Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Cybersecurity Groups Push US to Boost Collaboration on Hacks
Jun 8 2022 // Business leaders and cybersecurity experts are pushing the Biden administration to step up efforts to quell big hacks against US companies. In a joint statement June 7, several of the groups said a public-private...
House Committee to Hold Hearing on Soaring U.S. Traffic Deaths
Jun 8 2022 // A U.S. House of Representatives subcommittee on Wednesday is holding a hearing on soaring American traffic deaths and efforts to build safer roads. Last year, traffic deaths jumped 10.5% to 42,915 marking the highest...
U.S. Supreme Court Refuses to Hear COVID Business Interruption Case
Jun 8 2022 // The US Supreme Court decided Monday that it will not hear an appeal of a decision that denied coverage for losses caused by COVID-19 shutdown orders, effectively closing the last door for such claims in the federal court...
U.S. Senators Unveil Bill to Regulate Cryptocurrency
Jun 8 2022 // A bipartisan pair of U.S. senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency, and hand the bulk of their oversight to the Commodity Futures Trading Commission (CFTC). The bill, introduced...
U.S. Supreme Court Denies Oklahoma Goodwill COVID Business-Interruption Suit
Jun 7 2022 // The U.S. Supreme Court on Monday denied a lawsuit from an Oklahoma Goodwill branch seeking coverage for COVID-19 business income loss. Goodwill Industries of Oklahoma had sought to appeal its lawsuit against Philadelphia...
People Moves: Hippo Names McCathron as CEO; M&A Insurance Platform io.insure Adds Staff for U.S.
Jun 7 2022 // McCathron Succeeds Founder Wand as CEO Home insurer Hippo reports it has appointed Richard McCathron as chief executive officer. McCathron has served on Hippo’s board of directors and as the company’s president...
U.S. Supreme Court Rules Southwest Airlines Cannot Force Wage Suit Into Arbitration
Jun 7 2022 // Southwest Airlines Co. cannot force a baggage handler’s class action lawsuit over overtime pay into private arbitration, the U.S. Supreme Court ruled on Monday in a decision with costly potential implications for...
U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005
Jun 6 2022 // U.S. traffic deaths jumped 10.5% in 2021 to 42,915 — the highest number killed on American roads in a single year since 2005, U.S. regulators said in its preliminary estimate. The yearly increase is the highest...
Munich Re Issues Green Bond in U.S. Market — a First for European Insurer
Jun 6 2022 // Following its successful placement of green bonds in 2020 and 2021, Munich Re has sucessfully placed its first green subordinated bond in a private placement to qualified institutional buyers in the U.S. market. By issuing...
U.S. Nuclear Power Regulator Backs NuScale Design After Quake Safety Review
Jun 2 2022 // NuScale Power Corp.’s design for a new kind of nuclear reactor is adequate to protect the project from damage by earthquakes, staff at the U.S. nuclear power regulator said in documents seen by Reuters on...
Dry Winter, Wet Spring Shrink U.S. Wheat Crop, Adding to Global Woes From War
Jun 2 2022 // North Dakota farmer Dwight Grotberg wanted to plant more wheat this spring to capitalize on soaring prices since Russia’s invasion of Ukraine cut grain exports and left the world short of millions of tonnes of wheat...
U.S. Product Recalls Reach 10-Year High in Q1
Jun 1 2022 // Over 900 million units were recalled during the first quarter in the United States in the automotive, consumer products, food and drink, pharmaceutical, and medical device industries according to Sedgwick’s latest...
U.S. P/C Q1 2022 Underwriting Income Up 5%: AM Best
May 31 2022 // AM Best reported Friday that first-quarter net underwriting income for the U.S. property/casualty industry rose 4.6% to $3.3 billion. Explaining the result, AM Best said that a 10.5 percent jump in net earned premiums and...
U.S. Consumer Spending Beats Expectations in April; Inflation Likely Peaked
May 27 2022 // U.S. consumer spending rose more than expected in April, while annual inflation appeared to have peaked, which could help to underpin economic growth in the second quarter amid rising fears of a recession. Consumer...
U.S. Seizes Iranian Oil Cargo From Russian-Operated Ship Near Greece: Sources
May 27 2022 // The United States has confiscated Iranian oil held on a Russian-operated ship near Greece and will send the cargo to the United States aboard another vessel, three sources familiar with the matter said. It was unclear...
People Moves: Great American Promotes Mulvey; Rivera Succeeds Lubrano at Berkley Product Recall; Fusion Names U.S. Team for M&A
May 27 2022 // Great American Promotes Mulvey to Divisional President Great American Insurance Group recently announced the promotion of Michael B. Mulvey to divisional president within its FCIA, the division that underwrites trade...
Study Finds Climate Change Could Hit U.S. Corn Belt Hard
May 26 2022 // Climate change could hit the U.S. Corn Belt especially hard, a study from Emory University finds. Without “major technological advances in agricultural practices,” the U.S. Corn Belt will be unsuitable for...
Twitter Will Pay $150M to Settle With U.S. Over Data Privacy Violations
May 26 2022 // Twitter Inc. has agreed to pay $150 million to settle allegations it misused private information, like phone numbers, to target advertising after telling users the information would be used for security reasons, according...
Mexico Prepared to Sue U.S. Mining Firm Vulcan Over ‘Ecological Catastrophe’: President
May 26 2022 // Mexico will go to local and international courts if there is no agreement with U.S. firm Vulcan Materials over its mining activity in the eastern state of Quintana Roo, President Andres Manuel Lopez Obrador said on...
Can U.S. Gunmakers Be Liable for Mass Shooting?
May 26 2022 // An 18-year-old gunman stormed a Texas elementary school on Tuesday and killed 19 children and two teachers, reigniting a debate in the United States over gun control and the potential legal liability for manufacturers of...
