Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
AXA XL Names Bertha to Lead U.S. East Region Multinational Casualty Group
May 17 2019 // AXA XL has promoted Marc Bertha as team lead for the U.S. Eastern Region Multinational Casualty group. Based in New York, Bertha will be leading the region’s underwriting team whose overall mission is to partner with...
Senators Urge Allies to Heed Trump’s Warning on China’s Huawei
May 17 2019 // U.S. senators warned allies that Chinese telecommunications companies such as Huawei Technologies Co. can’t meet security standards for advanced networks due in part to Chinese law that demands cooperation with...
Bayer’s Strategy on Roundup Litigation Rests on EPA Glyphosate Finding
May 17 2019 // Bayer AG plans to argue that a $2 billion jury award and thousands of U.S. lawsuits claiming its glyphosate-based weed killer Roundup causes cancer should be tossed because a U.S. regulatory agency said the herbicide is...
California’s New Climate and Sustainability Chief in Talks with Insurers
May 16 2019 // Powered by InsuranceJournal.tv Michael Peterson has had about five months to come in and tackle what promises to be unique job. Peterson is California’s deputy commissioner for climate and sustainability. After...
Hartford to Close on $2.1 Billion Acquisition of Navigators on May 23
May 16 2019 // The Hartford said it has received all regulatory approvals needed to complete its acquisition of specialty insurer Navigators Group on May 23. “This acquisition is a significant milestone for our company and...
Commercial Insurance Prices Were Up 3% Globally, 1.1% in U.S. in Q1: Marsh
May 16 2019 // Average global commercial insurance prices increased 3% in the first quarter of2019, according to broker Marsh. This represents the sixth consecutive quarter of average commercial insurance pricing increases, Marsh said in...
U.S. Blacklisting of China’s Huawei to Disrupt Global Technology Supply Chain
May 16 2019 // The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world’s top supplier of...
U.S. Delays Review of Spectrum for Vehicles to Communicate
May 16 2019 // Federal Communications Commission Chairman Ajit Pai on Wednesday delayed plans to begin in June a comprehensive review of a valuable band of spectrum reserved for vehicles to communicate with one another. Pai on Tuesday...
Oil, Gas Shippers Brace for Rise in Insurance Premiums After Saudi Ship Attacks
May 16 2019 // Asian shippers and refiners have put ships heading to the Middle East on alert and are expecting a possible rise in marine insurance premiums after recent attacks on Saudi oil tankers and pipeline facilities, industry...
Insurers Face Higher Claims from Severe Convective Storms in Germany
May 16 2019 // Swimmers at the Lusshardtsee lake about 60 miles south of Frankfurt in Germany thought they’d found respite from the blazing sun one Sunday afternoon last summer. Unknown to them, however, sweltering ground...
Gymnasts to Texas Lawmakers: Allow Sex Abuse Victims to Sue Institutions
May 16 2019 // Former U.S. national team gymnasts backing a Texas bill that would allow victims of sexual abuse more time to sue in civil court on Monday urged the state’s lawmakers to restore a key provision allowing those...
Midwest Farmers Feel Pain of Trade War with China
May 15 2019 // China’s announcement of higher tariffs on $60 billion of American exports — retaliation for President Donald Trump’s latest penalties on Chinese goods — hit particularly hard in the farm belt. China’s...
Trump Readies Security Order Limiting Huawei, Other Foreign Telecoms
May 15 2019 // President Donald Trump is expected to sign an executive order this week barring U.S. companies from using telecommunications equipment made by firms posing a national security risk, paving the way for a ban on doing...
$2 Billion Verdict Far From End of Roundup Litigation Challenges for Bayer
May 15 2019 // Bayer shares continued to fall on Tuesday after a California jury on Monday awarded more than $2 billion in damages to a couple who alleged that the company’s glyphosate-based weed killer Roundup caused their...
U.S. to Consider Opening Unused Spectrum Band for ‘Talking’ Vehicles
May 15 2019 // The U.S. Federal Communications Commission plans to vote in June on launching a new review of a key spectrum band reserved for automakers that could boost Wi-Fi use, a person briefed on the matter said on Tuesday. In 1999,...
BPL Global Adds Marsh’s DeCarlo to Grow Credit, Political Risk Business in U.S.
May 15 2019 // Credit and political risk insurance brokerage specialist BPL Global has appointed Donnie DiCarlo as executive vice president. He will be based in New York and is charged with expanding BPL’s client base in the U.S....
National Labor Board Memo Says Uber Drivers Are Contractors, Not Employees
May 15 2019 // Drivers for ride-hailing company Uber Technologies Inc. are independent contractors and not employees, the general counsel of a U.S. labor agency has concluded, in an advisory memo that is likely to carry significant...
Cyber Insurance Growth Slowed in Reaching $2 Billion in 2018, Says Fitch
May 15 2019 // The cyber insurance market remains a source of growth for U.S. property/casualty insurers; however, that growth is slowing, according to Fitch Ratings. The industry’s total direct written cyber premiums grew 8% in...
Georgia Insurance Regulator Faces 38 Count Indictment for Defrauding Insurer; Claims Innocence
May 14 2019 // A federal grand jury has indicted Georgia Insurance Commissioner Jim Beck on 38 counts of wire fraud, money laundering and mail fraud in an alleged $2 million scheme to defraud the Georgia Underwriting Association (GUA),...
Official: Houston Ship Channel Restrictions Could Continue All Week
May 14 2019 // The Houston Ship Channel could remain under one-way travel restrictions all week following a collision between a deep-draft ship and a barge that spilled petrochemicals into the waterway, according to an official. About...