Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Fatal Work Injuries in N.Y. Metro Area Declined in 2013: BLS
Feb 18 2015 // Work-related fatal injuries in the New York metropolitan area (the New York-Northern New Jersey-Long Island, N.Y.-N.J.-Pa. Metropolitan Statistical Area) totaled 152 in 2013, according to preliminary data from the U.S....
Hilton Closes $1.95B Waldorf Astoria Sale to Anbang Insurance
Feb 18 2015 // Hilton Worldwide Holdings Inc. announced last week that it has closed its previously-announced sale of the Waldorf Astoria New York hotel to Beijing-based Anbang Insurance Group Co. Ltd. for $1.95 billion. As part of its...
Duke in Talks with U.S. on 2014 North Carolina Coal Ash Spill
Feb 18 2015 // Duke Energy Corp., the largest U.S. utility owner, is in settlement talks with the U.S. government over a coal ash spill in North Carolina’s Dan River. The company expects a proposed agreement could be reached in the...
Treasury Troubled by Smaller Firms Not Buying Cyber Insurance
Feb 18 2015 // While the overall cyber risk insurance market is growing tremendously, larger corporate clients have driven much of the expansion. Smaller companies, on the other hand, have not followed suit, Deputy U.S. Treasury...
Calls for Safety Upgrades Follow West Virginia Oil Train Crash
Feb 18 2015 // A fiery oil train derailment in West Virginia this week exposes lax safety standards and strengthens the case for tougher U.S. rules governing such shipments, safety advocates said on Tuesday. A 109-car delivery of crude...
US Assure Earns Industry Honors
Feb 18 2015 // Zurich award, industry association designation demonstrate company’s accomplishments Jacksonville, FL, February 18, 2015 – US Assure, a leading program administrator and insurance services provider with four...
Court Rules BP Not Covered by Transocean’s $750M Insurance
Feb 17 2015 // BP Plc isn’t covered under Transocean Ltd.’s insurance policies for the undersea well blowout that caused the 2010 Gulf of Mexico disaster, the Texas Supreme Court said, blocking the oil company’s access...
U.S. Issues Draft Rules on Commercial Use of Drones; Insurers Welcome
Feb 16 2015 // The U.S. aviation regulator proposed rules on Sunday for commercial drone flights that would lift some restrictions but would still bar activities such as the delivery of packages and inspection of pipelines that have been...
Insurers Brace for Claims as More Snow Expected to Hit Storm-Weary Boston
Feb 13 2015 // Since the first winter storm hit Boston at the end of January, the city has removed over 10,000 truckloads of snow after a record six feet of snowfall in the last 30 days — breaking the previous record of 58.5...
Global Climate Deal Blueprint Emerges From UN Gathering in Geneva
Feb 13 2015 // Envoys from some 190 nations are taking more seriously the idea of setting a goal for phasing out the pollution from fossil fuels, lending support to the movement against investments in oil and coal companies. After a week...
2014 One of Worst Years Ever for Vehicle Safety: NHTSA
Feb 13 2015 // Carmakers recalled about 64 million vehicles in the U.S. last year, more than double the previous record set in 2004, according to official government data. The tally released Thursday by the National Highway Traffic...
Best Sees Minimal Rating Impact from Tax Changes on Reinsurance
Feb 13 2015 // A.M. Best has weighed into the ongoing debate over whether or not the ability of “foreign” reinsurers to avoid significant amounts of U.S. taxes by transferring reinsurance premiums paid to foreign affiliates...
Florida Federal Judge to Hear Exploding Air Bag Lawsuits
Feb 12 2015 // Lawsuits filed around the U.S. seeking damages for allegedly defective auto air bags made by Japan’s Takata Corp. have been consolidated before a Miami federal judge. A federal panel on multidistrict litigation...
Pennsylvania College Loses Obamacare Contraceptive Challenge
Feb 12 2015 // The Obama administration won a reversal of a court ruling that would have shielded a Christian college in Pennsylvania from a provision of the Affordable Care Act requiring religious nonprofits to indirectly facilitate...
U.S. Forming Central Cybersecurity Agency
Feb 10 2015 // The U.S. government is creating a new agency to monitor cybersecurity threats, pooling and analyzing information on a spectrum of risks, a senior Obama administration official said on Tuesday. The Cyber Threat Intelligence...
Texas Insurance Wholesalers Wary of Retail Agent Association MGA
Feb 9 2015 // In mid-November 2014, Texas’ largest association of independent retail insurance agents took the unprecedented step of acquiring a managing general agency as a way of providing its members greater access to...
Former Arrow Trucking CEO Pleads Guilty in Oklahoma to Fraud Charges
Feb 9 2015 // The former CEO of a now-defunct trucking company that left its employees stranded all over the country when it suddenly shut down in December 2009 has pleaded guilty in federal court in Oklahoma to charges of tax evasion...
Commercial Lines Softening to Continue in U.S. in 2015: Marsh
Feb 9 2015 // Competition among property/casualty insurance carriers and the flow of capital into the industry are continuing to drive down rates in most U.S. commercial lines and conditions are particularly favorable for clients with...
Trinity Guardrails Pass First of 8 Mandated Crash Tests
Feb 9 2015 // Trinity Industries Inc.’s guardrail system, which has come under scrutiny for locking when hit and piercing cars instead of helping them slow, passed the first four of eight government-mandated crash tests, a federal...
Barrage of Cyber Attacks Force Companies to Rethink Defense Strategies
Feb 9 2015 // A barrage of damaging cyber attacks is shaking up the security industry, with some businesses and organizations no longer assuming they can keep hackers at bay, and instead turning to waging a guerrilla war from within...
