Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Automation and Workers of the Future
Feb 4 2019 // Automation won’t be replacing the entire workforce but about one-quarter of U.S. jobs could be severely disrupted as artificial intelligence (AI) takes hold in the near future. According to a new Brookings...
When Rebuilding After Hurricanes, Big Homes Replace Small
Feb 4 2019 // Trend Is Playing Out in Areas Prone to Extreme Winds and Storm Surge A study of hurricane-hit areas of the United States has revealed a trend of larger homes being built to replace smaller ones in the years following a...
Insurance Agents Assured of Trump Pass-Through Tax Break Under Final Treasury Rule
Feb 4 2019 // The U.S. Treasury issued final regulations and other guidance on a provision of the Tax Cuts and Jobs Act that allows owners of sole proprietorships, partnerships, trusts, and S corporations to deduct up to 20 percent of...
Nonprofits Prove to be a Growing and Loyal Niche
Feb 4 2019 // Nonprofits are growing, which is good news for agents and brokers specializing in this diverse niche market. Data released by the U.S. Department of Labor’s Bureau of Labor Statistics in August 2018 shows that the...
Copters, Cops, Canines Patrol Atlanta; NFL Reports No Super Bowl Threats
Feb 1 2019 // The National Football League is not aware of any security threats against Sunday’s Super Bowl, the league’s top security officer said Wednesday. “We have no credible or specific threats that have been...
Risk Management Is Answer to Football’s Insurance Problem, Says Top Sports Broker
Feb 1 2019 // ESPN ran an in-depth report recently about insurers being unwilling to cover the National Football League (NFL) for general liability and workers’ compensation due to concerns over player concussions and traumatic...
The Polar Vortex And Climate Change
Jan 31 2019 // A new report outlines the numerous risks insurers face from climate change. The report from Sustainalytics, a provider of ESG (environmental, social and governance) and corporate governance products and services, shows...
Judge Says PG&E Has ‘Clear-Cut’ Pattern of Starting Wildfires
Jan 31 2019 // A federal judge who has emerged as a vocal critic of PG&E Corp.’s safety record, said the California utility giant has a “clear-cut pattern” of starting wildfires and needs “strong...
Insured Losses from Sydney Hailstorms Estimated at A$635M (US$457.5M): PERILS
Jan 31 2019 // Initial insured property losses for December’s hailstorms in Sydney are estimated at A$635 million (US$457.5 million), according to PERILS, the independent Zurich-based organization that provides industry-wide...
Judge Nixes $50 Million Yahoo Email Breach Settlement
Jan 31 2019 // A U.S. judge rejected Yahoo’s proposed settlement with millions of people whose email addresses and other personal information were stolen in the largest data breach in history, faulting the Internet services...
Fitzgerald, Chief of Broking, Exits Aon After 27 Years
Jan 30 2019 // Global insurance broker Aon reported that Tom Fitzgerald is leaving the firm after 27 years of service. Fitzgerald most recently served as chief executive of Aon Broking, and before that he led the U.S. Commercial Risk and...
CIA Says China, Russia Pose Biggest Cyber Attack Threats to U.S.
Jan 30 2019 // Russia and China pose the biggest espionage and cyber attack threats to the United States and are more aligned than they have been in decades, the leader of the U.S. intelligence community told U.S. senators on...
Lloyd’s Appoints Former U.S. Senator Sununu as Member of Council
Jan 30 2019 // Lloyd’s confirmed the appointment of former U.S. Senator John E. Sununu of New Hampshire as a new member of its Council for a three-year term, beginning Feb. 6, 2019. During his tenure in the Senate, Sununu served on...
Singapore Data Leak of Records of 14,200 HIV Patients Blamed on U.S. Citizen
Jan 29 2019 // Records of as many as 14,200 people with HIV and their 2,400 contacts have been “illegally disclosed online”, Singapore’s health ministry said in a statement, marking the second cyber attack the...
Assessing Effects of Government Shutdown on Wildfires, Workforce, Research
Jan 28 2019 // The government may be reopening, but the consequences of the longest federal shutdown in U.S. history are likely to linger for national parks, forests, the federal workforce and cutting-edge scientific research. Some may...
Why Many Americans Will Never Be Able to Retire: Viewpoint
Jan 25 2019 // Traditionally, Americans could look forward to a comfortable retirement. After four decades in an office or a factory, sometime in their 60s they would lay down their burdens and enjoy a final couple of decades with time...
‘Resilient’ Bermuda Reinsurance Market Copes with U.S. Tax Reform, Catastrophes
Jan 25 2019 // Bermuda-based (re)insurers continue to be tested by challenging market conditions, including heightened catastrophic losses and diminishing competitive advantage resulting from U.S. tax reform. However, the Bermuda market...
PG&E: Judge’s Aggressive Fire Prevention Plan Would Cost $150B
Jan 24 2019 // PG&E Corp. estimates it would cost as much as $150 billion this year alone to comply with a federal judge’s proposal to prevent wildfires. California’s largest investor-owned utility said U.S. District...
Court Rules Federal Age Bias Law Protects Only Current Employees, Not Applicants
Jan 24 2019 // A divided U.S. appeals court on Wednesday dealt a setback to older job applicants, saying they cannot invoke a federal law against age bias in employment to challenge hiring policies they believe have a discriminatory...
U.S. Privacy Regulation Tested by Facebook Scandals
Jan 24 2019 // Facebook Inc.’s repeated privacy scandals have infuriated users, lawmakers and data-security advocates who are clamoring for a forceful government response. That job mainly falls to Joe Simons, who is under pressure...
