Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Houthi Attacks on Shipping in Red Sea Persist; U.S. and Allies Strike Back
Jan 12 2024 // The United States and Britain carried out strikes from the air and sea against Houthi military targets in Yemen in response to the movement’s attacks on ships in the Red Sea. The Houthis have been targeting vessels...
People Moves: AXIS Appoints Tan Head of Wholesale Casualty; Fiato Named Allstate Chief Claims Officer; Schoberth to Lead Canopius US Distribution
Jan 12 2024 // AXIS Capital Holdings Limited named Anna Tan as head of wholesale casualty. Tan joins AXIS from Navigators, a brand of The Hartford, where she served for over 12 years, most recently as head of excess casualty. Before...
Auto Insurance Costs Soar by 20% in the US
Jan 12 2024 // There’s no relief in sight for US car owners who’ve faced soaring costs of maintaining a vehicle in the past two years. Prices of motor-vehicle insurance rose 20.3% in December from a year earlier, the biggest...
Rokstone Launches Kentucky-based TPA for U.S. Agricultural Claims
Jan 11 2024 // Rokstone, a specialty insurance and reinsurance managing general agency, has launched a new third-party administrator service based in Kentucky. Part of the Aventum Group, Rokstone said its new Verus TPA will manage...
MarketScout: 2023 US Commercial Composite Rate Up 4.56%
Jan 10 2024 // According to the MarketScout Market Barometer, U.S. commercial property/casualty insurance rates rose 5.6% in the fourth quarter of 2023, resulting in a total composite rate increase of 4.56% for the whole of...
Russia Oil Tankers Are Doing Strange Things Since Ramp Up of US Sanctions
Jan 8 2024 // There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in US sanctions targeting traders and shipping companies moving the nation’s petroleum. Over the past...
Google Must Bargain With YouTube Worker Union, US Labor Board Rules
Jan 5 2024 // Alphabet Inc’s Google violated U.S. labor law by refusing to bargain with a union representing contract workers for YouTube Music, a federal agency has ruled. The National Labor Relations Board (NLRB) in a decision...
US Supreme Court to Hear Challenge to EPA’s ‘Good Neighbor’ Air Pollution Plan
Jan 5 2024 // The U.S. Supreme Court on late last month said it would hear a bid to block the Environmental Protection Agency from enforcing a federal regulation aimed at reducing ozone emissions that may worsen air pollution in...
SpaceX Sues US Agency That Accused it of Firing Workers Critical of Elon Musk
Jan 5 2024 // Rocket and satellite maker SpaceX on Thursday sued a U.S. labor board to block its case accusing the company of illegally firing employees who sent a letter to company executives calling CEO Elon Musk “a distraction...
People Moves: Stirk to Join Marsh as US Chief Growth Officer; Liberty Mutual Grows Cyber Team
Jan 4 2024 // Marsh, a business of Marsh McLennan headquartered in New York, hired Andy Stirk as U.S. chief growth officer effective January 16. Stirk is based in New York. With 20 years of insurance industry experience, Stirk rejoins...
January’s Property Cat Renewals See Biggest Price Hikes in Turkey, Italy and US
Jan 4 2024 // While the reinsurance market indeed stabilized during the January 2024 reinsurance renewals (from the chaotic January renewals of last year), buyers with loss-affected programs experienced further upward pressure on...
SpaceX Illegally Fired Workers Critical of Elon Musk, US Labor Agency Says
Jan 4 2024 // Rocket and satellite maker SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully firing eight employees for circulating a letter calling founder and CEO Elon Musk a “distraction and...
Turkey Earthquake Tops 2023 Insurance Industry Losses Outside US: CRESTA
Jan 2 2024 // The largest non-US natural catastrophe in 2023 was the Kahramanmaras Earthquake Sequence in Turkey on Feb. 6, which generated an industry loss of US$5.8 billion, the largest ever cat loss for the Turkish insurance market,...
Extreme Weather in Germany Costs Insurers US$5.4 Billion in 2023: GDV
Dec 29 2023 // Extreme weather in Germany again caused high insurance claims this year, with an estimated price tag of €4.9 billion (US$5.4 billion) during 2023, according to the German Insurance Association (GDV). This extreme weather...
SEC’s Ambitious Climate Agenda Stalls as US Elections Raise Stakes in New Year
Dec 29 2023 // The Securities and Exchange Commission’s failure to complete an ambitious climate-related agenda in 2023 is making environmental activists nervous. Less than a year before a US presidential election that could...
Ice Storms and Blizzards Pummel the Central US
Dec 28 2023 // MINNEAPOLIS (AP) – From an ice storm in North Dakota that sealed windows shut to blizzard conditions in Colorado causing hundreds of airport delays and cancellations, a winter storm pummeled much of the central United...
Truck Engine Maker Cummins to Pay Record $1.675 Billion US Environmental Fine
Dec 28 2023 // Truck engine maker Cummins Inc. has agreed in principle to pay a $1.675 billion fine for installing devices on hundreds of thousands of engines to allow them to emit excess pollution, the largest-ever civil penalty for a...
US Seizes BlackCat Ransomware Site, Offering Decryption Tool
Dec 28 2023 // The US Justice Department seized websites belonging to a notorious Russian-speaking ransomware group, upending hackers that have extorted millions of dollars from victims around the world. The website for the extortion...
US Workplace Stress at All Time High, Survey Says
Dec 28 2023 // Stress at work has reached epidemic proportions and shows little decline in 2023, according to the American Psychological Association’s “Work in America Survey: Workplaces as Engines of Psychological Health...
Iranian-Linked Hacks Expose Vulnerabilities of US Water System
Dec 27 2023 // In late November, an Iranian-backed hacking group attacked Israeli-made digital controls commonly used in the water and wastewater industries in the US, affecting multiple organizations across several states. That same...
