Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Traffic Cameras Could Help Reduce Racism in Traffic Enforcement: Opinion
Jul 13 2020 // Speed cameras made their U.S. debut in 1986 in Galveston County, Texas. The Swiss-made devices, dubbed “PhotoCops” by the local company that lent them to police departments in exchange for a cut of the ticket...
German Officials Seize Server With U.S. Police Files Stolen in Data Breach
Jul 10 2020 // At the behest of the U.S. government, German authorities have seized a computer server that hosted a huge cache of files from scores of U.S. federal, state and local law enforcement agencies obtained in a Houston data...
Lloyd’s to Exit U.S. Admitted Market, Focus on U.S. Surplus Lines, Reinsurance
Jul 10 2020 // Lloyd’s announced it plans to stop accepting admitted market accounts in the U.S. in a year and focus on the U.S. reinsurance and excess and surplus (E&S) insurance market, where it is the market leader. As part...
Insurers Are Creating Products for World Where Pandemics Could Become New Norm
Jul 10 2020 // Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the COVID-19 crisis. While new pandemic-proof policies might not be cheap,...
Supreme Court to Hear Federal Trade Commission’s Appeal Over Ill-Gotten Gains
Jul 10 2020 // The U.S. Supreme Court agreed on Thursday to decide whether the Federal Trade Commission can continue to require scam artists and firms that engaged in deceptive business practices to return money improperly obtained from...
Coronavirus Crisis Heightens Insurers’ Caution About Senior Care Market
Jul 10 2020 // The coronavirus pandemic has made it even harder for senior-care centers in the United States to find or afford standard liability insurance, with rates soaring by as much as 300%, insurance brokers said. Residential care...
Profile: MGA Nexus Group Sets Sights on U.S. Growth, Even During COVID-19 Crisis
Jul 9 2020 // Nexus Group, the UK-based managing general agent, is looking to the U.S. for growth opportunities, despite the raging COVID-19 crisis. “With the political landscape and Brexit, it was an obvious choice for us to...
Chubb Unveils Public-Private Program for Pandemic Business Interruption
Jul 9 2020 // Chubb unveiled a proposal for the insurance industry and federal government to partner on covering future pandemic-related business interruptions—and to get money to small businesses quickly—following through on an...
Atlanta-Based Crawford & Company Taps Kottler as U.S. President of Global Technical Services
Jul 9 2020 // Crawford & Company, a publicly listed independent provider of claims management and outsourcing options to carriers, brokers and corporates, has appointed Paul Kottler as president of Global Technical Services (GTS)...
Supreme Court Supports Employers’ Religious Rights in Contraception, Teacher Employment
Jul 9 2020 // The U.S. Supreme Court struck two blows for religious rights, including a decision that upholds Trump administration rules giving employers a broad right to refuse to offer birth control through their health plans. The...
Bayer Agrees to Delay Future Claims Portion of Proposed Roundup Settlement
Jul 8 2020 // Bayer said it had agreed to delay a proposed settlement to deal with future claims relating to allegations that its widely used weedkiller Roundup caused cancer after a U.S. judge questioned the plan. The German company...
Allstate to Buy National General for $4 Billion, Growing Auto, Independent Agent Business
Jul 8 2020 // U.S. Insurer Allstate Corp. said on Tuesday it will buy National General Holdings Corp. for about $4 billion in cash, scaling up its auto insurance business at a time when the coronavirus has crushed traffic on roads and...
Insurance Costs Rising for Cannabis Firms as Unhappy Investors File Slew of Lawsuits
Jul 8 2020 // Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives from personal liability, following a slew of lawsuits by disgruntled investors alleging fraud and...
Losses From Civil Protests May Cause Insurers to Rethink Property Coverage
Jul 8 2020 // The civil disturbance that started in Minneapolis after the killing by police of George Floyd spread to 20 other states, leading to an unprecedented property insurance catastrophe. The experience will likely impact policy...
Chubb Estimates $1.4 Billion in Q2 Global Losses Tied to Coronavirus
Jul 7 2020 // Chubb’s disclosure of second quarter 2020 global net catastrophe losses underscores the damage COVID-19 is doing to some carriers’ bottom lines. The global property/casualty insurer estimated $1.8 billion in...
Judge ‘Inclined to Deny’ Part of Bayer Roundup Settlement on Future Claims
Jul 7 2020 // Bayer shares fell more 6% on Tuesday after a U.S. judge questioned part of the German company’s proposed settlement to deal with future claims relating to allegations that its widely used weedkiller Roundup caused...
Insured Losses for 2019/2020 Australia Bushfires Estimated at A$1.9B (US$1.3B): PERILS
Jul 7 2020 // The insurance industry’s loss footprint for the Australian bushfires of 2019/2020 is estimated at A$1.9 billion (US$1.3 billion), according to PERILS, the independent Zurich-based organization providing industry-wide...
Argo’s CFO to Depart as Insurer Updates Executive Leadership Team
Jul 7 2020 // Argo Group International Holdings Ltd., the Bermuda-based specialty re/insurer, announced an update to senior leadership team responsibilities and the launch of an outside search for a chief financial officer to succeed...
State Judge Rejects Michigan Restaurants’ COVID-19 Business Interruption Claim
Jul 7 2020 // A trial court judge in Lansing, Michigan handed a victory to insurers in what may be the nation’s first final ruling on the question of whether a property insurer is liable for financial damages caused by a...
Hawaii’s Quarantine is Reasonable During Pandemic, Judge Says
Jul 6 2020 // A U.S. judge will not stop Hawaii from enforcing a quarantine on arriving travelers, saying in a ruling that the emergency mandate is reasonable during the public health crisis caused by the coronavirus pandemic. A group...
