Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Boeing Says 737s’ Optional Data Display Alert Was Not Safety Risk
May 6 2019 // Boeing Co. did not tell U.S. regulators for more than a year that it inadvertently made an alarm alerting pilots to a mismatch of flight data optional on the 737 MAX, instead of standard as on earlier 737s, but insisted on...
U.S. P/C Commercial Lines Market ‘Best in Years,’ Says Chubb CEO Greenberg
May 6 2019 // Chubb Chairman and CEO Evan Greenberg referred to his company as being in the midst of a “rational market” and appeared pleased with its direction and tone so far in 2019. “In the first quarter, in total,...
More States Could Settle Opioid Suits in Wake of West Virginia’s McKesson Deal
May 6 2019 // McKesson Corp.’s settlement of an opioid lawsuit with West Virginia — the state with the highest U.S. rate of drug-overdose deaths — may encourage other states to seek quick cash to cope with the rising...
JLT Re’s Chandler Joins Reinsurance Broker BMS as U.S. Operations President
May 6 2019 // Reinsurance broker BMS Group has named Pete Chandler as president of its U.S. reinsurance operations. Chandler joins from JLT Re, where he was deputy CEO of the U.S. reinsurance broking arm of the group. He joined JLT Re...
McKesson to Pay $37M to Resolve West Virginia Opioid Suit
May 6 2019 // Drug distributor McKesson Corp has agreed to pay $37 million to resolve a lawsuit by the state of West Virginia alleging it helped fuel a U.S. opioid epidemic by failing to stop suspicious orders of painkillers by...
U.S. Supreme Court Says Tennessee Utility Can be Sued for Commercial Activity
May 6 2019 // The U.S. Supreme Court has ruled the Tennessee Valley Authority can be sued over its commercial activity. But it left a lower court to decide whether the case of an Alabama man injured by a power line can proceed. The...
Business Moves
May 6 2019 // National ProAg, AmTrust Agriculture Producers Ag Insurance Group Inc. has agreed to acquire Leawood, Kan.-based managing general agent AmTrust Agriculture Insurance Services. The deal, which is subject to regulatory...
People
May 6 2019 // National Robert Bauer has joined insurance broker Marsh to lead its U.S. Sharing Economy & Mobility Practice. Bauer will focus on developing and delivering products and services to companies operating in the new...
Louisiana Senators Say Agreement Reached on Federal Flood Aid for Homeowners
May 3 2019 // The Trump administration has agreed to rewrite regulations to help thousands of Louisiana homeowners with damage from the 2016 floods access federal aid, the state’s U.S. senators said Thursday. Republican Sens. Bill...
Congressional Budget Office Warns of ‘Potentially Disruptive’ Move to ‘Medicare for All’
May 3 2019 // Congressional budget experts said this week that moving to a government-run health care system like “Medicare for All” could be complicated and potentially disruptive for Americans. The report from the...
Deadly African Swine Virus Sends Shock Waves Through Global Food Chain
May 3 2019 // What started with a few dozen dead pigs in northeastern China is sending shock waves through the global food chain. Last August, a farm with fewer than 400 hogs on the outskirts of Shenyang was found to harbor African...
Samsung Fire & Marine Insurance Takes Minority Stake in Canopius
May 3 2019 // Canopius AG announced it has entered into a strategic partnership with Samsung Fire & Marine Insurance (SFMI). Under the terms of the transaction, SFMI will become a significant minority investor in Canopius. The...
Jury Finds Insys Founder, Execs Guilty of Racketeering in Opioid Sales
May 3 2019 // Insys Therapeutics Inc. founder John Kapoor was convicted of a racketeering conspiracy that drove sales of a highly addictive opioid while contributing to a nationwide epidemic. Federal jurors in Boston found that Kapoor...
U.S. Eases Offshore Drilling Rules Adopted After Gulf Oil Spill
May 3 2019 // The Trump administration unveiled on Thursday its final plan to roll back offshore drilling safety measures put in place by the Obama administration after the fatal 2010 BP Deepwater Horizon oil spill, the worst in U.S....
House Passes Climate Now Act, But What’s The Next Step?
May 2 2019 // The U.S. must take an active role in mitigating climate change on the global stage. So says the U.S. House of Representatives, which voted today on H.R. 9, the Climate Action Now Act. The bill, which passed 231-190,...
Boeing Aims to Move Lion Air Crash Lawsuit from Chicago HQ to Indonesia
May 1 2019 // Faced with lawsuits over a plane crash half a world away, Boeing Co. is arguing it shouldn’t have to defend itself in a courtroom a short walk from its corporate headquarters. The world’s largest planemaker has...
Losses from Cryptocurrency Thefts, Fraud Surged to $1.2 Billion in Q1: Report
May 1 2019 // Losses from the theft of cryptocurrencies from exchanges and fraud-related activities surged in the first quarter of the year to $1.2 billion, or 70 percent of the level for all of 2018, cyber-security firm CipherTrace...
Weed Killer Chemical Glyphosate Is Not a Cancer Agent, Says EPA, Contradicting Juries
May 1 2019 // The U.S. Environmental Protection Agency said on Tuesday that glyphosate, a chemical in many popular weed killers, is not a carcinogen, contradicting recent decisions by U.S. juries that found that it caused cancer in...
Why the Missouri River Is Just Going to Keep On Flooding: Viewpoint
Apr 30 2019 // The Missouri River used to be out of control. “It cuts corners, runs around at nights, fills itself with snags and traveling sandbars, lunches on levees, and swallows islands and small villages for dessert,” is...
Hiscox Appoints Hill from Blackboard Insurance Co. as Head of Claims in the U.S.
Apr 30 2019 // Hiscox, the Bermuda-headquartered specialist insurer, announced the appointment of Melissa Hill as head of Claims in the United States. Hill, who has more than a decade of experience in claims operations, will oversee the...
