Latest USA Headlines

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

New Forecasting, Damage Assessment Tools Track Hurricane Matthew

Oct 7 2016 // As Hurricane Matthew rolled toward Florida earlier this week, the meteorologists at Verisk Analytics were tracking its every move.They weren’t just plotting the usual meteorological stuff, though, and making the...

Japan’s Cash-Flush Insurers to Keep Paying Hefty Prices for Overseas M&As

Oct 7 2016 // Japan’s cashed-up insurers are likely to keep paying hefty premiums for overseas assets as they seek to spur growth and overcome negative interest rates, fewer lucrative investment options and a fast-maturing market...

Mitsui Sumitomo Marine Management, Air Centurion to Cover Aviation & Aerospace Risks

Oct 7 2016 // Mitsui Sumitomo Marine Management, Inc. (MSMM) and MS Amlin plc, its sister company, have formed a new partnership with Air Centurion to write the U.S.-based aviation and aerospace accounts for Mitsui Sumitomo Insurance...

MetLife Decides to Spinoff U.S. Retail Division

Oct 6 2016 // MetLife Inc. has filed for a spinoff of a U.S. retail unit after considering alternate plans to sell the business or exit through an initial public offering.At least 80.1 percent of the shares in the unit, Brighthouse...

Hurricane Matthew Heads to Florida; Losses Could Reach $15 Billion

Oct 6 2016 // Hurricane Matthew has thousands fleeing the U.S. Southeast where it’s expected to batter the coastline and threaten electricity supplies to more than 1 million people in Florida. Potential losses are seen as high as...

Everest Taps Former Lexington Exec Curtin to Head E&S Property

Oct 6 2016 // Christopher Curtin has joined Everest Insurance as head of Excess & Surplus (E&S) Property. Curtin joins Everest as vice president and National E&S leader, based in the Everest Insurance Boston office. He will...

P/C Insurers Report $1.5B Net Underwriting Loss in First Half of 2016

Oct 5 2016 // Private U.S. property/casualty insurers reported a $1.5 billion net underwriting loss in the first half of 2016— the first year-to-date net underwriting loss in more than three years— and saw their net income after...

Lawsuit over Police Tactics in Ferguson Protests Dismissed

Oct 5 2016 // A federal judge has tossed out a $40 million civil rights lawsuit that alleged police used excessive force against protesters in Ferguson, Missouri, after the 2014 police shooting death of Michael Brown.U.S. District Judge...

Marsh Hires Maryland-Based Hewett to Construction Practice

Oct 5 2016 // Global insurance broker Marsh has hired David Hewett as a U.S. contract surety leader in its construction practice. In this newly created role, Hewett will work closely with Marsh’s surety practice to deliver...

Wells Fargo Account Scandal Included Small Businesses, Says Senator

Oct 5 2016 // The scandal over improper sales practices at Wells Fargo & Co extended to thousands of small-business owners, according to a U.S. lawmaker, raising questions about the scope the bank’s issues with unauthorized...

U.S. Sees Automakers Complying with Voluntary Guidelines for Autonomous Vehicles

Oct 5 2016 // U.S. Transportation Secretary Anthony Foxx told Reuters he expects automakers and tech companies will comply with voluntary guidelines his department issued last month for autonomous vehicles.The National Highway Traffic...

Hurricane Matthews Pounds Haiti, Cuba; 1 Death Reported

Oct 4 2016 // The fiercest Caribbean storm in almost a decade ripped into Haiti’s southwestern peninsula early on Tuesday, packing 145 mile-per-hour (230 kph) winds and storm surges that killed at least one person and damaged...

Former XL, AIG Executive Maag Joins Hamilton Insurance as CEO for U.S.

Oct 4 2016 // Former American International Group and XL executive Seraina Maag is joining Bermuda-based Hamilton Insurance Group as chief executive officer of Hamilton USA, the insurer’s platform for the U.S.Reporting to Hamilton...

Berkshire’s Applied Underwriters Defends Workers’ Comp Products, Says Brokers Should Not Be at Risk

Oct 3 2016 // Legal and regulatory squabbles in New York, California and other states involving Berkshire Hathaway and its Applied Underwriter affiliates over particular workers’ compensation products should not have any negative...

Supreme Court Denies GEICO Appeal on Claims Investigators’ Overtime Pay

Oct 3 2016 // The U.S. Supreme Court on Monday declined to hear GEICO General Insurance Co.’s appeal of a ruling that the No. 2 auto insurer in the United States must pay overtime wages to its claims investigators after the...

Widow Sues Saudi Arabia for Sept. 11 Attacks Under New Law

Oct 3 2016 // A woman widowed when her husband was killed at the Pentagon on Sept. 11, 2001 sued the Kingdom of Saudi Arabia just two days after Congress enacted legislation allowing Americans to sue foreign governments for allegedly...

Insurance Agents Among Missouri’s Top 10 New Business Creators

Oct 3 2016 // Missouri saw an increase in private sector employers last year, and insurance agents and brokers were among the top 10 new business creators in the state.In 2015, Missouri gained more than 8,700 private-sector employers,...

National Flood Insurance Program Buys Private Reinsurance, Plans More in 2017

Oct 3 2016 // The federal government has contracted with private reinsurers to improve the National Flood Insurance Program’s claims paying ability and reduce the need for the NFIP to borrow from the U.S. Treasury to cover future...

Supreme Court Could Block NFL’s $1 Billion Concussion Settlement

Oct 2 2016 // A second petition has been filed asking the U.S. Supreme Court to reject the $1 billion settlement of NFL concussion lawsuits because of how it treats current brain injuries versus future ones.The former players who filed...

Powerful Hurricane Matthew Forces Evacuations in Haiti, Jamaica, Cuba

Oct 2 2016 // Haiti and Jamaica urged residents in vulnerable coastal areas to evacuate, and Cuba suspended flights on Sunday as torrential rain from Hurricane Matthew, the strongest storm to menace the Caribbean nations since 2007,...