Latest USA Headlines

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

Audi Recalls 1.16 Million Vehicles Worldwide

Apr 25 2018 // Volkswagen AG’s luxury unit Audi said on Tuesday that it is recalling 1.16 million vehicles worldwide because of concerns that an electric coolant pump could overheat or short-circuit from moisture within the pump...

Supreme Court Denies Human Rights Claims Against Foreign Bank

Apr 25 2018 // The U.S. Supreme Court on Tuesday ruled that foreign corporations cannot be sued in American courts for human rights abuses overseas, refusing to revive a lawsuit claiming Jordan-based Arab Bank Plc helped finance militant...

Supreme Court Upholds Patent Review Process Favored by High-Tech

Apr 25 2018 // The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat “patent trolls” and others that bring patent...

Monkey Loses Court Fight Over Selfie Copyright to Human

Apr 25 2018 // A U.S. appeals court this week favored humans over animals in a novel copyright lawsuit filed over a series of entertaining selfies taken by a monkey with a toothy grin.U.S. copyright law does not allow lawsuits that seek...

Insurers Fear U.S. Economic Slowdown, Inflation: Goldman Sachs

Apr 25 2018 // Goldman Sachs Group Inc.’s asset-management unit, which oversees $250 billion for insurers, said an economic slowdown in the U.S. is the biggest investment risk for the industry for the first time since the financial...

Travelers Boosts Q1 Profit; Talks Central Underwriting, Potential with Nationwide Agents

Apr 24 2018 // The Travelers Companies boosted its net income for the quarter ended March 31, 2018, by 10 percent to $669 million compared to $617 million in the prior year quarter despite unusually high catastrophe losses in...

Report from Sustainability Advocate Shows U.S. Insurers Lag Peers

Apr 24 2018 // While a small group of insurance companies is taking meaningful steps to acknowledge and respond to the business risks posed by a new operating reality posed by a changing climate, overall the sector’s performance...

Lance Armstrong, US Government Settle Lawsuit for $5M

Apr 23 2018 // Lance Armstrong reached a $5 million settlement with the federal government in a whistleblower lawsuit that could have sought $100 million in damages from the cyclist who was stripped of his record seven Tour de France...

Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers

Apr 23 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented their ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management...

U.S. Risk Announces U.S. Risk Lawyers Advantage RPG

Apr 23 2018 // Dallas, TX, April 23, 2018—U.S. Risk Underwriters, Inc., a member of U.S. Risk Insurance Group, LLC, the nation’s sixth largest Property and Casualty wholesaler, has launched a new risk purchasing group to...

U.S., Europe Order Emergency Checks on 700 Engines Like One in Southwest Accident

Apr 23 2018 // U.S. and European airline regulators on Friday ordered emergency inspections within 20 days of nearly 700 aircraft engines similar to the one involved in a fatal Southwest Airlines engine blowout last week, citing risks of...

Facebook to Restrict Number of Users Protected Under EU’s New Privacy Law: Reuters

Apr 23 2018 // If a new European law restricting what companies can do with people’s online data went into effect tomorrow, almost 1.9 billion Facebook Inc. users around the world would be protected by it. The online social network...

Wells Fargo to Pay $1 Billion Fine for Mortgage, Insurance Sales Abuses

Apr 23 2018 // Wells Fargo & Co. will pay $1 billion to settle with U.S. regulators who say the bank wrongly layered insurance on hundreds of thousands of drivers and routinely hit homebuyers with excessive fees, officials said on...

Five New York Residents Charged in More Than $31.7M Fraud Scheme

Apr 20 2018 // Five New York residents have been arrested in a staged slip-and-fall accident scheme that attempted to defraud New York City-area businesses and their insurance companies of more than $31.7 million.Peter Kalkanis, Bryan...

Data Breach Victims Get Second Chance Against Barnes & Noble

Apr 20 2018 // A federal appeals court revived a lawsuit seeking to hold Barnes & Noble Inc. responsible for customer losses from a 2012 data breach, where fraudsters tampered with payment verification machines known as PIN pads at...

Supreme Court Appears Divided Over Foreign-Based Patent Damages

Apr 19 2018 // The U.S. Supreme Court on Monday appeared divided over whether to make it easier for companies to recoup profits lost due to the unauthorized use of their patented technology overseas in a dispute involving Schlumberger...

Ohioans Charged with Defrauding Insurer of More than $300K

Apr 18 2018 // Three people in Ohio have been charged with insurance fraud totaling more than $330,000, according to the U.S. Attorney’s Office for the Northern District of OhioKifiyun Daniels of Akron, and Jessie Banks of...

Reinsurance Capacity Remains Abundant for Mid-Year Renewals: Aon Benfield

Apr 18 2018 // Global reinsurer capital continued to rise in 2017, despite the US$136 billion in insured losses from natural catastrophes last year, according to a reinsurance market report published by Aon Benfield.Indeed, capital...

Regulators Had Concerns About Engine Type That Blew in Southwest Plane

Apr 18 2018 // European regulators this month began requiring an inspection by early next year of the type of engine that blew apart on a fatal Southwest Airlines flight on Tuesday, and a source said U.S. regulators were near a similar...

Southwest Fatality First for a U.S. Airline in 9 Years

Apr 17 2018 // One passenger was killed when an engine blew out on a Southwest Airlines Co. jetliner carrying 149 people, marking the first fatality on a U.S.-registered airline in more than nine years.The plane, bound for Dallas from...