Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Trump Administration, Airlines Can’t Agree on Contact Tracing Plan
Aug 24 2020 // The Trump administration’s efforts to require airlines to collect contact tracing information from U.S.-bound international passengers has stalled, five people briefed on the matter told Reuters on Friday, adding...
101 Sales, Marketing & Agency Management Ideas
Aug 24 2020 // 1. Offset Negativity. What can you show your clients that you are doing to help them during the pandemic? Everyone is tired of hearing how all their business income (BI) claims are denied. What are you doing to offset all...
Commercial Insurance Prices Up 19% in Q2: Marsh Index
Aug 24 2020 // Global average commercial insurance prices increased 19% in the second quarter of 2020, the eleventh straight quarter they have risen. Average price increases were driven principally by increases in property insurance...
Insured Losses from Hurricane Isaias $3-$5 Billion: RMS
Aug 24 2020 // Estimated total insured losses from Hurricane Isaias will be between $3.0 and $4.5 billion in the U.S. This includes estimated losses to the National Flood Insurance Program (NFIP) of between $400 and $700 million,...
People & Places
Aug 24 2020 // National QBE North America has promoted Steve Gransbury to head of Specialty Insurance, a new group of existing QBE businesses, and promoted Tara Krauss to head of Accident & Health. The Specialty Insurance unit...
Dueling Storms Marco, Laura Hit Haiti, Dominican, Cuba on Way to Gulf Coast
Aug 23 2020 // SUNDAY, 08/23/2020, 06:23 PM— Hurricane Marco and Tropical Storm Laura tore through the Caribbean and Gulf of Mexico on Sunday, forcing thousands of coastal residents in Louisiana and Cuba to evacuate and flooding roads...
Gulf Coast Braces for Tropical Storm Marco; States Declare Emergencies
Aug 23 2020 // 08/22/2020 05:30 PM — Marco, one of two tropical storms headed for the U.S. Gulf Coast, was forecast to strengthen into a hurricane later on Saturday as coastal governors urged residents to prepare for the unprecedented...
Claims for Business Income Loss Due to Construction Dust Denied in Pre-COVID Case
Aug 21 2020 // In an opinion that could inform coronavirus business interruption claims now before various courts, a federal appeals court has ruled that a Florida restaurant is unable to collect on its insurance for business...
Texas Pharmacy Marketer Charged in $60M Kickback Scheme
Aug 21 2020 // A Texas-based pharmacy marketer has been charged by federal in a conjunction to a scheme to collect more than $60 million in healthcare kickbacks. Vinson Woodlee, owner and president of Med Left LLC, has been charged with...
Overall U.S. Traffic Is Down 16% for Year
Aug 21 2020 // Travel on all U.S. roads and streets for 2020 is down by 264.2 billion vehicle miles, or 16.6%, according to the Department of Transportation. For June traffic was down 36.5 billion vehicle miles, or 13.0%, compared with...
Judge Agrees to Some VW Requests to Limit SEC Lawsuit Over Diesel Scandal
Aug 21 2020 // A U.S. judge on Thursday dismissed portions of a U.S. Securities and Exchange Commission lawsuit accusing Volkswagen AG of defrauding American investors in connection with the automaker’s diesel emissions...
Convicted North Carolina Insurance Donor Gets 7 Years in Bribery Case
Aug 21 2020 // A major political donor convicted of attempting to bribe a North Carolina elected official to secure preferential regulatory treatment for his insurance business was sentenced Wednesday to more than seven years in...
Bayer to Pay $1.6 Billion to End 90% of U.S. Claims for Essure Birth Control Device
Aug 21 2020 // German drugs and pesticides group Bayer said on Thursday it will pay around $1.6 billion to settle the majority of U.S. claims involving its Essure birth-control device. The agreement follows a $10.9 billion settlement in...
U.S. Charges Uber’s Ex-Security Chief With Deliberately Concealing 2016 Hacking
Aug 21 2020 // In an unprecedented case, a former chief security officer for Uber Technologies was criminally charged on Thursday with trying to cover up a 2016 hacking that exposed personal information of about 57 million of the...
California Court Ruling Offers Way for Voters to Stave Off Shutdown of Uber, Lyft
Aug 20 2020 // A California appeals court ruling on Thursday avoided a shutdown of ride-hailing services Uber and Lyft in the state, effectively handing a decision over gig worker benefits and pay to voters in a November ballot...
Chubb Signs Onto Multi-Year Sponsorship of U.S. Tennis Open
Aug 20 2020 // The U.S. Tennis Association announced that insurance carrier Chubb has become the official insurance sponsor of the U.S. Open under a multi-year agreement that begins immediately. Chubb’s branding will be featured in...
Court Deals Blow to Litigation Funders With False Claims Act Suits
Aug 20 2020 // A federal appellate court dealt a blow against litigation funding companies by ruling that the U.S. Justice Department can dismiss any False Claims Act lawsuits that it deems meritless without first proving that dismissal...
Chinese Crowdfunding, Insurance Site Waterdrop Raises $230 Million, Plans U.S. IPO
Aug 20 2020 // Chinese online insurance technology platform Waterdrop Inc. has raised $230 million in a new funding round led by reinsurer Swiss Re and Chinese internet giant Tencent Holdings, it said on Thursday. Waterdrop’s...
Drug Costs for COVID-19 Patients in U.S. Hospitals Drop But May Rise Again
Aug 20 2020 // Medication costs for COVID-19 patients hospitalized in the United States have dropped sharply since May, reflecting advances in treatment, shorter stays and use of cheaper generic drugs. But costs may rise again as...
Class Action Claims E*Trade Failed to Warn About Risks From Oil Price Crash
Aug 19 2020 // One of the biggest U.S. brokerages has been hit with a class action lawsuit after the oil price crash in April led to hundreds of thousands of dollars in losses for its clients and allegations that the firm failed to...
