Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Marine Insurers Cautious About Re-Entering Iran, Despite Lifting of Sanctions
Jan 19 2016 // Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as insurers tread carefully, leaving shipping players unwilling to pick up cargoes as quickly as Tehran has...
Argo Names AIG’s Mike-Mayer Chief Underwriter, NYWCB’s Wade Chief of Claims for U.S.
Jan 19 2016 // Specialty insurance and reinsurance carrier Argo Group International Holdings, Ltd. announced the appointments of Frank Mike-Mayer as chief underwriting officer and Mark Wade as chief claims officer, both serving as key...
Drone Viewpoint: Let U.S. Protect Airspace, While States Protect Privacy
Jan 19 2016 // In October, a Kentucky judge dismissed criminal charges against a man who had shot down a drone flying over his property. Now the drone’s owner has brought a federal civil suit against the shooter, William Merideth,...
Bird Flu Found in Indiana Turkey Flock
Jan 19 2016 // The U.S. government confirmed the presence of highly pathogenic H7N8 avian influenza in a commercial turkey flock in Indiana, the country’s first case since the end of last year’s outbreak that led to the...
Flint, Michigan Water Crisis Leads to Federal Emergency Order
Jan 19 2016 // President Barack Obama signed an emergency declaration Saturday that clears the way for federal aid for Flint, Michigan, which is undergoing a drinking water crisis. The White House also said the Federal Emergency...
Officials Hope Latest Midwest Bird Flu Contained by Rapid Response
Jan 18 2016 // A move to quickly quarantine and destroy Indiana turkey flocks infected with avian influenza may help prevent a repeat of last year’s outbreak that cost the industry $3.3 billion, according to...
U.S. Reports on Cyber Attacks on Manufacturing, Other Industries
Jan 15 2016 // U.S. Department of Homeland Security investigations of cyber attacks on the nation’s critical manufacturing sector nearly doubled in the year ended Sept. 30, according to the agency. The Department of Homeland...
Texas-Based American Underwriting Managers Acquired by U.S. Risk
Jan 15 2016 // U.S. Risk Insurance Group Inc., has acquired Southlake, Texas-based managing general agency and wholesale insurance broker, American Underwriting Managers (AUM). For 17 years AUM has served the needs of retail insurance...
U.S. to Ease Safety Rules to Accelerate Driverless Cars
Jan 15 2016 // f- Self-driving cars will get closer to appearing on American roads under a U.S. Transportation Department plan to speed their rollout. Regulators will allow automakers that can demonstrate they have a safe autonomous...
U.S. Safety Officials Push Self-Braking Technology for Cars, Trains, Trucks
Jan 15 2016 // Safety officials want to see more technology used to reduce accidents on U.S. roads, airways and railroads. In its annual “Most Wanted” list, the National Transportation Safety Board is urging government...
The Struggle Getting U.S. Regulators to Understand Insurance
Jan 15 2016 // The designation of MetLife as a systemically important financial institution by the Financial Stability Oversight Council is a done deal. But exactly what that means in terms of higher regulatory standards is still not...
GM Ignition Switch Trial Opens with Claim of Defect Coverup
Jan 14 2016 // General Motors Co. found a deadly flaw in its ignition switches but chose to keep customers and regulators in the dark for years, a lawyer for an injured postal carrier told jurors in the first trial over the defect. The...
Widow’s Damages Lawsuit Blames Twitter for Spread of ISIS
Jan 14 2016 // Twitter Inc. was accused in a lawsuit by the widow of a man killed at a police training center in Jordan of knowingly allowing the Islamic State to spread its terrorist message through its service. Twitter, like other...
Insured Nat Cat Losses 31% Below Average During 2015: Aon Benfield Report
Jan 14 2016 // Global natural disasters in 2015 caused a combined total insured loss of $35 billion – 31 percent below the 15-year average of $51 billion and the lowest annual insured loss total since 2009, said a report issued by...
MetLife Spinoff Plan Could Add to Pressure on AIG to Split
Jan 13 2016 // After General Electric Co. began selling finance operations to exit too-big-to-fail status, American International Group Inc. Chief Executive Officer Peter Hancock said it wasn’t clear that escaping the government...
60% of P/C Execs See 2016 Much Like 2015; 55% Expect Democrat to Win White House
Jan 13 2016 // Leaders of the property/casualty insurance industry expect 2016 to be a profitable year much like 2015 but do not see any increase in profitability this year for most lines of insurance, and they do not expect the economy...
Paulson’s PaCRe Shuts Down After Investment Slump, Bermuda Tax Uncertainties
Jan 13 2016 // Billionaire John Paulson’s New York hedge fund firm has shut an operation in Bermuda that had been targeted by a Democratic lawmaker as a tax shelter. Paulson’s venture, a reinsurer named PaCRe Ltd., has...
Update: Dutch Insurer Aegon Plans $432M Share Buy-Back, to Cut U.S. Costs
Jan 13 2016 // Aegon NV jumped the most in almost six years after saying it plans to buy back 400 million euros ($432 million) of shares and cut costs to improve its return on equity. The Dutch owner of insurer Transamerica Corp....
Liberty International Underwriters Appoints 3 Senior VPs
Jan 12 2016 // Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has hired William Bell as senior vice president of U.S. Environmental. LIU also announced two promotions: Mike Nukk to senior vice president of...
Despite Costly Bird Flu, Chicken Farmers Reject Vaccine
Jan 12 2016 // Determined to avoid a repeat of the nation’s worst-ever avian-influenza outbreak, the U.S. Department of Agriculture is stockpiling up to 500 million doses of a new vaccine — but many in the $48 billion poultry...
