Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Corporations Push for Fewer U.S. Drone Restrictions
May 5 2015 // As U.S. regulators study how to govern commercial drones, corporate America is plunging ahead on using unmanned aircraft in a bid to speed the process and win concessions on proposed restrictions. Large companies including...
Canadian Oil Trains Shift to Carry Less-Volatile Crude
May 5 2015 // A growing share of Canadian oil-by-rail traffic is made up of tough-to-ignite undiluted heavy crude and raw bitumen, say industry executives, as companies scramble to cut expenditures with the price of crude down more than...
Federal Judge Says U.S. Liable for Some Katrina Flooding in Louisiana
May 4 2015 // Ruling in a nearly decade-old lawsuit, a judge in Washington said on May 1 that the federal government is responsible for some of the catastrophic flooding that followed Hurricane Katrina and other storms — flooding...
AIG Could Follow GE’s Move to Shed ‘Too-Big-to-Fail’ Tag
May 4 2015 // American International Group Inc., the insurer that received a $182.3 billion bailout, said it would weigh reshaping the company to escape the U.S. government risk tag that brings greater regulatory oversight. “The...
People – West
May 4 2015 // Lloyd’s of London named Richard Magrath regional director for its Western U.S. region. Magrath will be based in Los Angeles, Calif., with responsibility for market development activities in California, Oregon,...
‘Hungry’ Insurers Continued to Cut Commercial Prices in Q1: CIAB
May 4 2015 // Insurance brokers report that the commercial property/casualty market continued to soften in the first quarter of 2015, with large accounts seeing the biggest price declines. On average, small, medium and large accounts...
Judge Denies Daughter’s Cuba Damages Claim Under TRIA for Father’s Death
May 1 2015 // A federal judge who will sentence BNP Paribas SA Friday for violating U.S. sanctions against Sudan, Iran and Cuba on Thursday rejected a Cuban-American woman’s bid for compensation for her father’s death at the...
Supreme Court Narrow Ruling Finds Elected Judges Aren’t Politicians
May 1 2015 // Chief Justice John Roberts isn’t a politician — and he wants you to know it. That’s the message of a surprising 5-4 decision issued Wednesday by the U.S. Supreme Court in which Roberts provided the...
U.S., Canada Ready Oil Train Safety Measures
May 1 2015 // Canada’s transport minister will be in Washington on Friday for a joint announcement with her U.S. counterpart aimed at harmonizing safety regulations on shipping crude oil by rail, a politically sensitive issue on...
Court Fight over Dow Chemical Herbicide Widens to 15 States
Apr 30 2015 // A court fight over use of a new Dow Chemical herbicide on genetically engineered U.S. corn and soybean crops is growing to encompass 15 Midwestern states after the company recently won federal approval for more widespread...
Title IX Cases Against Columbia and Vassar Are Dismissed
Apr 30 2015 // Two separate federal judges in Manhattan have shown that it’s difficult to prove that a college’s procedures for handling sexual assault allegations violate Title IX. In the past month, both Columbia University...
Fosun to Co-Develop New York Apartment Project in U.S. Expansion
Apr 30 2015 // Fosun Group will co-develop a luxury residential tower in New York, underscoring the Chinese company’s growing appetite for U.S. property holdings after its One Chase Manhattan Plaza purchase in 2013. Fosun will...
U.S. Risk Insurance Group Hires Neidle as VP in Connecticut
Apr 29 2015 // Gary M. Neidle U.S. Risk Insurance Group Inc. hired Gary M. Neidle as vice president and branch manager of a new Hartford, Connecticut, office of its affiliate company, U.S. Risk Underwriters Inc. Neidle brings with him...
Edwards Named Senior Broker in U.S. Risk Brokers’ Dallas Office
Apr 29 2015 // U.S. Risk Insurance Group Inc. named Brian Edwards a senior broker in the Dallas office of U.S. Risk Brokers Inc. Brian Edwards Edwards has more than 12 years of experience in the insurance industry. He specializes in...
Shareholders Sue Trinity Over Guardrail Safety Disclosure
Apr 29 2015 // Trinity Industries Inc. was sued by shareholders alleging the company failed to disclose it made changes to its guardrail safety system without government review. At least two lawsuits were filed in federal court in Dallas...
Automakers Frustrated Consumers Ignore Recall Repairs
Apr 29 2015 // Even with historic levels of recalled vehicles in 2014, with General Motors Co. ignition switches and exploding Takata Corp. air bags leading to deaths, U.S. regulators say consumers don’t always get the...
SCOR Global P&C Posts 5.8% Premium Increase for April Renewals
Apr 29 2015 // French reinsurer SCOR reported that the April renewals saw SCOR Global P&C’s gross written premiums increased by 5.8 percent from €374 million [$411 million] to €396 million [$436 million], at constant...
Ironshore International Forms Lead Umbrella Consortium for U.S. Companies
Apr 28 2015 // Ironshore International’s Specialty Casualty unit of Ironshore Europe Limited (IEL), the Specialty Casualty unit and its Pembroke Lloyd’s Syndicate 4000 have joined with Lloyd’s Antares Syndicate 1274 and...
Hurricane Sandy Judges Demand Clearing of Settlement Roadblocks
Apr 28 2015 // Federal officials and flood insurance companies were chastised by a panel of New York judges for imposing delays on settlements with hundreds of Hurricane Sandy victims who alleged their claims were wrongfully denied or...
Meadowbrook Insurance Shareholders Approve Acquisition by Fosun
Apr 28 2015 // Meadowbrook Insurance Group, Inc., headquartered in Southfield, Mich., announced that the group’s shareholders have formally approved the pending acquisition of Meadowbrook by Fosun International Limited. In late...
