All the headlines from our USA Topic Page, ordered by recency.
Mar 13 2020 // Dubai, United Arab Emirates-based International General Insurance Holdings said that its Bermuda subsidiary, International General Insurance Co., has been granted provisional approval to begin writing U.S. excess and...
Mar 13 2020 // A barber in Beijing is supporting his wife and child by charging food and other expenses to a credit card while he waits for his employer’s shop to reopen. A waiter at a barbecue restaurant in Kansas City, Missouri,...
Mar 13 2020 // Despite a sharp decline in M&A activity in 2019 and continuing economic uncertainty, more than half of the property/casualty insurance executives surveyed by Deloitte still expect to complete an M&A transaction in...
Mar 13 2020 // Italy’s biggest insurer, Generali, on Friday joined a growing number of companies that have rushed to provide funds to hospitals and non-profit organizations to fight the coronavirus crisis.Italy has been hardest hit...
Mar 13 2020 // As U.S. employers ask employees to work from home to avoid exposure to coronavirus, they may be exposing themselves to another kind of risk: Cyberattacks.Aon recently issued an advisory cautioning employers to take steps...
Mar 12 2020 // As U.S. President Donald Trump touted the signing of a U.S.-China trade deal in January, he told cash-strapped farmers they would soon need bigger tractors and “a little more land” to meet additional Chinese...
Mar 12 2020 // London-based EC3 Brokers has launched a U.S. property wholesale division based in London, with the appointments of Matthew Jeffery as managing director and David and Daniel Jeffery as divisional directors. The brothers,...
Mar 11 2020 // The following excerpt is from the new report, “A Warning from Tomorrow,” on U.S. cybersecurity strategy by the Cyberspace Solarium Commission. The report contains about 75 recommendations on what the country...
Mar 11 2020 // A major government report on cybersecurity that warns the nation is seriously underprepared for cyber attacks calls for the creation of a federally-funded center to develop cybersecurity insurance certifications and a...
Mar 11 2020 // Pacific Gas & Electric told a federal bankruptcy judge that it has settled a dispute with disaster-relief agencies that threatened to siphon money away from a $13.5 billion fund earmarked for victims of catastrophic...
Mar 11 2020 // Millennium Physicians Association PLLC has paid the United States $1,248,964 to resolve claims that they improperly billed the Medicare program for sleep studies, the U.S. Attorney’s Office for the Southern District...
Mar 11 2020 // A U.S. jury in California on Monday awarded the drivers of four Volkswagen AG vehicles a total of $100,000 as punitive damages for being sold diesel vehicles that emitted excess pollution, although the amount awarded was a...
Mar 11 2020 // Margaret Bordelon can still feel the hands of the drunk man who tried to pull her in for a kiss at the end of his Uber ride last September in Lafayette, Louisiana.An Uber driver for only a few months, Bordelon, 45, finally...
Mar 10 2020 // Net underwriting income for the U.S. property/casualty insurance industry in 2019 grew by $4.9 million from 2018, A.M. Best said in a new report.Underwriting income hit $4.1 billion in 2019, from a loss of $800 million in...
Mar 10 2020 // State Farm is getting out of the banking business.The property/casualty insurer said it has formed a strategic alliance with U.S. Bank, allowing it to assume State Farm Bank’s existing deposit and credit card...
Mar 10 2020 // British insurance broker Aon Plc has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it when it acquired the company four years ago in a 1.35 billion reais ($300 million) deal,...
Mar 9 2020 // The Federal Trade Commission and U.S. Food and Drug Administration (FDA) have warned seven companies for allegedly selling unapproved products that may violate federal law by making deceptive or scientifically unsupported...
Mar 9 2020 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, disclosed its fourth and final loss estimate of €782 million (US$882.9 million) for Europe’s Extratropical...
Mar 9 2020 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited CLF Construction Inc. and Toll Brothers Inc. for exposing employees to fall hazards after a CLF employee suffered fatal...
Mar 9 2020 // Insurers expect to make payments to customers hit by the recent Storms Ciara and Dennis of over £363 million (US$ 473.7 million), according to initial estimates from the Association of British Insurers (ABI).Initial ABI...