Latest USA Headlines

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

FACTBOX: Latest News on Coronavirus’ Health, Economic Impact

Mar 9 2020 // The number of people infected with coronavirus topped 110,000 across the world as the outbreak reached more countries and caused more economic damage.* More than 110,000 people have been infected by the coronavirus across...

Workers on Coronavirus Front Lines Fear Protections Are Inadequate

Mar 9 2020 // As coronavirus cases exploded across the world, federal medical workers tasked with screening incoming passengers at U.S. airports grew alarmed: Many were working without the most effective masks to protect them from...

Fitch Sees Only ‘Modest Impact’ on U.S. P/C Insurance from Coronavirus

Mar 9 2020 // The coronavirus (COVID-19) outbreak is not currently anticipated to have a meaningful adverse impact on financial results reported by U.S. property/casualty companies, nor their ratings, according to Fitch Ratings.The...

Homeowners’ Satisfaction

Mar 9 2020 // U.S. homeowner insurers are doing a better job than ever making their customers happy when responding to claims, according to J.D. Power. Results of the firm’s Property Claims Satisfaction Study show that overall...

Business Moves

Mar 9 2020 // ProAssurance, NORCALHealthcare liability insurer ProAssurance Corp. has agreed to acquire medical professional liability insurer NORCAL Mutual Insurance Co. following NORCAL’s demutualization in a $450 million...

Declarations

Mar 9 2020 // “This bill is not about getting high. This bill is about getting well.” — Dr. Alan Shackelford, a Colorado doctor who described the success of using medical marijuana on people with seizures and cancer at...

Board Finalizes Rule Scaling Back Joint Employer Liability for Franchisees, Contractors

Mar 9 2020 // A U.S. labor board finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees and contractors, reversing a more worker-friendly Obama-era standard criticized by...

Coronavirus Wreaks Havoc on Global Businesses as Infections Pass 100,000

Mar 6 2020 // The number of people infected with the new coronavirus surpassed 100,000 across the world on Friday, as the outbreak reached more countries and economic damage intensified, with business districts beginning to empty and...

Sompo GRS Launches Replacement Value Protection Coverage for Real Estate Firms

Mar 6 2020 // Sompo Global Risk Solutions (GRS), a subsidiary of Sompo International Holdings Ltd., has entered into a partnership with independent risk management and insurance consulting firm Fisher Harris Shapiro, Inc. (FHS) to offer...

One U.S. State May Look at Insurers’ Fossil Fuel Investments and Underwriting to Combat Climate Change

Mar 5 2020 // A Connecticut lawmaker has plans for a bill that not only calls for the state to look at which insurers have fossil fuel investments – a growing trend among government entities as of late – but also which ones are...

Lawsuits Against Businesses Over Coronavirus Have Begun. More to Come?

Mar 4 2020 // The coronavirus has upended markets, disrupted supply chains and forced quarantines. It’s all fertile ground for lawsuits.Hospitals, restaurants, day care centers, nursing homes and hotels may face claims that they...

Lloyd’s Promotes Miesowitz to Succeed Retiring Gunset as U.S. General Counsel

Mar 4 2020 // Lloyd’s of London has promoted Sabrina Miesowitz to U.S. general counsel to succeed Joe Gunset who is retiring from the role after almost 20 years at Lloyd’s. Miesowitz, who was formerly the deputy U.S. general...

Fitch Sees Only ‘Modest Impact’ on U.S. P/C Insurance from Coronavirus

Mar 3 2020 // The coronavirus (COVID-19) outbreak is not currently anticipated to have a meaningful adverse impact on financial results reported by U.S. property/casualty companies, nor their ratings, according to Fitch Ratings.The...

Homes in Flood Plains May Be Overvalued by $34 Billion

Mar 3 2020 // At least 3.8 million U.S. homes lie in flood plains. Together, they may be overvalued by $34 billion.New research published Monday in a National Bureau of Economic Research working paper shows that markets fail to...

UK Financial Services Could Fare Less Well in U.S. Trade Deal than Energy, Cars

Mar 3 2020 // Britain’s financial services industry could fare less well than energy, autos and other sectors under a free trade deal with the United States, the government said on Monday.Britain said in its negotiating mandate...

Update: Swiss Re Plans to Make UBS CEO Ermotti Its Chairman in 2021

Mar 3 2020 // Swiss Re plans to make UBS Group Chief Executive Sergio Ermotti its chairman from next year, the world’s second-biggest reinsurer said on Tuesday, turning to a financial industry veteran with scant insurance...

America’s Farmers Brace for Another Season of Costly River Flooding

Mar 3 2020 // For the second year in a row, much of the U.S. is primed to suffer multi-billion dollar flood losses, with farmers already steeling themselves for planting delays.Relentless storms that have marched across the Midwest and...

Wisconsin Bar Owner Found Guilty of Arson, Insurance Fraud

Mar 2 2020 // A bar owner in Waukesha, Wisconsin, has been found guilty of intentionally setting fire to his business, as well as several felony offenses related to the arson.According to U.S. Attorney Matthew D. Krueger with the U.S....

Supreme Court Ruling on Fate of Obamacare Likely After November Election

Mar 2 2020 // The U.S. Supreme Court on Monday agreed to hear a politically explosive case on whether Obamacare is lawful, taking up a bid by 20 Democratic-led states including New York and California to save the landmark healthcare...

U.S. Probes Batch of Faulty Coronavirus Test Kits

Mar 2 2020 // The U.S. Department of Health and Human Services confirmed on Sunday that it is investigating a manufacturing defect in some initial coronavirus test kits that prompted some states to seek emergency approval to use their...