Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
What the New U.S.-China Trade Agreement Says on Insurance
Jan 15 2020 // President Donald Trump and Chinese Vice Premier Liu He signed an economic and trade agreement that promises to increase the agricultural and other goods and services China will buy from the U.S. by $200 billion. For its...
West Virginia to Receive $866K Grant for Flood Recovery
Jan 15 2020 // The U.S. Labor Department awarded $866,675 for flood recovery in West Virginia, the state’s U.S. senators announced. The funding is through the Disaster Recovery National Dislocated Worker Grant Program. Flooding in...
One80 Intermediaries Acquires Pennsylvania’s Vista Underwriting Partners
Jan 15 2020 // One80 Intermediaries, a national wholesale insurance broker and program manager headquartered in Boston, Mass., has acquired Vista Underwriting Partners, a full service managing general underwriter of medical stop loss...
Supreme Court Declines to Hear Bonds Dispute in Puerto Rico Bankruptcy
Jan 14 2020 // The U.S. Supreme Court on Monday declined to take up a dispute that has roiled the $3.8 trillion U.S. municipal bond market over payments on special revenue bonds that grew out of Puerto Rico’s ongoing...
Brit Global Specialty Names AIG’s Ruhlman to U.S. Cyber Team
Jan 14 2020 // Brit Ltd. has named Douglas Ruhlman as assistant vice president, Cyber, for Brit Global Specialty USA. Ruhlman will work to support the underwriting and growth of Brit’s U.S. cyber portfolio. He will report to Jeff...
Nonprofit Opening Flood Risk Model to Researchers and Public
Jan 14 2020 // A nonprofit flood risk research organization is offering the first publicly available flood risk model that predicts the probability of flooding for homes and properties across the United States. Brooklyn, N.Y.-based First...
ArgoGlobal Names Shallow Head of Int’l Specialty, MacDonald Head of Non-U.S. Casualty
Jan 14 2020 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the appointment of Jeremy Shallow as head of International Specialty and Ross MacDonald as head of non-U.S. International Casualty. Shallow reports...
Supreme Court Shows Interest in Child Slavery Appeals by Nestle, Cargill
Jan 14 2020 // The U.S. Supreme Court signaled interest in giving companies a broader shield from lawsuits by victims of overseas atrocities, asking the Trump administration for advice on a case stemming from child slavery on cocoa farms...
Lead, Uranium Found After Detroit River Aggregate Spill, EPA Says
Jan 13 2020 // Federal environmental officials found uranium, lead and several chemicals during testing of an industrial site where limestone construction aggregate material spilled into the Detroit River last year, a state agency...
Liberty Mutual Re Appoints Burke as VP, Director of Assumed Reinsurance
Jan 13 2020 // Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance, has appointed Susan E. Burke as vice president and director of Assumed Reinsurance in its Casualty Treaty department. She will be based in LM Re’s office...
U.S. Panel Backs Tougher Asbestos Testing Standards for Cosmetics
Jan 13 2020 // An expert panel formed by the U.S. Food and Drug Administration has endorsed asbestos testing standards for cosmetics that reject long-held industry positions and reflect those of public health authorities and experts for...
Lawsuits Over Missing Malaysia Plane Belong in Malaysia, Not U.S., Court Affirms
Jan 13 2020 // A U.S. appeals court on Friday upheld a lower court decision to dismiss nationwide litigation over the disappearance of Malaysia Airlines Flight MH370 in which victims’ families sought to hold the carrier, its...
Workers’ Comp Profits at Risk from Growing Competition, Lower Rates: A.M. Best
Jan 13 2020 // Workers’ compensation carriers’ ability to retain profitable accounts and maintain market share could be challenged due to declining rates and growing competition in the U.S., according to an A.M. Best...
January 2020 Reinsurance Renewals Varied Significantly, Brokers Say
Jan 13 2020 // The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss record and client relationships, according to two reports published by...
Counselor: Students ‘Excited’ About Insurance After Zurich’s Apprenticeship Summit
Jan 10 2020 // Despite having established its earn-and-learn apprenticeship program in the U.S. several year ago, insurer Zurich North America for the first time hosted an Apprenticeship Week Summit for high school students last...
Australia’s Bushfires Could Surpass 2009’s Costly Season; Analysts, Insurers Comment
Jan 10 2020 // Australia’s bushfire season has months to run and could easily surpass the most costly fire season, 2009’s Black Saturday fires in Victoria, which had a price tag of an estimated A$4.4 billion (US$3 billion),...
Chamber of Commerce to Fight Corporate Breakups, Gig Worker Benefits
Jan 10 2020 // The leader of the U.S. Chamber of Commerce said the powerful business group will fight to reverse liberal policies being pushed in the states and by some Democratic candidates for president. “We will lead the...
Steelworkers Union Sues to Reverse EPA Weakening of Chemical Plant Rules
Jan 10 2020 // The United Steelworkers sued the U.S. Environmental Protection Agency in federal court on Thursday in a bid to reverse its gutting of a safety rule at chemical plants, the union said. The largest U.S. industrial...
New York Governor Lays out Aggressive Climate Change Plan
Jan 9 2020 // New York Gov. Andrew Cuomo is proposing an aggressive climate change-fighting campaign for his state that includes a $3-billion bond act that would be put on the ballot this November. Cuomo, who says that money would go to...
Veteran Aon Executive Fitzgerald Joins QBE North America Specialty & Commercial
Jan 9 2020 // A long-time Aon executive is signing on with QBE North America as its new president of Specialty & Commercial. Tom Fitzgerald is taking on the new position in February 2020 after being with Aon Risk Solutions for more...
