Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Tropical Storm Eta’s Rains Threaten Floods for South Florida, Cuba, Bahamas
Nov 10 2020 // Nov 10, 2020, 4:33 AM— After coming ashore in the Florida Keys overnight, Tropical Storm Eta is now hovering just north of the Yucatan Channel and is set to re-strengthen as it meanders over the south-eastern Gulf of...
Supreme Court Again Weighs Fate of Affordable Care Act
Nov 10 2020 // The conservative-majority U.S. Supreme Court on Tuesday dives back into politically perilous waters as it hears arguments over a Republican challenge backed by President Donald Trump’s administration aiming to...
Reduced Driving Turns Into Fewer Injuries and Workers’ Compensation Claims
Nov 10 2020 // The COVID-19 pandemic comes with one bright spot for workers’ compensation insurers: Fewer workers are being injured in motor vehicle accidents. A research brief issued by the National Council on Compensation...
Q&A: Where Drugmakers Are in the Race for COVID-19 Vaccine
Nov 9 2020 // Drugmakers and research centers around the world are working on COVID-19 vaccines, with large global trials of several of the candidates involving tens of thousands of participants well underway. The following is what we...
Apple Faces Shareholder Class-Action Suit over CEO’s China Sales Comments
Nov 6 2020 // Apple Inc has been ordered to face a proposed class-action lawsuit by shareholders who accused Chief Executive Tim Cook of concealing falling demand for iPhones in China, resulting in billions of dollars of investor...
Q3 Global Commercial Insurance Pricing Rockets 20% Higher: Marsh
Nov 6 2020 // Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update. Marsh said the jump was the...
Voters OK’d Local Measures to Fight Climate Change
Nov 5 2020 // Local governments are increasingly taking it upon themselves to address climate change. Denver voters on election day passed Measure 2A, which would raise city sales tax by 0.25% starting in January with the goal of...
Amini, General Counsel of Oklahoma Insurance Department to Retire
Nov 5 2020 // Gordon Amini, general counsel of the Oklahoma Insurance Department, will retire at the end of the year. During his 43-year career as corporate legal and regulatory counsel, Amini was a member of the Oklahoma Bar...
RMS: Total Onshore U.S. Insured Zeta Losses Could Rise to $5B
Nov 5 2020 // Catastrophe risk modeler RMS has estimated that insured on losses from Hurricane Zeta could rise to as high as $5 billion in the U.S. That figure is slightly higher than estimates announced by catastrophe modelers AIR...
Charting Covid: Purely Data for Data Sake
Nov 5 2020 // March 21, 2020, I began tracking COVID – specifically the daily numbers. I undertook this task for several reasons: I enjoy data, I wasn’t going anywhere for a while, but more specifically so that I could discuss...
U.S. P/C Insurer Impairments Rise Slightly in 2019: AM Best
Nov 5 2020 // The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best...
AXIS Insurance Hires 6 Underwriters for Cyber and Technology Team
Nov 5 2020 // AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of three lead underwriters and three senior underwriters within its U.S. Cyber and Technology team. The three...
Analysis: Exit from Paris Agreement Creates Climate Liability for U.S. Businesses
Nov 5 2020 // The outcome of the U.S. general election is not yet clear. What’s been obvious for months is that climate change was on the ballot, and the U.S. election matters for global climate action. And one thing is certain:...
Threat of U.S. Insurance Regulatory Crackdown Fades Without Democratic ‘Blue Wave’
Nov 5 2020 // Insurers appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic “Blue Wave,” which would have allowed progressives to push for broad reforms, failed to...
U.S. Officially Becomes 1st Nation to Exit Paris Climate Pact
Nov 4 2020 // The U.S. has officially become the first nation to quit the Paris climate agreement, even as the outcome of the country’s presidential race remains undetermined. President Donald Trump, who’s fighting for...
AXIS Insurance Adds 3 Underwriters to Renewable Energy Team in U.S.
Nov 4 2020 // AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the addition of three new underwriters to its U.S. Renewable Energy team, effective immediately. Kristopher Williams and...
Bayer Fails to Settle U.S. Roundup Lawsuits, Risking Restart of Federal Trials
Nov 3 2020 // Bayer AG failed to settle outstanding U.S. Roundup lawsuits by Monday, the deadline set by a judge who has said he’ll resume federal trials over claims the weedkiller caused consumers’ cancer. Ahead of its...
U.S. Cities Prepare for Possible Election Unrest
Nov 3 2020 // Temporary extra fencing has been erected around the White House, plywood affixed to storefronts in Manhattan and the National Guard put on notice in Portland, Oregon, as U.S. cities braced for possible unrest on election...
Disbarred New York Attorney Pleads Guilty to Stealing 9/11 Victim Compensation Funds
Nov 2 2020 // A disbarred attorney based in Yorktown Heights, N.Y., has pled guilty in White Plains federal court to stealing government funds. Gustavo L. Vila’s plea results from his theft of approximately $1 million that the...
Update: Insurance Price Tag from Hurricane Zeta Estimated at $4.3B in U.S.
Nov 2 2020 // Insurers are bracing for a hit of about $4.3 billion from Hurricane Zeta in the United States, catastrophe modeling company Karen Clark & Co (KCC) said on Monday. At least six people were killed in the southeast of the...
