Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
What Sparks US Wildfires: Power Lines, Burning Trash and Lightning
Aug 15 2023 // The fast-moving fire that ripped through Maui’s historic town of Lahaina killed more than 90 people, making it the deadliest US wildfire in more than a century. The cause of the blaze is still under investigation,...
Maui Fire Is Deadliest in US in 105 Years, With 93 Killed
Aug 14 2023 // The death toll from fast-moving wildfires in Maui rose to 93, making them the deadliest in the US in more than 100 years, as concerns grew about the effectiveness of the island’s emergency alarm system. The number of...
Shippers Warned to Stay Away From Iranian Waters as US-Iran Tensions Run High
Aug 14 2023 // Western-backed maritime forces in the Middle East on Saturday warned shippers traveling through the strategic Strait of Hormuz to stay as far away from Iranian territorial waters as possible to avoid being seized, a stark...
ChatGPT Fever Spreads to US Workplace, Sounding Alarm for Some
Aug 14 2023 // Many workers across the U.S. are turning to ChatGPT to help with basic tasks, a Reuters/Ipsos poll found, despite fears that have led employers such as Microsoft and Google to curb its use. Companies worldwide are...
Political Violence in Polarized US at Its Worst Since 1970s
Aug 11 2023 // As Kristen King’s husband lay dying in their yard from three gunshots to his head, the 911 operator asked her: Did she know who killed him – or why? Sobbing, King identified the shooter as her neighbor in the small...
Allianz Q2 Profit Jumps 7.1% on Higher Results from US Life & Health Insurance
Aug 10 2023 // Allianz SE, the German owner of bond giant Pacific Investment Management Co., said its second-quarter profit jumped from a year earlier as stronger earnings from its insurance business offset weaknesses in its asset...
US Insurers Invested in Fossil Fuels as Climate Risks to Underwriting Mount
Aug 8 2023 // U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets which in turn contribute to the risk of climate-related damage to the underwriting side of their businesses, a new report said...
Insured Loss Estimate for Turkey Earthquake Rises to US$3.4 Billion: PERILS
Aug 8 2023 // The third loss estimate for the Kahramanmaras Earthquake Sequence, which hit large parts of south-central Turkey and neighboring Syria on Feb. 6, 2023, has risen to $3.4 billion, according to PERILS, the independent...
Allianz Ex-Manager Must Face US Fraud Charges On $7B Investor Loss
Aug 7 2023 // A U.S. judge has rejected former Allianz fund manager Gregoire Tournant’s bid to dismiss a criminal fraud case over his role in causing more than $7 billion of investor losses. In an order made public on Friday, U.S....
Specialty P/C Insurers Outperform Their U.S. Peers: Report
Aug 7 2023 // U.S. property/casualty insurers that focused on difficult to place risks distanced themselves from their peers in key metrics measuring earnings, underwriting profitability, balance sheet growth and other indicators of...
Workers’ Compensation Remains Profit Engine for U.S. P/C Insurers
Aug 7 2023 // Workers’ compensation insurers’ underwriting results continued to outpace the rest of the U.S. property/casualty (P/C) commercial sector in 2022, as they benefited from the long-term decline in workplace...
Teva Agrees to Pay $126M to US Hospitals Over Opioids
Aug 4 2023 // Teva Pharmaceutical Industries Ltd has agreed to pay up to $126 million to U.S. hospitals over 18 years to settle claims that its marketing of opioid drugs raised the hospitals’ operating costs. As part of the...
Acturis Enters U.S. Market with Acquisition of Broker Buddha
Aug 4 2023 // After successful entries into the German, French and Canadian insurance markets, software-as-a-service firm Acturis Group has entered the U.S. market with the acquisition of Broker Buddha. Broker Buddha, based in New York...
Report: 244M in U.S. Felt at Least One July Day with Temps Likely Due to Climate Change
Aug 3 2023 // Eight-in-10 people around the globe in July were exposed to one day or more of heat made at least three times more likely by climate change, and 244 million people in the U.S. experienced at least one such day in the...
AP Review Reveals Problematic Dams in US, But Some States’ Data Not Released
Aug 3 2023 // A more than two-year investigation by The Associated Press identified scores of problematic dams nationwide, but New Jersey is excluded from the analysis because the state did not fully respond to the records requests. The...
US Lawmakers Turn to Louisiana for Experience on Climate Change Impacts to Infrastructure
Jul 28 2023 // BATON ROUGE, La. (AP) – This summer – as blistering heat waves scorched the Southwest, wildfire smoke from Canada choked much of North America, a drought in the central U.S. devastated soybean and corn crops, and...
People Moves: Schaper Now AIG Global Chief Underwriting Officer; Brough Head of Aspen Marketing, US Distribution; Giannisis is HUB N.A. Property Practice Leader
Jul 27 2023 // American International Group said Christopher Schaper, currently CEO of AIG Re, has been named global chief underwriting officer of AIG, effective as of the closing of the previously announced sale of Validus Re to...
As Russian Oil Crosses G-7’s Price Cap, US Eyes Soft Enforcement
Jul 27 2023 // The Biden administration is poised to increase outreach to western trading houses, insurers and tanker owners to remind them to abide by the Group of Seven’s price cap on Russian oil as the crude trades over that...
A First Look at How U.S. Insurers Are Adopting Global Climate Reporting Guidelines
Jul 25 2023 // U.S. insurers are adopting numerous strategies to deal with risks from climate change, according to a review out today that gives the first look at how or if insurance companies are adopting the widely used Task Force for...
One Year Old, US Climate Law is Turbocharging Clean Energy, Raising Issues for Insurers
Jul 25 2023 // On a recent day under the July sun, three men heaved solar panels onto the roof of a roomy, two-story house near the banks of the Kentucky River, a few miles upstream from the state capitol where lawmakers have promoted...
