All the headlines from our USA Topic Page, ordered by recency.
May 6 2016 // A North Carolina law limiting protections to LGBT people violates federal civil rights laws and can’t be enforced, the U.S. Justice Department said Wednesday, putting the state on notice that it is in danger of being...
May 5 2016 // Reinsurance broker JLT Re has launched a new operation in North America – JLT Re Global Mortgage Solutions — to offer insurance and reinsurance to government-sponsored entities, mortgage insurers, mortgage lenders and...
May 5 2016 // The global economy suffered the worst April natural disaster losses for five years, according to Impact Forecasting, Aon Benfield’s catastrophe model development team.Earthquakes, convective storms and flooding...
May 5 2016 // Catastrophe activity in the U.S. led to $3.8 billion in insured losses in 29 states during the 2016 first quarter, with much of the damage hitting Texas. Those events were the worst in a decade in terms of frequency and...
May 5 2016 // Uber Technologies Inc.’s denial of responsibility for sexual assaults by drivers failed to derail a lawsuit brought by two women who say they were attacked last year.A San Francisco federal judge on Wednesday...
May 5 2016 // Takata Corp. has been ordered to replace as many as 40 million additional air bags linked to deadly malfunctions, more than doubling what was already the biggest auto recall in U.S. history and putting more pressure on the...
May 5 2016 // A U.S. consumer watchdog on Thursday proposed new rules to block credit card companies, banks and other companies from forcing customers to waive their rights to join class action lawsuits and only settle disputes through...
May 5 2016 // Bill Baer was the ultimate Washington antitrust insider when he came to the Justice Department in 2013: At law firm Arnold & Porter LLP, he’d counseled the biggest U.S. companies, including deal machine General...
May 5 2016 // Madrid-based MAPFRE S.A. has promoted Jaime Tamayo as CEO of the international territorial area.In his new responsibilities, Tamayo will oversee three regions at MAPFRE: the North America region; the EMEA region,...
May 4 2016 // Liberty International Underwriters (LIU) has named Casey Hartley as U.S. General Liability product line leader. Based in Atlanta, Miss., Hartley will have responsibility for the technical underwriting, portfolio...
May 4 2016 // Japanese insurers made more than $18 billion worth of acquisitions in the U.S. last year, and their spending spree isn’t over yet, industry dealmakers said on Tuesday.Japan has a number of large, healthy insurers...
May 4 2016 // Warren Buffett’s biggest investment tip: Be wary of fees.At the annual meeting of his Berkshire Hathaway Inc., the billionaire warned about the enduring risk of derivatives, defended stocks in his portfolio and...
May 4 2016 // Medical errors in the U.S. account for more than 250,000 deaths per year, which makes them the third leading cause of death in the country, according to researcher at the Johns Hopkins University School of Medicine.Johns...
May 3 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...
May 2 2016 // The U.S. Supreme Court on Monday declined a request from shareholders seeking to revive their class action lawsuit against BP claiming the British oil company misrepresented its safety procedures prior to the 2010 Gulf of...
May 2 2016 // American International Group is offering for sale about $1.2 billion worth of shares in China’s PICC Property and Casualty Co. Ltd. (PICC P&C) in a block deal, IFR said on Saturday, citing a term sheet of the...
May 2 2016 // Nearly one out of every three (32 percent) opioid prescriptions, which are subsidized by America’s employers, is being abused, according to a report by a healthcare data and technology company.San Francisco-based...
Apr 29 2016 // A growing number of insurance companies envision a large, robust insurance market for liability and property coverage associated with drone use. However, many insurers currently are proceeding with caution in light of...
Apr 28 2016 // If you’re a conservative Republican, there’s a decent chance that you believe in climate change.Compared with two years ago that is. Don’t tell this to Rush Limbaugh or presidential hopeful Donald Trump....
Apr 28 2016 // Willis Towers Watson has appointed Vincent Lien as managing director of Hong Kong for Willis Capital Markets & Advisory (WCMA), the firm’s investment banking business.Reporting to WCMA co-CEOs, Michael Guo and...