Latest USA Headlines

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

Number of Food Recalls and Their Costs Are Increasing: Swiss Re Report

Jul 15 2015 // “Food manufacturers operate in a vast, globalized supply chain, where one mislabeled product or contaminated ingredient can cause sickness, death, multi-million dollar losses and massive reputational damage for the...

CFC Launches Cyber Policy for U.S. Healthcare Providers

Jul 14 2015 // Specialist lines underwriting agency, CFC, has extended its cyber product suite with the launch of a new policy developed specifically for U.S. healthcare providers.According to CFC’s Cyber Practice Leader, Vicky...

Coming Soon: Marijuana ‘Breathalyzers’ for Police Testing of Drivers

Jul 14 2015 // As cannabis bans are relaxed in more U.S. states, the race is on to develop an instant roadside breathalyzer for police to test drivers who may be taking the “high” road.Vancouver-based Cannabix Technologies...

Global Insured Cat Losses in First Half Are Below Long-Term Average: Munich Re

Jul 14 2015 // Overall losses and insured losses from natural catastrophes during the first half of 2015 were below long-term average values, according to a review of global natural catastrophes issued by Munich Re.Total natural...

As Nine Storms Roar Across the Pacific Ocean, Two Forces Are to Blame

Jul 14 2015 // The Pacific Ocean, named for placidity, is roaring. In the past week, eight tropical systems — and that includes two major typhoons — have formed across the Pacific from China to Mexico.On top of that, another...

Amtrak Concedes to Liability in Philadelphia Train Derailment Cases

Jul 13 2015 // Amtrak said it will concede that it’s liable for most damages caused by the May 12 train derailment in Philadelphia that killed eight passengers and injured dozens.The railroad acknowledged Friday in responses to two...

Lehman Exec Defeats Employee Lawsuit Over Retirement Losses

Jul 13 2015 // A U.S. federal judge on Friday dismissed a lawsuit by former Lehman Brothers Holdings Inc employees seeking to hold onetime Chief Executive Richard Fuld liable for their retirement plan losses as the Wall Street bank...

Harmful Treatments Get Michigan Doctor 45 Years in Prison

Jul 12 2015 // Calling the scheme “horrific,” a judge sentenced a Detroit-area cancer doctor to 45 years in prison for collecting millions from insurance companies while poisoning more than 500 patients through needless...

JLT Specialty USA Hires Taccetta as Executive VP in New York

Jul 10 2015 // JLT Specialty Insurance Services Inc. (JLT Specialty USA), a U.S. subsidiary of London-based Jardine Lloyd Thompson Group plc., hired Joe Taccetta as executive vice president.Taccetta will be based in New York where he...

JLT Specialty Appoints Addison as EVP in Atlanta

Jul 10 2015 // JLT Specialty Insurance Services Inc., a U.S. subsidiary of Jardine Lloyd Thompson Group plc. has appointed Joe Addison as executive vice president and member of the U.S. Executive Committee. Addison will be based in...

Intellectual Property: Newegg Loses Patience; Apple Wins New Damages Trial; Jawbone Targets Fitbit

Jul 9 2015 // Newegg Inc. has been waiting for almost two years for a Texas federal judge to make a final ruling on a patent lawsuit it lost. On Monday it stopped waiting and asked an appeals court to force the judge into action.Newegg...

Latest U.S. Forecast Sees Stronger El Nino into 2016

Jul 9 2015 // The Pacific Ocean’s weather-changing El Nino will probably last into 2016 and be stronger than previously forecast, the U.S. Climate Prediction Center says.El Nino, a warming of the equatorial Pacific, has a 90...

Washington Redskins, Disparaging Trademarks and Free Speech

Jul 9 2015 // The National Football League’s Washington Redskins lost some protection for its controversial name after a federal judge ruled it may be disparaging to Native Americans.The decision doesn’t bar the team’s...

Aon Benfield’s June Cat Report Highlights China Rains, Floods, U.S. Storms

Jul 9 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that...

Updated: New York Stock Exchange Suspends Trading

Jul 8 2015 // The New York Stock Exchange shut down its main market because of a computer malfunction, forcing traders to steer orders elsewhere in the biggest disruption to an American equity venue in almost two years.The suspension,...

Aspen U.S. Names Zurich’s Hickey to Head Marine Insurance Unit

Jul 8 2015 // Patrick Hickey has been named as executive vice president for Marine at Aspen U.S. Insurance. Hickey will lead Aspen Insurance’s marine operation in the U.S., covering both inland and ocean. He will report to Tony...

New Mexico Gets Federal Grants to Help Fight DUI

Jul 8 2015 // The New Mexico Department of Transportation will be getting four grants worth more than $365,000 to help prevent drunken driving and improve safety on the state’s roads.The funding will be awarded through the U.S....

U.S. Power Grid Attack Could Cause $70 Billion Insurance Losses: Lloyd’s Report

Jul 8 2015 // A cyber attack on the U.S. power grid in the Northeast would have far-reaching implications including the loss of lives, economic losses of as much as a trillion dollars, the disruption of water supplies and...

IMF Urges U.S. Adopt Tougher Rules for Insurers

Jul 8 2015 // The U.S. needs to follow through on plans to impose tougher rules on non-bank financial institutions such as mutual funds and insurers that are increasingly posing a risk to the financial system, the International Monetary...

Court Upholds Unpaid Internships with Educational Value

Jul 6 2015 // Unpaid internships are legal when they are closely tied to interns’ educations, a U.S. appeals court in Manhattan said on Thursday in reversing a decision that Fox Searchlight Pictures Inc. broke the law by not...