Latest USA Headlines

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

Beazley Bets on U.S. Unit to Offset Declining Rates at Lloyd’s Business

Feb 6 2015 // Beazley plc is targeting 5 percent growth for 2015 as the insurer looks to its U.S. unit to help offset falling prices for coverage at its Lloyd’s of London business.Beazley, the first of its peers to report results,...

MiddleOak Exiting Personal Lines; Selling Business to Mapfre

Feb 5 2015 // Spanish insurance giant MAPFRE SA has said it wants to expand and is eying acquisitions in both Europe and the U.S. Barely two months into 2015, it has pulled the trigger on one such deal in New England, reports...

Health Insurer Anthem Hit with Cyber Attack

Feb 5 2015 // Hackers have stolen personal information relating to current and former customers and staff of no. 2 U.S. health insurer Anthem Inc., after breaching an IT system containing data on up to 80 million people, the company...

GM Facing 104 Lawsuits Plus Class Action Tied to Car Defects

Feb 5 2015 // General Motors Co., which has come under media, congressional and courtroom scrutiny over fatalities caused by flawed ignition switches, is defending 104 death and injury lawsuits brought by those who blame accidents on...

New York Train Crash Investigators Ask Why SUV Stopped on Tracks

Feb 5 2015 // Federal investigators are trying to determine why a woman driving a Mercedes-Benz sport-utility vehicle stopped in the middle of railroad tracks, leading to the fiery crash of a New York commuter train in Westchester...

Canadian Insurer Intact Q4 Profit Nearly Doubles to US$164.8 Million

Feb 5 2015 // Intact Financial Corp, Canada’s largest property and casualty insurer, reported a near-doubling in quarterly profit, boosted by strong growth in underwriting income.The company’s net income rose to C$205...

Novamar Insurance Mexico Adds Insurance Products for Expatriates

Feb 5 2015 // Novamar Insurance Mexico has added coverage to its insurance programs for expatriates or anyone traveling to Mexico. Novamar offers the following insurance coverage programs: Auto insurance for both USA-Canada license...

Regulators Determining Fines for Duke After Coal Ash Spill in North Carolina

Feb 4 2015 // A year after the sudden collapse of an old drainage pipe triggered the third largest coal ash spill in U.S. history, regulators say they are still working to determine how much to fine the nation’s largest...

New York Commuter Train in Deadly Crash

Feb 4 2015 // A northbound Metro-North Railroad train ferrying commuters from New York City struck a car during evening rush hour Tuesday in New York’s Westchester County, killing at least six people.Among the dead were passengers...

Though Rising, Ohio Home and Auto Insurance Rates Still Low

Feb 3 2015 // Combined, average homeowners and auto insurance premiums in Ohio are nearly $500 less than national averages, according to the state’s insurance department.Personal lines premiums in the state are among the lowest in...

Ace’s Greenberg: U.S. Safe Destination for Many Investors for Now

Feb 3 2015 // Ace Ltd. Chief Executive Officer Evan Greenberg, whose insurer last week posted a decline in fourth-quarter profit as currency fluctuations pressured results, predicted that recent gains in the dollar will be...

Factbox: U.S.-India Nuclear Deal Designed to Address Industry Liability

Feb 3 2015 // The nuclear “breakthrough understanding” between President Barack Obama and Prime Minister Narendra Modi seeks to allay U.S. concerns about industry liability and unlock billions of dollars in investments into...

Fatal Houston Fender-Bender Shows Shortcomings of Recalls

Feb 2 2015 // By the time Carlos Solis IV laid eyes on the silver Honda Accord in a Texas used-car lot last April, the sedan had changed hands twice, been in at least two crashes and still had a defective air bag that had been recalled...

Uber Probed by U.S. Judge in San Francisco on Driver Employment Status

Feb 2 2015 // A U.S. judge appeared skeptical on Jan. 30 about Uber’s bid for a quick pretrial ruling that its drivers are contractors and not employees, a critical question facing Silicon Valley’s sharing economy.App-based...

Obama Budget: Taxes, Infrastructure, Cybersecurity, Crop Insurance, Wildfires

Feb 2 2015 // President Barack Obama on Monday proposed a $3.99 trillion budget for fiscal year 2016 that sets up a battle with Republicans over programs to boost the middle class that are funded by higher taxes on corporations and...

California Judge Questions Lyft’s Refusal to Pay Drivers as Employees

Jan 30 2015 // Lyft Inc.’s practice of treating drivers as independent contractors was questioned by a federal judge who said that under California law they may be considered employees who would qualify for minimum wage and other...

Democrats File Bill to Create U.S. Food Safety Agency

Jan 30 2015 // U.S. lawmakers proposed a bill this week that would create a single food safety agency by bringing together the oversight functions of the Food and Drug Administration, U.S. Department of Agriculture and other...

Deloitte Insurance Report Keys in on Climate Change

Jan 29 2015 // The potential impact of climate change on the insurance industry was important enough for consulting giant Deloitte Touche Tohmatsu Ltd. to include the topic as a significant part of its recent 2015 Property and Casualty...

U.S. to Update Sex Discrimination Guidelines for Federal Contractors

Jan 29 2015 // The U.S. Department of Labor is proposing to clarify federal contractors’ requirements to prohibit sex discrimination. The recommended changes would revise the Office of Federal Contract Compliance Programs’...

Canopius Expands U.S. Business, Adds Ironshore’s Winfield

Jan 29 2015 // Canopius Group Limited, the global specialty insurance and reinsurance platform of Sompo Holdings, is expanding its its U.S. operations with the appointment of Bradley Winfield as head of U.S. Direct Property.Bradley joins...