Latest USA Headlines

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

Hartley to Lead U.S. General Liability for Liberty International Underwriters

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...

Japanese Insurers Expected to Continue U.S. Spending Spree: Investment Bankers

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...

Buffett Has No Love for High-Priced Money Managers; Says Even a President Trump Couldn’t Derail U.S. Economy

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...

Medical Errors Now Third Leading Cause of Death in the U.S.: Study

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...

Commercial Auto Insurance Remains a Loser on the Whole: Fitch

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...

Supreme Court Denies BP Investors’ Class Action Over Losses Tied to Gulf Oil Spill

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...

AIG Selling $1.2 Billion Worth of Shares in China’s PICC P&C: Report

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...

Employers Pay as 32% of Opioids Prescriptions Are Abused: Report

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...

Large Insurers Eager But Cautious About Drone Insurance Market

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...

Climate Change and The Conservative Republican

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....

Willis Capital Markets & Advisory Appoints Lien as Managing Director, Hong Kong

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...

President Obama Gets Trade Secret Protection Bill Passed by Congress

Apr 28 2016 // The U.S. Congress on Wednesday passed and sent to President Barack Obama legislation strengthening legal protection for companies’ trade secrets, including manufacturing processes and computer methods.The House of...

Robot Cars Complain About Humans’ Poor Roads, Lane Markings, Signage

Apr 28 2016 // Volvo’s North American CEO, Lex Kerssemakers, lost his cool as the automaker’s semi-autonomous prototype sporadically refused to drive itself during a press event at the Los Angeles Auto Show.“It...

Central U.S. States Hit with Tornadoes, Strong Storms

Apr 27 2016 // A powerful spring storm brought strong winds and baseball-sized hail to several central states on April 26, with tornadoes spotted in Kansas and Oklahoma as the severe weather marched east, forecasters said.The storm...

Mitsubishi Motors Faces Uncertain Future as Fuel Test Scandal Deepens

Apr 27 2016 // For the second time in about a decade, Mitsubishi Motors Corp. faces a scandal that poses an existential threat.The Japanese automaker has improperly tested the fuel economy of its cars for the past quarter century,...

Investors Back Trov, On-Demand Platform for ‘Insurable Moments’ and Items, with $39M

Apr 26 2016 // Investors have pledged $39 million for a technology platform that allows consumers to insure their valuable things and turn the coverage on and off whenever they want with swipe of a finger on their smartphone.In the words...

A.M. Best: Texas Hail Storm Damage Poised to Exceed 9-Year U.S. Average

Apr 26 2016 // A.M. Best says year-to-date 2016 results in Texas alone appear to have already met the nine-year average for hail storm damage in the United States.According to Best’s Briefing, titled, “Texas Hail Storm Damage...

Japan Aims to Beef up Nuke Safety Check Competency After Bad Review

Apr 26 2016 // Japanese nuclear regulators said Monday they will revise laws, nearly double inspection staff and send some inspectors to the U.S. for training to address deficiencies cited by the International Atomic Energy Agency.The...

AIG, Hamilton, Two Sigma to Launch Small-Medium Business Insurance Joint Venture

Apr 26 2016 // American International Group, Bermuda-based Hamilton Insurance Group and affiliates of hedge fund firm Two Sigma Investments said they have agreed to create a technology-enabled insurance platform for sales to the small to...

Who Wins, Loses In a Driverless Car Economy?

Apr 26 2016 // The automotive and tech companies pursuing the driverless car share a utopian belief: Autonomous vehicles will benefit society, eventually saving most of the nearly 33,000 people each year killed in road accidents in...