Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
First Private US Passenger Rail Line in a Century Launches in Florida. Safety is a Concern
Sep 22 2023 // MIAMI (AP) — The first big test of whether privately owned high-speed passenger train service can prosper in the United States will launch Friday when Florida’s Brightline begins running trains between Miami...
US Authorities Scrutinize if Credit Suisse Misled Investors Before UBS Rescue: Filing
Sep 20 2023 // U.S. authorities are seeking evidence from Credit Suisse to assess whether the bank misled investors about its financial health as it teetered towards a state-backed rescue by UBS six months ago. Credit Suisse “has...
US Federal Agencies Aim to Streamline ‘Hodgepodge’ of Cyber Reporting Rules
Sep 20 2023 // The Department of Homeland Security wants Congress and other federal agencies to help it streamline 52 different cyber reporting requirements to protect critical infrastructure and ease regulatory burdens on hacking...
US Home Insurance ‘Bubble’ Closer to Popping as Climate Risks Mount: Report
Sep 20 2023 // Home insurance costs that have soared in much of the US may get even higher. Tens of millions of properties around the country are insured at prices that haven’t caught up with the danger of hurricanes, wildfires and...
Houston Contractor Exposed Workers to Falls, Electrical Hazards, and Amputations, U.S. Department of Labor Investigation Finds
Sep 19 2023 // A U.S. Department of Labor workplace safety investigation has found that a Houston-based contractor willfully and repeatedly exposed its workers to falls, electrical hazards and amputations. Following a March 9, 2023,...
Everest Insurance Launches Dedicated Wholesale, Programs Market Division in US
Sep 19 2023 // Everest Insurance, the insurance division of Everest Group Ltd., has launched a dedicated U.S. Wholesale and Programs Division to serve the distinct and evolving needs of this market. “This dedicated offering...
Markets/Coverages: Canopius Expands Into US Excess Casualty Market
Sep 19 2023 // Canopius Group, the London-based specialty re/insurer, announced the strategic expansion of its U.S. casualty business with its entry into the domestic U.S. excess casualty market on Canopius U.S. Insurance Co....
AM Best Revises US Homeowners Insurance Segment to Negative as Losses Persist
Sep 18 2023 // The U.S. homeowners insurance segment has been hit with three consecutive years of net underwriting losses as a result of above-average numbers of natural catastrophes, inflationary pressures and elevated reinsurance...
Report Examines Hot Summer Days Linked to Climate Change in U.S. Cities
Sep 15 2023 // A new analysis shows which U.S. states, regions and cities felt the strongest influence of climate change during the summer – the hottest on record. The analysis from Climate Central, a group of scientists and...
Delta, United Must Face Class Action Over US Airfares
Sep 13 2023 // Delta Air Lines and United Airlines were ordered by a federal judge to face a consumer antitrust class action accusing major U.S. carriers of conspiring to drive up domestic airfares by reducing the number of available...
US Already Sets Record for Yearly Billion-Dollar Weather Disasters
Sep 13 2023 // The deadly firestorm in Hawaii and Hurricane Idalia’s watery storm surge helped push the United States to a record for the number of weather disasters that cost $1 billion or more. And there’s still four months...
Markets/Coverages: US Cyber Industry Loss Index Launched by Perils, CyberAcuView
Sep 12 2023 // A U.S.-focused Cyber Industry Loss Index has been launched by Zurich-based Perils and CyberAcuView, an independent U.S.-based organization formed by leading cyber insurers, to keep capital flowing in the cyber insurance...
Q2 US Commercial Lines Prices Up 6.1%: WTW
Sep 12 2023 // According to WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), commercial insurance prices in the U.S. continued to increase in the second quarter. The quarterly survey, answered by insurance carriers,...
U.S. Settles Sexual Harassment Claims Against Baltimore County Fire Department
Sep 11 2023 // The U.S. Justice Department reports that it has reached a settlement with Baltimore County, Maryland for relief and compensation for female fire department employees subjected to sexual harassment. The settlement resolves...
Hamilton Insurance Group Confidentially Files for US IPO
Sep 8 2023 // Hamilton Insurance Group said on Thursday it has confidentially filed for a U.S. initial public offering, at a time when there is growing momentum for deals involving insurance and reinsurance companies. The U.S. IPO...
FEMA Names Nearly 500 US Communities as ‘Resilience Zones’
Sep 7 2023 // Rikers Island in the Bronx, New York, made the list due to its extreme vulnerability to flooding. Lincoln, Wyoming, was selected because of its high avalanche risk. And the danger of both earthquakes and drought propelled...
Microsoft Says Compromise of Engineer’s Account Led to Chinese Hack of US Officials
Sep 7 2023 // The recently disclosed Chinese hack of senior officials at the U.S. State and Commerce departments stemmed from the compromise of a Microsoft engineer’s corporate account, Microsoft Corp. said in a blog post on...
US Homebuyers Weigh Climate Risk in Picking a House, Zillow Says
Sep 6 2023 // More than four in five US homebuyers are factoring in climate risks when they shop for a new house, according to a new survey by real estate firm Zillow. Some 83% of respondents said they weighed at least one climate risk...
Rate Hikes Not Bringing Profit to US Auto Insurers: Fitch
Sep 4 2023 // Jumps in rates and written premiums did little to move the needle on underwriting profits for U.S. personal auto insurers, Fitch Ratings reported based on a recent review of midyear results of nine big market...
U.S. Department of Justice and Oklahoma Bank Reach Settlement Over Discriminatory Lending Practices in Tulsa
Aug 30 2023 // The U.S. Department of Justice and a northeastern Oklahoma bank have announced a proposed agreement to settle claims that the bank discriminated in lending to Blacks and Hispanics in the Tulsa area. Collinsville-based...
