Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. Probing Nearly 350 Reports of Oil Spills in Hurricane Ida’s Wake
Sep 7 2021 // The U.S. Coast Guard said on Sept. 6 it was investigating nearly 350 reports of oil spills in and along the U.S. Gulf of Mexico in the wake of Hurricane Ida. Ida’s 150 mile-per-hour (240 kph) winds wreaked havoc on...
German Regulators Begin Investigation Into Allianz U.S. Investment Funds
Sep 7 2021 // German regulators have launched an investigation into the country’s biggest financial company, Allianz, after the demise of some of its U.S. investment funds last year, people with direct knowledge of the matter told...
Vantage Expands Into Healthcare, Excess Casualty in Bermuda, U.S.
Sep 6 2021 // Bermuda’s Vantage Group Holdings Ltd. is introducing new product offerings in healthcare and excess casualty. Vantage was established in late 2020 and began writing reinsurance risk on January 1, 2021, through its...
Analysts Foresee Modest Economic Damage in U.S. From Ida; Peg Insured Losses at $10B
Aug 31 2021 // With more than 1 million customers in Louisiana and Mississippi having lost power, Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast. But the...
Second Insurance Business Transfer in U.S. Approved in Oklahoma
Aug 31 2021 // An Oklahoma court has approved Sentry Insurance Co.’s (Sentry) Insurance Business Transfer (IBT) Plan, insurance regulators say. This is the second IBT completed in the United States, according to the Oklahoma...
U.S. Treasury Begins Inquiry Into Climate Risks in Insurance
Aug 31 2021 // The U.S. Department of the Treasury has announced that the Federal Insurance Office (FIO) is requesting information and soliciting public comment on the insurance sector and climate-related financial risks. FIO said the...
Report: More U.S. Residents Heading Toward Climate Change Dangers Than Away
Aug 26 2021 // It’s counterintuitive to run toward a fire, or any risk for that matter, but that mindest doesn’t seem to always hold. U.S. counties with the biggest proportions of homes facing high heat, drought, fire, flood...
US Golf Association Employee Charged in Embezzlement Scheme
Aug 26 2021 // A former United States Golf Association employee has been charged in a scheme to embezzle funds from the unauthorized sale of U.S. Open Championship tickets, Acting United States Attorney Jennifer Arbittier Williams...
People Moves: Insurtech Joyn Adds Schoberth; Chubb’s Lubin Joins Crum & Forster; TransRe Promotes O’Gwen; AXA XL’s Klimczak Moves to U.S.
Aug 25 2021 // Insurtech Joyn Adds Schoberth as Chief Distribution Officer Insurance technology company Joyn Insurance announced the addition of Uwe Schoberth as chief distribution officer. The role will focus on developing broker...
People Moves: Howden Names Willis’ Everling as CEO Netherlands, Corporate; Carpenter’s Christian to BMS Re; Aon Reins Hires TigerRisk’s Jackson in U.S.
Aug 25 2021 // This edition of International/Reinsurance People Moves details appointments at three brokers: Howden, BMS Re and Aon with roles in the Netherlands and the U.S. A summary of these new hires follows here. Howden Appoints...
Death Toll Soars from Haiti Earthquake; U.S. Deploys Search and Rescue Teams
Aug 16 2021 // The U.S. deployed search and rescue teams to help find survivors among the debris of collapsed buildings in Haiti as the death toll soars from Saturday’s massive earthquake. At least 1,297 people were killed after...
Global Insured Disaster Losses Reach US$42B in H1 as 2nd Highest on Record: Swiss Re
Aug 13 2021 // Estimated insured losses from natural catastrophes reached US$40 billion during the first half – driven by a deep winter freeze, hailstorms and wildfires, while man-made disasters triggered another estimated US$2 billion...
Overheated, Underprotected: Climate Change Is Killing U.S. Farm Laborers
Aug 13 2021 // Florencio Gueta Vargas showed up for his usual shift at a hops farm in Toppenish, Washington, on Thursday, July 29. The father of six would never make it home. It was a sweltering day with temperatures topping 100 degrees...
Concerned Scientists Outline What U.S. Should Do to Deal with Climate Change
Aug 12 2021 // Six insurers have ruled out Arctic refuge drilling, according to a report out this week from the Gwich’in Steering Committee. The Gwich’in are the northernmost Indian Nation living in 15 villages scattered...
U.S. Is Vulnerable Enough to Hurricanes. We Don’t Need Another Storm From an Insurance Tax.
Aug 12 2021 // As a longtime Florida resident, I have witnessed the destructive power of hurricanes on the lives and properties of countless Floridians and others across the Atlantic and Gulf coasts. Hurricanes can pack such enormous...
Update: U.S. Companies Making Masks, Vaccines Mandatory
Aug 12 2021 // The resurgence of COVID-19 cases in the United States due to the Delta variant and the new guidance from the U.S. Centers for Disease Control and Prevention (CDC) that requires fully vaccinated individuals to wear masks...
U.S. Fines Company $35M Over North Dakota Drilling Wastewater Spill
Aug 9 2021 // An oil company that waited more than five months to investigate and report a 2014 pipeline spill in North Dakota that discharged more than 29 million gallons of drilling wastewater has agreed to pay more than $35 million...
U.S. West Consumer Survey: 4-in-10 Policyholders Don’t Talk to Insurer About Wildfire Risks
Aug 5 2021 // Most residents of the wildfire-plagued Western U.S. believe in mitigation efforts, but fewer are actually taking such steps – while more than 40% have never spoken to their insurer about wildfire risk, according to a...
U.S. Tech Firm Operates 100% Autonomous Semi Truck on China Highway
Aug 5 2021 // A semi truck with driverless technology successfully completed a demonstration in busy traffic on a highway in an economic center in China, according to the California firm, Plus, that provided the driverless...
Mexico Seeks $10 Billion in Damages in Liability Suit Against U.S. Gun Makers
Aug 4 2021 // Mexico sued several gun makers in a U.S. federal court on Wednesday, accusing them of reckless business practices that supply what it called a “torrent” of illegal arms to violent Mexican drug cartels, leading...
