All the headlines from our USA Topic Page, ordered by recency.
Jan 10 2018 // Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia from German insurance group ERGO Group AG, the Munich Re subsidiary.The acquisition will...
Jan 10 2018 // The judge overseeing U.S. cities’ and counties’ lawsuits against makers of opioid painkillers said he hopes a sweeping resolution can be worked out by the end of the year that will have a “meaningful...
Jan 10 2018 // Ratings firm A.M. Best said it is maintaining its 2018 outlook for the U.S. property/casualty reinsurance sector at negative, citing the “pronounced pressure on U.S. property catastrophe rates as the alternative...
Jan 9 2018 // Specialty insurer Hiscox has appointed Eric Micheals as its chief underwriting officer in the U.S.Micheals replaces Nicole Goodwin, who is retiring. Micheals is based in New York and reports to Ben Walter, chief executive...
Jan 9 2018 // Parametric insurance can play a significant role in closing the insurance protection gap – a problem that plagues economies in both the developing and developed world, according to a report published by Clyde &...
Jan 9 2018 // The Castillo de San Marcos withstood two sieges in 330 years and changed hands five times, but its latest invader – the rising Atlantic Ocean – threatens to erode the historic St. Augustine fortress. The coquina shell...
Jan 8 2018 // Starbucks Corp. has won the dismissal of a U.S. lawsuit accusing the coffee chain of overcharging customers by underfilling lattes and mochas to reduce milk costs.U.S. District Judge Yvonne Gonzalez Rogers on Friday found...
Jan 8 2018 // Takata Corp., the parts supplier that filed for bankruptcy after sparking the largest auto recall in history, called back 3.3 million airbags as part of a U.S. order that scheduled repairs of the potentially deadly devices...
Jan 8 2018 // Catastrophic losses this year due to extreme weather events have led to a growing interest in parametric insurance in the U.S., according to industry experts.Parametric coverage is also gaining traction as hazard modeling...
Jan 8 2018 // From Hollywood mogul Harvey Weinstein to famed television journalist Matt Lauer, to thousands of others speaking out through the social media movement #MeToo, sexual harassment allegations from individuals who claim to...
Jan 8 2018 // Cook Maran & Associates, McDermott & Thomas AssociatesCook Maran & Associates has acquired McDermott & Thomas Associates LLC (M&T). Cook Maran is a New York and New Jersey insurance broker, and the New...
Jan 8 2018 // S.S. Nesbitt & Co. Inc. (SSN), a Southeastern insurance agency and division of EBSCO Industries, Inc. (EBSCO), has appointed Mike Roman as vice president of its property and casualty sales. Roman is joining senior vice...
Jan 8 2018 // Hartford InsurTech Hub, an initiative established in 2017 by Hartford, Conn.-based insurance companies, the city of Hartford and CTNext, has selected the 2018 group of 11 startups that will participate in its inaugural...
Jan 8 2018 // Encino, Calif.-based Answer Financial has named Kevin Smith director of business development.Smith will report to Tom Capp, senior vice president of business development. Smith has more than 25 years of experience within...
Jan 8 2018 // In early 2016, Zurich North America teamed up with William Rainey Harper College in Palatine, Ill., to offer an apprenticeship in insurance program and now its first group of employee-students have graduated with a job at...
Jan 5 2018 // The Federal Emergency Management Agency (FEMA) announced that private nonprofit houses of worship are now eligible for disaster assistance as community centers, without regard to their secular or religious nature.The...
Jan 5 2018 // The fast-moving snow storm that pummeled the U.S. Northeast, grounding flights, knocking out power to thousands and causing coastal flooding, gave way to a brutal cold on Friday with dozens of cities expected to break...
Jan 5 2018 // A federal appeals court has declared unconstitutional Idaho’s bans on shooting secret videos and lying to enter factory farms to expose animal abuse, but revived other parts of the state’s law to curb...
Jan 5 2018 // The insured property market loss for Extratropical Cyclone Xavier, which affected Germany on Oct. 5, 2017, has risen to €325 million (US$391.5 million)., according to data released by PERILS, the independent Zurich-based...
Jan 4 2018 // “According to CoreLogic, a leading source for flood and disaster risk data, approximately 70 percent of the flood damage from Hurricane Harvey was uninsured….” states Clearsurance in their recently...