Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Personal Lines Insurance Poised to Turn Profit in 2020 As Auto Claims Fall: Fitch
Jul 20 2020 // After a profitable 2019, the U.S. personal lines insurance sector is positioned to see underwriting profits in 2020 even with considerable economic uncertainty from the coronavirus pandemic, according to a report from...
Lloyd’s to Exit U.S. Admitted Market to Focus More on U.S. Surplus Lines, Reinsurance Markets
Jul 20 2020 // Lloyd’s announced it plans to stop accepting admitted market accounts in the United States in a year and focus on the U.S. reinsurance and excess and surplus (E&S) insurance market, where it is the market...
Maryland Governor Announces $501M Unemployment Insurance Fraud Case
Jul 17 2020 // Maryland uncovered a massive criminal enterprise involving identity theft and more than 47,500 fraudulent unemployment insurance claims in the state adding up to more than $501 million, Governor Larry Hogan said Wednesday,...
Investors, Insurers Warned of Risk of U.S. Sanctions for Russian Pipeline Ties
Jul 17 2020 // U.S. Secretary of State Mike Pompeo on Wednesday warned investors in two Russian natural gas pipeline projects that they could face sanctions as the Trump administration seeks to curb the Kremlin’s economic leverage...
Hailstorm in June Was One of Canada’s Costliest Thunderstorm-Related Events: Aon
Jul 17 2020 // Canada saw powerful a series of powerful thunderstorms in June, which brought hail greater than the size of tennis balls and caused extensive damage and flooding throughout the greater Calgary metro region, said Aon in its...
A Look at the 32% of Businesses Located in Hurricane-Vulnerable Counties
Jul 17 2020 // As the 2020 hurricane season gets underway, emergency officials pay attention to the growing share (29%) of the U.S. population in the nation’s 255 coastline counties. They’re also looking at ways to minimize...
Crest Insurance in California Names Jacquelin Head of Ocean Marine
Jul 17 2020 // Crest Insurance Group in San Diego, Calif. has named P.J. Jacquelin II to oversee its ocean marine practice. Jacquelin has more than 20 years of experience in insurance and risk management. After graduating from the...
Insurers Score a Win in Texas Air Ambulance Fee Dispute
Jul 16 2020 // State law prevails in disputes between insurers and an air ambulance service over reimbursements under the Texas workers’ compensation system, the state’s highest court recently ruled. In Texas Mutual Insurance...
Texas CBS Affiliate to Settle Female Reporter’s Age Suit for $215K
Jul 16 2020 // A CBS broadcast affiliate in Texas will pay $215,000 to settle an age discrimination lawsuit brought by a female reporter, federal authorities say. CBS Stations Group of Texas also will furnish significant equitable relief...
Listeria-Related Charges Against Ex-Blue Bell Creameries President Dismissed
Jul 16 2020 // A federal judge has dismissed charges against the former president of Texas-based Blue Bell Creameries, who U.S. prosecutors said concealed from customers what the company knew about contaminated ice cream linked to a 2015...
Report Says COVID-19 Brought to N.Y. Nursing Homes By Infected Staff, Visitors
Jul 16 2020 // A New York State Department of Health (NYSDOH) report says the coronavirus outbreak that has afflicted nursing homes throughout the state may have resulted from staff and visitors unknowingly infecting residents early in...
Houston Rockets Becomes First NBA Team to Sue Insurer Over Denied Covid-19 Claims
Jul 16 2020 // The Houston Rockets and billionaire owner Tilman Fertitta are suing their insurer for denying the National Basketball Association team’s bid to tap its business-interruption insurance policy over revenue losses from...
European Union Court Invalidates Special Data Privacy Shield Granted U.S. Firms
Jul 16 2020 // LUXEMBOURG – Europe’s highest court ruled on Thursday that a transatlantic data transfer deal is invalid because of concerns about U.S. surveillance in a decision that could disrupt thousands of companies that...
High-Tide ‘Nuisance’ Flooding to Continue to Grow and Plague U.S. Communities: NOAA
Jul 16 2020 // Coastal communities in the U.S. continued to see record-setting high-tide flooding last year, forcing their residents and visitors to deal with flooded shorelines, streets and basements — a trend that is expected to...
Estimated 659K Lost Health Coverage in Texas, State with Most Uninsured in U.S.
Jul 15 2020 // Job loss stemming from the coronavirus stripped health insurance from an estimated 659,000 Texans between February and May, according to a new study. The analysis, published on July 14 by Families USA, a nonpartisan...
Profit-Driven Automakers Race to Next Level of Not Quite Self-Driving Cars
Jul 15 2020 // Autopilot, ProPilot, CoPilot: Automakers have many names for new systems that allow for hands-free driving, but no safety or performance standards to follow as they roll out the most significant changes to vehicle...
Axis Adds Swiss Re, NAS and Hiscox Veterans to U.S. Cyber Insurance Team
Jul 14 2020 // Specialty insurer AXIS Insurance announced the hiring of three experienced underwriters to its U.S. Cyber and Technology team. Peter Smith will join AXIS as underwriting manager, while and Emma Werth and Jessica Currier...
U.S. Pressures Insurers, Certifiers, Shippers in Enforcing Tougher Sanctions on Venezuela
Jul 14 2020 // Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the...
Allianz Restructures AGCS North America Team as Part of New Profit Plan
Jul 13 2020 // As Allianz Global Corporate & Specialty SE (AGCS) executes its plan to regain profitability in the corporate and specialty insurance segment, it is adopting a more simplified regional organization in North America. The...
U.S. Targets Ship Insurers, Maritime Industry to Strengthen Venezuela Sanctions
Jul 13 2020 // Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the...
