Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Report: ‘Climate-Exacerbated Wildfires’ Cost U.S. $394B-$893B Each Year
Oct 23 2023 // “Climate-exacerbated wildfires” cost the nation $394 billion to $893 billion each year in economic costs and damages, according to a Congressional report out this week. The range combines estimates from...
Insured Losses From Severe Convective Storms in US Top $50B for 1st Time: Aon
Oct 20 2023 // Insured losses from severe convective storms in the United States continued to increase during the third quarter, surpassing the $50 billion mark for the first time on record and accounting for roughly 60% of all global...
U.S. Labor Department Finds 19 Safety Violations at GM Joint Venture Battery Plant in Ohio
Oct 17 2023 // DETROIT (AP) – The U.S. Labor Department said that investigators found 19 safety and health violations at a General Motors joint venture electric vehicle battery plant in Ohio during a two-week period this year. The...
People Moves: Bohm Head of US Capital Advisory at BMS Group; NIP Group Names Lindemann General Counsel; Stoik to Head Ascot Marine
Oct 17 2023 // BMS Group Appoints Andras Bohm as Head of U.S. Capital Advisory BMS Group announced the appointment of Andras Bohm as the head of its U.S. capital advisory business and the CEO of BMS Capital Advisory, Inc. (BMS...
US Plans to Push Other Countries Not to Pay Hacker Ransoms
Oct 17 2023 // The US is pushing a group of governments to publicly commit to not make ransom payments to hackers ahead of an annual meeting of more than 45 nations in Washington later this month. Anne Neuberger, deputy national security...
Rising Claims Costs Limit US P/C Profitability in 2023: Swiss Re
Oct 16 2023 // While the profitability outlook for the U.S. P/C industry this year is mixed, Swiss Re predicts a stronger year in 2024, as premium increases and interest rates improve industry results. According to the U.S. Property...
Mercenary Hackers Stole Data Exxon Cited in Climate Lawsuits: US Prosecutors
Oct 13 2023 // U.S. prosecutors say an Israeli private investigator used hackers to steal emails from climate activists who were campaigning against American energy giant Exxon Mobil Corp. In a sentencing memo filed on Thursday, U.S....
Despite Lower Premium Volume, U.S. Title Insurers Continue to Post Solid Results
Oct 12 2023 // The U.S. title insurance industry saw its volume of net premium written decline by 16.1% in 2022, to approximately $20.9 billion, following a decade of growth during which this level had more than doubled, according to a...
People Moves: Marsh Promotes Pellegrini to US, Canada Specialty Lead; CRC Group Announces Executive Leadership Appointments
Oct 6 2023 // Pellegrini Appointed Marsh Specialty Leader for US and Canada Broker Marsh said it promoted Michael Pellegrini to head of Marsh Specialty in the US and Canada. Effective immediately, Pellegrini will oversee Marsh’s...
US Regulators Push for Recall of 52 Million Air Bag Inflators
Oct 6 2023 // U.S. National Highway Traffic Safety Administration (NHTSA) officials on Oct. 5 told a public hearing that the government should require the recall of 52 million air bag inflators produced by auto suppliers ARC Automotive...
Climate Change Can Cause U.S. Households ‘Significant Financial Strain’
Oct 5 2023 // Households can experience significant financial strain through pressures to income and expenses due to climate hazards, a report from the U.S. Department of Treasury shows. The report, The Impact of Climate Change on...
Record Heat Unleashes Deadly Floods – From US to Libya
Oct 5 2023 // Extreme heat is usually associated with drought and wildfires. But across five continents this year, it’s also unleashed a different kind of disaster: deadly flooding. Cities around the world have seen record...
AstraZeneca to Pay $425 Million to End US Lawsuits Over Heartburn Drugs
Oct 4 2023 // Britain’s AstraZeneca has agreed to pay $425 million to settle about 11,000 lawsuits in the United States that claimed its heartburn drugs Nexium and Prilosec caused chronic kidney disease. AstraZeneca did not admit...
China Bars Executive at US Firm Kroll From Leaving Mainland: WSJ
Oct 3 2023 // China blocked a senior executive at US risk advisory firm Kroll from leaving the mainland, the Wall Street Journal reported, in the latest case of authorities imposing exit bans on the employees of foreign...
US Supreme Court to Hear Warner Music Case on Limits to Copyright Damages
Oct 2 2023 // The U.S. Supreme Court on Friday agreed to clarify the time period for which plaintiffs can recover damages over copyright claims in a case involving a Miami music producer who sued Warner Music’s Atlantic Records...
Cigna Announces Settlement With US on Claims it Overcharged Medicare Advantage
Oct 2 2023 // Health insurer Cigna Group says it has reached a settlement with the United States over claims it overcharged the government’s Medicare Advantage program by making it appear patients were more ill than they actually...
Markets/Coverages: Vantage Risk Offers U.S. Pollution, Professional Liability Insurance for Environmental Risks
Oct 2 2023 // Vantage Group Holdings Ltd., the Bermuda-based insurer and reinsurer, has extended its Contractors Pollution Liability (CPL) and professional liability offerings to environmental contractors and consultants, expanding the...
Many US Cities Vulnerable to Low Water Pressure Amid Wildfire Dangers
Oct 2 2023 // Hours before devastating fires scorched the historic town of Lahaina on Maui, Kyle Ellison labored to save his rental house in Kula, a rural mountain town 24 miles away, from a different blaze. As high winds whipped...
US Already Sets Record for Yearly Billion-Dollar Weather Disasters
Oct 2 2023 // The deadly firestorm in Hawaii and Hurricane Idalia’s watery storm surge helped push the United States to a record for the number of weather disasters that cost $1 billion or more. And there’s still months to...
US Supreme Court Takes Up Case Over Corporate Trend Disclosures
Sep 29 2023 // The U.S. Supreme Court on Friday agreed to consider whether shareholders can sue companies for fraud when they flout a rule requiring them to disclose trends expected to affect their bottom line in a case involving a suit...
