Latest USA Headlines

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

Automakers Want Regulatory Road Cleared for Self-Driving Vehicles

Feb 14 2017 // General Motors Co. and Toyota Motor Corp. officials will tell a U.S. House panel on Tuesday that automakers need changes to automotive safety rules to allow the deployment of self-driving cars on American...

Ironshore Forms Oil & Gas Facility for Middle Market Energy Sector

Feb 14 2017 // Ironshore Specialty Casualty has formed Ironshore Energy Solutions, a dedicated oil & gas facility, offering liability coverages for on-shore middle market energy classes in the United States. Ironshore Insurance...

Palomar Specialty Launches Residential Flood Program in California

Feb 14 2017 // Palomar Specialty Insurance Co. has launched Flood Guard, a private flood program in California that uses an advanced and granular proprietary rating system. Palomar used catastrophe modeling firm AIR Worldwide’s...

Obamacare Foe, Former Surgeon Price Sworn In as Health Secretary

Feb 13 2017 // Tom Price was sworn in as U.S. secretary of health on Friday, putting in place a determined opponent of Obamacare to help President Donald Trump dismantle his predecessor’s law and reshape the nation’s...

Markel Closed 2016 with Improved Investment Gains and Higher Cat Losses

Feb 10 2017 // Markel Corp. ended 2016 with a drop in net income and increase in the combined ratio, with Hurricane Matthew and the Canadian wildfires to blame for higher catastrophe losses. At the same time, the insurer experienced...

Undoing U.S. Financial Regulations Could Bar U.S. Firms from EU

Feb 10 2017 // Some U.S. financial institutions could be locked out of the European market if Donald Trump’s administration repeals global rules imposed in the wake of the financial crisis, a top EU official said on Friday.Valdis...

Nat Cats Cost Insurers $39.5B in 2016, Highest Level in 4 Years: Willis Re

Feb 10 2017 // Insured loss estimates from major natural catastrophes totaled US$39.5 billion during 2016, which is the highest level since 2012 when market losses totaled US$60 billion, according to a report published by Willis Re, the...

Health Insurers Weigh Next Moves After Striking Out on Mergers

Feb 10 2017 // After 18 months of courtship and court cases, two massive deals that would have reshaped the U.S. health insurance industry have both been declared dead, blocked by judges who said they’d do unacceptable harm to...

U.S. and New York Accuse Firm of Scamming 9/11 Heroes, NFL Retirees

Feb 9 2017 // A company that advances money to people awaiting settlement payouts was accused by New York and federal regulators of scamming sick responders to the Sept. 11, 2001 attacks, as well as National Football League retirees...

Severe U.S. Weather During January Cost Insurers More Than $1B: Aon

Feb 9 2017 // Major weather and flood events in the U.S. during January will cost the insurance industry more than $1 billion as tornadoes hit a 17-year high, according a report published by Impact Forecasting, Aon Benfield’s...

U.S. Court Deals Opponents of Obama Fiduciary Rule a Setback

Feb 9 2017 // A U.S. federal judge on Wednesday upheld an Obama-era rule designed to avoid conflicts of interests when brokers give retirement advice, in a possible setback for President Donald Trump’s efforts to scale back...

Advocacy Groups Go to Court to Thwart Trump’s Bid to Undo Regulations

Feb 9 2017 // The White House defended the president’s executive order to U.S. agencies to rescind two government regulations for every new rule introduced, after several advocacy groups filed a lawsuit on Wednesday challenging...

Federal Judge Halts Anthem-Cigna Merger as Harmful to Competition

Feb 8 2017 // A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc.’s proposed $54 billion merger with smaller rival Cigna Corp., derailing an unprecedented effort to consolidate the country’s health...

U.S. Water Damage Class Action Settlement to Cost BMW $478 Million

Feb 8 2017 // German automaker BMW AG has agreed to pay up to $477.7 million to settle a class-action lawsuit covering about 318,000 U.S. luxury car owners who may have suffered water damage harming electrical components in vehicle...

Why the Insurance Industry Supports and Hires Veterans

Feb 8 2017 // Many property/casualty insurance carriers have focused their charitable efforts on veterans, and they’ve done so for a number of good reasons.One important reason for adopting veterans causes was explained by Glenn...

Study: 5 of Worst U.S. Truck-Congested Areas Are in Ohio

Feb 7 2017 // Five of the country’s 100 worst congested areas for trucks are in the state of Ohio, and three of those areas are in Cincinnati, according to a study.The American Transportation Research Institute has ranked...

How Firms Rate on Cyber Readiness and Why Some Don’t Buy Cyber Insurance: Hiscox Report

Feb 7 2017 // A study of 3,000 companies in the UK, U.S. and Germany, reveals that more than half (53 percent) of businesses in the three countries are ill-prepared to deal with cyber-attacks. Fewer than one-third (30 percent) qualify...

U.S. Risk Underwriters Names Berkley Program’s Carter as President

Feb 7 2017 // U.S. Risk, a global property/casualty wholesaler and managing general agency based in Dallas,, has named Wayne H. Carter, III as president of U.S. Risk Underwriters Inc., its programs group. Carter will assume senior level...

Assurant to Offer Liability Coverage for Vacation Rental Owners

Feb 6 2017 // Assurant has partnered with Vacasa, a U.S. vacation rental management company, to provide liability coverage and property insurance for Vacasa’s homeowners. Assurant’s short-term accommodations protection...

Commercial Health Plans’ Spending on Drugs Slowed in 2016: Express Scripts

Feb 6 2017 // Express Scripts Holding Co., the largest pharmacy benefit manager in the United States, said prescription drug spending for its members slowed to less than 4 percent in 2016, at a time when scrutiny of drug price hikes has...