All the headlines from our USA Topic Page, ordered by recency.
Jun 10 2020 // Lancashire Holdings Ltd. has completed an equity capital raise of approximately £277 million (US$352 million) through the placement of new common shares.The Lloyd’s insurer said it intends to use the proceeds of the...
Jun 9 2020 // Tropical Storm Cristobal weakened into a depression early on June 8 after inundating coastal Louisiana and ginning up dangerous weather along most of the U.S. Gulf Coast, sending waves crashing over Mississippi beaches,...
Jun 9 2020 // International Business Machines Corp. will no longer offer general purpose facial recognition or analysis software, new Chief Executive Officer Arvind Krishna said in a letter to the members of the United States Congress...
Jun 8 2020 // New research shows that the restrictive measures taken around the world to slow the spread of the coronavirus have delivered considerable health benefits.Public health measures including social distancing and lockdowns...
Jun 8 2020 // Sompo International Holdings Ltd., a Bermuda-based specialty property,/casualty insurer, has launched a U.S. Insurance Environmental unit that augments its existing capabilities currently available through its Sompo Global...
Jun 8 2020 // Fire officials preparing for a hazardous wildfire season in Nevada will be challenged by high temperatures, drought and the coronavirus.“Fire doesn’t really care that there’s a pandemic. We’re going...
Jun 8 2020 // There have been at least three shareholder lawsuits filed over the mega-deal that would have insurance broker Aon acquire rival Willis Towers Watson. The suits allege that Willis and its directors breached their fiduciary...
Jun 8 2020 // U.S. trade credit insurers have approached the U.S. Treasury Department and Federal Reserve seeking financial backing for claims payments to support business supply chains hit by the novel coronavirus pandemic, three...
Jun 5 2020 // Rocks being thrown by President Trump are causing major ripples in the insurance pond. His declaration that Antifa would be labeled a terrorist organization raised questions regarding whether coverage would be excluded,...
Jun 5 2020 // Al’s, a sporting-goods store tucked in Wilmington, Delaware’s small shopping district, opened during the Great Depression, weathered World War II and has been able to keep workers on the job during the...
Jun 4 2020 // Climate change is a systemic risk with wide-ranging potential physical impacts, according to a new report that also serves as a call-to-action for U.S financial regulators to do more to deal with a changing climate.An...
Jun 4 2020 // As oil and gas companies began shutting offshore production before the first tropical storm of the season in the U.S. Gulf of Mexico, experts said restarting wells and refineries will take longer and prove more costly this...
Jun 4 2020 // A U.S. appeals court has blocked Bayer AG from selling an agricultural weed killer in the United States, the latest setback for a business already fighting an expensive legal battle over another product.A three-judge panel...
Jun 4 2020 // U.S. senators will announce a bill this week expanding sanctions on Russia’s Gazprom-led Nord Stream 2 project, Senate aides said, targeting a pipeline Washington says will make Europe too reliant on Russian gas.The...
Jun 4 2020 // In the new reality of COVID-19, some Americans may still be willing to travel abroad – but they’re going to make sure they’re insured up to the hilt.U.S. travel insurers are seeing a surge in demand for...
Jun 4 2020 // As the insurance industry faces litigation and questions over virus-related claim denials, it could soon be dealing with another business income hurdle due to the civil unrest that has taken place in many U.S. cities...
Jun 4 2020 // Scenes that played out over the past few days in several East region states are serving as a stark reminder for the insurance industry of civil unrest that took place in New York and other U.S. states more than 50 years...
Jun 3 2020 // BP Plc began turning off production at three platforms in the northern Gulf of Mexico and evacuating workers because of the threat from Tropical Storm Cristobal, forecast to make landfall in Louisiana over the weekend, the...
Jun 3 2020 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited AA&B Builders Inc. and Ebenezer General Construction Excavating for exposing employees to safety hazards on a worksite...
Jun 3 2020 // Rioting that erupted in cities across the country after peaceful protests mourning the death of George Floyd in Minneapolis may rival the 1992 Los Angeles riots to become the most costly civil disorder for insurers in...