Latest USA Headlines

All the headlines from our USA Topic Page, ordered by recency.

PartnerRe’s Parent EXOR Vows to Go Ahead with Deals Despite Pandemic

Apr 9 2020 // The boss of EXOR showed confidence on Wednesday in the success of three transformative deals set to reshape its multi-billion portfolio of corporate holdings, despite being caught at mid-air by the coronavirus crisis.In a...

‘Uncertainty Is the Only Certainty’ When it Comes to Pandemic Modeling

Apr 8 2020 // A statistical model cited by the White House generated a slightly less grim figure Monday for a first wave of deaths from the coronavirus pandemic in the U.S. – a projection designed to help officials plan for the...

Failure to Act on Climate Change Could Make Weather Risks Uninsurable: Swiss Re

Apr 8 2020 // Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty in the assessment of these events by the insurance industry, which could make some weather...

BMS Appoints Broadnax to U.S. Property Facultative Team in Atlanta

Apr 8 2020 // BMS Group (BMS), the independent specialist (re)insurance broker, has appointed Larry Broadnax as senior vice president, Property Facultative Leader, effective April 15. He will be based in Atlanta and report to Pete...

How U.S. Insurance Industry Deals Fared in February

Apr 7 2020 // Financial deals in the U.S. insurance industry dropped off 8% during February 2020 compared with the last 12-month average.According to GlobalData’s deals database, a total of 46 deals worth $3.27 billion were...

Passenger Sues United Airlines Over Refusal to Refund Airfare Despite U.S. Order

Apr 7 2020 // United Airlines Holdings Inc. was sued by a passenger for refusing to issue refunds for canceled flights, three days after U.S. regulators ordered airlines to reimburse customers.The passenger, Jacob Rudolph, filed the...

Investors Allege Securities Violations by Cryptocurrency Issuers, Exchanges

Apr 7 2020 // Investors have brought class action lawsuits in federal court against seven cryptocurrency issuers and four exchanges, claiming they sold billions of dollars in unregistered assets in violation of U.S. securities laws.The...

Firefighters Work to Contain North Carolina Wildfires

Apr 6 2020 // Firefighters kept working on Saturday to slow the spread of western North Carolina wildfires that have spread due to high winds, the U.S. Forest Service said.A fire that began on private property Friday in Haywood County...

Federal-State Pandemic Training Focused on Flu, Not New Virus

Apr 6 2020 // In August, months before the first case of the new coronavirus was documented, some of Colorado’s top health officials gathered in a room at the state Department of Public Health and Environment to train for a...

People & Places

Apr 6 2020 // Mark Friedlander and Kris Maccini have been appointed to senior communications positions at the Insurance Information Institute (III) to broaden the organization’s traditional and social media operations.As...

D&O Insurers Brace For Coronavirus ‘Event Driven’ Litigation

Apr 6 2020 // What may be the first U.S. securities lawsuits alleging misdeeds related to coronavirus were filed in late March — one against a cruise line and another against a pharmaceutical company that claimed to have developed...

Cyber Insurance Sales to U.S. Businesses Picking Up: Marsh

Apr 6 2020 // The share of businesses buying cyber insurance continued to increase in 2019, driven by growing recognition of cyber threats as a critical business risk, says a new report.Marsh’s 2019 Cyber Insurance Purchasing...

Lloyd’s Returns to Profit; ‘Strong Position’ to Respond to COVID-19

Apr 6 2020 // While announcing a return to profit of £2.5 billion (US$3 billion) for 2019, Lloyd’s also affirmed that the market is in a strong position to respond to the impacts of COVID-19.Lloyd’s return to profit was the...

Declarations

Apr 6 2020 // “Insurers must cover delivery services for restaurants on personal auto insurance policies and must offer coverage for hired drivers and non-owned automobiles as a rider on a restaurant’s general liability...

New Jersey Manufacturer Cited for Safety Lapse After Employee Amputation

Apr 3 2020 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited BWay Corp., doing business as Mauser Packaging Solutions, for workplace safety and health hazards after an employee...

A Coronavirus Outbreak Among Farm Workers Would Be Catastrophic: Viewpoint

Apr 3 2020 // There is no evidence that Covid-19 has been transmitted by food or food packaging, according to U.S. federal health agencies. How the virus fares among food workers may be a different story.By law, food manufacturers must...

Gig Workers Seeking Coronavirus Unemployment Insurance Frustrated

Apr 3 2020 // Uber and Lyft drivers are hitting a wall in their efforts to apply for the coronavirus jobless benefits promised by Congress as state agencies say they are not ready to handle a class of workers who are totally new to the...

Health-Care Providers See Surge in Ransomware Attacks in Europe, U.S.

Apr 3 2020 // When hackers broke into computers at Hammersmith Medicines Research, a London-based company that carries out clinical trials for new medicines, it was a nightmare scenario for managing director Malcolm Boyce.The...

Demotech Reveals Florida Insurer Ratings, Says Market ‘Most Difficult’ in U.S.

Apr 3 2020 // The long-awaited Demotech rating decisions for Florida domestic carriers are in, with many carriers having satisfied necessary steps to avoid ratings downgrades by the financial analysis firm.After affirming a slew of...

Reuters: Banks Cite Liability Risks, May Not Participate in Coronavirus Lending Plan

Apr 2 2020 // Thousands of U.S. banks, including some of the country’s largest lenders, have said they may not participate in the federal government’s small-business rescue program due to concerns about taking on too much...