Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Constructing a Post-Pandemic Construction Market
Aug 19 2020 // The construction industry may emerge from the pandemic strong or relatively unscathed compared to other segments of the economy. But it also faces its share of challenges in managing exposures, delays, added costs and...
Business, Insurers Face Survival Showdowns Over Pandemic Coverage
Aug 18 2020 // PILANESBERG NATIONAL PARK, South Africa— Wynand du Toit’s safari camp in South Africa’s Pilanesberg National Park lies abandoned, its tents ripped open by baboons and its survival in the balance after his...
States Say OxyContin Maker Purdue Pharma Owes $2.2 Trillion for Opioid Epidemic
Aug 18 2020 // U.S. states claimed they are owed $2.2 trillion to address harm from OxyContin maker Purdue Pharma LP’s alleged role in America’s opioid epidemic, accusing the drugmaker in new filings of pushing prescription...
Progressive Enters Voluntary Market with Expanded Pet Health Insurance Product
Aug 17 2020 // Progressive will enter the voluntary benefits market through a relationship with Pets Best, which is part of Care Credit, a Synchrony product. Progressive Pet Insurance by Pets Best will be available to all U.S. companies...
Trump Approves Federal Emergency Aid for Storm-Damaged Iowa
Aug 17 2020 // U.S. President Donald Trump on Monday said he approved federal disaster aid for Iowa after a hurricane-force storm hit last week, causing widespread damage in towns and farms and leaving thousands without power. Iowa...
Global Insurance M&A Surges in 1st Half but Lull Likely in H2 on COVID Uncertainties
Aug 17 2020 // Mergers and acquisitions (M&A) in the global insurance industry rose in the first half of 2020 with 201 completed deals worldwide, up from 197 in the second half of 2019, according to Clyde & Co’s...
OSHA Defends Inspector Calling Ahead to Pennsylvania Meat Plant Before Visiting
Aug 17 2020 // A federal safety inspector tipped off a coronavirus-tainted Pennsylvania meatpacking plant before visiting the next day — then failed to issue a citation, according to testimony in a lawsuit accusing the agency of...
U.S. Approves ‘Groundbreaking’ Yale COVID-19 Saliva Test for Emergency Use
Aug 17 2020 // The U.S. Food and Drug Administration on Saturday granted emergency use authorization to Yale School of Public Health’s saliva test to detect COVID-19, after a trial on National Basketball Association players and...
RMS Estimates Insured Losses from Hurricane Isaias at $3-$5 Billion
Aug 17 2020 // Estimated total insured losses from Hurricane Isaias will be between $3.0 and $4.5 billion in the U.S. This includes estimated losses to the National Flood Insurance Program (NFIP) of between $400 and $700 million,...
Judge Tosses Texas Barbershops’ Suit Against Insurer Over Coronavirus Losses
Aug 16 2020 // A federal judge has agreed with an insurer that a group of barbershops in the San Antonio, Texas-area have no basis for claims seeking coverage under their commercial insurance policies for business interruption losses...
Dallas Doctor Sentenced to 5.5 Years in Prison for Health Care, Insurance Fraud
Aug 14 2020 // A Texas-based anesthesiologist has been sentenced to five and a half years in prison and ordered to pay more than $82.9 million in restitution for his part in a $200 million healthcare and insurance fraud scheme, according...
Oklahoma Highway Bridge Conditions Move from Worst to Top 10 in U.S. Ranking
Aug 14 2020 // The conditions of Oklahoma’s highway bridges used to be ranked as some of the worst by federal highway officials. A new ranking by the Federal Highway Administration shows they have achieved the status of the some of...
Drugmakers Shielded from COVID Vaccine Liability But Funds for Injury Claims in Doubt
Aug 14 2020 // Americans who suffer adverse reactions to coronavirus vaccines that the U.S. is racing to develop will have a hard time getting compensated for injuries from the drugs. That’s because pandemic-related claims for...
Mercedes-Benz Maker Daimler to Pay Nearly $3 Billion to Settle U.S. Diesel Claims
Aug 14 2020 // Daimler said on Thursday it has reached agreements costing nearly $3 billion to settle civil investigations by U.S. regulators and lawsuits from vehicle owners stemming from a long-running probe into software to cheat...
Justice Department Alleges Yale Illegally Discriminates Against Asians, Whites
Aug 14 2020 // The U.S. Justice Department on Thursday accused Yale University of illegally discriminating against Asian American and white applicants in its undergraduate admissions process in violation of U.S. civil rights law. The...
Last Year Was Among Earth’s 3 Hottest Years on Record, Climate Report Shows
Aug 13 2020 // Last year will be remembered as among the world’s hottest, while greenhouse gases reached their highest levels on record, according to the 30th annual State of the Climate report. The international annual review of...
Expected La Niña Could Last Through 2020-21 Winter, Says U.S. Climate Center
Aug 13 2020 // A U.S. government weather forecaster on Thursday forecast the development of La Niña pattern during the August-October season, and is expected to last through the 2020-21 winter. There is a chance of about 60% that La...
Federal Reserve Policymakers See Slow Economic Growth Until Virus Contained
Aug 13 2020 // The U.S. economic recovery will be slow until the coronavirus is under control, and Americans will have to manage life with the virus for at least the next several months, three Federal Reserve policymakers said on...
Some 10M Acres of Iowa Farmland Impacted by Derecho Storm
Aug 12 2020 // The Derecho storm that hit the Midwest on Aug. 10 potentially impacted some 10 million acres (4 million hectares) of Iowa farmland and millions of bushels of grain storage in the top U.S. corn growing state, Iowa...
One80 Intermediaries Acquires Canadian MGA, Strategic Underwriting Managers
Aug 12 2020 // One80 Intermediaries, a Boston-headquartered wholesale broker, program manager, and insurance aggregator, announced it has acquired Strategic Underwriting Managers Inc. (SUM), a Canada-based managing general agent. Terms...
