Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Houston Manufacturer to Pay $150K to Settle Discrimination, Retaliation Suit
Apr 18 2017 // A Houston manufacturing facility has agreed to pay $150,000 and to provide other significant relief to settle a religious discrimination and retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission...
China’s Ant Financial Raises Bid for Fintech Firm, MoneyGram, by 36%
Apr 17 2017 // China’s Ant Financial has sweetened its bid for MoneyGram International Inc by 36 percent, beating a rival offer to gain approval from the U.S. electronic payment firm’s board, although it still faces...
China’s Anbang to Abandon Attempt to Buy FGL: Sources
Apr 17 2017 // China’s Anbang Insurance Group will let its agreement to acquire U.S. annuities and life insurer Fidelity & Guaranty Life (FGL) for $1.6 billion lapse, after failing to secure all the necessary regulatory...
Direct to Consumer Genetic Testing: Risks and Opportunities
Apr 14 2017 // Accurate genetic testing stands to transform modern medicine by offering effective, personalized treatment. Last week, the U.S. Food and Drug Administration (FDA) authorized marketing of the first direct-to-consumer (DTC)...
1 Killed in Explosion at Army Ammunition Plant in Missouri
Apr 13 2017 // An explosion on April 11 at a sprawling ammunition plant near Kansas City, Missouri, killed one worker and injured four others, the U.S. Army said. The blast at the Lake City Army Ammunition Plant in Independence, just...
Markel Names Mozingo to Grow Global Business with U.S. Brokers
Apr 13 2017 // Markel Corporation reported thatGlenn Mozingohas been named managing director, Global Insurance Business Development, and corporate account executive. In this new role, Mozingo will serve as a key point of contact for...
U.S. Regulators Say Students at Risk in Baltimore School Buses
Apr 13 2017 // The U.S. National Transportation Safety Board is urgently recommending an independent audit of the Baltimore schools’ transportation department, saying students remain at risk after a crash that killed six...
Insured Losses for Europe’s Storm Zeus Estimated at US$200M: PERILS
Apr 13 2017 // The initial estimate of insured property market losses for extratropical cyclone Zeus, which mainly hit France on March 6-7, is €192 million (US$200 million), according to PERILS, the independent Zurich-based...
Zurich Buys Australia’s Largest Travel Insurer, Cover-More, for US$551M
Apr 13 2017 // Zurich Insurance Group has successfully acquired Cover-More Group Ltd., a leading travel insurance and assistance solutions provider based in Sydney with a strong market position in Australia, India and the U.S. This...
United Passenger’s Lawyers Preparing to Drag Airline Into Court
Apr 13 2017 // Lawyers for the passenger dragged from a United Airlines plane in Chicago filed an emergency request with an Illinois state court on Wednesday to require the carrier to preserve video recordings and other evidence related...
Goldman Sachs Loses Bid to Limit Class Action Alleging Gender Discrimination
Apr 13 2017 // A federal judge on Wednesday rejected Goldman Sachs Group Inc.’s bid to dismiss two of the four female plaintiffs in a proposed class-action lawsuit accusing the bank of discriminating against women in pay and...
Third Point Re Names Berkshire Hathaway’s Govrin to U.S. Underwriting Post
Apr 12 2017 // David Govrin has been appointed to the position of executive vice president of underwriting for Third Point Reinsurance (USA) Ltd. Govrin brings 25 years of experience in the insurance industry to his new role. Prior to...
Costly Business Disruptor: Aging U.S. Infrastructure
Apr 12 2017 // When a train jumped the tracks this past week at New York’s Penn Station, the seemingly minor accident led to a cascade of exasperating delays for hundreds of thousands of commuters. When a flood forced authorities...
U.S. Risk, Aspen Insurance to Offer Specialty Marine Product
Apr 11 2017 // U.S. Risk, LLC has formed a strategic alliance with Aspen American Insurance Co., a subsidiary of Aspen Insurance Holdings Limited, to offer a specialty insurance product designed for the marine industry which will provide...
Ohio Physician Pleads Guilty to Role in Pill Mill
Apr 11 2017 // Margaret Temponeras, 52, of Portsmouth, Ohio, has pleaded guilty in U.S. District Court to conspiracy to distribute a controlled substance, which she did through a pain clinic and dispensary, according to the U.S....
Chicago’s HDI Global Insurance Adds to U.S. Engineering, Construction Team
Apr 11 2017 // Industrial lines insurer HDI Global Insurance Co., based in Chicago, has added personnel to its Engineering Lines and Construction division. Mark Groenheide, vice president, engineering lines underwriting manager, is...
U.S. Fund Payouts to Terrorism Victims to Reach $1 Billion
Apr 11 2017 // The Justice Department said it has made payments totaling more than $800 million from the U.S. Victims of State Sponsored Terrorism Fund to compensate thousands of U.S. victims of international acts of terrorism by state...
Looks Like Below-Average Atlantic Hurricane Season, Say Colorado Forecasters
Apr 11 2017 // Colorado State University hurricane researchers are predicting a slightly below-average Atlantic hurricane season in 2017, citing the potential development of El Niño as well as recent anomalous cooling in the tropical...
Michigan Company to Pay $84,750 to Settle Sex Discrimination Suit
Apr 10 2017 // Country Fresh LLC, a milk manufacturer in Livonia, Mich., will pay $84,750 to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. The...
Google Defends Employment Practices After U.S. Alleges Gender Pay Gap
Apr 10 2017 // Government investigators looking into how Google pays its employees have accused the tech giant of shortchanging women doing similar work to men. A U.S. Department of Labor official disclosed the agency’s allegations...
