Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
White House to Assist Drought-Plagued Western U.S. Communities
Apr 22 2021 // The White House on Wednesday announced an effort to provide immediate support to farmers, tribes and communities suffering from worsening drought conditions in the Western United States. After a meeting of the National...
How U.S. Plans to Protect Power Grid From Foreign Hackers
Apr 21 2021 // The White House unveiled on Tuesday a 100-day plan intended to protect the U.S. power grid from cyber-attacks, mainly by creating a stronger relationship between U.S. national security agencies and the mostly private...
Tech Provider FintechOS Raises US$60M to Fuel Global Expansion
Apr 21 2021 // FintechOS the London-based technology provider for insurers, banks and other financial services companies, announced it has raised US$60 million (€51 million) in Series B funding. The round was led by venture capital...
Auto Insurers Lead 2020 U.S. Property/Casualty Impairments: AM Best
Apr 16 2021 // Seven insurance company impairments were identified in the U.S. property/casualty industry in 2020, with five of the seven involving auto insurers, according to an AM Best special report. Last year’s number was an...
People Moves: Chubb Appoints Execs in Construction, A&H; Hippo Adds to Legal & Compliance; Alleyne Named Chief Legal Officer at Munich Re US
Apr 16 2021 // Chubb has appointed Lyndsey Christofer as executive vice president, Construction Industry Practice Leader for its large account segment. In this capacity, she will oversee a team of construction underwriting and service...
RenaissanceRe Expects Q1 Loss from U.S. Winter Storm Uri
Apr 15 2021 // Bermuda-based RenaissanceRe Holdings Ltd. estimated that losses from Winter Storm Uri will have a net negative impact of approximately $180 million on the company’s first quarter 2021 results of operations. Winter...
White House Rushes to Strengthen Security of U.S. Power Grid as Hacking Threats Grow
Apr 15 2021 // A White House plan to rapidly shore up the security of the U.S. power grid will begin with a 100-day sprint, but take years more to transform utilities’ ability to fight off hackers, according to details of a draft...
NAIC Data: Florida Property Lawsuits Total 76% of Insurer Litigation in U.S.
Apr 14 2021 // New information from Florida’s insurance regulator paints a stark picture of the extent of litigation facing the state’s domestic insurers. The information comes as numerous stakeholders push for legislative...
U.S. Recommends Pausing Use of J&J COVID Vaccine over Rare Blood Clots
Apr 13 2021 // U.S. federal health agencies on Tuesday recommended pausing use of Johnson & Johnson’s COVID-19 vaccine for at least a few days after six women under age 50 developed rare blood clots after receiving the shot,...
U.S. Safety Agency Investigates Air Bags Made by Takata Successor Joyson
Apr 13 2021 // The U.S. National Highway Traffic Safety Administration is investigating potentially faulty air bags made by Joyson Safety Systems, the successor to defunct manufacturer Takata Corp. that is at the center of one of the...
U.S. P/C Insurers Report 2020 Underwriting Profits Despite Costs of COVID-19: Fitch
Apr 12 2021 // Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit for the third consecutive year, with an average 99% combined...
U.S. Raises Average Number of Named Storms for Atlantic Hurricane Season
Apr 12 2021 // The U.S. National Oceanic and Atmospheric Administration (NOAA) has changed the number of storms that constitute an average Atlantic hurricane season, the agency said in a statement on Friday. NOAA’s Climate...
$1B Insurance Price Tag for U.S. Severe Weather in March (and Other Global Events): Aon
Apr 12 2021 // Multiple U.S. severe weather outbreaks, including tornadoes, hail, and flooding, resulted in losses of more than $1 billion for public and private insurers during March, with economic costs approaching $2 billion,...
Broker Ardonagh Group Forms Unit for International M&A; Makes 1st U.S. Acquisition
Apr 6 2021 // London-based broker the Ardonagh Group announced the launch of Ardonagh Global Partners (AGP), a unit focused on international mergers and acquisitions. The company also announced its first acquisition in the United...
NY’s Cyber Guidance Could Boost Risk Management for Insurers, Insureds Across U.S.
Apr 5 2021 // The Cyber Insurance Risk Framework, launched recently by the New York State Department of Financial Services, is a positive step for both insurers and insureds because it calls on insurers to consider more explicitly how...
Homeland Security Orders Cyber ‘Sprints’ as Part of U.S. Plan Against Hacks
Apr 1 2021 // The U.S. Department of Homeland Security is undertaking a series of “sprints” to enhance American cybersecurity in the wake of major attacks. “I am announcing today a series of 60-day sprints, each...
Lawmakers from California Want U.S. Departments to Be Year-Round Wildfire Agencies
Mar 31 2021 // California’s U.S. senators and nearly two-dozen representatives are asking the Agriculture and Interior departments to transition their agencies to a year-round wildland workforce because blazes are no longer limited...
It’s Time to Rewrite The Rules That Make U.S. Roads So Deadly: Viewpoint
Mar 31 2021 // A 25-year-old Yale Law student. A crossing guard. A 78-year-old woman. A high-school teacher. These are but four of the pedestrians and bikers counted among the 310 motor-vehicle-related deaths seen in 2020 in Connecticut,...
SPACs Have Rocketed in U.S. but Europe Has Moved More Slowly. Here’s Why.
Mar 29 2021 // STOCKHOLM — “I get an email almost every morning from some SPAC seller telling me to do a SPAC with them,” said Johnny Boufarhat, CEO of Hopin, a virtual events platform. “It’s interesting,...
U.S. Supreme: Accident Victims Can Sue Ford in Minnesota, Montana State Courts
Mar 26 2021 // The Supreme Court has ruled that Michigan-based Ford Motor Co. can be sued in the state courts of people who were killed or seriously injured in accidents involving Ford vehicles. The justices unanimously rejected the...
