Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Mass. Behavioral Health Facility Faces $207K in Fines for OSHA Violations
Aug 16 2017 // A Massachusetts behavioral health facility faces $207,690 in proposed penalties from the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) for violations found while conducting a...
Appeals Court Answers Supreme Court, Finds Injury in Spokeo False Profile Claim
Aug 16 2017 // A federal appeals court on Tuesday revived a California man’s lawsuit accusing Spokeo Inc. of publishing an online profile about him that was filled with mistakes. The 9th U.S. Circuit Court of Appeals ruled 3-0 in...
Center for Auto Safety Names Levine to Succeed Ditlow as Executive Director
Aug 16 2017 // The non-profit Center for Auto Safety has appointed Jason K. Levine as its new executive director. Levine succeeds the late Clarence M. Ditlow III, who headed the organization for 40 years. Ditlow died from cancer last...
Trump Infrastructure Plan to Nix Obama’s Flood Risk Standards
Aug 15 2017 // President Donald Trump will revoke an Obama-era executive order on Tuesday that required strict building standards for government-funded projects to reduce exposure to increased flooding from sea level rise, sources...
Chubb’s Rhyner Named President of Navigators Professional Lines in U.S.
Aug 15 2017 // James L. Rhyner has been appointed president of the Navigators Pro division of Navigators Management Co., the U.S. underwriting operation. In this role, Rhyner will lead Navigators’ U.S. directors and officers...
Ohio Parents Test School Liability in Bullying, Child Suicide Case
Aug 14 2017 // The parents of an 8-year-old Ohio boy who hanged himself from his bunk bed with a necktie want school officials held responsible, testing the issue of school liability in suicides blamed on bullying. The wrongful death...
Cyber Spies with Possible Russian Links Targeted European Hotel Guests: FireEye
Aug 11 2017 // A cyber-spying group with suspected links to Russian military intelligence was probably behind a campaign targeting hotel guests in eight mostly European countries last month, researchers at security firm FireEye said on...
Trump Delivers To-Do List for McConnell: Repeal & Replace, Infrastructure, Tax-Code
Aug 11 2017 // President Donald Trump laid out a path for Senate Majority Leader Mitch McConnell to get back in his good graces: replace Obamacare, overhaul the U.S. tax code and find a way to pay for big infrastructure improvements. Yet...
Zurich Reports 21% Hike in Net Income as Restructuring Program Takes Hold
Aug 11 2017 // Zurich Insurance says its restructuring program is on track to achieve its goals over the next few years, continuing its work on cutting expenses, stabilizing its property and casualty business and rebalancing its...
Global Insurance M&A in H1 Drops to Lowest Point in 2 Years: Clyde & Co.
Aug 10 2017 // The volume of completed mergers and acquisitions (M&A) in the global insurance industry continued dropping during the first six months of 2017 to 170 deals, compared to 186 deals reported for the second half of 2016,...
Takata Files for U.S. Bankruptcy to Halt Air Bag Lawsuits
Aug 10 2017 // Japanese auto supplier Takata Corp. filed for U.S. bankruptcy protection on Wednesday in an effort to pause lawsuits against the company over faulty air bag inflators – more than a month after its U.S. unit filed for...
New Hampshire Sues Purdue Pharma Over Opioid Marketing Practices
Aug 9 2017 // New Hampshire sued OxyContin maker Purdue Pharma LP on Tuesday, joining several state and local governments in accusing the drugmaker of engaging in deceptive marketing practices that have helped fuel a national opioid...
Asia Floods Bring Economic Damages of More Than $10B in July: Aon Report
Aug 9 2017 // The vast majority of global natural disasters during July were the result of severe flooding across the Asian region, bringing more than $10 billion in economic damages, according to a report published by Impact...
Shell Plans to Restart Europe’s Biggest Oil Refinery After Recent Fire
Aug 9 2017 // Royal Dutch Shell Plc will attempt on Friday to restart one of two crude units at Europe’s biggest oil refinery that were halted by a fire late last month, a person with knowledge of the matter said. European diesel...
Generali Agrees to Sell Panama Business to ASSA for US$172 Million
Aug 8 2017 // Generali has entered into an agreement to sell its Panama business to ASSA Compañía de Seguros S.A., for US$172 million, continuing its strategy to focus on core businesses. Under the transaction, which is subject to...
Fatalities Rising as Coal Mine Production Increases
Aug 8 2017 // Ray Hatfield Jr. was six months into his latest coal job when he was crushed to death in a Kentucky mine. Hatfield, a 23-year industry veteran, was cleaning a conveyor belt that shuttled coal to the surface of the...
Catastrophe Bond Market Breaks New Records in 2nd Quarter, 1st Half: Aon Study
Aug 7 2017 // Catastrophe bond issuance during the second quarter stood at US$6.38 billion across 20 transactions – a new record for quarterly issuance that surpassed the previous record of US$4.49 billion set in Q2 2014, according to...
Cyber Attacks Against Ships’ GPS Systems Prompts Return of Radio as Backup
Aug 7 2017 // The risk of cyber attacks targeting ships’ satellite navigation is pushing nations to delve back through history and develop back-up systems with roots in World War Two radio technology. Ships use GPS (Global...
Saudi Arabia Denies Link to 9/11 Attacks, Seeks Exit from $100B Lawsuit
Aug 7 2017 // Saudi Arabia on Tuesday asked to be dropped from a Sept. 11 lawsuit victims’ families filed, saying no evidence links it to the deadly terrorist act. Lawyers for Saudi Arabia made the request in papers filed in...
Business Moves
Aug 7 2017 // Markel, State National Markel Corp. will acquire Texas-based State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue...
