant Health Firm with ‘10,000 New Front Doors’
Dec 3 2017 // CVS Health Corp. will buy Aetna Inc. for about $67.5 billion, creating a healthcare giant that will have a hand in everything from insurance to the corner drugstore. CVS will pay $207 a share for Aetna, with $145 a share...
Randall & Quilter Sells R&Q Managing Agency to U.S. MedMal Insurer Coverys
Dec 1 2017 // Randall & Quilter Investment Holdings Ltd. announced it has completed the sale of its Lloyd’s managing agency, R&Q Managing Agency Ltd. (RQMA), to Coverys, a provider of medical professional liability...
How Payment Policies of Insurers, Government Discourage Opioid Alternatives
Dec 1 2017 // For the drug industry, building a better pain pill is a problem. Pharmaceutical companies have introduced new medicines to treat dependence, reverse overdoses, and deal with opioids’ side effects. But few effective...
Ironshore’s Boren, President of U.S. Field Operations, Retiring; Frediani to Succeed
Nov 30 2017 // Ironshore Inc. announced that industry veteran Joseph L. Boren, president of U.S. Field Operations and a noted environmental risk expert, will retire as of year-end 2017. Boren’s role as president of U.S. Field...
Beazley Establishes Marine Insurance Platform In U.S.
Nov 30 2017 // Beazley has established its new U.S. marine platform with an initial focus on hull, protection & indemnity (P&I) and liability coverage for the marine and marine construction marine platform sectors. Beazley has...
Lawyer Pleads Guilty to Trying to Sell Sealed Whistleblower Lawsuits
Nov 30 2017 // A former partner at a major law firm in Washington pleaded guilty on Wednesday to charges that he tried to sell copies of sealed whistleblower lawsuits against corporations that he obtained while working at the U.S....
Index Shows Where People Are Moving in Next Few Months
Nov 30 2017 // It’s possible to know where in the country more homebuyers will be moving over the next 30 to 90 days, thanks to what’s called a “pre-mover” index. It turns out that the U.S. markets with the...
China Oceanside’s Acquisition of Genworth Again Delayed by U.S. Review
Nov 30 2017 // The closing deadline for China Oceanwide Holdings Group Co.’s proposed purchase of Genworth Financial Inc .has been extended for a second time, to April 1, to allow them to satisfy a U.S. review on foreign takeovers,...
Ex-Coal Boss Blankenship Announces U.S. Senate Run From West Virginia
Nov 30 2017 // Donald Blankenship, the former Massey Energy chief executive who went to prison in the wake of a 2010 mine explosion that killed 29, plans to run for the U.S. Senate from West Virginia. Blankenship is filing election...
New Sensors Tracking Earthquakes Across Texas
Nov 29 2017 // Note: This article originally appeared in The Texas Tribune. Three years ago, a series of quakes rattled North Texas — and some residents’ nerves. Larry Walden, a Parker County commissioner, remembers a public...
Researchers Find Drones Can Cause Significant Damage to Aircraft
Nov 29 2017 // The millions of small civilian drones plying the nation’s skies can cause significant damage to airliners and business jets in a midair collision, new research commissioned by the U.S. Federal Aviation Administration...
2017 Hurricane Season Ranks as Costliest Ever for U.S.
Nov 28 2017 // This year’s U.S. Atlantic hurricane season is officially the most expensive ever, racking up $202.6 billion in damages since the formal start on June 1. The costs tallied by disaster modelers Chuck Watson and Mark...
Supreme Court Conservative Justices Raise Doubts About U.S. Patent Review Process
Nov 28 2017 // U.S. Supreme Court justices on Monday appeared divided over whether a federal agency’s in-house process for challenging patents violates the constitutional rights of patent owners, leaving the fate of a system that...
Trending in 2017
Nov 27 2017 // Within a month, we’ll be archiving our 2017 whitepapers and reports, as we seek the most current content available for 2018. For those of you new to Research & Trends, here is a chance to review and easily locate...
Trump Wants NAFTA to Limit Liability of Internet Firms Including Google, Facebook
Nov 27 2017 // The Trump administration is pushing to add legal protections in the North American Free Trade Agreement (NAFTA) that would limit the liability of internet giants such as Google and Facebook, marking the latest in a...
Uber Paid Hackers to Hide Breach of 50 Million Customer, Driver Records
Nov 22 2017 // Hackers stole the personal data of 57 million customers and drivers from Uber Technologies Inc., a massive breach that the company concealed for more than a year. This week, the ride-hailing firm ousted its chief security...
Fatal Crashes on Private Planes at Lowest in 50 Years
Nov 22 2017 // The rate of fatal crashes on privately owned aircraft in the U.S. dropped to the lowest level in 50 years in 2016. The fatal-accident rate was less than 1 per 100,000 flight hours, the first time it has reached that level...
