Latest USA Headlines

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

High-Tide Floods to Triple for Some Coastal Cities

Oct 20 2014 // Flooding during high tides, which used to be rare, is now common in some places and could worsen to the point that sections of coastal cities may flood so often they would become unusable in the near future, according to a...

Encroaching Tides: How Sea Level Rise and Tidal Flooding Threaten U.S. East and Gulf Coast Communities over the Next 30 Years

Oct 20 2014 // The “Encroaching Tides: How Sea Level Rise and Tidal Flooding Threaten U.S. East and Gulf Coast Communities over the Next 30 Years,” can be found at www.ucsusa.org. The study contains profiles on how tidal...

P/C Insurers’ Net Income Rose in First-Half of 2014

Oct 20 2014 // U.S. property/casualty insurers’ net income rose $1.6 billion to $26.0 billion in first-half of 2014 while pretax operating income fell $1.9 billion to $23.9 billion in first-half 2014, a decrease driven by lower...

AIG Ex-CEO Liddy Defends Closeness with Government During Bailout

Oct 19 2014 // Former American International Group Inc. Chief Executive Officer Edward Liddy defended his decision to work closely with the government at the time of the company’s 2008 bailout, saying he hoped to win concessions on...

Detroit Settles with Bond Insurer; Chance of Debt Plan Success Boosted

Oct 17 2014 // Detroit settled with one of its last major creditors, bond insurer Financial Guaranty Insurance Co., bringing the city closer to ending the biggest-ever U.S. municipal bankruptcy.The remaining holdout creditors, led by...

Global Indemnity to Acquire American Reliable from Assurant Specialty

Oct 17 2014 // Assurant Specialty Property, a business segment of Assurant Inc., has agreed to sell its general agency business and associated insurance carrier, American Reliable Insurance Co., to Global Indemnity Group Inc., the U.S....

AIG Ex-CEO Liddy Testifies on Role in Bailout

Oct 17 2014 // Former American International Group Inc. Chief Executive Officer Edward Liddy testified he chose not to buck government overseers who selected him to run the bailed- out insurer.Developing trust with regulators was for the...

Computer Model Predicts 2 Dozen Ebola Cases in U.S. This Month

Oct 16 2014 // There could be as many as two dozen people in the U.S. infected with Ebola by the end of the month, according to researchers tracking the virus with a computer model.The actual number will probably be far smaller and...

Hurricane Gonzalo Bears Down on Bermuda

Oct 16 2014 // The last major hurricane to strike land anywhere in the Atlantic basin was Sandy in 2012. That may change tomorrow as Hurricane Gonzalo bears down on Bermuda.Gonzalo again became a Category 4 storm today, the first since...

AIG Bailout Trial Probes Role of Ex-CEO Liddy

Oct 16 2014 // Former American International Group Inc. Chief Executive Officer Edward Liddy will face a key question on the witness stand in a trial over claims shareholders were cheated of at least $25 billion in the insurer’s...

Obamacare Mitigates Costs for Big Employers, Refuting Lobbyists’ Predictions

Oct 16 2014 // Business groups said soon after Obamacare became law in 2010 that the sweeping healthcare overhaul would impose huge new costs on U.S. employers, leading to job losses.Three years later, with the Patient Protection and...

Second Healthcare Worker Tests Positive for Ebola at Texas Hospital

Oct 15 2014 // A second healthcare worker in Texas tested positive for Ebola after caring for a patient with the deadly viral illness, adding to concern that infection controls at U.S. hospitals aren’t strong enough.The worker at...

U.S. Eyes Sale of New York’s Waldorf Hotel to Chinese Insurer

Oct 15 2014 // Concerned about potential security risks, the U.S. government is taking a close look at last week’s sale of New York’s iconic Waldorf Astoria hotel to a Chinese insurance company.U.S. officials said Monday they...

AIG’s Barone Joins Beazley’s Fidelity and Crime Insurance Unit

Oct 15 2014 // Beazley Plc hired Matt Barone from American International Group Inc., becoming the second insurer in a month to recruit from AIG to build groups that sell coverage protecting corporate clients against crimes.Barone joins...

CDC Steps Up Ebola Risk Management, Names Expert Team for Hospitals

Oct 15 2014 // A team of infection experts will be sent to any U.S. hospital with a confirmed Ebola case, according to the nation’s top disease control official, who said such a group could have prevented the infection of a Dallas...

Toyota Recalls 1.75 Million Vehicles Worldwide for Fuel, Brake Flaws

Oct 15 2014 // Toyota Motor Corp., the automaker under supervision in the U.S. by an independent safety monitor, recalled 1.75 million vehicles worldwide to fix flaws in the braking and fuel systems.The Lexus IS, GS and LS luxury sedans...

Texas Leads U.S. in Road Fatalities, Needs Transportation Funding

Oct 14 2014 // Gus Pando lost his mother last year in a crash at an intersection where a county road crossed four lanes of vehicles barreling by at 75 miles an hour. At the same Odessa, Texas, junction in August, a family friend was...

AIG Bailout Trial Shifts to Former AIG Executives, Other Regulators

Oct 14 2014 // The trial over the American International Group Inc. bailout shifts this week from the architects of the 2008 rescue, who spent days testifying as to why they imposed the terms they did on the ailing insurer, to the...

Trinity Industries Facing Another Liability Trial Over Guardrails

Oct 14 2014 // Trinity Industries Inc. is set to defend itself a second time at trial against $1 billion in claims that its highway guardrail systems lock up and puncture cars on impact — sometimes with fatal consequences.Joshua...

Fed’s Lacker Calls for U.S. to Let Failed Financial Firms Unwind

Oct 14 2014 // U.S. regulators need to complete a comprehensive bankruptcy program implementation to allow large financial institutions to unwind in the event they fail, rather than depend on government interventions, a top Fed official...