Latest USA Headlines

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

With Hurricane Season About to Open, Forecasters Already Eyeing East Coast

May 27 2016 // When the Atlantic hurricane season starts next week, the most active area might just be off the U.S. East Coast.At this time of year, passing cold fronts that linger over waters warmed by the late spring sun can trigger...

Jury Sides with Google; Oracle Loses $9 Billion Copyright Claim

May 27 2016 // Google won a jury verdict that kills Oracle Corp.’s claim to a $9 billion slice of the search giant’s Android phone business.Oracle contended that Google needed a license to use its Java programming language to...

Liability Insurer Accuses Surgical Robot Maker of Hiding Injury Claims

May 27 2016 // It’s health insurers’ cardinal rule: disclose pre-existing conditions.Now comes a case in which that familiar decree involves not a patient, but rather a $1.5 million surgical robot known as the da Vinci...

Stortzum Joins Alliant’s ProQuest Division in Chicago

May 26 2016 // Lawyers professional liability specialist Nate Stortzum has joined the ProQuest division of Alliant Insurance Services as vice president. Stortzum is based in ChicagoPrior to joining ProQuest, Stortzum was Midwest regional...

North Dakota Company Settles Racial Discrimination Suit for $250K

May 26 2016 // A Williston, N.D.-based oil field service company will pay $250,000 to a worker it fired after he complained of harassment to settle a discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity...

Report Calls Out Insurers for Half-a-Trillion Dollars in ‘Dirty Energy’ Investments

May 24 2016 // Leading U.S. insurers have nearly half-a-trillion dollars invested the fossil fuel energy and the electric and gas utility sectors, according to a report out today that urges state insurance regulators and board members of...

Appeals Court Throws Out $1.27B Fraud Penalty Against Bank of America Mortgage Unit

May 24 2016 // A U.S. appeals court on Monday threw out a jury’s finding that Bank of America Corp. was liable for mortgage fraud leading up to the 2008 financial crisis, voiding a $1.27 billion penalty and dealing the U.S....

Labor Unions Searching for Strategies to Join the Gig Economy

May 24 2016 // The International Association of Machinists and Aerospace Workers trumpeted an agreement reached earlier this month to represent New York Uber drivers, saying it “gives organized labor an opportunity to shape the new...

Beazley Expands Environmental Team in U.S. with XL Catlin, AIG, Ironshore Hires

May 24 2016 // Specialist insurer Beazley has made several senior hires to expand its environmental liability insurance team in the U.S. The Beazley environmental team now has 20 associates across the U.S., with local underwriting and...

FAA Creates Drone Advisory Panel, Lifts Barrier to Education

May 23 2016 // The Federal Aviation Administration is establishing a broad-based advisory committee to provide advice on key unmanned aircraft integration issues.Also, under a new policy, the FAA will also make it easier for students to...

Tough Times for Commercial Auto Insurance: Fitch

May 23 2016 // While the property/casualty industry has reported three consecutive years of significant underwriting profits, the commercial auto market as a whole reported an underwriting loss for the fifth consecutive year in 2015.In...

10 Things to Know About Flood Insurance

May 23 2016 // A large percentage of agents’ errors and omissions claims arise from failure to offer flood coverage. By offering flood coverage at the point of the homeowner sale, in addition to offering protection to clients from...

Furry Friends

May 23 2016 // Members of your family – specifically those with fur and a bark – are costing the industry mega dollars.Dog bites (and other dog-related injuries) now account for more than one-third of all homeowners liability...

Indiana Company to Pay $45K to Settle EEOC Pregnancy Discrimination Suit

May 20 2016 // Office Concepts Inc., a Fort Wayne, Ind., office product and service store, will pay $45,000 and provide other relief to settle a pregnancy discrimination lawsuit by the U.S. Equal Employment Opportunity Commission (EEOC),...

U.S. to Hear Concerns Over Coal Mines’ Self-Bonding

May 20 2016 // The United States is considering whether to reign in a subsidy on coal mine cleanup costs and in so doing shield taxpayers from those liabilities, a leading regulator for the mining industry said on Wednesday.The program,...

McGovern Leaving Lloyd’s as CRO to Join XL Group as Chief Compliance Officer

May 19 2016 // XL Group plc announced it has appointed Sean McGovern as chief compliance officer, head of Regulatory & Government Affairs, moving from Lloyd’s of London where he is chief risk officer and general counsel.In this...

Aspen Announces New CEOs for Insurance & Reinsurance Units as Vitale Retires

May 18 2016 // Bermuda-based Aspen Insurance Holdings Ltd. has appointed new leaders for its insurance and reinsurance segments, in response to the announced retirement of CEO Mario Vitale.Stephen Postlewhite, previously chief executive...

Manager’s Suit Alleges All-Male ‘Club’ Atmosphere, Gender Bias, Retaliation at Bank of America

May 18 2016 // A managing director suing Bank of America Corp. for gender discrimination by what she called an in-house “bro’s club” outlined a host of practices — including front-running, lying to customers and...

China’s Fosun Aims to Lead in Insurance, Tourism, Healthcare; Plans to Cut Debt

May 18 2016 // Fosun Group, China’s largest private conglomerate, is aiming to become a world leader in insurance, tourism and healthcare but also has a “clear plan” to reduce its debts, chairman and co-founder Guo...

U.S. Top Court Rejects Exxon’s Appeal of $236M Verdict in N.H. Pollution Case

May 16 2016 // The U.S. Supreme Court on Monday rejected Exxon Mobil Corp’s appeal of a $236 million judgment against the oil company in a case brought by the state of New Hampshire over groundwater contamination linked to a...