Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. to Study Volatility of Fuel Transport
Sep 10 2014 // U.S. studies of oil train dangers may have underestimated the perils of volatile vapor on the tracks and officials will in future use precision instruments for more thorough tests, a Transportation Department official said...
Lawsuit Filed Against Home Depot Over Data Breach
Sep 10 2014 // Home improvement retailer Home Depot Inc. has been sued over data breach by a customer, saying the company failed to properly safeguard customer data from hackers, a lawsuit filed in a Chicago federal court showed on...
Oil Trains Passing Through Kentucky on Regular Basis
Sep 10 2014 // Freight trains loaded with volatile crude oil crisscross seven Kentucky counties on a weekly basis, carrying loads that emergency management officials in the state know little about. As many as five CSX Corp. trains carry...
Goldman Leads Wall Street Tapping Taiwan Cash Pile
Sep 10 2014 // Wall Street banks, including Goldman Sachs Group Inc. and Citigroup Inc., are rushing to issue U.S. dollar bonds in Taiwan after a rule change unlocked $586 billion of funds held by the island’s insurance...
Is There a House Republican Deal on Export-Import Bank, Terrorism Insurance?
Sep 9 2014 // Representative Jeb Hensarling, a Texas Republican who has been a key opponent of the U.S. Export-Import Bank, now supports a short-term extension of the bank’s mandate, opening the door to a temporary reprieve for...
Home Depot Confirms Its Payment Systems Were Hacked
Sep 9 2014 // Home Depot Inc. confirmed on Monday its payment security systems have been breached, a data theft analysts warn could rival Target Corp.’s massive breach last year. Home Depot said the data theft could impact its...
Communities at Risk in Wake of Failure to Address Rising Seas
Sep 8 2014 // Missions flown from the NASA base here have documented some of the most dramatic evidence of a warming planet over the past 20 years: the melting of polar ice, a force contributing to a global rise in ocean levels. The...
Judge Denies Class Action for Employees Suing Florida’s Darden Restaurant
Sep 8 2014 // A U.S. judge has ruled that food servers and bartenders employed by Darden Restaurants Inc., which owns chains including Olive Garden, the Capital Grille and LongHorn Steakhouse, cannot sue the company as a group for...
U.S. Economic Losses Due to Napa Quake, August Floods Top $4 Billion: Aon
Sep 8 2014 // As far as natural perils go, August was mostly about earthquakes, along with a few tropical storms and typhoons around the world to add to the trouble, according to Aon Benfield’s Impact Forecasting in its latest...
U.K. Government Backs BP in U.S. Over ‘Unreasonable’ Oil Spill Payments
Sep 8 2014 // BP Plc got support from the U.K. government in its U.S. court fight over the level of compensation required under a settlement of lawsuits stemming from the 2010 Gulf of Mexico oil spill. The U.K. told U.S. Supreme Court...
MF Global Officers’ Defense Cost Already at $48 Million
Sep 8 2014 // Former officers and directors of MF Global Holdings Ltd. have already spent more than $48 million defending themselves from lawsuits, a sum U.S. Bankruptcy Judge Martin Glenn called “staggering” considering...
U.S. Risk Announces the Opening of Their Newest Office in Fort Worth
Sep 8 2014 // Dallas, TX, 9/15/14 – U.S. Risk Insurance Group, Inc. (www.usrisk.com), the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that it has opened a new office in the city of...
U.S. Retailers Warned About Hacking Software
Sep 8 2014 // More than 1,000 U.S. retailers could be infected with malicious software lurking in their cash register computers, allowing hackers to steal customer financial data, the Homeland Security Department said recently. The...
State of the Market: Surplus Lines Bounces Back
Sep 8 2014 // The surplus lines industry showed its subpar showing in 2012 was uncharacteristic as it outperformed the overall property/casualty industry once again in 2013. While 2013 was a good year all-round for the P/C industry, it...
High on Marijuana Insurance
Sep 8 2014 // Specialty brokers looking to get insurers hooked on emerging industry The legal marijuana industry in the United States is experiencing tremendous growth. Legal cannabis markets in the United States are expected to grow...
Changes in Washington
Sep 8 2014 // Groups that favor the legalization of marijuana say they are seeing positive developments at the federal level in Washington. U.S. Attorney General Eric Holder told lawmakers during a House Appropriations Committee hearing...
Southeast on Track to Develop ‘Megalopolis’ from Raleigh to Atlanta
Sep 8 2014 // Urban areas in the southeastern United States will double in size by 2060 unless there are changes to land development, according to a study by the Department of Interior’s Southeast Climate Science Center and North...
Texas Woman Pleads Guilty in Crash Staging Case
Sep 8 2014 // A 32-year-old Port Arthur, Texas, woman entered a guilty plea in a case involving staged auto crashes and fraudulent insurance claims, according to U.S. Attorney John M. Bales for the Eastern District of Texas. Shawnta...
MAPFRE Enters Mass. Life Insurance Market
Sep 8 2014 // MAPFRE U.S.A. has begun selling a term life insurance product in Massachusetts, where MAPFRE’s subsidiary, Commerce Insurance, is the largest auto and home insurance carrier. MAPFRE said it is seeking to leverage its...
BP Gross Negligence Ruling a Warning to Big Oil and Partners
Sep 5 2014 // A U.S. judge’s watershed ruling means the final cost to BP Plc for the 2010 Gulf oil spill may eclipse $50 billion, wiping out years of profits and highlighting the risks of drilling as the industry pushes into more...
