All the headlines from our USA Topic Page, ordered by recency.
Jan 4 2018 // Specialty insurer Beazley has appointed John Moy as U.S. marine insurance underwriter within its newly- launched U.S. marine platform.Moy will be responsible for underwriting and building the company’s U.S. hull,...
Jan 4 2018 // The insurance industry will pay record claims of US$135 billion from last year’s spate of natural catastrophes, according to a report published by Munich Re.Further, Hurricanes Harvey, Irma and Maria (HIM), the...
Jan 4 2018 // The judge overseeing the bankruptcy of Takata Corp.’s U.S. unit on Wednesday cleared the way for the company’s creditors to vote on its Chapter 11 plan, which critics say limits the legal rights of those...
Jan 4 2018 // Ant Financial may have to re-tool its global ambitions after stiff U.S. opposition scuppered what would have been its largest overseas acquisition.The Chinese financial services giant controlled by Alibaba co-founder Jack...
Jan 4 2018 // Genworth Financial Inc. said on Wednesday it was pressing forward on its deal to be acquired by China’s Oceanwide Holdings Co. Ltd, which has stalled over concerns about Chinese access to sensitive U.S. personal data...
Jan 4 2018 // Specialist lines underwriting agency CFC Underwriting has added to its life sciences suite of products with a new insurance product designed specifically for nutraceutical businesses in the U.S.Coverages include products...
Jan 3 2018 // The Federal Emergency Management Agency (FEMA) supported 59 major disaster declarations and 16 emergency declarations in 2017, a year during which unprecedented disasters affected more than 25 million Americans, almost...
Jan 3 2018 // Ant Financial’s plan to acquire U.S. money transfer company MoneyGram International Inc. collapsed on Tuesday after a U.S. government panel rejected it over national security concerns, the most high-profile Chinese...
Jan 3 2018 // U.S. Transportation Secretary Elaine Chao urged the nation’s railroads and transit agencies to take all possible measures to meet deadlines to install a safety system called positive train control (PTC) to prevent...
Jan 2 2018 // A federal jury has found an Edina, Minnesota, chiropractor and his recruiters guilty of insurance fraud conspiracy, the Minnesota Department of Commerce announced in late December 2017.According to Acting United States...
Jan 2 2018 // Pioneer Underwriters has added Zach McAbee as head of ocean marine.McAbee is based in Seattle, Wash. and reports to Gene Hinman, chief executive officer of Pioneer’s U.S. operation. The new division under McAbee will...
Jan 2 2018 // General Motors Co. on Dec. 28 won a court ruling that could reduce the private litigation it faces over flawed vehicle ignition switches, which have been linked to 124 deaths and triggered a big recall.U.S. District Judge...
Dec 29 2017 // QBE Insurance Group Ltd. has agreed to pay A$132.5 million (US$103.2 million) to settle a shareholder class action in Australia.The class action was commenced by Money Max Interest Pty Ltd on Sept. 9, 2015 in the Federal...
Dec 29 2017 // In the year that President Donald Trump pulled out of the Paris accord and downplayed global warming as a security threat, the U.S. received a harsh reminder of the perils of the rise in the planet’s temperature: a...
Dec 29 2017 // The U.S. Interior Department on Thursday proposed eliminating some safety regulations for offshore oil and gas drilling that the Obama administration put in place after BP’s massive Gulf of Mexico oil spill, a move...
Dec 29 2017 // It wouldn’t feel right to close out the year without looking back at the most popular stories on Insurance Journal during the past 12 months. Here are the national stories that attracted the most readers in 2017,...
Dec 28 2017 // A lawsuit by a woman claiming she was deceived about the amount of sugar in an exercise supplement called Sport Beans tops the list of what a top U.S. business lobby sees as the “most ridiculous” lawsuits of...
Dec 27 2017 // A U.S. judge on Friday overturned a $150 million verdict against AbbVie Inc. that was the first to result from lawsuits claiming that the company fraudulently misrepresented the risks of its testosterone replacement drug...
Dec 27 2017 // The U.S. Environmental Protection Agency has said that glyphosate, the key ingredient in Monsanto Co.’s top-selling weed killer Roundup, is not likely to be carcinogenic to humans, contradicting a World Health...
Dec 22 2017 // Matthew Sather has joined the U.S. Programs, Property & Casualty team of AXIS Insurance business unit as a vice president of Underwriting. Sather is based in the company’s Chicago office and reports to John...