Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Insurers Pummeled by Car Dealers’ Claims for Hail-Damaged Vehicles
Jul 24 2017 // A hailstorm that pounded down on a Subaru dealership in Plano, Texas, barely lasted 30 minutes, but left behind a trail of smashed windows, dented hoods and millions of dollars’ worth of claims for an insurer to...
Deutsche Bank ($77M), JPMorgan ($71M) to Settle Libor Claims in U.S.
Jul 24 2017 // Deutsche Bank AG and JPMorgan Chase & Co. have agreed to pay a combined $148 million to end private U.S. antitrust litigation claiming they conspired with other banks to manipulate the yen Libor and Euroyen Tibor...
Study: California Insureds Would Pay $1.9B More if Congress Passes Border Adjustment Tax
Jul 24 2017 // Californians would face $1.9 billion in higher insurance costs if Congress passes a border adjustment tax as part of federal tax reform, according to a study issued in mid-July by the R Street Institute and the Pacific...
People – West
Jul 24 2017 // Woodruff-Sawyer & Co. has named Stephen Glazier vice president and casualty loss control specialist. Glazier is based at Woodruff-Sawyer’s Denver, Colo., office. He will serve as a casualty loss control...
FBI Tracked Nearly 300K Cyberattacks in U.S. in 2016
Jul 24 2017 // The FBI’s Internet Crime Complaint Center (IC3) last year tracked nearly 300,000 cyberattacks in the United States and those attacks resulted in more than $1.6 billion in total losses. But apparently those numbers...
Markel Hires Ferguson to New York-Based U.S. Excess Casualty Team
Jul 21 2017 // Markel Global Insurance, a division of Markel Corporation, has hired John Ferguson as a director of its New York-based U.S. Excess Casualty team. In his new role, Ferguson serves as the retail construction practice lead...
Fired OSHA Whistleblower Claims Investigator Turns Whistleblower
Jul 21 2017 // A fired U.S. whistleblower investigator says his old employer didn’t take whistleblowers seriously enough. So he’s lodging a complaint — with the same ex-employer he claims doesn’t take...
Cyber Attack on Ukrainian Medical Facilities Sets ‘Dangerous’ Precedent: Experts
Jul 21 2017 // Dr. Lidiia Podkopaieva was about to click “send” on an order of new surgical instruments when her computer monitor suddenly went dark. She speed-dialed the clinic’s technician but didn’t even have...
Talanx Acquires Generali’s Colombian Businesses for €30M (US$34.6M)
Jul 20 2017 // Talanx has acquired Generali Colombia Seguros Generales S.A. and its life insurance subsidiary, Generali Colombia Vida Compañia de Seguros S.A., for approximately €30 million (US$34.6 million) Generali explained that...
Catastrophes Cost Insurers $22B in 1H 2017; Economic Losses Totaled $53B: Aon
Jul 20 2017 // Global insured losses from natural disasters during the first half of 2017 are estimated at US$22 billion with 76 percent of these losses generated by U.S. events, according to a report issued by Impact Forecasting, Aon...
Daimler Recalls More Than 3 Million Mercedes-Benz Diesel Vehicles
Jul 20 2017 // Daimler AG moved to head off a growing crisis over emissions concerns by voluntarily recalling more than 3 million Mercedes-Benz diesel vehicles in Europe, marking the latest blow to the technology since Volkswagen...
Wal-Mart Greeter Who Became Plaintiff in Historic Class Action Dies In California
Jul 19 2017 // The Wal-Mart greeter who took the retail giant all the way to the U.S. Supreme Court in the largest gender bias class-action lawsuit in U.S. history has died. A niece, Rita Roland, says Betty Dukes died July 10 at her home...
House Committee Advances Bill to Let Autonomous Vehicles Bypass States
Jul 19 2017 // A U.S. House panel on Wednesday approved a sweeping proposal by voice vote to allow automakers to deploy up to 100,000 self-driving vehicles without meeting existing auto safety standards and bar states from imposing...
London MGA Nexus Acquires U.S.-Based Treaty MGA from ZON Re
Jul 19 2017 // Specialty insurance managing general agent Nexus Group said it has acquired the assets of Personal Accident Treaty Reinsurance MGA operated by ZON Re, a U.S. based treaty reinsurance managing underwriter and Lloyd’s...
Tillerson’s State Department Reorganization Sidelines Cybersecurity Unit: Report
Jul 19 2017 // Secretary of State Rex Tillerson is shutting down an office that coordinates cyber issues with other countries, according to two people familiar with the plan, in a move that critics said will diminish the U.S. voice in...
Mad Cow Disease Found in Alabama But No Threat to Humans Detected
Jul 19 2017 // An 11-year-old cow in Alabama tested positive for bovine spongiform encephalopathy (BSE), commonly known as mad cow disease, the U.S. Department of Agriculture said on Tuesday. The cow tested positive for the atypical...
Senate GOP Fails with Obamacare Repeal Effort
Jul 18 2017 // Republican efforts to overhaul or repeal Obamacare collapsed in the U.S. Senate on Tuesday, dealing a sharp setback to President Donald Trump and the Republican Party’s seven-year quest to kill former President...
Marsh Hires deLaricheliere to Lead U.S. Banking and Capital Markets Practice
Jul 18 2017 // Marsh has hired Alex deLaricheliere to lead its U.S. Banking and Capital Markets Practice. In this newly created role, deLaricheliere is responsible for ensuring that Marsh delivers its risk advisory and transactional...
Idaho Manure Pond Deaths Raise Concerns About Farmworker Safety
Jul 18 2017 // It was still dark the morning Ruperto Vazquez-Carrera began his shift at Sunrise Organic Dairy in Idaho. It was mid-February 2016. A winter heat wave had melted snow and ice overnight, flooding part of the rural Jerome...
Insured Losses from Central Alberta Storm Estimated at US$23.7M
Jul 18 2017 // A severe storm that swept through central Alberta during the third week of June has resulted in more than C$30 million (US$23.7 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted a...
