Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
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...
New U.S. Rules Seen ‘Major Step’ for Drone Industry; Rules on Deliveries Still to Come
Jun 22 2016 // The Obama administration is opening U.S. skies to more commercial drones with long-awaited regulations that the government hopes will spawn new businesses inspecting bridges, monitoring crops and taking aerial...
U.S. Issues Final Commercial Drone Regulations
Jun 22 2016 // The Federal Aviation Administration has finalized the first operational rules for routine commercial use of small unmanned aircraft systems or drones opening pathways towards fully integrating UAS into the nation’s...
Financial Watchdogs Caution on Risks of Marketplace Lending
Jun 22 2016 // Hedge funds, banks and insurance companies have recently jumped into “marketplace lending,” drawing the attention of U.S. regulators, who said on Tuesday they are concerned that borrowing by consumers and small...
Integro Acquires Equine Broker Jerry Parks Insurance Group in Florida
Jun 22 2016 // International broker and risk management firm Integro Insurance Brokers has added to its livestock coverage capabilities with the acquisition of Ocala, Florida-based corporations Jerry Parks Equine Insurance, Inc. and...
Boston Municipal Fund Files Bondholder Class Action Against VW for Diesel Scandal
Jun 21 2016 // Boston Retirement System, the public pension fund for Boston municipal employees, filed the first bondholders proposed class action against Volkswagen AG related to the company’s diesel emissions scandal, law firm...
