Latest USA Headlines

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

Anthem-Cigna Merger Trial Pits Efficiency Claims vs. Loss of Competition Claims

Dec 19 2016 // Anthem Inc. and the U.S. Justice Department extended their clash over whether the insurer’s planned takeover of rival Cigna Corp. will raise costs, as government witnesses testified Friday that the deal will harm...

Canada’s Fairfax to Buy Switzerland’s Allied World for $4.9B in Cash, Stock

Dec 19 2016 // Fairfax Financial Holdings Ltd., the Canadian investment and insurance company, agreed to buy Allied World Assurance Co. for $4.9 billion in cash and stock in Chief Executive Officer Prem Watsa’s biggest...

People – Southeast

Dec 19 2016 // Columbia, S.C.-native Mark Askins, has joined Iroquois South as a regional manager for South Carolina and western North Carolina.Askins spent more than 20 years with The Hartford, most recently as their Richmond, Va.,...

People – South Central

Dec 19 2016 // State Auto’s Western Region added Bob McCarty as underwriting manager for the Central/South Texas area. He is based in Austin.McCarty has 30 years of insurance and management experience. He began his career in...

Operation Healing Forces Unique Charity Created by Insurance Executive Markel

Dec 19 2016 // Gary Markel was at home one evening watching a television show on volunteers helping wounded veterans scuba dive in St. Thomas in the U.S. Virgin Islands.Some had missing limbs, and others had severe disabilities. They and...

Supporting the Troops: Industry Gives Back to Those Who Served

Dec 19 2016 // 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...

Dwight Teter Joins The Guarantee USA as Vice-President and Chief Underwriting Officer

Dec 16 2016 // Southfield, MI, December 16, 2016 – Stephen Ruschak, President and Chief Operating Officer, The Guarantee Company of North America USA (The Guarantee USA), is pleased to announce that Dwight Teter has been appointed as...

Is Climate Change Causing Colder Weather and More Snow in Eastern U.S.?

Dec 15 2016 // Baby, it’s cold outside.And guess what? Climate change could make it even colder. December’s a great time to talk about climate change and global warming – it’s cold and blustery across many parts of...

Oklahoma, Texas Insurance Commissioners Elected to NAIC Leadership Posts

Dec 15 2016 // Texas Commissioner of Insurance David Mattax has been elected secretary-treasurer of the National Association of Insurance Commissioners (NAIC), and Oklahoma Insurance Commissioner John D. Doak was elected vice chair of...

U.S. Issues New Safety Rules for Underground Gas Storage Facilities

Dec 15 2016 // The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) issued an interim final rule (IFR) revising pipeline safety regulations to address safety issues related to underground natural gas storage...

G20 Task Force to Ask Firms to Disclose How They Manage Climate Risks

Dec 14 2016 // A global task force set up to try to prevent market shocks from the warming of the planet will ask companies to disclose how they manage risks to their business from climate change and greenhouse gas emission cuts.Although...

Caribbean Cat Facility, CCRIF, Pays Nicaragua $1.1M for Hurricane Otto

Dec 14 2016 // CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) made a payout of US$1.1 million to the government of Nicaragua as a result of damages from Hurricane Otto.Damages triggered a CCRIF payment on the...

U.S. Sees Mandate on Talking Vehicles Cutting Road Crashes, Deaths

Dec 14 2016 // U.S. automobile regulators want passenger cars and light trucks to wirelessly stream data about their movements and monitor other vehicles so they don’t crash into each other.All new light-duty vehicles would be...

Fate of Anthem-Cigna Merger Now in Judge’s Hands

Dec 14 2016 // The first phase of the U.S. Justice Department’s lawsuit to halt Anthem Inc.’s planned takeover of rival insurer Cigna Corp. is in the hands of a federal judge after the government wrapped up its arguments...

Tax Reformers Must Take Care Not to Kill Reinsurance Market

Dec 13 2016 // During the 2016 presidential election, one theme from President-elect Donald Trump rang louder than any other: the importance of keeping jobs in America and finding ways to encourage (or perhaps force) companies that have...

Fate of DuPont Chemical Lawsuits Rests on Wording in 2004 Pact

Dec 13 2016 // For DuPont Co. and its Chemours Co. spinoff, hundreds of millions of dollars hinge on the interpretation of the word “among.”A Cincinnati appeals court heard arguments Friday that will affect the fate of...

Georgia-Based ConAgra to Finalize $11.2M Settlement Over Tainted Peanut Butter

Dec 12 2016 // Food giant ConAgra faces a court hearing to finalize an $11.2 million settlement – including the largest criminal fine ever in a U.S. food safety case – to resolve federal charges in a salmonella outbreak that sickened...

Aetna CEO Denies Obamacare Exits Were Retaliation for U.S. Opposing Humana Merger

Dec 12 2016 // Aetna Inc.’s chief executive denied on Friday that its withdrawal from some Obamacare exchanges was in retaliation for government efforts to halt its merger with Humana Inc, as he sought to convince a federal judge...

NAIC Taps Former Pennsylvania Commissioner, Transamerica Exec Consedine as CEO

Dec 12 2016 // Ten months after its last chief executive officer departed, the national organization of state insurance regulators has named former Pennsylvania Insurance Commissioner Michael F. Consedine as its new CEO. Consedine will...

U.S. Approves Modified Arkansas’ ‘Private Option’ Medicaid Expansion

Dec 9 2016 // Arkansas Gov. Asa Hutchinson says federal officials have approved a number of changes the state wants to make in a Medicaid expansion program known as “Arkansas Works.” The governor said that the Department of...