Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Nevada Readies for High-Risk Fire Season Amid COVID-19
Jun 8 2020 // Fire officials preparing for a hazardous wildfire season in Nevada will be challenged by high temperatures, drought and the coronavirus. “Fire doesn’t really care that there’s a pandemic. We’re...
Willis Towers Watson Faces Shareholder Lawsuits in U.S. Over Sale to Aon
Jun 8 2020 // There have been at least three shareholder lawsuits filed over the mega-deal that would have insurance broker Aon acquire rival Willis Towers Watson. The suits allege that Willis and its directors breached their fiduciary...
Trade Credit Insurers Seek $60B from U.S. Towards Pandemic Payouts
Jun 8 2020 // U.S. trade credit insurers have approached the U.S. Treasury Department and Federal Reserve seeking financial backing for claims payments to support business supply chains hit by the novel coronavirus pandemic, three...
Does Invoking the ‘Insurrection Act of 1807’ Affect Property Coverage?
Jun 5 2020 // Rocks being thrown by President Trump are causing major ripples in the insurance pond. His declaration that Antifa would be labeled a terrorist organization raised questions regarding whether coverage would be excluded,...
Businesses Hurt First by Coronavirus Then by Looting Have New Insurance Questions
Jun 5 2020 // Al’s, a sporting-goods store tucked in Wilmington, Delaware’s small shopping district, opened during the Great Depression, weathered World War II and has been able to keep workers on the job during the...
Report Calls for Regulators to Tackle ‘Systemic Risk’ from Climate Change
Jun 4 2020 // Climate change is a systemic risk with wide-ranging potential physical impacts, according to a new report that also serves as a call-to-action for U.S financial regulators to do more to deal with a changing climate. An...
Amid Pandemic, Oil Refineries, Offshore Drillers Face Hurricane Challenges
Jun 4 2020 // As oil and gas companies began shutting offshore production before the first tropical storm of the season in the U.S. Gulf of Mexico, experts said restarting wells and refineries will take longer and prove more costly this...
Court Rebuffs EPA, Blocks U.S. Sale of Dicamba-Based Herbicide by Bayer, Rivals
Jun 4 2020 // A U.S. appeals court has blocked Bayer AG from selling an agricultural weed killer in the United States, the latest setback for a business already fighting an expensive legal battle over another product. A three-judge...
Senators Seek to Expand U.S. Sanctions to Insurance for Russia-Europe Pipeline
Jun 4 2020 // U.S. senators will announce a bill this week expanding sanctions on Russia’s Gazprom-led Nord Stream 2 project, Senate aides said, targeting a pipeline Washington says will make Europe too reliant on Russian gas. The...
More Americans Traveling Abroad Won’t Leave Home Without Insurance
Jun 4 2020 // In the new reality of COVID-19, some Americans may still be willing to travel abroad – but they’re going to make sure they’re insured up to the hilt. U.S. travel insurers are seeing a surge in demand for...
Did Debate Over Business Income Insurance Just Get More Complicated?
Jun 4 2020 // As the insurance industry faces litigation and questions over virus-related claim denials, it could soon be dealing with another business income hurdle due to the civil unrest that has taken place in many U.S. cities...
Insurers Prepare for Claims as East States See Property Damage from Civil Unrest
Jun 4 2020 // Scenes that played out over the past few days in several East region states are serving as a stark reminder for the insurance industry of civil unrest that took place in New York and other U.S. states more than 50 years...
Some Gulf of Mexico Oil Rigs Evacuate Workers as Tropical Storm Cristobal Threatens
Jun 3 2020 // BP Plc began turning off production at three platforms in the northern Gulf of Mexico and evacuating workers because of the threat from Tropical Storm Cristobal, forecast to make landfall in Louisiana over the weekend, the...
N.J. Construction Companies Cited for Safety Hazards Facing $148K in Penalties
Jun 3 2020 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited AA&B Builders Inc. and Ebenezer General Construction Excavating for exposing employees to safety hazards on a worksite...
Riots in Wake of Floyd’s Death Could Become Most Costly Civil Disorder for Insurers
Jun 3 2020 // Rioting that erupted in cities across the country after peaceful protests mourning the death of George Floyd in Minneapolis may rival the 1992 Los Angeles riots to become the most costly civil disorder for insurers in...
Basketball Players Lose Copyright Infringement Bid Over ‘Fortnite’ Dance
Jun 3 2020 // A federal judge has dismissed a lawsuit in which two former University of Maryland men’s basketball players accused makers of the “Fortnite” video game of misappropriating a dance move that the...
Federal Court Allows Counties’ Clean Air Claims Against VW for Diesel Scandal
Jun 2 2020 // A U.S. appeals court ruled on Monday that Volkswagen AG cannot escape potential financial penalties from two counties in Florida and Utah that may amount to a “staggering” additional liability arising from the...
Sixth Defendant Pleads Guilty in New Orleans Staged Accident Case
Jun 2 2020 // A New Orleans man has pleaded guilty in a case involving staged accidents between automobiles and tractor-trailers in that city, the U.S. Attorney’s office announced. Mario Solomon, 48, a entered a guilty plea on May...
Aon Appoints Rieth as U.S. Practice Leader for E&O/Cyber Broking Team
Jun 1 2020 // Aon announced that Brent Rieth is the new U.S. Practice Leader of the Cyber Solutions Errors and Omissions/Cyber Broking team. Rieth first joined Aon in 2009 as team leader of the E&O/Cyber broking effort for...
K2 Insurance Services Launches International Re/insurance Platform in London
Jun 1 2020 // K2 Insurance Services, the underwriting and distribution specialist in the U.S. program insurance market, announced the launch of K2 International, a specialty insurance and reinsurance underwriting platform, based in...
