Latest USA Headlines

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

PCI Encouraged by Progress in ‘Trade in Services’ Agreement

Jun 19 2014 // David Snyder, the Property Casualty Insurers Association of America’s (PCI) vice president, international policy, has issued the following statement on the progress in the Trade in Services Agreement (TiSA) and...

Climate Change Bottom-Line Talk Grows, S&P Director Says

Jun 18 2014 // Companies and governments worldwide are changing their behaviors and examining their risks in the face of climate change, a managing director for Standard & Poor’s said as he held up the insurance industry as a...

EEOC Sues N.Y. Health Firm for Religious Discrimination

Jun 18 2014 // A Syosset, N.Y.-based health network violated federal law when it forced employees to take part in religious activities in the workplace and fired employees who opposed such activities, the U.S. Equal Employment...

ANV Launches U.S. Managing General Underwriter for D&O

Jun 18 2014 // ANV Holdings BV, the specialty insurance business, headquartered in the Netherlands, announced the opening of its first U.S. Market Managing General Underwriter (MGU), to be led by Peter McKeegan.ANV said the “team...

ImageCat Teams with CoreLogic for Data Analysis to Reduce Underinsurance

Jun 17 2014 // US and London-based risk management company ImageCat has flowed up its successful launch of “inhance” with a new partnership with the global property information, analytics and data services provider CoreLogic,...

New Technologies Promise Less Risky Nuclear Fuel

Jun 16 2014 // The explosions that damaged a crippled Japanese nuclear plant during a disaster that forced mass evacuations in 2011 show what can happen when nuclear fuel overheats.In response to the Fukushima Dai-ichi accident, the U.S....

Insurance Capacity for Oil & Gas Is Plentiful but Contract Wording May Be Tricky

Jun 16 2014 // The insurance capacity is there to cover the risks associated with the current oil and gas boom in Texas and the nation, experts say, but agents and their customers should be vigilant in their efforts to understand the...

Amazon Workplace Faces Safety Scrutiny After 2 Deaths

Jun 16 2014 // Amazon.com Inc.’s labor issues are growing at its sprawling network of fulfillment centers, where it ships everything from books to big-screen televisions.The U.S. Department of Labor said last week that it’s...

Judge Sets May 2015 Date for BP Investors’ Suit Over Oil Spill

Jun 16 2014 // A U.S. judge set a May 2015 trial date on Friday for BP Plc to face claims in a lawsuit accusing the company of misleading investors about the severity of the 2010 Gulf of Mexico oil spill.U.S. District Judge Keith Ellison...

Best Affirms Wind River Re/Global Indemnity and Subs Ratings

Jun 16 2014 // A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Bermuda-based Wind River Reinsurance Company, Ltd. and its U.S....

BP, Andarko Must Face Fines for Gulf Oil Spill

Jun 16 2014 // A U.S. appeals court on June 4 said BP Plc and Anadarko Petroleum Corp must face penalties under federal pollution laws in connection with the 2010 Gulf of Mexico oil spill, which could expose the companies to billions of...

Supreme Court Declines to Halt BP Spill Payments

Jun 16 2014 // The U.S. Supreme Court on June 9 declined to block payments BP PLC is required to make to businesses demanding compensation for the 2010 Gulf of Mexico oil spill as the company fights a lower court ruling.The high court...

Court Rules Searchable Database Is ‘Fair Use’ of Copyrighted Books

Jun 15 2014 // Universities and research libraries that created a searchable online database for millions of books did not violate copyright protections belonging to authors whose works were scanned, a U.S. appeals court ruled last...

Indiana Police Using Water-Based Chemical to Fight Theft

Jun 13 2014 // A northwestern Indiana police department is one of the first law enforcement agencies in the country to distribute a theft-deterring chemical that leaves DNA-like “signatures” on property and those who attempt...

Armstrong Questioned Under Oath in Case Brought by Dallas Insurer

Jun 13 2014 // Lance Armstrong, stripped of seven Tour de France victories and banned from professional cycling in 2012, was questioned under oath for the first time since he admitted doping in an Oprah Winfrey interview last...

On the Road: Are America’s Guardrails Dangerous?

Jun 13 2014 // Before dawn on Feb. 23, Darius Williams ran his Nissan Sentra off a North Carolina interstate at 80 miles per hour. A length of guardrail pierced his door, according to the police report, driving the 24-year-old’s...

Ratings Roundup: Toa Re, GeoVera, Argus Group

Jun 13 2014 // A.M. Best has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa-” of The Toa Reinsurance Company Limited, based in Japan, and its subsidiary, The Toa...

BP Engineer Gets New Trial Over Oil Spill Evidence

Jun 13 2014 // A former BP Plc senior engineer found guilty last year of destroying evidence related to the 2010 Gulf of Mexico oil spill was granted a new trial based on his claim of juror misconduct during deliberations.Kurt Mix was...

Stakes for P/C Insurers ‘High’ If Congress Shifts TRIA Burden: Moody’s

Jun 11 2014 // If Congress acts to extend the federal government backstop for terrorism insurance, the new version will likely impose higher deductibles and risk retentions on U.S. property/casualty insurers, says Moody’s Investors...

Businesses Lobby Delaware to Keep ‘Loser Pays’ Option in Shareholder Suits

Jun 11 2014 // Big business is lobbying Delaware lawmakers for corporate bylaws to shift legal fees to shareholders who sue and lose, which legal experts say could curtail a booming type of investor class actions.An affiliate of the U.S....