Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Abortion and Insurance in a Post-Roe U.S.
Sep 14 2022 // This post is part of a series sponsored by AgentSync. The U.S. Supreme Court’s ruling June 24, 2022, in the case of Dobbs vs. Jackson, overturned five decades of abortion legal precedent established by the same court...
U.S. Seeks to Restore Safety Rules Sparked by Gulf Oil Spill
Sep 13 2022 // The Biden administration on Monday proposed offshore drilling safety measures that it said would help prevent oil spills and protect workers and the environment. The proposal aims to restore safety provisions put in place...
Climate Change Is Overwhelming U.S. Flood Maps, FEMA Head Says
Sep 13 2022 // Flood maps used by the Federal Emergency Management Agency are out of date and understate the risks to homes and businesses from flooding and extreme rain triggered by climate change, FEMA Director Deanne Criswell...
Price Increases Continue at 6% for U.S. Commercial Insurance in Q2: WTW
Sep 12 2022 // U.S. commercial insurance prices increased again during the second quarter 2022, according to WTW’s latest Commercial Lines Insurance Pricing Survey (CLIPS). The aggregate commercial price change reported by carriers...
Outlook Negative: AM Best Revises U.S. Personal Lines as Auto Results Weaken
Sep 9 2022 // AM Best said it held the belief that the U.S. personal auto line would right the ship following weakening performance in 2021, but headwinds such as inflation remain too strong and the rating agency revised its outlook for...
Record-High Direct Premiums Written for the U.S. Surplus Lines Segment in 2021
Sep 7 2022 // Total U.S. surplus lines direct premiums written (DPW) reached a record $82.6 billion in 2021, with momentum continuing through mid-year 2022, according to a new AM Best report. In the first six months of 2022, premiums...
U.S. P/C Records $6.3 Billion First-Half Underwriting Loss: AM Best
Sep 6 2022 // Growth in net premiums and a decline in policyholder dividends were eclipsed by losses and expenses to result in a $6.3 billion net underwriting loss for the U.S. property/casualty industry at the half-way mark of...
Hot Spots for Hot Cars: Colorado Leads U.S. in Vehicle Theft Rate, California in Overall Thefts
Sep 6 2022 // Texas, California, Florida, Illinois, and Colorado are all places where your car is most likely to be gone in 60 seconds. Vehicle thefts have skyrocketed in many areas of the U.S., according to the recently released...
Record-Breaking Pace for U.S. Product Recalls, Says Sedgwick
Sep 5 2022 // The number of U.S. products recalled this year has already surpassed 1 billion, according to the U.S. product recall index released by Sedgwick’s brand protection division. Only two other years on record have seen...
It’s Over: Lasting Underwriting Profits in U.S. D&O Market Unlikely, Fitch Says
Sep 2 2022 // Three years of soaring directors and officers liability insurance prices pushed combined ratios down to the mid-to-high 90s, but new entrants and potential claims volatility may spell trouble for underwriters in the years...
US Asks Farmers: Can You Plant 2 Crops Instead of 1?
Sep 2 2022 // There is only so much farmland in the United States, so when Russia’s invasion of Ukraine last spring prompted worries that people would go hungry as wheat remained stuck in blockaded ports, there was little U.S....
Mapping US Coastlines May ‘Drive More Equality’ in Climate Adaptation Policy
Sep 1 2022 // A Canadian technology company is using aerial imagery to build high-precision maps of US shorelines that will be used to help coastal communities adapt to climate change. By cataloguing which neighborhoods have more...
More Frequent, More Expensive Cyberattacks Spur US Spending on IT
Sep 1 2022 // A new study from insurer Hiscox shows that cyberattacks on U.S. businesses are more frequent and more expensive than ever before. The annual Hiscox Cyber Readiness Report, which gauges businesses’ preparedness to...
Comp Insurers Object to Florida Hospital Payments Set at 2x U.S. Average
Aug 31 2022 // The Florida Division of Workers’ Compensation appears to be intent on pushing the ball across the goal line on a long-awaited revision to hospital reimbursement rules, despite concern from insurers that some rates...
Reuters: Attacks on Gasfield in Northern Iraq Drive Out U.S. Contractors
Aug 30 2022 // A series of rocket attacks on a gasfield in northern Iraq has sent the U.S. contractors working on its expansion packing, dealing a blow to the Kurdish region’s hopes of boosting its revenues and offering a small...
U.S.-Listed Companies Will Have to Disclose How CEO Pay Stacks Against Firm Performance
Aug 26 2022 // Wall Street’s main regulator on Thursday voted to adopt a measure requiring that U.S.-listed companies disclose how the pay of their top executives squares with overall company performance. The U.S. Securities and...
US Pandemic-Era Inflation Mostly Driven by Demand Surge, NY Fed Study Finds
Aug 24 2022 // The majority of US pandemic-era inflation came from a surge in demand, but supply-chain constraints stoked it further, Federal Reserve Bank of New York research shows. About 60% of the inflation seen from 2019 to 2021 was...
Laser Incidents Reported by U.S. Pilots Hit Record in 2021
Aug 19 2022 // The number of reported incidents involving aiming of lasers at U.S. airplanes hit a record in 2021, according to a federal government report, which also said regulators should do more to address the problem. The Government...
U.S. Seeks Information From Tesla on In-Car Camera in Autopilot Probe
Aug 19 2022 // U.S. auto safety regulators on Thursday asked Tesla Inc. to answer questions about its in-car camera intended to monitor driver awareness as part of a probe into 830,000 Tesla vehicles that employ the carmaker’s...
U.S. Businesses in Taiwan See Limited Impact From Tensions With China
Aug 19 2022 // Most members surveyed by the American Chamber of Commerce in Taiwan said they had not been significantly affected by recent Chinese military drills around the island, but had heightened concerns, the group said on...
