All the headlines from our USA Topic Page, ordered by recency.
Jul 2 2020 // Lemonade Inc., the online home insurance provider backed by SoftBank Group Corp., jumped as much as 86% after raising $319 million in its U.S. initial public offering.[inline-ad-1] Shares of the company opened at $50.06...
Jul 2 2020 // Novartis Pharmaceuticals Corp. agreed to pay $678 million to resolve a whistle-blower case accusing the company of paying kickbacks to thousands of doctors who prescribed its drugs and wooing them with lavish dinners and...
Jul 1 2020 // A New Hampshire woman has been sentenced to 18 months in federal prison for participating in a mail fraud scheme targeting restaurants and insurance companies.According to court documents and statements made in court, for...
Jun 30 2020 // The U.S.commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years and a continuation of a decade-long trend of worsening underwriting...
Jun 30 2020 // A New York state insurance broker has been arrested and charged with wire fraud, attempted wire fraud and aggravated identity theft and is facing a maximum penalty of 20 years in prison.U.S. Attorney James P. Kennedy Jr....
Jun 30 2020 // Miami, FL, June 30, 2020 –Insurance Companies Can Save Millions in Licensing Program. WrapRoof™ secured 20 U.S. patent claims in a revolutionary upgrade to blue tarps, becoming the only patented shrink wrap system in...
Jun 29 2020 // A Houston pharmacist has been sentenced to 10 years in prison in a $21 million workers’ compensation fraud case.George Philip Tompkins, 75, the self-proclaimed “Compound King” and former owner of Piney...
Jun 29 2020 // Brit Global Specialty USA will transfer the renewal rights for its cargo business to Falvey Cargo Underwriting, effective July 2.As part of the deal, Will Frohne and Yasu Saegusa will move from Brit to Falvey Cargo as...
Jun 29 2020 // Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, has appointed Sara Steiner to the role of vice president and director of Assumed Reinsurance. Sara Steiner Steiner is based in LM Re’s office in...
Jun 29 2020 // Assicurazioni Generali SpA has approached Brightsphere Investment Group Inc about a possible acquisition of the U.S. asset management firm, people familiar with the matter said on Friday.A deal would expand the U.S....
Jun 29 2020 // Delos Insurance Solutions, a property insurtech managing general agent (MGA), has created a new insurance product with Canopius US Insurance designed to improve the homeowners insurance options for those living in wildfire...
Jun 26 2020 // California regulators approved new rules on June 25 that would force automakers to sell more electric work trucks and delivery vans, a first-of-its-kind rule aimed at helping the nation’s most populous state clean up...
Jun 26 2020 // Italy’s largest insurer Assicurazioni Generali SpA said it will become a major shareholder in Cattolica Assicurazioni SC and a strategic partner with Cattolica in several areas of mutual opportunity.Generali said it...
Jun 26 2020 // We now live in a world where climate gentrification exists: People and institutions are starting to assess and appraise properties based on their susceptibility to climate impacts. The idea was largely hypothetical as...
Jun 24 2020 // FRANKFURT/NEW YORK- Bayer AG, after more than a year of talks, agreed to pay as much as $10.9 billion to settle close to 100,000 U.S. lawsuits claiming that its widely-used weedkiller Roundup caused cancer, resolving...
Jun 24 2020 // Lyft Inc. has agreed to settle allegations that it violated federal law when some of its drivers refused to give rides to people using folding walkers or collapsible wheelchairs in the Los Angeles area, the U.S....
Jun 24 2020 // Michigan’s attorney general has asked a judge to shut down a pipeline in the Great Lakes after an energy company discovered that an anchor support had shifted deep below the surface.Enbridge Inc. insists the Line 5...
Jun 24 2020 // Severe weather outbreaks across the United States, with a lot of hailstorm damage, resulted in another costly month for insurers as a significant proportion of the US$4 billion economic cost was covered by insurance,...
Jun 24 2020 // A federal judge on Tuesday dismissed a challenge by hospital groups to a federal rule requiring them to disclose prices they quietly negotiate with insurers, in a victory for White House efforts to make healthcare pricing...
Jun 23 2020 // In May 2012, Hanson and Michael Rowe noticed an overpowering smell, like rotten eggs, seeping from an abandoned gas well on their land in Kentucky. The fumes made the retired couple feel nauseous, dizzy, and short of...