Latest USA Headlines

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

US Auto Insurers’ Strong Performance to Continue Through 2025: Fitch

Aug 15 2024 // More favorable mid-year 2024 results of U.S. personal auto insurers are likely to continue through the end of 2024 and into 2025 due to material price increases and a moderation of claims severity trends...

US Undercounts Bird Flu in Cattle as Farmers Shun Testing

Aug 15 2024 // The U.S. bird-flu outbreak in dairy cattle is much larger than official figures suggest due to farmers’ reluctance to test their animals and risk the economic consequences of a positive result, according to Reuters...

Wall Street Firms to Pay $470 Million to Settle With US Regulators Over Texting

Aug 15 2024 // Another group of broker-dealer and investment advisers has agreed to pay over $470 million to U.S. regulators to settle civil charges they violated recordkeeping rules, the U.S. Securities and Exchange Commission and...

Report: 10 of Top U.S. Metros at Moderate to Very High Risk of Wildfire Are in California

Aug 13 2024 // Ten of the top 15 metropolitan areas for wildfire risk concentration are in California, while more than 2.6 million homes across 14 states with a total reconstruction cost of $1.3 trillion are at moderate to very high risk...

Federal Judge Tosses Much of Mexico’s Lawsuit Against US Gunmakers

Aug 8 2024 // A U.S. judge dismissed on Wednesday much of Mexico’s $10 billion lawsuit seeking to hold U.S. gun manufacturers responsible for facilitating the trafficking of firearms to violent drug cartels across the U.S.-Mexico...

Pandemic Shifted US Jobs Out of Big Cities Into Smaller Metros

Aug 8 2024 // The pandemic changed where Americans are likely to live and work, with a growing portion of job openings moving away from the biggest cities and into smaller metro areas, according to a Federal Reserve Bank of New York...

Severe Storms (Mostly in US) Account for 70% of Global Insured Natural Disaster Losses

Aug 8 2024 // Global insured losses from natural catastrophes totaled US$60 billion during the first half of 2024, or 62% above the 10-year average, according to preliminary estimates from Swiss Re.Severe thunderstorms (mainly in the...

People Moves: Lockton Names Ryan US President; Everest Names Buonpane and Stewart to Lead US Wholesale

Aug 7 2024 // Lockton Names Ryan US PresidentLockton, headquartered in Kansas City, Missouri, appointed Tim Ryan as U.S. president. Ryan has 19 years of experience as the COO of Lockton’s Northeast business and 30 years of...

As US Heat Deaths Rise, Some Landlords Oppose Right to Air Conditioning

Aug 7 2024 // Summers in New York City are difficult for Anthony Gay and his family. A small, portable air conditioner in his bedroom is the only relief they have from soaring temperatures in their Brooklyn rental.“The rest of the...

Removing US Subsidies Curbed Building in Climate Risk Zones, Study Finds

Aug 6 2024 // The US Congress passed the Coastal Barrier Resources Act in 1982 to preserve relatively undeveloped waterfront areas as natural buffer zones. At least 1.4 million acres along the Atlantic and Gulf coasts were made...

US Expected to Propose Barring Chinese Software in Autonomous Vehicles

Aug 6 2024 // The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter.The Biden administration plans to issue a...

Pennsylvania Says U.S. Deal With Norfolk Southern Falls Short

Aug 5 2024 // Pennsylvania officials contend that a $310 million federal government settlement reached with Norfolk Southern Railway Co. over the 2023 train derailment in East Palestine, Ohio does not adequately meet the needs of...

TikTok Sued by US for Allegedly Breaking Kids’ Privacy Law

Aug 5 2024 // TikTok was sued by the US for allegedly collecting data on children in violation of an online privacy act, three months after the popular video app sued the government over a law that could ban it across the country.In a...

Ryan Specialty Builds with US Assure, a Builder’s Risk Specialist, in Jacksonville

Aug 2 2024 // Ryan Specialty, a publicly traded provider of specialty products for insurance agents, brokers and carriers, has agreed to buy US Assure Insurance Services of Florida, a company specializing in builder’s risk...

Arch Completes Acquisition of Allianz’s U.S. MidCorp and Entertainment Businesses

Aug 1 2024 // Arch Insurance North America it has closed the acquisition of the U.S. MidCorp and Entertainment insurance businesses from Allianz. Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch and will...

Tesla Recalls 1.85 Million US Vehicles Over Unlatched Hood Issue

Jul 31 2024 // Tesla is recalling 1.85 million vehicles in the United States due to risk of software failure to detect an unlatched hood, the automaker said.An unlatched hood could fully open and obstruct the driver’s view, raising...

US Agency Puts Onus on Amazon for Sale of Hazardous Third-Party Products

Jul 30 2024 // Amazon.com is responsible for hazardous products sold by third-party sellers on its platform under the federal safety law and bears legal responsibility for their recall, the U.S. Consumer Product Safety Commission said on...

Secret Ratings Show US Regulator’s Concern on Banks’ Handling of Risks

Jul 25 2024 // A key US regulator has privately found half of the major banks it oversees have an inadequate grasp of a broad swath of potential risks from cyber attacks to employee blunders, according to people familiar with the...

US Judge Will Not Block FTC Ban on Worker ‘Noncompete’ Agreements

Jul 24 2024 // A federal judge on Tuesday rejected a bid by a tree-trimming company to block a U.S. Federal Trade Commission rule from taking effect that would ban agreements commonly signed by workers not to join their employers’...

US Severe Storms Continue to Drive Global Natural Disaster Losses: Gallagher Re

Jul 22 2024 // US severe convective storms (SCS) continued to drive global natural catastrophe losses during the first half of 2024. Of the estimated $61 billion in global H1 insured losses from natural disasters, US SCS accounted for a...