Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
73% of U.S. Drivers Welcome Commuting with Robot Behind the Wheel: Survey
Jun 30 2016 // Almost three-quarters of U.S. drivers are eager to replace the daily commute’s drudgery with a self-driving car and 80 percent say they would pay extra to have a robot take the wheel, according to a survey that...
Toyota Recalls 3.37M Cars for Flawed Air Bags, Emissions Control Units
Jun 30 2016 // Toyota Motor Corp has recalled 3.37 million cars worldwide over possible defects involving air bags and emissions control units. The automaker on Wednesday said it was recalling 2.87 million cars over a possible fault in...
Religious Extremists, ‘Lone Wolf’ Attacks Changing Political Risk Landscape
Jun 30 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...
Maine Town Ends Flying of U.S. Flags Due to Insurance Cost
Jun 29 2016 // A lack of adequate liability insurance has put an end to a project honoring military veterans by flying American flags on utility poles in Maine’s smallest town. The Kennebec Journal reports Randolph Fire Association...
Terrorist Attack at Istanbul Airport Kills at Least 40; Islamic State Blamed
Jun 29 2016 // Coordinated suicide attacks at Istanbul’s international airport killed at least 40 people, tearing through the terminal at one of the busiest travel times of the year as Turkey struggles to contain the spillover from...
How U.S. and EU Differ in Handling Volkswagen Diesel Scandal
Jun 29 2016 // If you own a Volkswagen with a diesel engine in the U.S., the company will buy back your car and give you as much as $10,000. If you drive in Europe, you may only get a piece of pipe. As part of Volkswagen AG’s...
Study: Economic Costs of Pandemic in U.S. Could Be $34-45 Billion
Jun 29 2016 // A pandemic influenza outbreak in the United States could have economic costs nearly double the total amounts experts have previously calculated, depending on how the public, government and businesses respond to an...
U.S. Supreme Court to Weigh Miami Predatory Lending Lawsuit
Jun 28 2016 // The U.S. Supreme Court on Tuesday agreed to decide whether Miami can pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic homebuyers resulting in loan defaults that drove down city tax...
U.S., China, EU Vow Crackdown on Unsafe Products Sold Online; Eye Hoverboard Standards
Jun 28 2016 // U.S., European and Chinese regulators say they will jointly enforce product safety in online commerce, and an American official said they are making progress on crafting standards for hoverboards. The statement last week...
China’s Fosun to List U.S. Insurer Ironshore ‘As Soon as Possible’: Reuters
Jun 28 2016 // Fosun Group, China’s biggest private conglomerate, will list U.S. property and casualty insurer Ironshore Inc “as soon as possible” this year, Guo Guangchang, the company’s billionaire co-founder...
Activities at U.S. Whitewater Center in North Carolina Suspended After Amoeba Detected
Jun 28 2016 // The U.S. National Whitewater Center in Charlotte, N.C., announced Friday that it has temporarily suspended its operations after water samples turned up the amoeba believed to have caused the death of an Ohio teenager. A...
Update: Volkswagen’s U.S. Diesel Settlement Tab to Top $15 Billion
Jun 27 2016 // German automaker Volkswagen AG will pay more than $15.3 billion to settle charges that it cheated on U.S. diesel emissions tests, an agreement that will fund buybacks for consumers and provide up to $4.7 billion that could...
RMS Updates Cat Models for Terrorism, Europe Windstorm & US Flood
Jun 27 2016 // Global catastrophe risk management firm RMS has released version 16.0 of its catastrophe modeling platform, which includes updates to both the Europe Windstorm Clustering Model and Terrorism Modeling suite. Also included...
How Led Zeppelin ‘Stairway’ Win Could Affect Music Copyright Liability
Jun 27 2016 // Led Zeppelin’s victory over allegations the band stole the opening chords of “Stairway to Heaven” may reverse the swell in copyright infringement lawsuits over pop songs that followed last year’s...
USG’s Program Division Makes Staff Changes to Jacksonville, Florida Office
Jun 27 2016 // Allied American Underwriters, a division of USG Insurance Services, Inc., has hired Valarie MacDonald as producer/broker, and Denise Brown as production assistant. In addition to these new hires, AAU has promoted Dasha...
Hanover Stone Partners, USA Risk Group to Offer Captive Management Services
Jun 24 2016 // Hanover Stone Partners, a risk management services firm, and USA Risk Group, an independent captive management firm, have collaborated to offer captive management, governance and related services to businesses and other...
Jury Backs Led Zeppelin in ‘Stairway to Heaven’ Copyright Trial
Jun 23 2016 // Led Zeppelin won’t have to share royalties from one of rock-and-roll’s masterpieces after a jury found guitarist Jimmy Page and singer Robert Plant didn’t steal the opening chords of “Stairway to...
Munich Re U.S. Names Hochburger, Ludwig to Reinsurance Posts
Jun 23 2016 // Munich Re U.S. has appointed Stephan Hochburger and Paul Ludwig as senior vice presidents and client executives for the Reinsurance Division. They will report to Steven Levy, president of the Reinsurance Division (RD), and...
Factbox: Weighing Value of Financial Services in UK Economy on Day of Brexit Vote
Jun 23 2016 // Britain, Europe’s biggest financial hub, votes today on whether to stay in or leave the European Union. The country’s financial and professional services industries are considered as the most vulnerable to an...
Global Indemnity to Redomicile from Ireland to Caymans
Jun 22 2016 // Global Indemnity plc announced that its board of directors unanimously approved a plan to redomicile from Ireland to the Cayman Islands. Shareholders will be asked to vote in favor of completing the reorganization proposal...
