Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
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,...
New Climate Index Shows Extreme Weather Is Now 3 Times More Frequent
Jan 12 2017 // Extreme weather over the last five years has been occurring with a regularity that’s about three times the norm, according to a newly created index from a group of number crunchers. The Actuaries Climate Index, which...
Reinsurance Capacity Still Outpaces Demand Growth: Aon Benfield
Jan 12 2017 // Capacity continues to outpace the growth of reinsurance demand despite insurers’ continued efforts to optimize their view of reinsurance as capital and expand into growing lines of business and innovation, according...
Gaps in Insurance Cover Expose Shipping Firms to Cyber Risks
Jan 12 2017 // Shipping companies grappling with the threat of cyber attacks on vessels are finding insurance policies often fall short, officials involved in both industries say, a risk that could feed through into global...
U.S. Chamber Faces Challenges with Trump on Key Issues
Jan 11 2017 // The largest U.S. business lobby group on Wednesday said it could be a mistake to quickly repeal Obamacare without developing a replacement healthcare insurance plan and urged the incoming Trump administration not to erect...
Reuters: Beyond Flint, Thousands of Areas in U.S. Struggle with Lead Poisoning
Jan 11 2017 // On a sunny November afternoon in St. Joseph, Missouri, birthplace of the Pony Express and death spot of Jesse James, Lauranda Mignery watched her son Kadin, 2, dig in their front yard. As he played, she scolded him for...
House Kicks Off Year by Passing Sports Team Doctors’ Liability Bill
Jan 11 2017 // As Alabama and Clemson prepared for the national college football championship game kick-off the other day, the U.S. House of Representatives passed a bill on liability rules for sports medicine physicians and athletic...
Exiting U.S. Trade Rep Urges Trump to Uphold Trans-Pacific Trade Deal
Jan 11 2017 // President Barack Obama’s departing chief trade negotiator warned the Trump administration on Tuesday that it risked abdicating U.S. leadership in Asia by scrapping Obama’s 12-country Pacific Rim free trade...
