All the headlines from our USA Topic Page, ordered by recency.
Jan 27 2017 // Charles Taylor Adjusting (CTA), an international loss adjusting business focused on commercial losses and claims, has appointed Vince Cole as U.S. CEO and regional head.Based in Boston, Mass., he will be responsible for...
Jan 27 2017 // This year will be a turning point for the U.S. property/casualty (P/C) insurance sector, as rising claims outpace pricing and reserve releases materially decrease, but it will not be a “softer for longer” rate...
Jan 26 2017 // Banks, insurers and traders that comply with reinforced global financial sector rules should be allowed to operate unhindered across the world to spur economic growth and trade, a top British regulator said on...
Jan 26 2017 // The daily U.S. economic cost from solar storm-induced electricity blackouts could be in the tens of billions of dollars, with more than half the loss from indirect costs outside the blackout zone, according to a new study...
Jan 26 2017 // Safety standards for lithium-ion batteries need to be modernized following a massive recall of Samsung Electronics Co. Ltd phones after faulty batteries caused fires, a U.S. government agency said on...
Jan 26 2017 // Although the Financial Stability Oversight Council created by the Dodd–Frank Wall Street Reform Act could serve an incredibly useful purpose, FSOC’s activities so far have been misguided, an insurance regulator...
Jan 25 2017 // Total catastrophe bond issuance for calendar year 2016 reached US$5.8 billion – a decrease from US$6.9 billion in 2015 – principally due to ongoing competitive re/insurance market conditions, according to an Aon...
Jan 25 2017 // Farmington Hills, Mich.-based H.W. Kaufman Financial Group has acquired Essential Insurance Services Inc., a Colorado-based provider of premium audit services, including general liability, worker’s compensation and...
Jan 24 2017 // Nearly 19 million Americans live in areas where auto insurance is unaffordable including a large number in the New York region, according to a first-of-its kind study by the U.S. Treasury Department.The study, conducted by...
Jan 24 2017 // Travelers Cos., the only property/casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit jumped 8.9 percent as investment income improved and the company recorded a gain tied to the settlement of...
Jan 24 2017 // The challenging operating environment confronting reinsurers has led to some price stabilization at the Jan. 1, 2017 renewals, as they face the reality of deteriorating results and margin compression, according to JLT Re...
Jan 24 2017 // The frequency of large-scale tornado outbreaks is increasing in the United States, particularly when it comes to the most extreme events, according to research recently published in Science.The study by researchers...
Jan 24 2017 // The U.S. Department of Transportation recently designated the North Carolina Turnpike Authority to help with testing driverless cars. A statement from the N.C. Department of Transportation on Friday said the authority was...
Jan 23 2017 // Aetna Inc.’s $37 billion deal to buy rival insurer Humana Inc. was blocked by a federal judge, thwarting one of two large mergers that would reshape the U.S. health-care landscape. Aetna said it was considering an...
Jan 23 2017 // President Donald Trump abruptly ended the decades-old U.S. tilt toward free trade by signing an executive order to withdraw from an Asia-Pacific accord that was never ratified and promising to renegotiate the North...
Jan 23 2017 // Claims management firm Crawford & Co. has named Kenneth Tolson chief executive officer of its U.S. Property & Casualty group. Tolson will be responsible for the company’s U.S. field operations and catastrophe...
Jan 23 2017 // A panel of financial experts discussed the opportunities and challenges they see ahead in 2017 at the Insurance Information Institute’s (III) 21st Annual Property and Casualty Insurance Joint Industry Forum, held...
Jan 23 2017 // During 2016, the United States experienced 15 weather and climate disasters with insured and uninsured losses exceeding $1 billion each across the United States.Overall, these events resulted in the deaths of 138 people...
Jan 23 2017 // A potential solution to a troublesome sand shortage off Southeast Florida is tucked away in a massive water resources funding bill President Barack Obama signed into law last month.The 2016 Water Resources Development Act...
Jan 23 2017 // Drug wholesalers shipped 780 million hydrocodone and oxycodone pills to West Virginia in just six years, a period when 1,728 people fatally overdosed on these two painkillers, according to an investigation by the...