Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
US Slips in Supply-Chain Ranks After Child-Labor Violations
Jun 20 2023 // The US has joined a list of mostly emerging-market countries where ESG supply-chain risks are “high,” after the world’s richest economy failed to provide adequate protections for vulnerable populations...
Ransomware Gang Haunted US Firms Long Before MOVEit Hack
Jun 19 2023 // Shell Plc, IAG SA’s British Airways, the British Broadcasting Corp., the state of Minnesota’s Department of Education, multiple federal agencies — they’re among the victims of the latest data breach...
US Insurers Hit Hardest by Inflation: Triple-I Study
Jun 16 2023 // US insurers have paid more than their counterparts worldwide to repair and rebuild damaged properties and vehicles due to inflation since 2018, according to an executive briefing conducted on behalf of the International...
US Agencies Hit in MOVEit Hacking Campaign as Victim List Grows
Jun 16 2023 // Multiple US agencies were compromised by a hacking campaign in which attackers have exploited flaws in a popular software tool to gather information from a range of victims. The US Cybersecurity and Infrastructure Security...
People Moves: Howden Hires 3 for Casualty in London, Bermuda; Aon Names Fakkel CTO, Strategy & Tech Group; Everest Re Taps AIG’s Gallagher as Head of U.S. Facultative
Jun 15 2023 // This edition of International People Moves details appointments at Howden Broking, Aon and Everest Re. A summary of these new hires follows here. Howden Hires 3 for Casualty Team in London, Bermuda Howden, the...
US P/C Records $8.2 Billion Underwriting Loss in Q1: AM Best
Jun 15 2023 // A rise in first quarter losses in the homeowners insurance line of business primarily put U.S. property/casualty underwriting results in the red, according to AM Best. The U.S. P/C industry booked a $8.2 billion...
‘Lockbit’ Digital Gang Named Top Ransomware Threat by US, 6 Other Nations
Jun 15 2023 // The United States and six other countries on Wednesday identified the digital extortion gang operating under the “Lockbit” banner as the world’s top ransomware threat. In a joint advisory, U.S., Canadian,...
US Beefs Up Campaign for Accurate Animal Welfare Claims on Meat, Poultry Packaging
Jun 15 2023 // The U.S. Department of Agriculture said Wednesday it hopes to weed out false or misleading animal-welfare claims on meat and poultry packaging with new guidance and testing. The claims – such as...
U.S. Tightens Crackdown on Crypto With Lawsuits Against Coinbase, Binance
Jun 7 2023 // The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange, in a dramatic escalation of a crackdown on the industry and one that could...
Russia Accuses U.S. Intelligence of Hacking Thousands of iPhones
Jun 5 2023 // Russia’s main security service accused a US intelligence agency of hacking several thousand iPhones, including devices belonging to Russian nationals and others linked to diplomatic missions and embassies in the...
Chemical Makers to Set Aside $1.19B to Settle PFAS-Related Claims in U.S.
Jun 2 2023 // Chemours Co., DuPont de Nemours Inc and Corteva Inc. on Friday said they had reached an agreement in principle to settle claims that they contaminated U.S. public water systems with toxic “forever chemicals”...
ANALYSIS – Breakup of Insurers’ Climate Coalition Driven by U.S. Regulation Fears
Jun 2 2023 // The success of Republicans in triggering the breakup of a coalition of insurance firms aimed at tackling climate change is down to U.S. states being the industry’s primary regulator, interviews with industry...
About 33 Million U.S. Homes at Risk of Hurricane-Force Winds: CoreLogic
Jun 1 2023 // According to an analysis by CoreLogic, about 33 million U.S. homes with a combined reconstruction cost value of $11.6 trillion are at risk of hurricane-force winds. CoreLogic released its 2023 Hurricane Risk Report to mark...
Markets/Coverages: U.S. Cannabis-Focused MGU Opens for Business in Europe
May 31 2023 // The North American managing general underwriter CannGen Insurance Services (CannGen) has launched a European operation amid expectations that the continent’s legal cannabis market is set for substantial...
U.S. Warns China Could Hack Infrastructure, Including Pipelines, Rail Systems
May 31 2023 // The U.S. State Department has warned that China was capable of launching cyber attacks against critical infrastructure, including oil and gas pipelines and rail systems, after researchers discovered a Chinese hacking group...
Louisiana Parishes Top List of Riskiest US Housing Markets
May 30 2023 // A pair of Louisiana parishes lead CoreLogic’s ranking of riskiest U.S. housing markets based on natural-disaster probability. CoreLogic’s Climate Risk Analytics: Composite Risk Score (CRA Composite Risk Score)...
Anti-ESG Rhetoric in U.S. Prompts Urgent Talks as Insurers Quit Climate Coalition
May 24 2023 // The world’s biggest climate coalition for insurers is set to hold emergency talks after a wave of defections revealed the extent to which anti-ESG rhetoric in the US is unsettling members. Signatories of the Net Zero...
UN Says U.S. Concerns Have Led to Insurers Quitting Climate Alliance
May 24 2023 // The United Nations Environment Programme on Wednesday said “recent discussions within the United States” had been behind four insurance firms quitting a UN-convened alliance aimed at reducing carbon emissions...
U.S. P/C Industry Posts Record Q1 Underwriting Loss: S&P
May 24 2023 // An analysis from S&P Global Market Intelligence found that the finger can be pointed at personal lines carriers for most of the property/casualty industry underwriting red ink during the first quarter. The U.S. P/C...
Special Report: How U.S. Doctors Buy Their Way Out of Trouble
May 24 2023 // When federal enforcers alleged in 2015 that New York surgeon Feng Qin had performed scores of medically unnecessary cardiac procedures on elderly patients, they decided not to pursue a time-consuming criminal...
