Trending USA Headlines
The most viewed headlines from our USA Topic Page over the last 30 days.
#1 US P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red
Jul 3 2024 // For the second year in a row, the U.S. property/casualty industry booked an underwriting loss of more than $20 billion primarily due to the lackluster performance of personal auto and home insurance lines. The total U.S....
#2 US Home Insurance Still Priced Too Low for Climate Risk, Says Swiss Re Chair
Jul 1 2024 // This has been a year of insurance sticker shock in the US. But the man who provides insurance to insurers thinks maybe the shock still isn’t enough to steer people away from risk in a changing climate. “There...
#3 US P/C Insurers Post Best Q1 Underwriting Result In 17 Years
Jun 27 2024 // Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S. property/casualty insurers posted a net combined ratio of 94—the best since first-quarter...
#4 US Judge Skeptical of Biden Overtime Pay Rule
Jun 25 2024 // A federal judge in Texas on Monday seemed likely to stop a Biden administration rule that would extend mandatory overtime pay to 4 million U.S. workers from taking effect, but was unsure whether he could block it...
#5 US Roof Maintenance Lags: Hanover
Jul 1 2024 // More than half of U.S. homeowners did not check their roofs for issues between February 2023 and 2024, according to a recent report by The Hanover Insurance Group. Only 38% of survey respondents reported checking for roof...
#6 Damage From Hurricane Beryl May Cost Insurers $2.7B in US, $510M in Caribbean: KCC
Jul 11 2024 // Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe modeling company Karen Clark & Co (KCC) said on Thursday. About 1.5 million customers remained...
#7 Wildfire Threats Make Utilities Uninsurable in US West
Jun 25 2024 // Trinity Public Utilities District’s power lines snake through the lower reaches of the Cascade Range, a rugged, remote and densely forested terrain in Northern California that has some of the highest wildfire risk in...
#8 Ozempic Maker Novo Plans Another $4.1 Billion US Factory
Jun 26 2024 // Novo Nordisk A/S plans to invest $4.1 billion in another US factory, plowing more money into its biggest market amid rising discontent over the cost of its obesity and diabetes drugs. The project in Clayton, North...
#9 GM to Pay $145.8M Penalty After US Finds Excess Emissions
Jul 5 2024 // General Motors will pay a $145.8 million penalty and forfeit credits worth hundreds of millions of dollars after a U.S. government investigation found excess emissions from approximately 5.9 million GM vehicles, government...
#10 Russian Cybersecurity Firm Kaspersky Labs to Wind Down US Operations
Jul 18 2024 // Kaspersky Labs will gradually wind down its U.S. operations from July 20, the Russian anti-virus software maker said on Monday, nearly a month after the Biden administration announced plans to bar sales of the company in...
#11 Climate Change Amplifies Deadly Heat Wave Sweeping Across Southwestern US, Mexico
Jun 24 2024 // Human-caused climate change dialed up the thermostat and turbocharged the odds of this month’s killer heat that has been baking the Southwestern United States, Mexico and Central America, a new flash study...
#12 US Prosecutors Recommend DOJ Criminally Charge Boeing as Deadline Looms
Jun 24 2024 // U.S. prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing after finding the planemaker violated a settlement related to two fatal crashes, two people familiar...
#13 Markets/Coverages: FloodFlash Offers Parametric Flood Product Across US
Jun 24 2024 // FloodFlash announced its expansion to cover all mainland US locations. The sensor-enabled parametric flood insurer provides flood coverage in excess of the National Flood Insurance Program (NFIP) where the private markets...
#14 People Moves: Gallagher Hires Eaton From Howden for US Cargo Role; Hartford Names Fish Head of Group Benefits, Bassett Global CUO and Head of Reinsurance
Jul 10 2024 // Gallagher Names Eaton Exec Director to Support US Cargo Gallagher appointed of Jonathan Eaton to executive director, responsible for overseeing wholesale to other non-specialist brokers and working with Gallagher offices...
#15 Worsening Floods Pose Threat to US Dam Safety
Jul 5 2024 // ST. LOUIS (AP) — Early last week, floodwater in rural Minnesota pushed debris against a more than century-old dam and then carved a path around it, eroding so much of the riverbank that most of a house fell into the...
#16 Minnesota Dam Risks Failure During Wave of Intense US Weather
Jun 26 2024 // A dam holding back swollen flood waters in Minnesota was at risk of failure Monday as intense weather buffeted much of the US. The Blue Earth River has cut around the west side of the Rapidan Dam, local officials warned in...
#17 US P/C Insurers Post Best Q1 Underwriting Result in 17 Years
Jul 15 2024 // Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S. property/casualty insurers posted a net combined ratio of 94 — the best since...
#18 Coverys Launches London Market Insurer, Approved to Write US E&S Business
Jul 2 2024 // Coverys Ltd., a UK entity in the Coverys Group of Companies, has received regulatory authority to launch a London company market insurer, effective June 26. Coverys Ltd. is part of Coverys’ dedicated London platforms...
#19 ESG Investing Rule Presents Early Test on Limits of US Agency Powers
Jul 8 2024 // A challenge to a Biden administration rule allowing socially conscious investing by employee retirement plans will present an early test of how courts will scrutinize federal regulations after the U.S. Supreme Court said...
#20 DOJ Drops Claims That TikTok Misled US Consumers in Lawsuit
Jun 24 2024 // The US Justice Department is dropping one of two proposed claims against ByteDance Ltd.’s TikTok, planning to focus a consumer protection lawsuit later this year on children’s privacy instead of allegations the...
