Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Europeans Join Wave of Nations Halting Boeing 737 MAX Flights; Trump Comments
Mar 12 2019 // The European Union’s aviation safety regulator on Tuesday suspended all flights in the bloc byBoeing 737 MAX planes in the biggest setback yet for the U.S. planemaker following a crash in Ethiopia that killed 157...
Insurers Face Big Claims from Victims’ Families After Boeing 737 MAX Crash: Sources
Mar 12 2019 // Boeing Co.’s insurers face big claims from families of the victims of the Ethiopian Airlines crash, coming less than six months after the crash of the same type of Boeing aircraft in Indonesia, insurance and aviation...
Mississippi, Ohio River Communities, Businesses Brace for Spring Floods
Mar 12 2019 // High water on the Ohio and Mississippi Rivers is snarling barges loaded with grain, chemicals and fuel, and forecasters are worried things will get worse once the snow starts to melt. The looming U.S. spring could bring a...
U.S. Commercial Insurance Prices Inched Up in Q4
Mar 11 2019 // U.S. commercial insurance carriers again earned price increases in the 2018 fourth quarter, but the growth was slight. Premiums during the quarter grew just under two percent on average compared to the same period in 2017,...
China Re Launches Renewable Energy Consortium for Offshore Wind Farms in China
Mar 11 2019 // China Re Corp. announced the launch of a renewable energy consortium at Lloyd’s, focused on project specific reinsurance for the construction and operation of offshore wind farms in mainland China. China Re’s...
Australia Floods Cost Insurers US$635M in February: Aon’s Catastrophe Recap
Mar 8 2019 // Australia’s Northern Queensland experienced widespread flooding from Jan. 26 to Feb. 7, which cost insurers more than A$893 million (US$635 million) with total economic losses of at least A$1.7 billion (US$1.2...
Exxon Mobil, U.S. Reach Settlement Over 2013 Texas Refinery Fire
Mar 8 2019 // The U.S. Justice Department and Exxon Mobil Corp have reached a settlement resolving Clean Air Act violations stemming from a 2013 fire at the company’s Beaumont, Texas, refinery that killed two employees and injured...
Beyond Nassar: Michigan State University Assessing Insurance Options
Mar 8 2019 // Michigan State University continues to explore its insurance coverage options with regard to sexual assault or molestation claims brought against the school after rejecting renewal coverage offered by its long-term...
Credit Rating Downgrades on U.S. P/C Insurers Doubled in 2018, Says A.M. Best
Mar 6 2019 // Credit rating downgrades in the U.S. property/casualty (P/C) insurance segment more than doubled year over year in 2018, reversing a trend of annual declines since 2014, according to a new A.M. Best report. The report says...
Judge Orders PG&E Compliance With Fire-Safety Laws
Mar 6 2019 // A federal judge is requiring PG&E Corp. to abide by rules governing how the utility operates its power lines in California, seeking to reform what he described as “dismal” management that led to a series of...
Allianz Specialty Moves Ossena to U.S. to Head North American Marine Business
Mar 6 2019 // Allianz Global Corporate & Specialty AGCS) announced that Baptiste Ossena, global product leader of Hull and Marine Liabilities (HML), is assuming additional responsibility as the North American regional head of...
Employers May Have to Begin Reporting Gender Pay Data This Spring
Mar 6 2019 // Companies with more than 100 employees will have to report to the U.S. government data about how much workers are paid broken down by sex, race and ethnicity, possibly as soon as this spring, according to a new court...
FDA Warns of Asbestos in Claire Cosmetics; Seeks New Rules on Talc
Mar 6 2019 // The U.S. Food and Drug Administration called on Congress to modernize rules for cosmetics safety on Tuesday after it issued an alert warning consumers not to use three cosmetics products sold by Claire’s Stores Inc....
Connecticut’s Great Depression May Soon Be Over: Fox
Mar 5 2019 // Big news! Going by third-quarter state gross domestic product data that were just released, Connecticut’s economy is on track to grow more than 2 percent in 2018! That’s … not much. But it’s better...
Trump Administration Allows Lawsuits Against Some Businesses in Cuba
Mar 5 2019 // The Trump administration said on Monday it would allow lawsuits by U.S. citizens against dozens of Cuban companies and other entities on Washington’s blacklist but will maintain, for now, a ban against suing foreign...
Industry Eyes Renewal of U.S. Terror Reinsurance and Alternatives Should Congress Fail
Mar 5 2019 // U.S. insurers are pushing for the extension of a federal terrorism risk insurance program, hoping to fend off a possible gap that would leave their clients scrambling for alternate coverage. The program, which expires at...
China Seeks to Reach Deal with U.S. to Open Financial Sector, Despite Difficult Talks
Mar 5 2019 // China can “absolutely” reach an agreement with the United States on opening up its financial sector, China’s top banking regulator said on Tuesday, even as the country’s commerce minister admitted...
San Antonio Area Drug Company Sales Rep Pleads Guilty in $8M Fraud Scheme
Mar 5 2019 // A former pharmaceutical representative has pleaded guilty in Texas to a role in an $8 million health care fraud scheme that netted her over $1 million, according to U.S. Attorney John Bash and FBI Special Agent in Charge...
NTSB: Second Black Box from Doomed U.S. Cargo Plane Found in Texas Bay
Mar 4 2019 // Searchers combing a shallow Texas bay have recovered the second of two flight recorders from a cargo plane hauling Amazon packages that crashed last week, the National Transportation Safety Board said on Sunday, two days...
With Opioid Litigation Mounting, Purdue Pharma Exploring Bankruptcy: Reuters
Mar 4 2019 // OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from thousands of lawsuits alleging the drug manufacturer contributed to the deadly opioid crisis sweeping...
