Latest USA Headlines

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

Chicago Insurance Exec Accused of $13.5M Fraud

Jul 24 2018 // A Chicago-based vice president of an insurance underwriting group fraudulently obtained more than $13.5 million from a corporate client by fraudulently issuing and collecting premium payments on “matching...

M&A Deals Likely to Become More Challenging as Sellers Seek High Deal Values

Jul 24 2018 // The current operating environment continues to prompt mergers & acquisitions (M&A) among insurers and reinsurers. However, the number of potential M&A candidates has declined and sellers’ expectations of...

National Security Agency Chief Forms Task Force to Counter Russian Cyber Threats

Jul 24 2018 // Paul Nakasone, U.S. cyber commander and director of the National Security Agency, confirmed that he’s created a special task force to address Russian threats in cyberspace.Russia has “great capabilities on...

The Legal Engine Driving More Than 800 Lawsuits Against Opioid Makers

Jul 24 2018 // The place might sound familiar, even if you’ve never been there: the Appalachian foothills, down by the Ohio River, where the sirens scream addiction and death.Twenty-six overdoses in one afternoon. The highest death...

CRU GROUP Welcomes New USA, Senior Business Development Leader

Jul 24 2018 // Toronto, Ontario Canada, July 24, 2018 – Kyle Winston, President and CEO of CRU GROUP, today announced the hiring of Laura Pastore as the new Vice President U.S. Business Development for Catastrophe Response Unit...

U.S. Flood Models Still in Infancy, So Underwriters Must Be ‘Cautious Consumers’

Jul 24 2018 // The market for privately written inland flood insurance in the United States is growing rapidly, but flood modeling is still in its infancy. As a result, underwriters need to be aware of the differences that exist among...

Inspector Last Year Reported Sunken Missouri Duck Boat Had Design Flaws

Jul 23 2018 // A private inspector said Saturday that he warned the company operating duck boats on a Missouri lake about design flaws putting the watercraft at greater risk of sinking, less than a year before the accident that killed 17...

What’s New in Today’s Construction Insurance Market

Jul 23 2018 // Brokers who specialize in the construction industry love their clients and are very committed to keeping up with their needs. Ask them, “So what’s new?” and the conversations inevitably veer off in...

Bayer to Discontinue Sales of Essure Birth Control Device as U.S. Lawsuits Mount

Jul 23 2018 // The maker of a permanent contraceptive implant subject to thousands of injury reports and repeated safety restrictions by regulators said Friday that it will stop selling the device in the U.S., the only country where it...

Texas Stamping Office: National E&S Insurance Premium Up 9.4% at Mid-Year

Jul 23 2018 // Excess and surplus lines (E&S) insurance premium recorded by the 15 managing service offices in the United States increased 9.4 percent as of the 2018 mid-year point, the Surplus Lines Stamping Office of Texas (SLTX)...

Court Allows Trial in Children’s Lawsuit Against U.S. Over Climate Change

Jul 23 2018 // A federal appeals court in San Francisco on Friday rejected the Trump administration’s renewed bid to dismiss a lawsuit by young activists who say the U.S. government is ignoring the perils of climate change.By a 3-0...

UK Government Officials Identify Security Risks with Huawei’s Telecom Equipment

Jul 20 2018 // Technical and supply-chain issues with equipment made by Chinese firm Huawei have exposed Britain’s telecom networks to new security risks, a government report said on Thursday.The assessment, made in a report signed...

Lyft Will Beef Up Background Checks Following California Driver Arrest

Jul 20 2018 // Ridesharing company Lyft said Wednesday that it’s beefing up its background checks after a driver arrested for rape was found to be in the United States illegally.The company’s “enhanced detection...

New York’s Global Warming Suit Against Oil Companies Tossed

Jul 20 2018 // A U.S. judge threw out New York’s lawsuit seeking to hold five of the world’s biggest oil companies financially responsible for contributing to climate change.U.S. District Judge John Keenan dismissed the...

U.S. Energy Regulator Pushes for Disclosure of Cyber Attacks on Electric Grid

Jul 20 2018 // The U.S. government on Thursday asked power generators to disclose more information about cyber attacks amid growing concern that foreign hackers could disrupt the electric grid.The Federal Energy Regulatory Commission...

Climate Change Is Beginning to Shift Planet’s Seasons: Scientists

Jul 20 2018 // Poring over four decades of satellite data, climate scientists have concluded for the first time that humans are pushing seasonal temperatures out of balance—shifting what one researcher called the very “march of...

California Suspect in Serial Rapes Was a Lyft Driver

Jul 19 2018 // Ridesharing company Lyft said this week that it’s investigating how a former driver now charged in a series of rapes passed a background check even though federal immigration officials say the suspect was living in...

Safety Agency Faulted for Delayed Action on Auto, Airbag Recalls

Jul 19 2018 // A government audit released on Wednesday faulted the National Highway Traffic Safety Administration’s oversight of auto safety recalls and said its “delayed action” may have delayed the expansion of a...

Auto Insurers Warn Tariffs on Auto Parts Could Raise Insurance Costs

Jul 19 2018 // A threat by the U.S. government to impose tariffs of up to 25 percent on imported auto parts could hit consumers in unexpected ways: higher repair costs, insurance premiums and even the theft of more cars for their parts,...

Uber Said to be Facing Probe into Alleged Gender Discrimination

Jul 18 2018 // Uber is facing a U.S. government investigation into allegations that the ride-hailing service set up a pay structure that discriminated against its female workers.The U.S. Equal Employment Opportunity Commission opened the...