All the headlines from our USA Topic Page, ordered by recency.
Apr 20 2020 // Ten years after an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the Gulf of Mexico, companies are drilling in deeper and deeper waters, where payoffs can be huge but risks are greater...
Apr 20 2020 // Insurance broker Marsh announced the appointment of Garrett Hanrahan as global head of Aviation with Marsh JLT Specialty. Hanrahan is succeeding Simon Harker, who is retiring after 44 years in the industry. Based in...
Apr 20 2020 // The Wimbledon tennis tournament had the foresight to buy around £1.5 million (US$1.9 million) per year in pandemic insurance following the SARS outbreak in 2003, said GlobalData in a recent bulletin.Paying out roughly...
Apr 17 2020 // WASHINGTON/SAN FRANCISCO, April 17 (Reuters) – Over two frantic weeks, the U.S. government pledged $350 billion to Main Street businesses across America desperate for cash after coronavirus lockdowns.Now a picture is...
Apr 17 2020 // Hacking activity against corporations in the United States and other countries more than doubled by some measures last month as digital thieves took advantage of security weakened by pandemic work-from-home policies,...
Apr 16 2020 // “Sea-level rise will radically redefine the coastline of the 21st century.”That’s from a new study that shows rising sea levels could lead to extreme flooding events in some U.S. coastal areas doubling...
Apr 16 2020 // Blood tests for the coronavirus could play a key role in deciding whether millions of Americans can safely return to work and school. But public health officials warn that the current “Wild West” of unregulated...
Apr 16 2020 // A federal judge said Tesla Inc. and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that he had secured funding to take his electric car company private in a $72 billion...
Apr 16 2020 // New York Governor Andrew Cuomo has hired high-powered consultants to develop a science-based plan for the safe economic reopening of the region that can thwart expected pressure from President Donald Trump to move more...
Apr 16 2020 // Specialist insurer Beazley has appointed Bethany Greenwood as global head of cyber & executive risk (CyEx) from July 2020. She will join Beazley’s executive committee at the same time.Greenwood joined Beazley...
Apr 16 2020 // Hiscox’s core policy wordings do not provide cover for business interruption as a result of the general lockdown measures taken by the UK government in response to the coronavirus pandemic, said the company in a...
Apr 15 2020 // QBE Insurance is planning to raise about US$825 million in capital as a result of the economic and investment market uncertainty created by the coronavirus crisis.The company will raise approximately $750 million of equity...
Apr 15 2020 // Litigation surrounding coronavirus responses is already underway and businesses are warning that the fear of more lawsuits could hinder the reboot of the U.S. economy.Returning America to work will require coordination...
Apr 15 2020 // CHICAGO/WINNIPEG, Manitoba — At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10 cents a day to buy masks to protect themselves from the new coronavirus, according to a meat...
Apr 14 2020 // A powerful storm that unleashed deadly tornadoes across the South was expected to shake trees and snap power lines in New York and other cities along the U.S. East Coast.Rainy gusts of up to 60 miles per hour were forecast...
Apr 13 2020 // Goldman Sachs Group Inc. must face a shareholder class action accusing the bank of hiding conflicts of interest, including behind-the-scenes dealings with a prominent hedge fund manager, when creating risky subprime...
Apr 13 2020 // Railroads are clamping down on rising demand from oil companies to store crude in rail cars due to safety concerns, sources said, even as the number of places available to stockpile oil is rapidly dwindling.Oil demand is...
Apr 13 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers.State...
Apr 9 2020 // LONDON — Lockdowns have brought most of the world’s advanced economies to a near standstill as policymakers fight the coronavirus pandemic by banning all but essential movement outside the home.Tens of millions...
Apr 9 2020 // Victor Insurance Holdings, the world’s largest managing general underwriter (MGU), announced the appointment of Matteo Bonfà as country manager, Victor Italia S.r.l., effective immediately.Bonfà is based in Milan...