All the headlines from our USA Topic Page, ordered by recency.
Jul 19 2024 // Estimated industry insured losses to onshore property from wind in the U.S. for Hurricane Beryl will range between $2 billion to $3 billion, Verisk’s Extreme Event Solutions business unit said.Beryl made landfall...
Jul 18 2024 // Kaspersky Labs will gradually wind down its U.S. operations from July 20, the Russian anti-virus software maker said on Monday, nearly a month after the Biden administration announced plans to bar sales of the company in...
Jul 16 2024 // US Senator Bob Menendez, the once-powerful New Jersey Democrat, was found guilty of bribery, extortion and acting as a foreign agent of Egypt after a corruption trial focused on 13 gold bars, nearly $500,000 in cash and a...
Jul 15 2024 // A new report asserts the impact of business email compromise incidents on U.S. companies is likely underestimated and misunderstood—and it shows that multifactor authentication and cybersecurity awareness programs may be...
Jul 15 2024 // Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S. property/casualty insurers posted a net combined ratio of 94 — the best since...
Jul 11 2024 // Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe modeling company Karen Clark & Co (KCC) said on Thursday.About 1.5 million customers remained...
Jul 10 2024 // Gallagher Names Eaton Exec Director to Support US CargoGallagher appointed of Jonathan Eaton to executive director, responsible for overseeing wholesale to other non-specialist brokers and working with Gallagher offices in...
Jul 8 2024 // A challenge to a Biden administration rule allowing socially conscious investing by employee retirement plans will present an early test of how courts will scrutinize federal regulations after the U.S. Supreme Court said...
Jul 5 2024 // General Motors will pay a $145.8 million penalty and forfeit credits worth hundreds of millions of dollars after a U.S. government investigation found excess emissions from approximately 5.9 million GM vehicles, government...
Jul 5 2024 // ST. LOUIS (AP) — Early last week, floodwater in rural Minnesota pushed debris against a more than century-old dam and then carved a path around it, eroding so much of the riverbank that most of a house fell into the...
Jul 3 2024 // For the second year in a row, the U.S. property/casualty industry booked an underwriting loss of more than $20 billion primarily due to the lackluster performance of personal auto and home insurance lines.The total U.S....
Jul 2 2024 // Coverys Ltd., a UK entity in the Coverys Group of Companies, has received regulatory authority to launch a London company market insurer, effective June 26.Coverys Ltd. is part of Coverys’ dedicated London platforms...
Jul 2 2024 // Delaware is poised to adopt changes to its widely used corporate law that critics argue could weaken U.S. boards of directors in favor of influential investors such as private-equity firms.State lawmakers last week...
Jul 1 2024 // This has been a year of insurance sticker shock in the US. But the man who provides insurance to insurers thinks maybe the shock still isn’t enough to steer people away from risk in a changing climate.“There is...
Jul 1 2024 // More than half of U.S. homeowners did not check their roofs for issues between February 2023 and 2024, according to a recent report by The Hanover Insurance Group.Only 38% of survey respondents reported checking for roof...
Jul 1 2024 // Multiple companies in the United States and Canada experienced a record number of cyber extortion events in 2023 and unprecedented demands, a new report from Marsh shows.The report, Ransomware: A persistent challenge in...
Jul 1 2024 // The U.S. personal insurance sector is positioned for improving underwriting performance in 2024.According to Fitch’s latest U.S. Personal Lines Market Update, the change is predicted amid signs that the previous...
Jun 27 2024 // Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S. property/casualty insurers posted a net combined ratio of 94—the best since first-quarter...
Jun 26 2024 // A dam holding back swollen flood waters in Minnesota was at risk of failure Monday as intense weather buffeted much of the US.The Blue Earth River has cut around the west side of the Rapidan Dam, local officials warned in...
Jun 26 2024 // Novo Nordisk A/S plans to invest $4.1 billion in another US factory, plowing more money into its biggest market amid rising discontent over the cost of its obesity and diabetes drugs.The project in Clayton, North Carolina,...