Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
3 Automakers Recalling 2.7 Million More Takata Air Bag Inflators
Jul 12 2017 // The U.S. National Highway Traffic Safety Administration said Tuesday that new testing is prompting Takata Corp. to declare 2.7 million air bag inflators defective in Ford Motor Co., Nissan Motor Co. and Mazda Motor Corp....
U.S. Risk Insurance Group Acquires IMS London American
Jul 11 2017 // Property/casualty wholesaler, U.S. Risk Insurance Group LLC, has acquired Texas-based IMS London American Brokerage and Underwriting Services. IMS President Larry Mennes has been named president of U.S. Risk’s...
Silicon Valley Honors Munich Re US and Mozeika for Insurtech Leadership
Jul 11 2017 // A Silicon Valley innovation platform that connects technology startups, corporations and investors has recognized Munich Re, US for leadership in the insurtech space. The high-tech incubator and mentoring group known as...
More Senior Citizens Working Past Retirement Age
Jul 11 2017 // More and more Americans are spending their golden years on the job. Almost 19 percent of people 65 or older were working at least part-time in the second quarter of 2017, according to the U.S. jobs report released on...
California Blazes Among Numerous Wildfires in Western U.S.
Jul 10 2017 // Two major wildfires in California that have forced nearly 8,000 people out of their homes are among numerous fires in the Western U.S. that have barreled across the baking landscape, destroying property. About 4,000 people...
In America’s Richest State, the Capital Flirts with Bankruptcy
Jul 10 2017 // The hedge-fund enclave of Greenwich, on the Connecticut Gold Coast, is about 100 miles and a world away from the state capital. But the fiscal crisis in Hartford, the historic center of the American insurance industry, is...
June Catastrophes Cost Global Economy $5 Billion; U.S. Storms Dominate: Aon
Jul 10 2017 // Floods and storms cost the global economy more than $5 billion in June, with most of those losses generated in the United States, according to an Aon catastrophe report. In the U.S., large hail, tornadoes, straight-line...
U.S. Risk Insurance Group, LLC Announces the Acquisition of IMS London American
Jul 10 2017 // Dallas, TX, July 10, 2017— U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property & Casualty wholesaler, announced today that it has acquired IMS London American Brokerage and Underwriting Services...
Deluges Follow Droughts as ‘Hydrological Extremes’ Become ‘New Normal’
Jul 10 2017 // Texas struggled through its driest year in history in 2011. Four years later was its wettest ever. The Mississippi River rose to all-time-high flood levels in 2011. In 2012, its second-lowest. After a six-year drought that...
People
Jul 10 2017 // Kansas City-based insurance broker Lockton has named Jeff Henningsen as president of its Houston property/casualty insurance operation. Henningsen will take on an expanded leadership role in business development for the...
Zika Outbreak in U.S. Would Cost from $180 Million to $10 Billion
Jul 10 2017 // Even a relatively mild Zika outbreak in the United States could cost more than $183 million in medical costs and productivity losses, while a more severe one could result in $1.2 billion or more in medical costs and...
Munich Re US Launches Commercial Drone Operator Liability Endorsement
Jul 7 2017 // Munich Reinsurance America Inc. (Munich Re, US), has launched a new commercial drone insurance product that offers customized liability for insurance companies and their small-to-medium size businesses using drones under...
Truck Speeding Fix Among Safety Rules Halted by Trump Anti-Regulation Order
Jul 7 2017 // Years of pleas from parents whose son was killed by a speeding tractor-trailer, buy-in from some truckers and the promise of fewer highway deaths convinced U.S. officials in September to propose requiring speed-limiting...
5.4M U.S. Homes at Risk from Sea Level Rise, Report Using Census Data Shows
Jul 6 2017 // Nearly 10 million people living in 5.4 million homes have a high risk from rising sea levels and will be adversely impacted by climate change, according to a new report that takes data from U.S. Census tracts near the...
Global Premium Growth Slows in 2016 – with China as Exception: Swiss Re
Jul 6 2017 // Global insurance premiums increased by 3.1 percent in real terms during 2016, down from growth of 4.3 percent reported in 2015, according to Swiss Re Institute’s sigma study. The report described last year’s...
Everest Insurance Adds Zurich’s Hunter in Western U.S.
Jul 5 2017 // Everest Re Group Ltd. has named Molly Hunter as a vice president on the marketing and distribution team in the Western U.S. region. Hunter most recently was a senior vice president and global relationship leader at Zurich...
Facebook Escapes U.S. Privacy Lawsuit Over User Tracking
Jul 5 2017 // A U.S. judge has dismissed nationwide litigation accusing Facebook Inc. of tracking users’ internet activity even after they logged out of the social media website. In a decision late on Friday, U.S. District Judge...
Arizona Residents Evacuated as Wildfires Sweep Western U.S.
Jun 30 2017 // An Arizona wildfire that forced thousands from their homes and came dangerously close to consuming a town was 43 percent contained by Thursday evening, authorities said. Roughly 1,400 evacuated residents of the community...
Federal Judge Permits Some VW Investor Claims Over Diesel Scandal
Jun 30 2017 // A federal judge in California on Wednesday allowed some claims to proceed by investors who sued Volkswagen AG over its diesel emissions scandal, but agreed to the German automaker’s request to dismiss parts of the...
Appeals Spent, Iowa Egg Executives in Salmonella Case Ordered to Prison
Jun 29 2017 // A father and son whose Iowa-based egg production company caused a massive 2010 salmonella outbreak have exhausted their appeals and a federal judge has ordered them to begin serving prison sentences. The U.S. Supreme Court...
