Latest USA Headlines

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

Judge Rules for Greenberg in Suit Against AIG Bailout But Nixes Damages

Jun 15 2015 // Update: Greenberg Will Appeal AIG Bailout Case Win Over Lack of DamagesThe U.S. set illegal terms in demanding American International Group Inc. stock for an $85 billion bailout during the financial crisis, but that...

Smith to Head Ironshore’s New Chinese Investment in U.S. Practice Group

Jun 15 2015 // Ironshore Inc. announced the formation of the Chinese Investment Practice Group, building upon its relationship with Fosun International, to identify Chinese investment opportunities in U.S.-based companies and assets....

Battle Over Fast-Track Trade Authority Resumes This Week in House

Jun 15 2015 // A raging battle over President Barack Obama’s request for “fast-track” authority central to improving U.S. ties with Asia resumes in the House of Representatives this week when lawmakers are expected to...

Medical Malpractice Payouts Continue to Climb in U.S.

Jun 15 2015 // For the second consecutive year, medical malpractice payouts in 2014 increased over four percent from the previous year.After declining from 2003 through 2012, malpractice payouts started to rise in 2013 and continued to...

Florida Commissioner McCarty Warns Against U.S. Adopting ‘Bank-Like’ Regulation for Insurance

Jun 15 2015 // Florida Insurance Commissioner Kevin McCarty championed flexible state insurance regulation and warned against “one-size-fits-all” bank-like regulation for insurers in recent testimony before the U.S. Senate...

People – Southeast

Jun 15 2015 // Marsh has appointed Julie Wood as Southeast Partnership leader based in Atlanta. In this role, Wood is responsible for ensuring the delivery of Marsh’s advisory and transactional services to clients throughout its...

Court Revives Suit in N.H. School’s Missing Policy Case

Jun 15 2015 // The U.S. Court of Appeals for the First Circuit has revived a New Hampshire school’s lawsuit seeking to prove that it is still covered by an insurance policy from almost 50 years ago even though there are no longer...

People – East

Jun 15 2015 // Michael Tipsord, State Farm president and chief operating officer who first joined the insurer in 1988, will succeed outgoing CEO Edward B. Rust Jr. in September as chief executive officer.Rust, in speaking during a...

Warm Weather Bringing Relief from Record U.S. Bird-Flu Outbreak

Jun 12 2015 // There’s relief ahead for U.S. poultry farmers suffering through the worst ever domestic outbreak of bird flu.As the weather warms, there’s likely to be fewer instances of the disease, which has already left 47...

House Committee Advances Patent Reform Bill

Jun 11 2015 // A U.S. congressional panel on Thursday approved a bill aimed at deterring frivolous patent lawsuits, but which some critics say undermines the ability to protect new innovations.The U.S. House of Representatives Judiciary...

El Nino Now 85% Likely to Last Through Winter: U.S. Climate Forecasters

Jun 11 2015 // The odds that a weather-changing El Nino will last until the Northern Hemisphere’s next winter are increasing, though it’s too early to say if it will provide drought relief across California, the U.S. Climate...

Number of Cars with Takata Air Bags Uncertain

Jun 11 2015 // The number of vehicles on U.S. roads with potentially defective Takata air bags appears to be less than half the 34 million initially estimated by federal regulators, according to a Reuters analysis of recall records...

Judge Denies Uber Arbitration in Dispute with Drivers

Jun 10 2015 // Uber lost a bid to force arbitration in a lawsuit brought by its drivers, as a U.S. judge ruled the smartphone-based taxi service’s 2013 and 2014 employment contracts dealing with arbitration from were...

Louisiana Driver’s Death May Be 7th from Recalled Air Bag

Jun 10 2015 // A Louisiana woman who got an air bag recall notice for her 2005 Honda Civic two days after the crash that killed her may be the seventh fatality linked to the defective Takata Corp. safety device.The driver, Kylan...

Supreme Court to Hear Tyson Challenge to Damages in Worker Pay Class Action

Jun 10 2015 // The U.S. Supreme Court on Monday agreed to take up Tyson Foods Inc.’s challenge to an almost $5.8 million judgment awarded against the company over worker pay at an Iowa meat-processing facility in a case that gives...

U.S. Pushes for Collision Prevention Technology on All New Cars, Trucks

Jun 10 2015 // U.S. safety officials this week called on automakers to begin installing collision avoidance systems in all new passenger and commercial vehicles, saying existing technology could save lives and avoid injuries by reducing...

Judge Orders Trinity Guardrail Maker to Pay $663M for Cheating Government

Jun 10 2015 // Trinity Industries Inc., maker of a highway guardrail safety system tied to at least nine deaths, was told by a judge to pay $663 million for defrauding the U.S. government.The decision Tuesday by U.S. District Judge...

Cyber Security – ‘a Fast Growing Emerging Risk’ for Companies – S&P Reports

Jun 10 2015 // “For corporate borrowers, as well as Standard & Poor’s Ratings Services’ assessment of credit quality, cyber risk is a growing source of concern, given the increasing frequency of reported...

U.S. Supreme Court Rejects NRA Challenge to San Francisco Gun Law

Jun 9 2015 // The U.S. Supreme Court turned away a National Rifle Association challenge to a San Francisco law that requires people who store handguns at home to either put them in a lockbox or disable them with a trigger lock.Over two...

Obama Seeks ‘Nimble, Aggressive, Well-Resourced’ Cyber Defense

Jun 9 2015 // President Barack Obama vowed on Monday that the United States would aggressively bolster its cyber defenses, as U.S. officials said the probe into a massive breach of federal government networks has yielded growing signs...