Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Tesla Sued by US Agency Over Alleged Harassment of Black Factory Workers
Sep 29 2023 // A U.S. civil rights agency sued Tesla Inc. on Thursday, claiming the electric carmaker has tolerated severe harassment of Black employees at its flagship Fremont, California, assembly plant, in charges similar to cases...
European Insurers Underwrite 30% of US Coal: Study
Sep 28 2023 // Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the US, even after pledging to target net zero emissions, according to a report by climate campaign group...
Rising Claims Costs Limit US P/C Profitability in 2023
Sep 27 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...
JPMorgan Settles Epstein Lawsuit With US Virgin Islands for $75 Million
Sep 26 2023 // JPMorgan Chase reached settlements with the U.S. Virgin Islands (USVI) and former executive Jes Staley to resolve lawsuits over sex trafficking by the disgraced financier Jeffrey Epstein, largely resolving a scandal that...
Cough Syrup Deaths Overseas Prompt US Crackdown on Toxic Testing
Sep 26 2023 // The U.S. FDA is cracking down on lax testing practices by dozens of makers of healthcare products following hundreds of deaths overseas from contaminated cough syrups, a Reuters review of regulatory alerts found. The Food...
Tech Startups in US, France, Germany Help in Fight Against Wildfires
Sep 25 2023 // This year has been a challenging one for Phil Schneider, who hasn’t seen wildfire behavior like this in his 47-year firefighting career. Blazes raged through more than 2,000 acres of wildland in recent months in his...
US Energy Regulator Recommends Revising Reliability Standards for Extreme Weather
Sep 25 2023 // The Federal Energy Regulatory Commission on Thursday [Sept. 21] recommended revising reliability standards for power grid and natural gas infrastructure to avoid issues during extreme weather, as part of findings from a...
US Wildfire Fighters Are Hitting a Pay Cliff at the Worst Time
Sep 25 2023 // In Fairbanks, Alaska, the US Forest Service is looking to hire a smokejumper, a person who parachutes out of a rickety airplane to wrangle wildfires that break out far from roads or rivers. Little experience is necessary;...
First Private US Passenger Rail Line in a Century Launches in Florida. Safety is a Concern
Sep 22 2023 // MIAMI (AP) — The first big test of whether privately owned high-speed passenger train service can prosper in the United States will launch Friday when Florida’s Brightline begins running trains between Miami...
US Authorities Scrutinize if Credit Suisse Misled Investors Before UBS Rescue: Filing
Sep 20 2023 // U.S. authorities are seeking evidence from Credit Suisse to assess whether the bank misled investors about its financial health as it teetered towards a state-backed rescue by UBS six months ago. Credit Suisse “has...
US Federal Agencies Aim to Streamline ‘Hodgepodge’ of Cyber Reporting Rules
Sep 20 2023 // The Department of Homeland Security wants Congress and other federal agencies to help it streamline 52 different cyber reporting requirements to protect critical infrastructure and ease regulatory burdens on hacking...
US Home Insurance ‘Bubble’ Closer to Popping as Climate Risks Mount: Report
Sep 20 2023 // Home insurance costs that have soared in much of the US may get even higher. Tens of millions of properties around the country are insured at prices that haven’t caught up with the danger of hurricanes, wildfires and...
Houston Contractor Exposed Workers to Falls, Electrical Hazards, and Amputations, U.S. Department of Labor Investigation Finds
Sep 19 2023 // A U.S. Department of Labor workplace safety investigation has found that a Houston-based contractor willfully and repeatedly exposed its workers to falls, electrical hazards and amputations. Following a March 9, 2023,...
Everest Insurance Launches Dedicated Wholesale, Programs Market Division in US
Sep 19 2023 // Everest Insurance, the insurance division of Everest Group Ltd., has launched a dedicated U.S. Wholesale and Programs Division to serve the distinct and evolving needs of this market. “This dedicated offering...
Markets/Coverages: Canopius Expands Into US Excess Casualty Market
Sep 19 2023 // Canopius Group, the London-based specialty re/insurer, announced the strategic expansion of its U.S. casualty business with its entry into the domestic U.S. excess casualty market on Canopius U.S. Insurance Co....
AM Best Revises US Homeowners Insurance Segment to Negative as Losses Persist
Sep 18 2023 // The U.S. homeowners insurance segment has been hit with three consecutive years of net underwriting losses as a result of above-average numbers of natural catastrophes, inflationary pressures and elevated reinsurance...
Report Examines Hot Summer Days Linked to Climate Change in U.S. Cities
Sep 15 2023 // A new analysis shows which U.S. states, regions and cities felt the strongest influence of climate change during the summer – the hottest on record. The analysis from Climate Central, a group of scientists and...
Delta, United Must Face Class Action Over US Airfares
Sep 13 2023 // Delta Air Lines and United Airlines were ordered by a federal judge to face a consumer antitrust class action accusing major U.S. carriers of conspiring to drive up domestic airfares by reducing the number of available...
US Already Sets Record for Yearly Billion-Dollar Weather Disasters
Sep 13 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 four months...
Markets/Coverages: US Cyber Industry Loss Index Launched by Perils, CyberAcuView
Sep 12 2023 // A U.S.-focused Cyber Industry Loss Index has been launched by Zurich-based Perils and CyberAcuView, an independent U.S.-based organization formed by leading cyber insurers, to keep capital flowing in the cyber insurance...
