Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Judge Rejects BP Bid to Shut Down Gulf Spill Payments
Mar 11 2014 // BP Plc’s bid to temporarily halt payments under its $9.2 billion oil-spill settlement so that heightened accounting and fraud safeguards can be established was rejected by a federal judge in New Orleans. U.S....
Insurers Urge Lawmakers Not to Impose Bank Capital Requirements on Industry
Mar 11 2014 // Insurance companies will urge U.S. lawmakers today to stop the Federal Reserve from imposing bank- like capital standards on their industry. A provision of the 2010 Dodd-Frank Act that overhauled U.S. financial regulation...
Since Newtown Shooting, 15 States Have Strengthened Gun Controls
Mar 11 2014 // Fifteen states plus the District of Columbia strengthened their gun control laws in the year following the Newtown school shooting, accounting for roughly half (44 percent) of the U.S. population. Also, a history of any...
PCI Provides NCOIL List of ‘Key Elements’ on International Issues
Mar 10 2014 // “The National Conference of Insurance Legislators (NCOIL) took positive steps this weekend during its spring meeting outlining key areas where state legislators and regulators can impact the international dialogue on...
Rescuers Scour Sea for Malaysian Airliner Lost in ‘Unprecedented Mystery’
Mar 10 2014 // The disappearance of a Malaysian jetliner is an “unprecedented aviation mystery”, a senior official said on Monday, with a massive air and sea search now in its third day failing to find any confirmed trace of...
Judge’s Refusal to Fine Drone Operator Seen Spur to More Commercial Flying
Mar 10 2014 // A judge overturned a U.S. regulator’s first fine against a drone operator, a ruling that may lead to more commercial unmanned-aircraft flights in the U.S. before rules are written to govern their use. Judge Patrick...
Carriers Committed to D&O Segment
Mar 10 2014 // Several turbulent years of increased claims, more regulation and additional oversight of directors and officers have not deterred carriers from the directors and officers (D&O) liability segment. As more carriers beef...
Brewing Boom
Mar 10 2014 // Microbrewers Make Their Mark The craft beer industry has been chipping away at the U.S. domestic beer market throughout the past decade. And the pace of growth in this specialty niche is not expected to stop anytime...
Business Moves
Mar 10 2014 // AssuredPartners, Bateman Agency Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Donald F. LaPenna Associates Inc. in Clark, N.J., has acquired Bateman Agency Inc. Terms of the transaction were not...
Report: Texas Accounts 40% of U.S. Oil Field Deaths
Mar 10 2014 // Texas accounted for about 40 percent of the 663 workers the U.S. Bureau of Labor Statistics said were killed nationwide in oil field-related industries between 2007 and 2012, according to a Houston Chronicle investigation...
A Buyer’s Market for Reinsurance
Mar 10 2014 // For insurance companies, now is a good time to buy reinsurance. Prices are down and terms and conditions are favorable, according to Mathew Wulf, vice president, state relations and assistant general counsel, for the...
U.S. Rail Industry Adopting New Oil Train Safety Measures
Mar 10 2014 // Many oil-by-rail shipments will slow down through urban areas and track inspections will increase on high-traffic areas in response to a string of fiery derailments in the last several months, the American Association of...
Study: Grandpa and Grandma Much Safer Behind the Wheel
Mar 10 2014 // Safety researchers expressed concern a decade ago that traffic accidents would increase as the nation’s aging population swelled the number of older drivers on the road. Now, they say they’ve been proved...
People – East
Mar 10 2014 // The Hartford Financial Services Group Inc. has appointed Tracey Caffrey Ant as senior vice president of field sales and execution for the company’s middle market segment. She will report to David Carter, head of The...
Seniors Much Safer Behind the Wheel Than Predicted
Mar 10 2014 // Safety researchers expressed concern a decade ago that traffic accidents would increase as the nation’s aging population swelled the number of older drivers on the road. Now, they say they’ve been proved...
Secret Service Agent Says Many Cyber Breaches Go Unreported
Mar 7 2014 // Many breaches in data security may be going unreported by American businesses. That’s according to Kirk Arthur, supervisory special agent for the U.S. Secret Service’s San Francisco field...
National Weather Service Warns Accuracy of Forecasts in Danger Over Damaged Buoys
Mar 7 2014 // The National Weather Service is set to start repairing 70 towering buoys used to track El Nino and La Nina patterns, whose damage has led scientists to warn the accuracy of forecasts is in danger. The Tropical Atmospheric...
El Nino Could Strike as Early as Summer Says U.S. Forecaster CPC
Mar 7 2014 // The much-feared El Nino phenomenon, the warming of sea surface temperatures in the Pacific which can trigger drought in Southeast Asia and Australia and floods in South America, could strike the Northern Hemisphere as...
February Stoms Caused $1 Billion Insured Losses: Aon Benfield’s Cat Report
Mar 6 2014 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has released its latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that...
Increase in Cyber Attacks Costing Millions, Stressing Internet
Mar 6 2014 // Crashing websites and overwhelming data centers, a new generation of cyber attacks is costing millions and straining the structure of the Internet. While some attackers are diehard activists, criminal gangs or nation...