Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
100 Cities Ranked by Home Fire Risk: The Hartford
Mar 14 2017 // According to The Hartford Home Fire Index, which ranks 100 cities based on their home fire risk, the top five highest risks are: Detroit, Mich.; Shreveport, La.; Boston, Mass.; Flint, Mich. and Richmond, Va. Cities ranked...
U.S. Chipmaker Intel to Enter Driverless Car Tech with Acquisition of Mobileye
Mar 13 2017 // Intel Corp. will acquire Mobileye NV for about $15 billion, paying one of the highest takeover premiums this century to play catch-up in the market for technology that helps cars drive themselves. The U.S. chipmaker will...
Under Republican Health Plan, 24 Million Could Lose Insurance While Deficit Is Cut $337 Billion: CBO
Mar 13 2017 // Fourteen million Americans would lose medical insurance by next year under a Republican plan to dismantle Obamacare that would also reduce the budget deficit, the nonpartisan U.S. Congressional Budget Office said on...
Travelers to Buy UK-Based Simply Business for $490M
Mar 13 2017 // The Travelers Cos. Inc. announced it has agreed to acquire Simply Business from Aquiline Capital Partners LLC for approximately $490 million, which includes the repayment of debt and other obligations at closing. Operating...
UK’s Terrorism Reinsurer, Pool Re, Plans to Extend Cover to Include Cyber
Mar 13 2017 // Britain’s 6 billion pounds ($7.3 billion) terrorism reinsurance fund hopes to extend its cover to include cyber attacks on property, chief executive Julian Enoizi said. Pool Re, set up in 1993, acts as a backstop to...
Automakers Recalled Record 53 Million Vehicles in U.S. in 2016
Mar 13 2017 // Automakers recalled a record 53.2 million vehicles in 2016 in the United States after a massive expansion of the callback to replace Takata Corp. air bag inflators, the U.S. Transportation Department said on Friday. Under...
Louisiana Woman Pleads Guilty in Texas in Opioid Pill Mill Case
Mar 9 2017 // Carolina Giselle Berrio, a/k/a “Carolina Slocum Berrio,” “Karrie,” 37, of Lafayette, Louisiana is the latest defendant to plead guilty to being involved in a large opioid “pill mill”...
Weather Events in U.S., Australia Cost Insurers $1B+ in February: Aon
Mar 9 2017 // Insurers face claims of more than US$1.0 billion as a result of severe weather events in the U.S. and Australia during February, according to a report published by Impact Forecasting, Aon Benfield’s catastrophe model...
WikiLeaks Documents Shows CIA Worried About Connected Vehicle Cybersecurity
Mar 9 2017 // WikiLeaks documents showing the U.S. Central Intelligence Agency considered a “mission” against connected car technology underscores auto industry concern that the science behind the next generation of vehicles...
Oil Companies Land a Victory in Louisiana Coastal Lawsuit
Mar 8 2017 // A federal appeals court on March 3 refused to revive a Louisiana levee board’s lawsuit blaming dozens of oil and gas companies for damage to the state’s fragile coast, a major victory for energy companies and...
Report: Energy Sector’s Lack of Sensors, Controls Tempts Hackers
Mar 7 2017 // Oil and gas companies, including some of the most celebrated industry names in the Houston area, are facing increasingly sophisticated hackers seeking to steal trade secrets and disrupt operations, according to a newspaper...
Texas Ex-Postal Employee Sentenced for Workers’ Comp Fraud Scheme
Mar 7 2017 // McArthur Baker, 69, a former U.S. Postal Service employee, has been sentenced to 21 months in federal prison for his role in a scheme to defraud the Department of Labor’s (DOL) Office of Workers’ Compensation...
Federal Contractor Disclosure Rule Next on Trump Chopping Block
Mar 7 2017 // Republicans in the U.S. Senate passed a measure to eliminate an Obama administration rule that would require prospective federal contractors to report violations of more than a dozen U.S. labor and employment laws. On a...
Humans to Blame for More Than 80% of U.S. Wildfires
Mar 7 2017 // Humans have been the culprits behind hundreds of thousands of wildfires in recent decades, and they will probably make things a whole lot worse in coming years. Research from the University of Colorado Boulder finds that...
Deadly Bird Flu Found at Tennessee Chicken Farm That Supplies Tyson
Mar 6 2017 // A deadly form of bird flu has been confirmed in a southern Tennessee operation that supplies Tyson Foods Inc. with chickens, marking the first U.S. case at a commercial farm this year and prompting South Korea to ban...
People
Mar 6 2017 // Texas Insurance Commissioner David Mattax has been reappointed to the post by Gov. Greg Abbott, the governor’s office announced. His term expires Feb. 1, 2019. Mattax has served as insurance commissioner since...
Confusing, Costly Cyber Policies Create Obstacles to Market Growth: Deloitte
Mar 3 2017 // Despite the rising profile of cyber risks, buyers have failed to widely embrace cyber coverage. At the same time, insurers generally have remained cautious about writing the coverage on a large scale basis. A recent report...
Whistleblower Loses Out on $864M Moody’s Ratings Settlement
Mar 3 2017 // A federal judge on Thursday dismissed a whistleblower lawsuit by a former Moody’s Investors Service managing director and said he deserves none of the $863.8 million that Moody’s agreed to pay to settle claims...
Nationwide Says Extreme Weather Brings Bigger Claims, Need for Disaster Plans
Mar 2 2017 // More extreme weather has led to more extreme insurance claims in the U.S. over the past few years. In a review of more than 100,000 commercial catastrophe claims during a 10-year period, Mark A. Anderson, a claims...
Owner of Northern Illinois Insurance Agency Charged with Defrauding Clients
Mar 2 2017 // The owner of a Rockford, Illinois-based managing general agency that last year had its license revoked or non-renewed by two separate state insurance departments has been indicted by a federal grand jury for mail and...
