Latest USA Headlines

All the headlines from our USA Topic Page, ordered by recency.

Markel Faces Investor Lawsuit Over CATCo Loss Reserves

Jan 17 2019 // Markel Corp. is facing is class action shareholder lawsuit over reserve statements by its investment management unit that are being investigated by U.S. and Bermuda authorities New York law firm Bragar Eagel & Squire...

Big 3 Drive Personal Auto Insurance Recovery; Signs of Rate Hike Fatigue Ahead

Jan 16 2019 // Steady improvement for U.S. personal auto insurance companies has culminated in the sector’s best underwriting performance in 10 years, according to Fitch Ratings in a report. The market improvement was driven by the...

U.S. Charges Traders, Ukrainian Hackers with Stealing SEC Filings on Corporations

Jan 16 2019 // U.S. authorities on Tuesday charged a suspected Ukrainian computer hacker and several traders with scheming to trade on market-moving corporate earnings news stolen from a U.S. Securities and Exchange Commission...

Alabama Chiropractor Gets 3 Years in Trucker Health Exam Fraud Case

Jan 15 2019 // An Alabama-based chiropractor, who was accused in a scheme to conduct fraudulent physical examinations on prospective long-haul truckers and submit false documents to federal transportation regulators, has been sentenced...

Swiss Re Estimates Its Q4 Natural Catastrophe Claims to Hit US$1.0B

Jan 15 2019 // Swiss Re estimates it will pay claims of approximately $1.0 billion for natural catastrophes booked in the fourth quarter of 2018, with the largest generated from California wildfires and Hurricane Michael. These natural...

2019 Cyber Insurance Predictions: Strong Drivers for Growth Ahead

Jan 15 2019 // Cyber insurance is trending upward, the industry is growing, and the technology around it is evolving at a very quick pace. While predictions are always hard to make, here are five trends that are likely to catapult the...

U.S. Plan for Major Expansion of Drone Uses Allows Flights at Night, Above Crowds

Jan 15 2019 // The federal government has unveiled a long-awaited set of proposals to dramatically expand civilian drone flights while also tightening security, critical steps for an industry seeking to expand into robot aerial...

Supreme Court Won’t Hear Challenge to Federal Consumer Agency But Others on Way

Jan 14 2019 // The U.S. Supreme Court on Monday turned away a Texas bank’s constitutional challenge to the structure of the U.S. Consumer Financial Protection Bureau, passing up a case that could have led to more presidential power...

Global Reinsurance Capital Is Resilient Despite Losses of $230B over 2 Years: Aon

Jan 11 2019 // Global reinsurance capital – comprising traditional and alternative capital – fell 2 percent in 2018 to US$595 billion from $605 billion in 2017, remaining resilient in the face of insured natural catastrophe losses of...

Drug Advertising Drives $30 Billion Medical Industry Marketing Machine

Jan 11 2019 // Ads for prescription drugs appeared 5 million times in just one year, capping a recent surge in U.S. medical marketing, a new analysis found. The advertisements for various medicines showed up on TV, newspapers, online...

Zurich Policyholder Dispute Highlights Danger of Calling Out Cyber Attackers: Opinion

Jan 11 2019 // The $100 million lawsuit that Mondelez, the maker of Oreos and Cadbury chocolate, has brought against Zurich Insurance Group shows that governments should be more careful about identifying the would-be culprits in putative...

There’s 65% Chance That Weak El Niño Will Emerge in Spring, Says U.S. Weather Service

Jan 10 2019 // There is a 65 percent chance of an El Niño weather pattern emerging during the northern hemisphere spring this year, a U.S. government weather forecaster said on Thursday. “However, given the timing and that a weak...

Allianz-Backed Fintech Startup N26 Raises New Funds for Push into U.S.

Jan 10 2019 // N26 GmbH, the German banking app that’s backed by billionaires Peter Thiel and Li Ka-shing, has raised new funds at a valuation of $2.7 billion, making the company one of Europe’s most valuable non-listed...

U.S. Says Air Travel Safe After Workers Warn of Risks of Shutdown

Jan 10 2019 // U.S. airport security workers and air traffic controllers working without pay have been warning that security and safety could be compromised if the government shutdown continues, but the Trump administration said on...

Former Insys CEO Pleads Guilty to Opioid Bribes; Agrees to Work with Prosecutors

Jan 10 2019 // The former chief executive of Insys Therapeutics Inc. pleaded guilty on Wednesday to participating in a nationwide scheme to bribe doctors to prescribe an addictive opioid medication and has agreed to become a government...

Fiat Chrysler to Pay $700M to U.S., States, Car Owners Over Diesel Emissions Claims

Jan 10 2019 // Fiat Chrysler Automobiles NV will pay more than $700 million to resolve lawsuits from the U.S. Justice Department and diesel owners over claims it used illegal software to allow 104,000 diesel vehicles to emit excess...

Supreme Court Justices Appear to Favor Merck in Drug Warning Case

Jan 9 2019 // U.S. Supreme Court justices on Monday appeared sympathetic to Merck & Co. in its bid to fend off hundreds of lawsuits accusing the company of failing to adequately warn patients of the risks of thigh bone fractures...

U.S. Government Steps Up Warnings to Businesses Over Foreign Hackers

Jan 9 2019 // The Trump administration on Monday launched a drive to push U.S. firms to better protect their trade secrets from foreign hackers, following a slew of cases accusing individuals and companies of economic espionage for...

California Wildfires, Hurricane Michael Top List of 2018’s Costliest Natural Disasters: Munich Re

Jan 8 2019 // The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael topping the list, according to Munich Re. A report from Munich Re on last...

Khalaf to Take Over as MetLife CEO from Kandarian on May 1

Jan 8 2019 // MetLife Inc. appointed Michel Khalaf president and chief executive officer, succeeding Steven Kandarian. Khalaf, 54, will take over on May 1, the company said Tuesday in a statement. He is currently president of the...