Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Oilfield Services Company Sued by EEOC for Disability Discrimination
Jul 26 2016 // Federal officials have sued an oilfield services company for withdrawing a job offer to an applicant because of his diabetes. U.S. Equal Employment Opportunity Commission charged in a lawsuit that Oilfield Instrumentation...
Insurer to Pay $55K to Settle Free Speech Case Over Arrest for Painting U.S. Flag
Jul 26 2016 // A man arrested for painting the letters “AIM” on an American flag that he flew upside-down at his house in protest has settled his free speech lawsuit against the township for more than $55,000. Supervisors in...
P/C Insurers Face Tough Sledding in 2016, Warns S&P
Jul 26 2016 // This year could be a tough one for U.S. property/casualty insurers as catastrophe losses, private passenger insurance woes and declining bond yields erode underwriting results and profitability, according to a report by...
How Brexit Raises Risk of Financial Instability for U.S.
Jul 26 2016 // The U.S. financial system faces greater potential instability due to Britain’s decision to leave the European Union while low and negative interest rates also raise risks, a U.S. government monitor said on Monday. In...
Pen Underwriting Names Scott as Head of Cyber Liability, Driving Cyber Growth
Jul 26 2016 // Pen Underwriting announced that Adrian Scott has been appointed to the newly created role of head of Cyber Liability. Scott takes responsibility for enhancing Pen Underwriting’s capabilities in cyber risk management...
Texas Attorney: Information-Heavy Healthcare a Huge Target for Cyber Crime
Jul 25 2016 // Powered by InsuranceJournal.tv Healthcare organizations contain a wealth of personal information, making them them the number one target for cyber breaches, according to a Houston-based attorney who specializes in...
Judge Expected to Allow Suit Against Trump University to Proceed
Jul 25 2016 // Just hours after Donald Trump accepted the Republican presidential nomination in Cleveland, a federal judge in San Diego said he plans to allow former students who claim to have been cheated by Trump University to take the...
UK Financial Services Firms ‘Will Retain’ EU Passporting Rights: Foreign Secretary
Jul 25 2016 // British Foreign Secretary Boris Johnson said on Friday he expects the U.K. to retain the right for its financial firms to sell services across European Union member states after Britain’s exit from the bloc. Johnson,...
Lawyer Sentenced for Insider Trading on Nationwide-Harleysville Merger
Jul 25 2016 // A former partner at the law firm Fox Rothschild was sentenced on Friday to six months in prison for trading on inside information that a client at his law firm was about to announce a merger, prosecutors said. Herbert...
Marsh Names South as President, US & Canada Unit; APAC, Middle East Realigned
Jul 25 2016 // Marsh announced that it has appointed Martin South as president, U.S. and Canada division, effective Sept. 1, 2016. South will report to John Doyle, president of Marsh, and will be based in Marsh’s New York office....
Ironshore Files for IPO in U.S. After A.M. Best Review of Parent Firm Fosun
Jul 25 2016 // Ironshore Inc., the insurer purchased by Chinese conglomerate Fosun International Ltd. last year, filed for an initial public offering in the U.S. after a ratings firm cited concerns about the parent firm’s financial...
Court Rejects Wal-Mart Shareholders’ Claim of Directors’ Liability for Mexican Bribes
Jul 25 2016 // Wal-Mart Stores Inc. executives and directors persuaded a federal appeals court on Friday to reject shareholder claims that they permitted and then covered up pervasive bribery by officials at the world’s largest...
Changing Political Risk Landscape: Religious Extremists, Cyberterrorism Cause Concerns
Jul 25 2016 // In a short period of time, the political risk market has experienced a significant shift in exposures, with new potential threats and different territories now threatened by attacks from religious extremists. Christof...
SLSOT’s Essary Intent on Using Data to Better Communicate with Stakeholders
Jul 25 2016 // Surplus lines may not be the most widely understood segment of the property/casualty insurance industry but for risk managers of large organizations it’s often the go-to market for complicated risks for which...
Growth Partners: Equity Firm Kohlberg Invests in Wholesaler U.S. Risk
Jul 25 2016 // Dallas-based international specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has agreed to partner with the private equity firm, Kohlberg & Co. With capital and two board members...
Tennessee Commish McPeak Elected to Global Insurance Committee Leadership Post
Jul 25 2016 // Tennessee Department of Commerce & Insurance Commissioner (TDCI) Julie Mix McPeak has been elected by her fellow members of the International Association of Insurance Supervisors (IAIS) to serve as vice chair of the...
Texas Air Liquide Plant Cited for Workplace Safety Violations
Jul 22 2016 // Federal safety officials have cited Air Liquide Large Industries US LP for workplace health and safety violations at the company’s plant in Corpus Christi, Texas. The U.S. Department of Labor’s Occupational...
Utah ups Mosquito Monitoring Efforts in Wake of Zika Cases
Jul 22 2016 // Mosquito abatement teams in Salt Lake City are stepping up efforts to trap and test mosquitoes and kill larvae following the discovery of a unique Zika case that has health investigators trying to figure how the man got...
Most Litigation Over Corzine’s Failed MF Global Settled with $132M Deal
Jul 22 2016 // Jon Corzine has settled a lawsuit by the trustee for the former New Jersey governor’s company MF Global Holdings Ltd, as part of a $132 million accord to end much of the remaining litigation over the...
JPMorgan Must Face Discrimination Claim by Arab-American Family Business
Jul 22 2016 // An Arab-American family whose business and personal bank accounts were closed in 2014 without explanation can sue JPMorgan Chase for racial discrimination, a federal judge in Detroit has ruled. Filed in February, the...
