All the headlines from our USA Topic Page, ordered by recency.
Jan 11 2016 // Revenues and earnings for public U.S. insurance brokers are likely to modestly improve in 2016 relative to levels reported through nine months of 2015, according to Fitch Ratings’ 2016 U.S. Insurance Broker Outlook...
Jan 11 2016 // Editor’s Note: This is the first article in a three-part series on the oil and gas industry. The second article will address new and emerging claims trends and the third article will address the emerging risks...
Jan 11 2016 // Businesses known for their uniforms are worried about lawyers in business suits in the wake of a change in the nation’s labor laws affecting their liability for employment practices.The change could unravel the...
Jan 11 2016 // The U.S. property/casualty insurance industry is about to be tested directly by the sharing economy.Two tech entrepreneurs have raised $13 million in initial funding to launch a peer-to-peer online property/casualty...
Jan 8 2016 // A former benefits plan manager for Springdale, Ark.-based Tyson Inc. has been sentenced to 28 months in prison for defrauding the company of more than $550,000.Acting U.S. Attorney for the Western District of Arkansas,...
Jan 8 2016 // Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the past several years. The...
Jan 8 2016 // Last year was the second hottest on record in the contiguous United States, and included 10 major weather and climate events, such as droughts and storms, that each led to over $1 billion in damages, the National Oceanic...
Jan 7 2016 // Asked for his thoughts on climate change, Frank Nutter expeditiously turned to science.His sphere of influence is far-ranging as president of the Reinsurance Association of America, a position he’s held since 1991....
Jan 7 2016 // A recently released report shows that damage estimates from the natural disaster events that occurred in the United States in December 2015 will amount to more than $4 billion.Aon Benfield’s catastrophe model...
Jan 7 2016 // One of the most important players in the booming drone industry isn’t a hardware manufacturer; it’s the U.S. Federal Aviation Administration. So attendees at the Consumer Electronics Show on Wednesday flocked...
Jan 7 2016 // Drone operators who want to know if it’s safe and legal to operate their unmanned aircraft in a particular spot learned this week that there’s now an app for that from the government.The Federal Aviation...
Jan 6 2016 // Canopius Group AG, a Zurich-based global specialty lines platform of Sompo Japan Nipponkoa Insurance, has hired Ivan Breen as senior vice president of its U.S. Direct Property team.Breen is based in New York and will...
Jan 6 2016 // Total economic losses from the weather events in the U.S. during the month of December will exceed $4 billion, with insured losses likely to approach or exceed $2 billion, according to Aon Benfield’s catastrophe...
Jan 6 2016 // The sulfurous scent of a natural-gas leak hangs in the air as mail carriers wearing gas masks make rounds to mostly deserted homes in the Los Angeles neighborhood of Porter Ranch.Life in the community of 30,000 people...
Jan 6 2016 // Reinsurance capital levels stabilized during the Jan. 1, 2016 renewals – showing no growth for the first time in several years – and prices continued to soften, according to Guy Carpenter & Co.’s global...
Jan 6 2016 // Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd., announced the appointment of new global product heads as part of its strategy to leverage its global platform and better align product...
Jan 5 2016 // The U.S. Justice Department sued Volkswagen AG for installing illegal devices meant to defeat emissions testing, and laid out claims that could push penalties into the tens of billions of dollars — an opening salvo...
Jan 5 2016 // A former partner at consulting firm McKinsey & Co has been arrested on charges that he engaged in a scheme to submit fraudulent invoices and expenses to the company and clients, including State Farm, for more than...
Jan 4 2016 // Some, but not all, experts see an improving U.S. economy in 2016 helping to boost the property/casualty (P/C) insurance sector. Some of these prognosticators are more optimistic than others. But most also anticipate...
Jan 4 2016 // The world’s largest insurer as measured by 2014 net premiums written is UnitedHealth Group Inc., according to a ranking by A.M. Best of the world’s largest insurance companies.France’s AXA S.A. kept its...