Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. Fraud Crackdown Eroding Private Equity’s Liability Shield
Feb 23 2021 // Insiders said one company pushed unnecessary pain medication to the U.S. military; another promoted an unproven treatment for children with cancer; and a third used unlicensed counselors to treat poor people with mental...
Swiss Re Reports Larger-Than-Expected Annual Loss of US$878 Million
Feb 19 2021 // Swiss Re swung to a larger-than-expected annual loss on Friday, pressured by $3.9 billion in claims and reserves related to the coronavirus pandemic, but declared a dividend as the reinsurer expects a return to profit in...
U.S. Financial Services Leaders Support Principles for Low-Carbon Transition
Feb 18 2021 // U.S. financial services leaders have stated their support in principle for a U.S. transition to a low-carbon economy. The support comes following the release of the Principles for a U.S. Transition to a Sustainable...
U.S. Charges 3 North Koreans in $1.3B Hacking of Banks, Sony, Others
Feb 18 2021 // The United States has charged three North Korean computer programmers with a massive hacking spree aimed at stealing more than $1.3 billion in money and cryptocurrency, affecting companies from banks to Hollywood movie...
AXA XL Names O’Malley as U.S. Country Manager
Feb 16 2021 // AXA XL has appointed Matthew V. O’Malley as U.S. Country manager. In October 2020, AXA XL launched a new operating model which included a new zone structure in the U.S. In the new structure, O’Malley was...
Lloyd’s Construction Specialists Say They Are Ready For U.S. Infrastructure Boom
Feb 16 2021 // Construction insurance specialists at Lloyd’s of London are hoping to see more U.S. business from increased government investment in infrastructure projects in 2021. That will be welcome after a period of dealing...
COVID-19 Infections in U.S. Nearly 3X Greater Than Reported, University Model Estimates
Feb 12 2021 // World health experts have long suspected that the incidence of COVID-19 has been higher than reported. Now, a machine-learning algorithm developed at University of Texas Southwestern Medical Center estimates that the...
Aon’s Norris Jumps to Marsh to Lead U.S. Healthcare Practice
Feb 3 2021 // Gisele Norris has joined global insurance broker Marsh to lead its U.S. Healthcare Practice. In this role, Norris is responsible for the delivery of health care risk management knowledge, expertise, and transactional...
U.S. Issues Mask Mandate on Public Transportation
Feb 1 2021 // The U.S. Centers for Disease Control and Prevention (CDC) issued a sweeping order late Friday requiring the use of face masks on nearly all forms of public transportation Monday as the country continues to report thousands...
Volkswagen Wants U.S. Supreme Court to Nix ‘Staggering’ Diesel Claims by Counties
Jan 27 2021 // Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total billions...
U.S. Charges 2 Oil Workers With Allowing Gulf of Mexico Oil Spills
Jan 21 2021 // Two Fieldwood Energy LLC oil workers face federal criminal charges for allegedly separately allowing crude oil spills from offshore U.S. Gulf of Mexico platforms to avoid required shut downs. The two were indicted Tuesday...
Trump Order Allows Government to Block Use of U.S. Cloud Services in Foreign Countries
Jan 21 2021 // On his last full day in office, President Donald Trump signed an executive order the White House said was aimed at preventing foreign malicious cyber-actors from using U.S. online infrastructure to carry out their...
AXA XL Names Musser Central US Zonal Marine Product Leader
Jan 14 2021 // Brett Musser has joined AXA XL as the Central US Zonal Marine product leader. Based in Chicago, Musser will also serve as marine liabilities product manager, focused on developing tailored insurance solutions for...
U.S. Automated Vehicles Testing Program Expands to 52 Participants
Jan 13 2021 // The federal government’s program working with states and developers of automated vehicles has grown from a pilot operation to one with 52 participants. Participants in the National Highway Traffic Safety...
U.S. Warns of Sanctions on European Firms and Insurers Over Russia’s Nord Stream
Jan 13 2021 // The U.S. State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration...
Zurich Insurance Emphasizes Compliance Standards as U.S. Eyes Nord Stream Sanctions
Jan 13 2021 // Zurich Insurance Group emphasized its compliance standards on Wednesday while declining to comment specifically on the Russia-led Nord Stream 2 gas pipeline project. The U.S. State Department has warned European companies...
Levy to Retire as CEO of Munich Re US; Winter to Succeed Him
Jan 12 2021 // Steven Levy, the longtime president and CEO of Munich Re US, plans to retire on April 1. Munich Re executive Marcus Winter will replace him, the company disclosed. Levy has worked for Munich Re US for 23 years, holding a...
Here’s What’s New in U.S. Small Business Pandemic Paycheck Protection Program
Jan 11 2021 // The Small Business Administration launches on Monday more Paycheck Protection Program loans to help small businesses weather the coronavirus pandemic. Congress last month approved $284 billion in new funds for the...
Texas U.S. Attorney: Luxury Jeweler Pays Serviceman in Discrimination Case
Dec 30 2020 // The U.S. Attorney’s Office for the Southern District of Texas reported that luxury jeweler Harry Winston has paid a U.S. Army reservist to resolve a claim the company violated the Uniformed Services Employment and...
Russia Expedites Work on Nord Stream 2 Gas Pipeline Before U.S. Tightens Sanctions
Dec 30 2020 // Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens sanctions against the controversial project designed to feed more natural gas into Germany. Construction of the 1,230-kilometer (764-mile)...
