Latest USA Headlines

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

Top 25 Workers’ Compensation Insurers: A.M. Best

Nov 16 2015 // The U.S. workers’ compensation market saw solid gains in 2014, thanks in part to premium increases and favorable claims frequency. This was the fourth consecutive year in which the industry reported improved results,...

How New Chip Cards Raise the Risk for Merchants

Nov 16 2015 // On Oct. 1, 2015, many of your clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that accepts or issues payment...

10 Things to Know About Long Term Care & Assisted Living

Nov 16 2015 // A 2015 survey of affluent adults between the ages of 50 and 68 conducted by Greenwald & Associates on behalf of John Hancock Insurance found that only three in 10 have actually made a plan to address long term care as...

‘We Start Businesses Instead of Buying Them,’ Berkley Says in Last Earnings Conference Call as CEO

Nov 16 2015 // William R. Berkley’s last earnings conference call as chief executive officer of the company that bears his name lasted just over 20 minutes, with a lack of questions about a less-eventful quarter than competitors...

The Rebound Continues as Contractors & Builders Expect to Grow Again in 2016

Nov 16 2015 // Builders and contractors can expect another year of steady growth in 2016 and so can the insurance specialists that serve this rebounding market.The construction industry across the board is seeing strong growth, says...

Illinois Supreme Court Voids $10.1B Philip Morris ‘Light’ Verdict

Nov 16 2015 // The Illinois Supreme Court on Nov. 4 threw out a $10.1 billion verdict against Philip Morris USA in a long-running lawsuit accusing the Altria Group Inc. unit of misleading smokers about the health risks of...

Everest Re Adds Inland Marine Unit to U.S. Specialty Platform

Nov 13 2015 // Everest Re Group, Ltd., has expanded its U.S. specialty insurance platform, Everest National Insurance Co., with the introduction of a new dedicated Inland Marine underwriting team. Everest National is pursuing a broad and...

It’s 2026, There’s a Food Security Crisis- How Does World Respond?

Nov 12 2015 // The year is 2026. Flooding, worsened by climate change, has devastated Bangladesh and driven millions of hungry refugees to its border with India. Worried about unrest and disease, India asks other nations for help.The...

U.S. Health Care Cost Increases at Lowest Rate in Nearly 20 years: Aon

Nov 12 2015 // After plan design changes and vendor negotiations, the average health care rate increase for mid-size and large companies was 3.2 percent in 2015, marking the lowest rate increase since 1996, according to a new analysis by...

Insurance and Safety Issues Delay Iran’s Entry into Global Oil Tanker Market

Nov 12 2015 // Even after Western sanctions are lifted, Iran’s oil tanker fleet is expected to face more hurdles before many of the vessels can start trading again due to insurance hiccups and tougher requirements over sea...

Brit Hires Pozzebon to Lead U.S. Property Facultative Team in Chicago

Nov 12 2015 // Global specialty insurer and reinsurer Brit Ltd (Brit) has appointed Nick Pozzebon to lead its existing Chicago-based U.S. property facultative team for Brit Global Specialty USA, reporting to Noreen Metcalfe. Pozzebon...

Supreme Court Justices Question Tyson Claims Against Damages Formula

Nov 11 2015 // U.S. Supreme Court justices expressed skepticism on Tuesday toward Tyson Foods Inc.’s challenge to an almost $5.8 million class action judgment in a case that could buck the court’s recent pro-business trend in...

U.S. Charges 3 in ‘Securities Fraud on Cyber Steroids’ Scheme

Nov 11 2015 // U.S. prosecutors on Tuesday unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co. and generated hundreds...

U.S. Must Hold Takata Accountable for Air Bag Recall: Senators

Nov 11 2015 // Two influential U.S. senators, worried about Takata Corp.’s ability to complete its recall of potentially deadly air bag inflators, sought regulatory guidance on how to hold the Japanese company accountable if its...

Volkswagen Offers Diesel Owners $1,000 ‘Goodwill’ Payment

Nov 11 2015 // Volkswagen AG, reeling from an expanding scandal involving diesel cars it has admitted it rigged to pass U.S. pollution tests, announced Monday that owners of the vehicles will receive $1,000 in what the company calls a...

Liberty International Names Finnegan Chief Underwriting Officer for U.S.

Nov 11 2015 // Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has appointed Michael Finnegan to the newly-created position of chief underwriting officer for U.S. operations.Prior to joining LIU, Finnegan was...

Trying to Fit In at Work, Veterans Downplay Military Service, Injuries

Nov 11 2015 // Almost a third of U.S. veterans in civilian jobs hide their war injuries from employers and many downplay their military service to get along with co-workers, according to a new study by the Center for Talent...

The Perilous North Atlantic – Europe’s War Time American Lifeline

Nov 10 2015 // Crossing the North Atlantic on a modern ocean liner is a pleasant and mostly uneventful experience these days. But gazing into the depths of the presently rather stormy ocean evokes the past, and the deadly conflicts,...

Indiana-Based Zimmer Wins First NexGen Flex Knee Devices Case

Nov 10 2015 // Indiana-based medical device manufacturer Zimmer Biomet Holdings Inc. has been cleared of liability in the first of more than 900 U.S. lawsuits to go to trial over claims that its NexGen Flex knee replacements were prone...

Judge Rules Punitive Damages Possible for GM in Ignition Case

Nov 10 2015 // General Motors Co. may be liable for punitive damages in lawsuits it faces over an ignition switch problem that prompted the recall of millions of vehicles last year, a U.S. judge said on Monday.The decision from U.S....