Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Top 3 Causes of Global Liability Claims = 60% of Value: Allianz Report
Apr 5 2017 // Defective product/work quality issues, crashes and human error are listed as the top causes of liability loss for businesses, according to a report published by Allianz Global Corporate Specialty (AGCS). Collectively,...
U.S. Supreme Court to Hear if Arab Bank Is Financially Liable for Terrorist Attacks
Apr 4 2017 // The U.S. Supreme Court on Monday agreed to consider reviving litigation seeking to hold Arab Bank Plc financially liable for militant attacks in Israel and the Palestinian territories that accused the Jordan-based bank of...
As Supreme Court Justice, Gorsuch Could Influence Trump Climate, Deregulation Agenda
Apr 3 2017 // Donald Trump’s Supreme Court nominee could help decide the fate of his moves to undo climate-related U.S. regulations, but legal experts said Neil Gorsuch’s judicial record makes it hard to predict whether as a...
Illinois Company to Pay $325K to Settle Federal Discrimination Suit
Apr 3 2017 // Decatur, Ill.-based company King-Lar will pay $325,000 to settle a federal discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). In its lawsuit, the EEOC accused King-Lar, which provides...
Global Momentum to Curb Climate Change Proceeds Despite Trump: UN
Apr 3 2017 // Governments have created “worldwide momentum” to slow climate change despite threats by U.S. President Donald Trump to pull out of the 2015 Paris Agreement to slash greenhouse gas emissions, the U.N.’s...
Insurtech Startups Take Note: Traditional Insurers Score Highest Ever Satisfaction Grades
Apr 3 2017 // Those uppity insurtech startups might want to take note: About one of every 15 U.S. homeowners insurance policyholders files a claim each year, and these claimants are now giving insurers their highest ever satisfaction...
USGS Forecasts Lower Overall Seismic Hazard for Oklahoma in 2017
Apr 3 2017 // Oklahoma experienced fewer earthquakes last year compared with 2015 and a recent study of human-induced earthquakes predicts another year of reduced seismicity for the state in 2017. The U.S. Geological Survey warns,...
USGS Lowers Seismic Hazard Forecast for Oklahoma in 2017
Mar 31 2017 // Oklahoma experienced fewer earthquakes last year compared with 2015 and a recent study of human-induced earthquakes predicts another year of reduced seismicity for the state in 2017. The U.S. Geological Survey warns,...
Artificial Intelligence, IoT Startups Gaining in Global Insurtech Funding
Mar 31 2017 // Investing in technology-oriented insurance ventures (insurtech) is clearly a global trend and almost half of all the money being poured into them globally is going into artificial intelligence and internet of things...
What Could be Hotter than Phoenix? The Answer Might Just Be Phoenix
Mar 30 2017 // Can you imagine an even hotter, drier Phoenix? Certainly not if you’ve been to the sun-drenched Arizona capital in the summer. Such an inconceivable scenario is being proposed by the LA Times. “Today, Phoenix...
Personal Auto Rate Hikes Not Keeping Up with Losses: Fitch
Mar 30 2017 // U.S. personal auto underwriters increased premium rates “significantly” in 2016. But here’s the thing: it wasn’t enough. Loss trends are still outpacing rate changes. Also, the U.S. P/C industry...
Volkswagen Reaches Another Diesel Claims Settlement with 10 States for $157 Million
Mar 30 2017 // Volkswagen AG said Thursday it has agreed to settle environmental claims from 10 U.S. states over its excess diesel emissions for $157.45 million as the world’s largest automaker looks to move past the scandal. The...
Exxon Dealt a Blow as Texas Judge Sends Climate Suit to New York
Mar 30 2017 // Exxon Mobil Corp.’s attempt to derail a multistate fraud probe into whether the company fully disclosed to investors the financial risks of climate change was dealt a major blow after a Texas judge moved the case...
Heist of $81M from Bangladesh Bank Blamed on ‘State-Sponsored Attack’
Mar 30 2017 // The heist of $81 million from the Bangladesh central bank’s account at the New York Federal Reserve last year was “state-sponsored,” an FBI officer in the Philippines, who has been involved in the...
Bedbugs, Peacocks Among Animal Insurance Claims by Businesses
Mar 30 2017 // Bedbugs in hotel rooms and aggressive peacocks are some of the creatures behind an uptick in animal-related insurance claims filed by U.S. businesses, according to a study published on Thursday by insurer Allianz SE . U.S....
Chipotle Blocks One Class Action On Overtime Pay as Another Advances
Mar 30 2017 // A federal judge on Wednesday granted a bid by Chipotle Mexican Grill Inc. to undo a class action lawsuit by manager trainees in six states who say they were unlawfully denied overtime pay. U.S. District Judge Andrew Carter...
Drone Maker DJI Offers Operator ID Framework
Mar 29 2017 // The world’s largest maker of unmanned aircraft systems (UAS), China’s DJI, has proposed an electronic identification framework for UAS that would allow authorities in the United States to identify drone owners...
Republicans Ask Treasury to End ‘Too Big To Fail’ Process for Non-Banks
Mar 29 2017 // Key Senate Republicans urged the Trump administration to rethink the process for labeling firms whose failure could threaten the financial system, arguing it has led to substantial regulatory costs. The Financial Stability...
Court Blocks U.S. Suits by Jewish Families Against Palestinian Authority
Mar 29 2017 // A federal appeals court says the families of Jewish worshippers who were killed or wounded during a 2011 attack in the West Bank can’t sue the Palestinian Authority for damages in U.S. courts. The decision last...
Trump Moves to Undo Federal Climate Change Policies
Mar 28 2017 // President Donald Trump is moving aggressively to undo policies designed to keep the carbon-cutting promises the U.S. made alongside nearly 200 other countries in Paris, while stopping short of a decision to formally...
