Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
New York Regulator Has ‘Significant Concerns’ About Anthem-Cigna Merger
Aug 4 2016 // New York’s insurance regulator has “significant concerns” about Anthem Inc.’s proposed $48 billion acquisition of rival health insurer Cigna Corp. and will hold a hearing to address them before...
Captive Insurers in Strong Position: A.M. Best
Aug 3 2016 // Captive insurance companies rated by A.M. Best ended 2015 in strong form, recording pretax operating income of $1.4 billion, a 13.5 percent increase over 2014, according to a new A.M. Best special report. The Best Special...
Congress Urged to Interrupt Recess to Act on Zika Funding
Aug 3 2016 // Federal health officials, scrambling to fund efforts to combat the spread of the Zika virus in the United States, said on Tuesday they have provided more stopgap money to various locales while calls grew for Congress to...
Judge Rejects Bid to Throw Out Trump University Lawsuit Before Trial
Aug 3 2016 // A U.S. judge on Tuesday rejected Republican presidential candidate Donald Trump’s pretrial bid to throw out a lawsuit brought by Trump University students who said they were defrauded by its real-estate...
Tesla Searching for Explanation of Tesla Autopilot Crash
Aug 2 2016 // Tesla Motors Inc. told U.S. Senate Commerce Committee staff it is considering two theories that may help explain what led to the May 7 fatal crash that killed a Florida man who was using the car’s...
Uber Insists If Arbitration Pact Is Nixed, $100M Driver Settlement Is Dead
Aug 1 2016 // Uber Technologies Inc.’s message to the judge who must approve its $100 million settlement with drivers is clear: take it or leave it. In an escalating game of courtroom brinkmanship, Uber has hit what may be an...
Sports-Related Brain Injuries Are Emerging Risk for US & UK Insurers: S&P Report
Aug 1 2016 // Sports-related brain injuries are one of the top emerging insurance claims in the U.S. and the U.K., according to a report published by S&P Global Ratings. While the potential risk of such liability claims is rising...
Judge Denies Uber Bid to Enforce Arbitration in Consumer Suit
Aug 1 2016 // Uber Technologies Inc. can’t require a Connecticut customer accusing the company of price-fixing to resolve the fight in arbitration, a federal judge ruled in one of several cases challenging the ride-hailing...
U.S. Moves to Guard Blood Supply After Reports of Zika Virus in Florida
Jul 29 2016 // The U.S. Food and Drug Administration has ordered all blood collection centers in Florida’s Miami-Dade and Broward counties to stop collecting blood as state health department officials continue to investigate four...
U.S., China Insurance Regulators Keep Open Dialogue
Jul 29 2016 // Regulatory representatives from the U.S. and China met this week to discuss issues facing their respective insurance markets. The meeting was held at the National Association of Insurance Commissioners (NAIC) New York...
Climate Change Modeling is Closer than You Think
Jul 28 2016 // For the last few years you got a common response from catastrophe modelers who advise the property/casualty industry when asked about including the effects of climate change in modeling. It went something like: “The...
Peabody Reaches Coal Mine Cleanup Deal with 3 U.S. States
Jul 28 2016 // Peabody Energy Corp., the largest U.S. coal producer, reached a deal to cover mine clean-up liabilities while in bankruptcy with three U.S. states, court documents showed on Tuesday. Peabody has benefited from a federal...
CNA’s Tatum Named Head of AXIS Insurance’s U.S. Programs
Jul 28 2016 // John Tatum has joined AXIS Insurance as executive vice president and head of U.S. Programs. In this new position, he is responsible for all programs and binding authorities for AXIS Insurance across the U.S. market. Tatum...
U.S., EU Report on Re/Insurance Covered Agreement Talks
Jul 28 2016 // Representatives of the United States and the European Union met in Brussels this week to continue their joint negotiations for a bilateral agreement on insurance and reinsurance measures. “Both sides continued to...
Beazley Expands Event Cancellation Coverage for Political Violence, Terrorism Incidents
Jul 28 2016 // Beazley, a provider of event cancellation insurance, has expanded its terrorism and political violence event cancellation insurance for the sports, entertainment and leisure industries in the U.S. to include riots, civil...
FBI Warns of More Terrorist Attacks in U.S. as ISIS Is Defeated in Syria
Jul 28 2016 // Hundreds of terrorists will fan out to infiltrate western Europe and the U.S. to carry out attacks on a wider scale as Islamic State is defeated in Syria, FBI Director James Comey warned. “At some point there’s...
National Security Cloud Hangs Over Ironshore IPO
Jul 28 2016 // Chinese acquirers are continuing their buy-and-flip strategy and this time, it’s Fosun International’s turn. However the question isn’t only whether the fundraising will lower the company’s debt...
Pressure Building on AIG CEO Hancock
Jul 27 2016 // The American International Group Inc. chief executive officer has posted three straight quarterly losses and will probably report Tuesday that profit in the three months ended June 30 fell 32 percent, according to analysts...
$14.7B VW Diesel Settlement Gets Preliminary Approval
Jul 27 2016 // Volkswagen AG’s $14.7 billion settlement of its U.S. diesel emissions cheating scandal cleared another legal hurdle on Tuesday, as a federal judge gave the automaker preliminary approval to buy back up to 475,000...
Graduate of Disabled Veterans Insurance Careers Hired to Florida Insurance Agency
Jul 27 2016 // Disabled Veterans Insurance Careers (DVIC), the non-profit organization that helps train, educate and create employment opportunities within the insurance industry for disabled veterans, celebrated the graduation of Joanne...
