Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Year-End M&A Spurt Could Be Harbinger of More 2015 Deals: Fitch
Jan 8 2015 // Six merger and acquisition announcements in the North American property/casualty insurance and reinsurance sectors in late 2014—and another global deal on the table—may herald a raft of deals in 2015, Fitch Ratings...
Environmental Groups Sue EPA to Force Fracking Chemicals Disclosure
Jan 8 2015 // A coalition of advocacy groups sued the U.S. Environmental Protection Agency for public access to information on toxic chemicals released by the energy industry through hydraulic fracturing, or fracking, and other forms of...
Lexington’s Brauner Joins Aspen U.S. as Senior VP for Excess Auto Liability
Jan 7 2015 // Martin Brauner has joined Aspen U.S. Insurance as senior vice president and product line leader for Excess Auto Liability. Reporting to Roxanne Mitchell, executive vice president and chief casualty officer, Brauner will...
Former NFL Players Advance Claims Over Images in Madden Video Games
Jan 7 2015 // Electronic Arts Inc., maker of the Madden NFL video games, lost a bid to dismiss claims by former Los Angeles Rams quarterback Vince Ferragamo and thousands of other retired professional football players that the company...
Republicans Target Obamacare Part-Time Worker Provision
Jan 7 2015 // Republicans, newly in charge of the U.S. House and Senate, begin their campaign to dismantle Obamacare with a vote this week to ease the law’s requirement that large employers give health insurance to full-time...
Massey CEO Wins Delay of Criminal Trial Until April
Jan 6 2015 // Ex-Massey Energy chief Donald Blankenship won an almost three-month delay of his trial, scheduled to begin later this month, on federal charges tied to a fatal 2010 mine explosion that was the worst U.S. coal industry...
How Much Will Drivers Pay for High-Tech Devices?
Jan 5 2015 // A majority of U.S. drivers are willing to pay as much as $1,499 to have high-tech entertainment and safety devices in their vehicles as consumers demand more connectivity, according to a Harris Poll. Back-up cameras, USB...
Rock Slides, but no Injuries From 4.9M Idaho Earthquake
Jan 5 2015 // A 4.9 magnitude earthquake in a remote Idaho county triggered rock slides that blocked some road lanes Saturday but did not cause any major damage or injuries. Hours later around midnight, quakes of magnitude 4.0 and 3.6...
U.S. Insurers Still Funding Asbestos, Environmental Liabilities: A.M. Best
Jan 5 2015 // The current estimate of net asbestos losses for the U.S. property/casualty industry remains at $85 billion, with net environmental losses estimated at $42 billion, according to a new Best’s Special Report. According...
Global Indemnity Completes Purchase of American Reliable
Jan 5 2015 // Dublin-based Global Indemnity plc’s U.S. affiliate said it has completed its previously-announced purchase of American Reliable Insurance Co. from Assurant Inc. In a transaction valued at approximately $394,000,000,...
JLT Specialty Adds 5 to U.S. Energy Practice
Jan 5 2015 // Insurance and reinsurance broker JLT Specialty Insurance Services Inc., a U.S. subsidiary of Jardine Lloyd Thompson Group plc., announced the appointment of five additional specialists to its Houston-based energy risk...
Indiana Court: US Steel not Responsible for Sleepy Driver’s Crash
Jan 4 2015 // The Indiana appeals court has ruled that U.S. Steel isn’t responsible for a crash involving an employee who apparently fell asleep while driving after an 11-hour overnight work shift. The 3-0 appeals court ruling...
Deputy US Marshal Admits Guilt in Texas Insurance Fraud Scheme
Jan 2 2015 // A San Antonio-based deputy U.S. marshal has pleaded guilty to wire fraud relating to an insurance fraud scheme. According to a statement from the U.S. Attorney’s office, Reynaldo Gonzalez entered his plea in San...
U.S. Drone Regulations Delayed
Jan 1 2015 // The United States missed a year-end deadline for publishing new rules on remote-control aircraft, delaying an eagerly awaited step toward using drones in everything from farming to package delivery. Businesses have been...
North Dakota Officials Reviewing Safety on US Highway 85
Dec 31 2014 // North Dakota’s Transportation Department and Highway Patrol say efforts are being made to increase safety on the major north-south artery in the western oil patch. There have been 25 traffic crash fatalities on the...
U.S. Treasury Releases Report on Global Reinsurance Industry
Dec 31 2014 // The U.S. Department of the Treasury’s Federal Insurance Office (FIO) has released a report outlining the role the global reinsurance industry plays in the U.S. insurance industry. The report, Breadth and Scope of the...
China’s Fosun to Buy Meadowbrook Insurance for $433M
Dec 31 2014 // China investment group Fosun International Limited has agreed to acquire Meadowbrook Insurance Group Inc. of Southfield, Michigan for approximately $433 million, or $8.65 per share in cash. Fosun said that the acquisition...
Corporations Warned Not to Hack Back
Dec 31 2014 // The hacked are itching to hack back. So say a dozen security specialists and former law enforcement officials who described an intensifying and largely unspoken sense of unease inside many companies after the recent breach...
Caution: Pulling Plug on Traffic Cameras Leaves Municipalities in the Red
Dec 30 2014 // Municipalities that installed traffic cameras to boost revenue are scraping for cash to fill budget gaps after complaints by irate drivers forced them to cancel their use. Nassau County on Long Island ended its program...
More Inspections, Fewer Mines Result in Lowest Number of Miner Deaths
Dec 30 2014 // Less than five years after an explosion fueled by excess coal dust killed 29 men deep inside a West Virginia underground mine, the nation’s coal mines are on pace for an all-time low in work-related deaths. Federal...
