Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
AXIS Insurance Hires 6 Underwriters for Cyber and Technology Team
Nov 5 2020 // AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of three lead underwriters and three senior underwriters within its U.S. Cyber and Technology team. The three...
Analysis: Exit from Paris Agreement Creates Climate Liability for U.S. Businesses
Nov 5 2020 // The outcome of the U.S. general election is not yet clear. What’s been obvious for months is that climate change was on the ballot, and the U.S. election matters for global climate action. And one thing is certain:...
Threat of U.S. Insurance Regulatory Crackdown Fades Without Democratic ‘Blue Wave’
Nov 5 2020 // Insurers appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic “Blue Wave,” which would have allowed progressives to push for broad reforms, failed to...
U.S. Officially Becomes 1st Nation to Exit Paris Climate Pact
Nov 4 2020 // The U.S. has officially become the first nation to quit the Paris climate agreement, even as the outcome of the country’s presidential race remains undetermined. President Donald Trump, who’s fighting for...
AXIS Insurance Adds 3 Underwriters to Renewable Energy Team in U.S.
Nov 4 2020 // AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the addition of three new underwriters to its U.S. Renewable Energy team, effective immediately. Kristopher Williams and...
Bayer Fails to Settle U.S. Roundup Lawsuits, Risking Restart of Federal Trials
Nov 3 2020 // Bayer AG failed to settle outstanding U.S. Roundup lawsuits by Monday, the deadline set by a judge who has said he’ll resume federal trials over claims the weedkiller caused consumers’ cancer. Ahead of its...
U.S. Cities Prepare for Possible Election Unrest
Nov 3 2020 // Temporary extra fencing has been erected around the White House, plywood affixed to storefronts in Manhattan and the National Guard put on notice in Portland, Oregon, as U.S. cities braced for possible unrest on election...
Disbarred New York Attorney Pleads Guilty to Stealing 9/11 Victim Compensation Funds
Nov 2 2020 // A disbarred attorney based in Yorktown Heights, N.Y., has pled guilty in White Plains federal court to stealing government funds. Gustavo L. Vila’s plea results from his theft of approximately $1 million that the...
Update: Insurance Price Tag from Hurricane Zeta Estimated at $4.3B in U.S.
Nov 2 2020 // Insurers are bracing for a hit of about $4.3 billion from Hurricane Zeta in the United States, catastrophe modeling company Karen Clark & Co (KCC) said on Monday. At least six people were killed in the southeast of the...
Russia-Based Hackers Plan New Wave of Attacks Against U.S. Hospitals: Security Firm
Nov 2 2020 // A Russia-based ransomware group responsible for a new wave of attacks against U.S. hospitals is laying the groundwork to cripple at least ten more, according to the cyber-security firm Prevailion Inc. Prevailion’s...
Retail Investors Placed Bids for Record $3 Trillion of Shares in Ant Group’s IPO
Nov 2 2020 // Retail investors placed bids for a record $3 trillion of shares in Ant Group Co. Ltd.’s dual listing in an unprecedented show of interest by mom-and-pop savers betting on demand for its financial services in...
Argo Checking Out of Grocery, Restaurant and Other Retail Insurance Lines
Oct 30 2020 // Specialty insurer and reinsurer Argo Group International is exiting the grocery and retail lines of business, which include providing general liability and self-insured retention risk management programs for grocery...
It Would Take P/C Insurers 150 Years to Pay COVID-19 Business Interruption Losses
Oct 30 2020 // The world’s property/casualty insurers would have to collect business interruption insurance premiums for 150 years in order to absorb the estimated US$4.5 trillion global output loss inflicted by COVID-19 and its...
Fast-Moving Zeta Wallops Louisiana, Causes Blackouts Across South; Damages Could Hit $5B
Oct 29 2020 // Tropical Storm Zeta is spinning across the U.S. South after walloping New Orleans, blacking out 1.9 million homes and businesses and leaving a trail of wreckage from Louisiana to North Carolina. Zeta made landfall near...
Facebook Faces UK Legal Action Involving Cambridge Analytica Scandal
Oct 29 2020 // Facebook Inc. risks being dragged into a UK legal dispute involving almost 1 million British users affected by the Cambridge Analytica scandal, two years after revelations about the misuse of private data caused a global...
Dozens of U.S. Hospitals Hit With String of Ransomware Attacks
Oct 29 2020 // Eastern European criminals are targeting dozens of U.S. hospitals with ransomware, and federal officials on Wednesday urged healthcare facilities to beef up preparations rapidly in case they are next. The FBI is...
EPA Denies Ban; Permits Farmers’ Use of Dicamba-Based Weed Killers for Five Years
Oct 28 2020 // The U.S. Environmental Protection Agency said on Tuesday it will allow farmers to spray crops with weed killers based on the chemical dicamba that are sold by Bayer AG and other companies, after a U.S. appeals court...
Lawsuit Alleges Uber Uses ‘Biased’ Rider Ratings to Fire Drivers
Oct 27 2020 // Uber Technologies Inc. was accused in a lawsuit of violating the U.S. Civil Rights Act by firing minority drivers based on how they’re rated by customers. “Uber is aware that passengers are prone to...
How Auto Workers Are Keeping Factories Running and Masks On
Oct 27 2020 // When the coronavirus pandemic slammed the United States in March, the Detroit Three automakers shut their plants and brought their North American vehicle production to an unprecedented cold stop. Now, four months after a...
UPDATE: Tropical Storm Zeta Makes Landfall in Mexico, Threatens U.S. Gulf Coast
Oct 27 2020 // Zeta will move into the Gulf of Mexico in the next few hours after making landfall on the Yucatan Peninsula, then regain strength as it heads north toward Louisiana and likely comes ashore Wednesday. Now a tropical storm...
