Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Ineffective Anti-Drone Systems Leave U.S. Airports Facing Risks Like London’s
Dec 27 2018 // U.S. airports may be just as vulnerable as London’s Gatwick airport to the kind of illegal drone incursions that shut down the U.K.’s second-busiest hub this week. Counter- drone technology performed so poorly...
U.S. Signs Agreement with UK Covering lnsurance Regulation Post-Brexit
Dec 21 2018 // As they previously announced they would do, the U.S. Treasury and U.S. Trade Representative have officially signed an agreement with the United Kingdom to provide insurance regulatory continuity after the country exits the...
Judge Blocks New York from Enforcing Opioid Surcharge on Companies
Dec 21 2018 // A Manhattan federal judge blocked New York state from enforcing a recently enacted law that aimed to collect $600 million from drug manufacturers and distributors to defray the costs of combating the opioid addiction...
Big Pharma Resuming U.S. Price Hikes in January After Pause: Reuters Report
Dec 21 2018 // Novartis AG and Bayer AG are among nearly 30 drugmakers that have taken steps to raise the U.S. prices of their medicines in January, ending a self-declared halt to increases made by a pharma industry under pressure from...
California Commissioner Pushing Insurer Fossil Fuel Divestment to The End
Dec 20 2018 // California Insurance Commissioner Dave Jones continues to push the fossil fuel divestment hot button right to the end of the year and his tenure as the state’s head insurance regulator. Jones this week released the...
Update: Louisiana Credit Union to Pay $110K in Retaliation Lawsuit Settlement
Dec 20 2018 // A Louisiana credit union has agreed to pay a former branch manager $110,000 to settle a federal discrimination lawsuit, the U.S. Equal Employment Opportunity Commission (EEOC) announced. The EEOC filed suit against...
Vullo to Step Down as New York Insurance Regulator; Gov. Cuomo Weighs Successor
Dec 20 2018 // Maria Vullo is stepping down as head of New York’s banking and insurance regulator, she said in an interview, after three years in which she created a national model for cybersecurity regulations at banks and fought...
Boy Scouts Face Insurance, Bankruptcy Challenges Over Sex Abuse Claims
Dec 20 2018 // It took Robb Lawson until he was 45 to finally confront a dark memory from his days as a Boy Scout. Lawson was a teenager at the time, a member of a troop in Georgia, picked to attend a wilderness challenge to win entry in...
Marsh Makes Post-JLT Merger Leadership Appointments
Dec 19 2018 // Global insurance broker Marsh announced the appointments of key leaders for its regional, specialty and placement teams worldwide that will be effective upon closing of the pending acquisition by Marsh’s parent...
EPIC Holdings to Acquire Integro
Dec 19 2018 // EPIC Holdings Inc., parent company of EPIC Insurance Brokers & Consultants based in San Francisco, has agreed to acquire Integro Holdings Inc., which houses the U.S. operations of New York-based Integro Group...
German Firms Warned About Rising Threat from Chinese Hackers: Report
Dec 19 2018 // Germany’s Office for Information Security (BSI) has issued warnings to several German firms named by the United States as possible victims of hacking attacks, a newspaper reported, adding that Chinese activity...
RenaissanceRe Introduces Vermeer, New Reinsurer for U.S. Catastrophe Market
Dec 19 2018 // RenaissanceRe Holdings Ltd. and Dutch pension fund manager PGGM announced they have launched Vermeer Reinsurance Ltd. to provide capacity focused on risk remote layers in the U.S. property catastrophe market. PGGM is a...
U.S. Safety Agency Streamlines Autonomous Vehicle Approvals
Dec 19 2018 // The U.S. auto safety regulator said on Tuesday it is speeding up the process for reviewing whether automakers can deploy self-driving vehicles without devices such as brakes and steering wheels. Automakers must currently...
Larger Houses Replace Smaller When Rebuilding After Hurricanes
Dec 19 2018 // 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 storm. The research, led by the University of Southampton (UK) and...
J&J Launches Defense Against Reuters Report on Baby Powder Asbestos
Dec 18 2018 // Johnson & Johnson on Monday scrambled to contain fallout from a Reuters report that the healthcare conglomerate knew for decades that cancer-causing asbestos lurked in its Baby Powder, taking out full-page newspaper...
Doubts About Hotel Industry Cyber Security Pre-Date Marriott Hacking
Dec 17 2018 // Long before Marriott International Inc. disclosed a massive security breach, the hotel industry had earned the dubious reputation as a hospitable place for hackers. Thieves have skimmed credit cards, looted loyalty...
U.S. Drivers Sue Hyundai, Kia Over Car Engine Fires
Dec 17 2018 // Hyundai Motor Co. and Kia Motors Corp. were sued by U.S. drivers over an alleged defect that could cause certain engines to catch fire, adding pressure on the South Korean automakers being probed by U.S. authorities. More...
Effect of Judge Ruling Affordable Care Act Unconstitutional Delayed for Appeal
Dec 17 2018 // Obamacare was struck down by a Texas federal judge in a ruling that casts uncertainty on insurance coverage for millions of U.S. residents, drawing sharp condemnation from some medical professionals and a vow for action by...
Reuters Special Report: J&J Knew About Asbestos in Baby Powder for Decades
Dec 17 2018 // Darlene Coker knew she was dying. She just wanted to know why. She knew that her cancer, mesothelioma, arose in the delicate membrane surrounding her lungs and other organs. She knew it was as rare as it was deadly, a...
Fitch Sees U.S. P/C Insurers Reducing Investments in Hedge Funds
Dec 17 2018 // U.S. property/casualty insurers’ investment position in other alternative investments as reported is concentrated within a few large insurers and is relatively stable as a percentage of invested assets for the last...
