Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Business Leaders Urge New Job Policies as Technology Displaces Workers
Jan 23 2017 // Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines. And while business leaders gathered at the annual World Economic Forum...
AIG Signs Major Reinsurance Deal with Berkshire’s National Indemnity
Jan 20 2017 // American International Group Inc. announced that it has entered into a reinsurance agreement covering many of the long-term risks on previously-written commercial insurance policies. The agreement, with National Indemnity...
Brexit Cost Implications to Weigh on UK Re/Insurers: A.M. Best Report
Jan 20 2017 // The cost implications of the loss of passporting rights after the UK exits the European Union will weigh on re/insurers, as will any resultant economic downturn. However, A.M. Best does not anticipate taking any rating...
Court Upholds Blankenship Conviction Over Fatal West Virginia Mine Blast
Jan 20 2017 // A federal appeals court on Thursday rejected former Massey Energy Co Chief Executive Officer Donald Blankenship’s bid to overturn his conviction and one-year prison sentence related to his role in a 2010 West...
State Agency Advocates for Self-Driving Car Legislation in Maryland
Jan 19 2017 // Maryland state’s Motor Vehicle Administration is advocating legislation that would transfer regulatory power of self-driving cars to the agency and the state police, saying the change may improve safety on Maryland...
Canada’s Energy Firms at Risk from Cyber, Bomb Attacks: Security Service
Jan 19 2017 // Canada’s main spy agency last year warned energy companies about an increasing risk of cyber espionage and attacks on pipelines, oil storage and shipment facilities and power transmission towers using homemade...
Global Temperatures Hit Record High for 3rd Year in Row in 2016
Jan 19 2017 // World temperatures hit a record high for the third year in a row in 2016, creeping closer to a ceiling set by the Paris climate change deal, with extremes including unprecedented heat in India and ice melt in the Arctic,...
Expect the Unexpected in U.S. Casualty Insurance Market in 2017: Marsh
Jan 19 2017 // Insurers and customers are increasingly embracing the Internet of Things but greater reliance on these technologies could bring problems that ripple through an entire connected system. The unintended consequences from...
White Mountain’s OneBeacon Reported to Be Up for Sale
Jan 18 2017 // OneBeacon Insurance Group Ltd., the specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, people familiar with the matter said. The Bermuda-based company recently began working with...
High-Flying Drone Market Comes Down to Earth Earlier Than Expected
Jan 18 2017 // Attendees at the Consumer Electronics Show in Las Vegas earlier this month could play around with a dizzying array of unmanned aerial vehicles. Drones that take selfies. Drones equipped with thermal imaging cameras to see...
26% of Natural Disaster Economic Losses in 2016 Were Insured: Aon Benfield Cat Report
Jan 17 2017 // Overall, just 26 percent ($54 billion) of overall economic losses caused by natural disasters worldwide during 2016 were covered by insurance as a higher percentage of damage occurred in areas with a lower insurance...
Supreme Court to Decide If Employee Arbitration Clauses Are Enforceable Nationwide
Jan 17 2017 // The U.S. Supreme Court on Friday agreed to consider whether companies can head off costly class action lawsuits by forcing employees to give up their right to pursue work-related legal claims in court as a group. The...
Strong US Dollar Is Biggest Risk Ahead for 2017: Allianz’ El-Erian
Jan 17 2017 // Global growth could be better than expected in 2017, though many uncertainties remain that could impact expansion, with the biggest of them being steep gains in the U.S. currency, Allianz’s Mohamed A. El-Erian said...
Global Marine Insurers Develop Coverage Options for Iran Oil Exports
Jan 17 2017 // Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from next month after striking a deal to provide cover without involving U.S.-domiciled reinsurers, officials in Tokyo and...
Arkansas Man Gets Five Years in Prison for $1.6M Insurance Fraud
Jan 13 2017 // A Fort Smith, Ark., man has been sentenced to five years in federal prison plus three years of supervised release for defrauding insurance customers, federal authorities say. Kenneth Elser, United States Attorney for the...
U.S. and EU Reach Agreement on Insurance Regulation
Jan 13 2017 // United States and European Union negotiators say they have reached an agreement on reinsurance and insurance regulation. The agreement covers three areas of insurance oversight: reinsurance, group supervision and the...
U.S. Charges Chrysler with Diesel Emissions Cheating
Jan 13 2017 // Fiat Chrysler Automobiles NV was accused of violating pollution laws with 104,000 diesel vehicles, sending the shares plunging on the prospect the automaker may follow Volkswagen AG in facing billions of dollars in...
6 Key Trends in Workplace Litigation for 2017
Jan 13 2017 // The environment for employment litigation has more than ever been shaped by Supreme Court judges and settlements for wage and hour class actions rose in 2016 while those for other employment-related claims fell, according...
Takata Nears $1 Billion Settlement with U.S. Over Faulty Air Bags
Jan 13 2017 // Japan’s Takata Corp. is expected to plead guilty to criminal wrongdoing as early as Friday as part of a $1 billion settlement with the U.S. Justice Department over its handling of air bag ruptures linked to 16 deaths...
More Drug Companies Vow to Limit Price Increases
Jan 13 2017 // Grappling with a backlash against high U.S. prescription drug prices, more pharmaceutical companies are pledging to limit annual increases to under 10 percent – but the tactic is doing little to salve critics,...
