Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Top 20 Cyber Insurers in U.S. Including Loss Ratios: NAIC
Nov 9 2021 // The cyber insurance market in the U.S. grew to roughly $4.1 billion in direct written premiums in 2020, an increase of 29.1% from the prior year, reports the National Association of Insurance Commissioners...
Reports from U.S.-based Group Will Examine Impacts of Climate Change on Terrorism
Nov 4 2021 // A new global partnership with the National Consortium for the Study of Terrorism and Responses to Terrorism will focus on the impact of climate change on terrorism. START, which is based at the University of Maryland, with...
‘American Way of Life’ at Risk From Cyber Attacks, Top U.S. Official Warns
Nov 4 2021 // A top U.S. cybersecurity official offered a dire warning to members of Congress on Wednesday, saying the “American way of life” faces serious risks amid the drumbeat of ransomware attacks and physical threats...
Where U.S. Insurers Are in Integrating Environmental, Social, Governance Issues
Nov 2 2021 // U.S. insurers are increasingly listening to demands from stakeholders that they use social, environmental and governance factors in their decision-making. According to an AM Best survey, 6 in 10 companies are aware of...
Analysts Say U.S. Labor Shortage Could Last a While
Nov 1 2021 // Labor shortages may be the most intractable of the cost risks that U.S. companies faced in the latest quarter, and as the earnings season moves into its peak there are signs the problem will persist, some say. Finding and...
U.S. Trucking Sector Struggles with Rising Rates, Driver Shortage
Nov 1 2021 // U.S. commercial auto insurers continue to face disruptions on their road to profitability due to inflation and the spotty post-pandemic economic recovery, according to a Standard & Poor’s Global Ratings...
Fire Destroys US Auto Auction Building in New Jersey, No Injuries Reported
Oct 29 2021 // Officials on Wednesday were investigating the cause of a fire that destroyed a large building that housed several businesses in southern New Jersey. Flames broke out Tuesday night and quickly spread throughout the US Auto...
Aromatherapy Spray From India Linked to U.S. Deaths Being Recalled
Oct 26 2021 // U.S. health officials may have solved the mystery of how four people in different states came down with a serious tropical disease even though none had traveled internationally: an aromatherapy spray imported from...
Analysts Say U.S. Labor Shortage Could Last a While
Oct 26 2021 // Labor shortages may be the most intractable of the cost risks that U.S. companies faced in the latest quarter, and as the earnings season moves into its peak there are signs the problem will persist, some strategists...
Hundreds of U.S. Networks Targeted by Russian Cyber Attack, Microsoft Says
Oct 25 2021 // The Russian-based agency behind last year’s massive SolarWinds cyberattack has targeted hundreds more companies and organizations in its latest wave of attacks on U.S.-based computer systems, Microsoft said in a blog...
Climate Change Makes Drought Recovery Tougher in Western U.S.
Oct 22 2021 // Californians rejoiced this week when big drops of water started falling from the sky for the first time in any measurable way since the spring, an annual soaking that heralds the start of the rainy season following some of...
Top Regulators’ Roadmap Addresses Climate Change as Threat to U.S. Financial Stability
Oct 22 2021 // Climate change is an “emerging threat” to U.S. financial stability that regulators should address in their everyday work, a top U.S. regulatory panel said on Thursday, a first for the United States which has...
U.S. Urges Global Intellectual Property Waiver for COVID-19 Vaccines
Oct 22 2021 // The White House on Thursday called on all World Trade Organization members to support an intellectual property waiver for COVID-19 vaccines. “We … need every WTO member to step up as well and support an...
Castel Targets U.S. Professional Liability Business With Launch of Underwriting Cell
Oct 21 2021 // Castel Underwriting Agencies Ltd. has launched a new underwriting cell, North American Professional Liability (NAPL), to focus on professional service firms’ business in the U.S. The cell is writing both primary and...
Munich Re Doubles Q3 Profit Despite Big Storm Losses in Europe, U.S.
Oct 20 2021 // German reinsurer Munich Re doubled its profit in the third quarter, despite big losses from storms in Europe and the United States, it said on Tuesday, but left its forecasts for the year unchanged. Profit rose to around...
U.S. Auto Safety Agency Faces Backlog of Rules and Missed Deadlines
Oct 19 2021 // After their 16-year-old daughter died in a car crash, David and Wendy Mills wondered whether she would be alive if federal rules on rear seat belt warnings had been issued on time. Four years later, with no rule and...
U.S. Insurers’ Face ‘Minimal Exposure’ in China’s Evergrande Property Crisis
Oct 18 2021 // The U.S. insurance industry faces only minimal exposure to land development companies in China as one of that country’s largest property developers, Evergrande, appears on the brink of collapse. According to analysts...
U.S. Property Insurers Could be Facing $12.5B in Hidden Cyber Losses
Oct 18 2021 // The U.S. property insurance market is accumulating cyber exposures that could result in $12.5 billion in non-physical damage losses and cause capital adequacy ratios for some carriers to deteriorate. A study conducted by...
Mosaic Insurance Opens First U.S.-Based Office Location in New York City
Oct 15 2021 // Mosaic Insurance has opened an office in New York City. This is its first U.S.-based physical address for a growing number of employees. The Midtown South office, which will accommodate members of Mosaic’s cyber and...
Tornadoes Rip Oklahoma; Storms Rock Central U.S.
Oct 12 2021 // Severe storms brought suspected tornadoes and baseball-sized hail to parts of Oklahoma, but there were no reports Monday of deaths or injuries. The severe weather system that hit Oklahoma late Sunday also brought heavy...
