Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Obama Expected to Veto Bill Allowing 9/11 Suits Against Saudis
Sep 11 2016 // The unopposed House vote Friday to allow families of Sept. 11 victims to sue Saudi Arabia begins a diplomatic nightmare for President Barack Obama. The legislation is sure to antagonize a key U.S. ally in the Middle East...
Viewpoint: How Trade Agreements Could Help P/C Insurers in Global Market
Sep 8 2016 // The insurance industry and its consumers need to be concerned about the recent rise of protectionist policies in markets around the globe. Our industry has played an important role in building a more open, interconnected...
Lloyd’s Wins Right to Keep Oklahoma Quake Damage Lawsuit in New York
Sep 8 2016 // Lloyd’s of London has kept its lawsuit against New Dominion LLC over fracking out of the state where the ground is shaking. A federal judge in New York agreed Wednesday to decide the lawsuit by Lloyd’s seeking...
Atlas General Insurance Services Named One of the Fastest Growing Companies in the U.S. by Inc.
Sep 8 2016 // San Diego, CA, September 8, 2016 – Atlas General Insurance Services, LLC (‘Atlas’), a national multi-line program administrator, was named one of the fastest growing privately-owned companies in the U.S. by...
Appeals Court Grants Uber Pro-Arbitration Ruling, Thwarting Drivers’ Class Action
Sep 7 2016 // Uber Technologies Inc.’s arbitration agreements were largely ruled by an appeals court to be valid and enforceable in a blow to driver efforts to secure the benefits and protections of employees in California. The...
Congress Likely to Pass Bill Allowing 9/11 Victims to Sue Saudi Arabia
Sep 7 2016 // The U.S. House of Representatives plans to vote this week on Senate-passed legislation that would allow families of the Sept. 11 victims to sue Saudi Arabia for liability in the attacks. Rep. Peter King of New York, the...
In Flood Risk Modeling, Resolution Matters – Even When You Think It Shouldn’t
Sep 7 2016 // This post is part of a series sponsored by CoreLogic. We have all seen the dramatic pictures of destruction and loss after a devastating flood event. Usually, the scene is depicted as a sea of water inundating broad areas...
GM Settles Bellwether Ignition Switch Cases Before Trial
Sep 7 2016 // General Motors Co. settled the final two bellwether cases over ignition switch flaws scheduled for trial in federal court in New York, averting one set to begin next week. Terms of the settlements are confidential,...
Court Allows Banana Farmers’ Toxic Pesticide Claims Against Fruit, Chemical Firms
Sep 7 2016 // Hundreds of banana farmers from Central America and South America will again have their day in court, after a U.S. appeals court on Friday revived six lawsuits accusing several big fruit and chemical companies of sickening...
Hudson Insurance Launches Commercial Excess & Umbrella Unit, Taps Farrell to Lead
Sep 6 2016 // Hudson Insurance Group has launched its new commercial excess and umbrella business unit that will provide coverage on a non-admitted basis in all 50 states. Led by Thomas Farrell, the unit will operate on a limited...
California’s Deal with VW in Diesel Cheating Scandal OK’d by Judge
Sep 6 2016 // Volkswagen AG’s agreement with California to resolve unfair competition claims tied to the company’s emissions-cheating scandal won final approval from the federal judge overseeing hundreds of lawsuits in the...
Aegon Hunts for New CFO to Replace Button Who Will Return to U.S.
Sep 6 2016 // Aegon NV is seeking a new chief financial officer to replace Darryl Button, who is leaving the insurer after three years in the post. A thorough process is underway to select a successor, Aegon said in a statement on...
Zika Reveals Gaps in U.S. Mosquito Control Options
Sep 6 2016 // Over Wynwood, the Miami neighborhood where Zika gained a foothold in the continental United States, low flying planes have been spraying naled, a tightly controlled pesticide often used as a last resort. It appears to be...
NAIC Re-Accredits Alabama Department of Insurance for 5-Year Term
Sep 6 2016 // The Alabama Department of Insurance (ALDOI) announced Aug. 31 that it has been re-accredited by the National Association of Insurance Commissioners (NAIC) for a 5-year term. The ALDOI received its first NAIC accreditation...
AIG, Chubb, XL Group Lead in U.S. Cyber Coverage Market Share: Fitch Ratings
Sep 6 2016 // The U.S. property/casualty insurance industry generated $1 billion in direct written premium volume for cyber insurance in 2015. American International Group (AIG), Chubb and XL Group led the market, according to Fitch...
Flood Insurance Belongs in the Hands of the Private Market
Sep 6 2016 // With thousands displaced due to massive flooding in Louisiana and too many other similar incidences, it is time to reexamine the flood insurance landscape. Unfortunately, many caught up in this disaster did not have flood...
Business Moves
Sep 6 2016 // World Insurance, AIV Group World Insurance Associates has acquired AIV Group. Terms of the deal were not disclosed. World Insurance is an independent insurance agency headquartered in Tinton Falls, N.J., that...
Trucking Through Cost, Talent, & Regulatory Roadblocks
Sep 6 2016 // It’s been a rough ride, full of twists, turns and a few roadblocks for truckers and their insurance specialists. Truckers today face a number of obstacles that have raised the cost of doing business, including tough...
Consumers Rely Too Much on Homeowners Insurance: Survey
Sep 6 2016 // Too few Americans take steps to prepare for disasters, and too many assume their home insurance policies will bail them out if one strikes. As disaster season peaks, a new national consumer survey commissioned by Trusted...
U.S. Court Approves Clean-Up Deals, Executive Bonuses for Peabody
Sep 6 2016 // Bankrupt coal company Peabody Energy late last month won U.S. court approval for agreements with three states to partially cover $1.14 billion in potential environmental liabilities and for a bonus plan for its six top...
