Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Experts Fear Major Attack Only Way to Stir Corporate Action on Cyber Security
May 19 2014 // After warning for years that the U.S. electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs out of their...
OnPoint Underwriting Offers New Managed Healthcare Program with Everest Re Group
May 19 2014 // May 19, 2014 – Denver, CO – OnPoint Underwriting (OnPoint) and Everest Re Group, Ltd. (NYSE:RE) announced a new relationship with Everest Reinsurance Accident and Health for the underwriting and management of HMO...
My New Markets
May 19 2014 // My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Adult entertainment/Gentleman’s Clubs Market Detail: Founders Insurance Co. offers...
U.S. Report: Climate Change Here, Deal With It
May 19 2014 // Climate change is in the here and now, according to a massive report issued earlier this month. The White House’s National Climate Assessment report is part of President Barack Obama’s effort to prepare the...
Report Cites Crops Most Vulnerable to El Nino
May 16 2014 // The El Nino weather phenomenon that is likely to strike this year will damage world maize, rice and wheat yields but boost soybeans, according to a study on Thursday that could help farmers plan what to grow. The...
AIG Completes $7.6 Billion ILFC Sale to AerCap
May 15 2014 // AerCap Holdings NV completed its $7.6 billion purchase of International Lease Finance Corp., creating the largest independent jet-leasing firm and a windfall for seller American International Group Inc. ILFC, which...
Conn. Gov.: When It Comes to Insurance Regulation, States Are Here to Stay
May 14 2014 // Speaking at the National Association of Insurance Commissioners’ International Insurance Forum, Connecticut Gov. Dannel P. Malloy told a crowd of U.S. and international regulators and insurance representatives that...
‘Degassing’ North Dakota Crude Oil Before Shipping Among Safety Ideas
May 14 2014 // After a spate of fiery derailments, the scramble to make North Dakota’s Bakken crude oil safer when it’s being transported on trains has focused on better tracks, slower speeds, and reinforced railcars that...
West Virginia Mine Where Two Died Had Pattern of Safety Violations
May 14 2014 // The West Virginia coal mine where a collapse this week killed two workers had “chronic compliance issues” and received numerous citations from inspectors last year, federal authorities said on Tuesday. The...
Vietnam Protests Over China Oil Rig Damage Taiwan-Owned Factories
May 14 2014 // Anti-China rallies sparked by the placement of an oil rig in waters near Vietnam damaged factories owned by Taiwanese companies, with some plants closing as Vietnam detained hundreds of protesters. Vietnam’s...
Ex-Executive’s Lawsuit Alleges AIG Defrauded U.S. in Bailout
May 14 2014 // American International Group Inc. defrauded the U.S. by failing to disclose it was selling insurance without a license during negotiations with the government over a bailout in the financial crisis, a former executive...
How IBM Handles Age Disclosure, Employee Privacy, Job Bias Claims
May 13 2014 // For at least a decade, International Business Machines Corp. gave fired employees information detailing a severance package that asked them to waive age- discrimination claims and also included a page listing the job...
Wildfire Season Starts Early Amid Drought; Costs to Top $1 Billion
May 13 2014 // U.S. states plagued by historic drought are bracing for an early wildfire season with a cost that may rise as high as $1.8 billion, or almost $500,000 more than what’s available to control the blazes. Oklahomans...
Insured Disaster Losses Higher in Oklahoma Than in Any Other State in 2013
May 12 2014 // May 20, 2014, marks the one-year anniversary of the deadly tornado outbreak in Moore, Oklahoma, which contributed to the state’s designation as the site of the costliest U.S. natural disasters in 2013, according to...
Mitchell Joins Casualty Team at Aspen US
May 12 2014 // Aspen US Insurance has appointed Roxanne Mitchell as executive vice president and chief casualty officer. She will report to Bob Rheel, executive vice president and head of U.S. Property Casualty. Mitchell has a 35-year...
Foreign Insurers’ Role in U.S. Tax Evasion Under Scrutiny
May 12 2014 // A Swiss asset management firm, Swisspartners Group, agreed to pay $4.4 million to the United States to settle a probe into whether it helped U.S. taxpayers evade their federal income taxes, the U.S. Department of Justice...
Republicans Fear U.S. ‘Surrender’ to International Group on Systemic Risk Designations
May 12 2014 // A group of Republican lawmakers demanded documents on Friday from U.S. regulators, voicing concerns that decisions about whether to designate large financial companies as systemically risky are unduly influenced by an...
Report: Ohio Has Most Metal Thefts in U.S.
May 9 2014 // Ohio continues to lead the nation in metal thefts, with 1,446 insurance claims made last year, according to a new report. A National Insurance Crime Bureau report said the state reported more than 4,000 claims from 2011...
U.S. Rejects Call to Remove Recalled GM Cars from Road
May 8 2014 // The U.S. Department of Transportation has rebuffed a call by two Democratic senators to advise owners of 2.6 million recalled General Motors cars to stop driving them until they are repaired. In letters sent on Tuesday to...
Aon Benfield’s Impact Forecasting Highlights U.S. Losses in April Cat Report
May 8 2014 // Aon Benfield’s Impact Forecasting’s latest edition of its monthly Global Catastrophe Recap report, Highlights the “multi-day outbreak of severe weather and flash flooding in the U.S.”, which, the...
