Latest USA Headlines

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

Ex-QBE Insurance Executive Sentenced to Jail for $2.6M Embezzlement Scheme

Apr 1 2016 // A former executive of QBE Insurance Group was sentenced on Thursday to 1-1/2 years in prison for conspiring to embezzle $2.6 million from the insurance company, some of which he used to buy a house and luxury...

Climate Change Easy Bet to Be Hot Topic at Insurance Regulators’ Meeting

Mar 31 2016 // Mark down the Climate Change and Global Warming Working Group as the odds-on favorite committee to produce the most interesting chatter during the National Association of Insurance Commissioners meeting next week in The...

AIG CEO Hancock Sees Opportunity in MetLife Systemic Risk Win

Mar 31 2016 // A judge’s ruling that MetLife Inc. is not “too big to fail” opens up an opportunity for insurer American International Group Inc. to seek an exemption from the tag, AIG Chief Executive Peter Hancock said...

MetLife Victory Could Push AIG, Pru to Fight Systemic Risk Designations

Mar 31 2016 // After regulators slapped the too-big-to-fail label on MetLife Inc., Chief Executive Officer Steve Kandarian had several responses. One was to challenge government watchdogs in court — a move shunned by other insurers...

GM Wins Second ‘Bellwether’ Ignition Switch Trial

Mar 31 2016 // General Motors Co. won its second straight trial against drivers who blamed car wrecks on faulty ignition switches, boosting the company’s outlook for resolving hundreds of similar cases on more favorable terms.The...

DOL Sues U.S. Steel Corp. Over Injury Reporting Practices

Mar 30 2016 // The U.S. Department of Labor recently announced that it has sued U.S. Steel Corp. for allegedly retaliating against two employees who violated the company’s immediate reporting policy for workplace injuries.The...

West Virginia Coal Boss Should Face Maximum Sentence, U.S. Says

Mar 30 2016 // Former coal baron Donald Blankenship should face the maximum sentence of one year in prison for flouting mine-safety rules, prosecutors said, urging a judge to send a message to the coal industry.The government asked U.S....

MetLife Wins Court Appeal to Strike Down Systemic Risk Tag

Mar 30 2016 // MetLife Inc. beat back a U.S. attempt to label it too big to fail, which would’ve put America’s biggest life insurer under tougher government scrutiny and forced it to put more money in reserves.A federal judge...

U.S. Promises Rules for Makers of Driverless Cars Within Months

Mar 30 2016 // U.S. regulators are making progress and will begin issuing guidelines to help the introduction of self-driving car technology within the next few months, Transportation Secretary Anthony Foxx said.The rapidly developing...

Koeleveld Joins NYS Department of Financial Services as General Counsel

Mar 29 2016 // Celeste Koeleveld has been appointed general counsel at the New York State Department of Financial Services (DFS).Koeleveld will lead DFS’s Office of General Counsel and be responsible for all legal matters in the...

Hedge Funds Settle Press Release Hacking Claims for $18M

Mar 29 2016 // A Moscow-based hedge fund manager, his investment firms and two Paris-based funds have agreed to pay nearly $18 million to resolve a U.S. regulator’s claims that they engaged in insider trading using hacked press...

U.S. Seismic Risk Maps Now Include Earthquakes Caused by Humans

Mar 28 2016 // Earthquakes caused by human activity will now be included in the U.S. Geological Survey’s seismic risk maps, the agency said on Monday after a sharp rise in temblors linked to wastewater disposal wells used by the...

China’s Anbang Insurance Ups Offer for Starwood Hotels to $14B

Mar 28 2016 // China’s Anbang Insurance Group Co. has raised its offer for Starwood Hotels & Resorts Worldwide Inc. to almost $14 billion in its latest challenge to the U.S. hotel operator’s merger with Marriott...

ISO to Collect Terrorism Insurance Data for Treasury

Mar 28 2016 // The property/casualty insurance data and rating organization ISO will collect and help analyze terrorism data this year for the U.S. Department of the Treasury, the federal agency charged with gauging the effectiveness of...

OSHA Issues Final Rule on Silica Exposure Protections; Industries Vow to Overturn

Mar 25 2016 // Capping a decades-long effort, U.S. workplace regulators on Thursday announced a final rule to boost protections against occupational exposure to crystalline silica, a carcinogenic dust ubiquitous in construction,...

How Much Do U.S. Health Insurance Tax Breaks and Subsidies Cost?

Mar 25 2016 // U.S. taxpayers will fork over $660 billion this year to subsidize health insurance for people under 65, the vast majority of whom have coverage through their employers, the Congressional Budget Office said on Thursday.In...

Judge Grants VW More Time for Diesel Fix

Mar 25 2016 // Volkswagen AG was given four more weeks to reach an agreement with regulators for getting 600,000 diesel vehicles off U.S. roads as it faces hundreds of lawsuits for rigging pollution control systems to cheat emissions...

Kentucky Sues Volkswagen Over Diesel Emissions Cheating

Mar 24 2016 // Kentucky sued Volkswagen AG and its luxury units on Tuesday claiming the German automaker’s diesel emissions cheating scheme violated the state’s Consumer Protection Act.“Volkswagen must be held...

VW May Miss Court Deadline for Diesel Fix with U.S. Regulators

Mar 24 2016 // Volkswagen AG will probably miss a Thursday court deadline to reach a comprehensive agreement with U.S. authorities over its tainted diesel engines, possibly exposing the carmaker to daily fines and other sanctions.While...

Supreme Court Rules for Workers in Class Action Against Tyson

Mar 23 2016 // The U.S. Supreme Court on Tuesday handed a loss to Tyson Foods Inc. over the company’s challenge to an almost $5.8 million class action judgment in a case won by workers at an Iowa pork-processing facility who...