Latest USA Headlines

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

What They Are Saying About Effects of Trump Tax Cuts on Insurance Industry

Dec 22 2017 // Congress has passed and President Donald Trump has signed the Tax Cuts and Jobs Act (HR1) into law. It is the biggest tax change in 30 years.Under the legislation, insurers, agencies and other businesses organized as C...

EU Ruling Upholding Taxi Rules for Uber a Contrast to U.S. Approach

Dec 22 2017 // A European Union decision to treat Uber Technologies Inc. like a taxi company spotlights a trans-Atlantic divide over how governments cope with disruptive technologies and could embolden U.S. cities to restrict the...

Trump Effort to Roll Back Rail Safety Rules Questioned Following Amtrak Crash

Dec 22 2017 // As investigators sift through the wreckage of this week’s Amtrak train crash in Washington state, critics have begun questioning President Donald Trump’s recent efforts to roll back or delay finalizing U.S....

Tracking System Could Speed OK for Drone Deliveries in U.S.

Dec 21 2017 // Deliveries by drones took a step closer to being allowed in the U.S. after a federal advisory panel agreed on a framework for allowing law enforcement to routinely track the small devices.The committee’s report to...

Company Co-Owner Pleads Guilty in Louisiana’s Camp Minden Explosion Case

Dec 20 2017 // One of the owners of a company that abandoned thousands of tons of potentially explosive artillery propellant in Louisiana has admitted lying in order to be awarded federal contracts to “demilitarize” the...

Factbox: Growing List of Insurers Make Brexit Plans for EU Subsidiaries

Dec 20 2017 // Below are insurers’ plans for EU subsidiaries (in alphabetical order) in case Britain does not have access to the single market after Brexit:ADMIRAL. British motor insurer Admiral Group said last year that it could...

U.S. Says North Korea to Blame for ‘WannaCry’ Cyber Attack

Dec 20 2017 // The Trump administration has publicly blamed North Korea for unleashing the so-called WannaCry cyber attack that crippled hospitals, banks and other companies across the globe earlier this year.“The attack was...

Prime Authorized to Write Surplus Lines in New York State

Dec 19 2017 // Salt Lake City, UT, Chicago, IL, December 19, 2017- Prime Holdings Insurance Services, Inc. (“Prime Holdings”) announced that its subsidiary, Prime Insurance Company (“Prime”), recently received...

U.S. Adds 7 Nuclear Sites to ‘No-Drone Zone’ List of Military Bases, Landmarks

Dec 19 2017 // The Federal Aviation Administration said Monday it will bar drone flights over seven major U.S. nuclear sites, including Los Alamos National Laboratory in New Mexico.The move is the latest in a series of growing...

Texas’ Use of Federal Harvey Funds Clouded by Lack of Transparency

Dec 18 2017 // Texas has been awarded billions in federal aid to help recover from Hurricane Harvey and the devastating flooding that followed, but it’s unclear how the state is spending its share of the money.State records...

Navigators to Buy Belgian Specialty Insurer, Reinsurer

Dec 18 2017 // U.S.-based global specialty insurer The Navigators Group has agreed to purchase all of the shares of Assurances Continentales – Continentale Verzekeringen NV (ASCO) and Bracht, Deckers & Mackelbert NV (BDM),...

CVS-Aetna Merger Will Influence Employers’ Benefits Decisions: Aon

Dec 18 2017 // CVS Corp.’s proposed purchase of Aetna Inc. will affect decision-making by a majority of large and mid-size U.S. corporations on employee health benefits, a survey by benefits consultant Aon Plc found.CVS, the...

Insurance Industry Week of Giving Set Records in Midst of Catastrophes

Dec 18 2017 // Hundreds of volunteers from the insurance industry descended on the National Veterans cemeteries in October in Houston and Dallas-Fort Worth to assist with maintenance and cleanup.Volunteers in Chicago from several...

The Road to a Rebound After 2017 Storms, Wildfires: Fitch

Dec 18 2017 // U.S. property/casualty insurers will rebound in 2018 from the late-2017 onslaught of hurricanes and wildfires, but it will take a while to return to “significant underwriting profits,” Fitch Ratings predicted...

Business Moves

Dec 18 2017 // USI, Wells FargoUSI Insurance Services announced the closing on its acquisition of Wells Fargo Insurance Services USA, formerly part of Wells Fargo & Co. This purchase includes the commercial insurance brokerage and...

Destruction of Expensive Toys Leads to Guilty Plea in Insurance Fraud Scheme

Dec 18 2017 // A Texas pilot in early December pleaded guilty to federal wire fraud and arson charges, associated with, among other things, intentionally crashing a plane in the Gulf of Mexico and destroying other expensive planes,...

Brightway Insurance Continues U.S. Expansion with First New Jersey Store

Dec 15 2017 // Brightway Insurance is continuing its expansion across the U.S. with the opening of its first store in New Jersey.Brothers Michael, Robert and Ray Norton will open Brightway, The Norton Agency in Blackwood, N.J., on...

Drone Easily Pierced New York ‘No-Fly’ Zone, Exposing Risk

Dec 15 2017 // A recreational drone operator whose device smashed into a U.S. Army helicopter in September flew undetected into a no-fly zone over New York set up to protect President Donald Trump and the United Nations.The National...

Nation-State Believed Responsible for ‘Watershed’ Cyber Attack on Industrial Plant

Dec 15 2017 // Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack that halted plant operations, according to cyber investigators and the firm whose...

La Nina Expected to Linger All Winter

Dec 15 2017 // Looks like a potentially market-roiling La Nina will last through the new year, threatening to bring a colder, snowier winter to the northern U.S., drought to Latin America’s soybean-growing regions and rain to...