Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Michelle Frymire Joins U.S. Risk, LLC as Chief Financial Officer
Nov 2 2017 // Dallas, TX, November 2, 2017— Michelle Frymire has joined U.S. Risk, LLC as Chief Financial Officer. Frymire will be responsible for Finance, M&A and Development, and Human Resources. Michelle Frymire Frymire brings...
Aetna Keeps Quiet About Reported CVS Merger Talks; Net Income Rises 39%
Nov 1 2017 // U.S. health insurer Aetna Inc failed to provide any hints on reported merger talks with CVS Health Corp when discussing quarterly results on Tuesday and laid out obstacles to 2018 earnings growth, sending its shares...
Cat Facility CCRIF to Pay Trinidad & Tobago $7M for Severe October Rains
Oct 31 2017 // Cayman Islands-based CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) announced that Trinidad & Tobago will receive a payout of US$7,007,886 (approximately TT$47.4 million) on an excess rainfall...
U.S. Supreme Court Declines Louisiana Coastal Wetlands Lawsuit
Oct 31 2017 // The U.S. Supreme Court has refused to revive a Louisiana flood protection board’s lawsuit seeking to make oil, gas and pipeline companies pay for decades of damage to coastal wetlands. The suit drew fierce opposition...
Shareholder Activists Press Drug Firms on Business Risks of Opioid Crisis
Oct 31 2017 // U.S. shareholder activists are addressing a soaring death toll from opioid drug abuse, asking companies that make and distribute the painkillers to review the risks their businesses could face from their role in the...
Test Program Will Alert Owners of Unrepaired Vehicle Recalls
Oct 31 2017 // The U.S. National Highway Traffic Safety Administration said Friday it is funding a pilot program that will notify drivers in the state of Maryland if there are open, uncompleted recalls at the time that they register...
Houston Labor Union to Pay $30K to Settle Federal Race Discrimination Lawsuit
Oct 30 2017 // Houston’s Local 100 of the United Labor Unions, a multi-state service workers’ union, has agreed to pay $30,000 in lost wages and damages to settle a race discrimination suit filed by the U.S. Equal Employment...
Iron-Excess Names 3 to Specialty Casualty Posts for U.S., London
Oct 30 2017 // Ironshore announced the appointments of three executives to underwrite Specialty Casualty risk in U.S. and London markets. Iron-Excess, the excess underwriting unit of Ironshore Insurance Services formed in September 2017,...
Randall & Quilter Agrees to Novate Management of ProSight’s Syndicate 1110
Oct 30 2017 // Randall & Quilter Investment Holdings Ltd. (R&Q) announced it has reached agreement with ProSight Specialty Insurance to novate the management of Syndicate 1110 to R&Q Managing Agency Ltd. (RQMA). Day-to-day...
Not All Expect Hurricanes to Bring 2018 P/C Insurance Hard Market
Oct 30 2017 // The worst hurricane season in modern U.S. history is starting to look like a blip on the charts of insurance stocks, with investors banking on a quick restoration of capital as firms rediscover pricing power. It’s a...
U.S. Wants Help Removing Regulations Blocking Autonomous Vehicles
Oct 30 2017 // The U.S. National Highway Traffic-Safety Administration said Friday it is looking for input on how it can remove regulatory roadblocks to self-driving cars. The auto safety agency said in a report that it wants to find any...
Loss Estimate for October 2016 Italian Quakes Rises to US$244.4M: PERILS
Oct 27 2017 // The property insurance market’s losses from the series of earthquakes to hit Central Italy between Oct. 26 and Oct. 30, 2016 has risen to €208 million (US$244.4 million), according to PERILS, the independent...
What Trump Declaring Opioid Crisis a Public Health Emergency Means
Oct 27 2017 // U.S. President Donald Trump declared the opioid crisis a public health emergency on Thursday, stopping short of a national emergency declaration he promised months ago that would have freed up more federal...
U.S. Cities Ranked Most Vulnerable to Coastal Floods Due to Climate Change
Oct 26 2017 // This week is the anniversary of Superstorm Sandy, which developed in late October and moved over the East Coast starting on Oct. 29, 2012, causing more than $70 billion in damage and killing 280 people. To mark that...
U.S. Attorney’s Office for Eastern District of Texas Creates Disaster Fraud Task Force
Oct 26 2017 // Acting United States Attorney Brit Featherston has established a Disaster Fraud Task Force in the Eastern District of Texas comprised of local, state, and federal agencies to combat hurricane Harvey related disaster fraud...
18 States Denied Bid for Emergency Order to Restore Obamacare Subsidies
Oct 26 2017 // A U.S. judge on Wednesday refused to block President Donald Trump’s decision to end subsidy payments to health insurers under Obamacare, handing Trump a victory against Democratic attorneys general who have regularly...
U.S. to Expand Testing of Drones
Oct 26 2017 // President Donald Trump launched a program on Wednesday to expand testing of drones to include flights over people, nighttime operations and flights out of sight of the operator, the White House said. The pilot program aims...
Best Areas in U.S. to Live to Avoid Natural Disasters
Oct 26 2017 // Tired of living with hurricanes, tornadoes or floods? Head to Portland, Salt Lake City or Providence. Or California. Yes, California. Portland, Oregon is the safest place to live to avoid hazardous weather; three of the...
Brit Global Specialty Adds Nationwide’s Mocio to U.S. Cyber Team
Oct 25 2017 // Brit Global Specialty has appointed Courtney Mocio as vice president, Cyber & Technology. In this role, Mocio will be responsible for helping to grow Brit’s cyber and technology portfolio in the U.S. Mocio brings...
Insurance Customers Slow to Adopt Mobile Claims Apps: J.D. Power
Oct 25 2017 // Despite a nationwide advertising blitz for mobile auto insurance apps and widespread use of digital channels to purchase insurance, U.S. auto insurance customers have been slow to adopt digital claims reporting, according...
