Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Frequent Wildfires Decimating Forests Becomes Concern Worldwide
Sep 22 2020 // Wildfires among ponderosa pines and Douglas firs of the U.S. West have long been part of nature’s cycle of renewal, as much as the changing of the seasons. But as climate change makes the region more arid, wildfires...
Judge Allows Great Smoky Mountains Wildfire Lawsuits to Move Forward
Sep 21 2020 // U.S. park officials have failed to show enough was done to keep the public updated as a deadly wildfire spread from Great Smoky Mountains National Park in 2016, a judge ruled. The decision earlier this month by U.S....
9 More Indicted in Louisiana Truck/Auto Staged Accident Schemes
Sep 21 2020 // With the addition of nine new indictments, 28 people now have been charged in a federal probe into the staging of automobile accidents in Louisiana, according to U.S. Attorney Peter G. Strasser. The nine defendants were...
Startups Developing Technologies to Clean Air in Workplaces of Coronavirus
Sep 21 2020 // Smithfield Foods Inc. thought it was doing great. In the first quarter of this year, the pork giant’s earnings were up 190% over the same period in 2019. Then the pandemic hit, and the close quarters of meatpacking...
Facebook Tells Irish Court That It Needs Data Transfer Mechanism to Operate
Sep 21 2020 // Facebook has told Ireland’s High Court it cannot see how its services could operate in the European Union if regulators freeze its data transfer mechanism, the Sunday Business Post reported, citing court documents...
Social Inflation, Low Interest Rates, Rising Catastrophes: Recipe for a Hard Market
Sep 21 2020 // Even before the coronavirus crisis hit, the reinsurance industry was in a period of significant rate hardening, which will likely continue over the next two years, or even longer, according to Munich Re. Such price...
U.S. Commercial Insurance Prices Rose Almost 10% in Q2: WTW
Sep 21 2020 // U.S. commercial property/casualty insurance prices rose during the second quarter of 2020 by almost 10% compared with prices charged during the same quarter of 2019. Excess/umbrella and directors’ and officers’...
People & Places
Sep 21 2020 // National John Fielding Insurer Chubb announced the appointment of John Fielding as senior vice president, general counsel, Global Government and Industry Affairs. In this role, Fielding will provide legal, regulatory and...
Agents Warned of ‘Creative’ Attorneys and COVID-19 Lawsuits
Sep 21 2020 // Agents and brokers should be on alert that plaintiffs’ attorneys in COVID-19 related business interruption claims lawsuits may be eyeing them as more cases against insurance companies begin to fail and claimants...
Beazley Restructures U.S. Executive Risk Leadership Team
Sep 18 2020 // Beazley has restructured its Executive Risk leadership structure in the United States, which aims to support greater knowledge sharing and collaboration within the global executive risk teams and will focus on developing...
What to Expect in 2021: Reinsurance Market Moving From ‘Timid’ to ‘Hard’
Sep 18 2020 // Speaking at one of the many virtual conferences that took place in early September, Dan Malloy, chief executive officer of Bermuda-based Third Point Reinsurance, offered an anecdotal view of the reinsurance market from a...
Some Reinsurers Will Try Pandemic Exclusions for Casualty at Jan. 1 Renewals
Sep 18 2020 // Whether they are convinced that they absolutely need them or not, some reinsurers aim to try to put pandemic exclusions into casualty reinsurance contracts next year, a reinsurance broker representative revealed...
Number of Landfalls of Big U.S. Storms Could Break 1916 Record
Sep 18 2020 // Hurricane Sally’s historic flooding of Florida and Alabama this week marked the eighth named storm to strike the continental U.S. this year, leaving the tally just one short of a record that dates back more than a...
After Hurricane Sally, Assessment of Extensive Flood Damage Begins
Sep 18 2020 // GULF SHORES, Ala./HOUSTON – As an Alabama resident, Toby Wallace has seen his fair share of hurricane damage working for the U.S. Federal Emergency Management Agency, where he handles flood insurance claims. But that did...
Businesses Urge U.S. Insurers to Stop Insuring, Investing in Fossil Fuel Producers
Sep 18 2020 // A group of about 60 American businesses on Thursday urged their insurers to stop providing coverage to and investing in fossil fuel producers. In a letter, companies including outdoor-gear producer Patagonia and ice-cream...
Update: Rains from Remnants of Hurricane Sally Wreak Havoc on Southeast States
Sep 17 2020 // GULF SHORES, Ala., Sept 17 – 06:00 PM – The remnants of Hurricane Sally dumped more than a foot of rain over the U.S. Southeast on Thursday, killed at least one person, washed out bridges and roads and left...
Bayer Settles More U.S. Claims Over Weedkiller Roundup
Sep 17 2020 // Bayer AG has settled thousands of U.S. Roundup weed killer lawsuits as part of an $11 billion settlement, reaching deals with the only lawyers who took cases to trial over allegations the herbicide caused cancer. In...
Sompo’s Davis Named President of Canopius USA as It Eyes Expansion
Sep 17 2020 // Specialty insurer Canopius Group has appointed Lisa Davis to the new position of president and chief underwriting officer of Canopius USA, effective October 1. Davis joins Canopius from Sompo America Insurance Services,...
Slowness, Not Speed, of Hurricanes Like Sally Becoming Major Concern
Sep 17 2020 // For Grant Saltz, who runs a barbecue restaurant in Mobile, Alabama, what struck him about Hurricane Sally was its steady, deliberate pace, after the storm rumbled into the U.S. Gulf Coast on Wednesday as a powerful...
U.S. Prosecutors Charge 7 in Alleged Multi-Target Chinese Hacking Scheme
Sep 17 2020 // The U.S. Justice Department said on Wednesday it has charged five Chinese residents and two Malaysian businessmen in a wide-ranging hacking effort that encompassed targets from video games to pro-democracy...
