All the headlines from our USA Topic Page, ordered by recency.
Nov 19 2020 // The U.S. communications regulator on Wednesday approved a plan to allow a growing number of wireless devices to use part of a spectrum previously set aside for automakers to develop methods for vehicles to communicate with...
Nov 19 2020 // Today’s Lloyd’s of London market for casualty insurance is marked by rising prices, reduced capacity, and buyers embracing more self-insurance, according to underwriters at Lloyd’s.It is also marked by...
Nov 19 2020 // U.S. Administrator Claims has promoted Michael Goff to senior director to lead all claim operations.In addition to this promotion, the company has also hired Greg Whalen to be director of General Liability and Property...
Nov 19 2020 // A Minnesota insurance agent has been charged with client theft of approximately $524,000, the U.S. Justice Department says.On Nov. 18, U.S. Attorney Erica H. MacDonald reported that John David Paulson, 56, is under federal...
Nov 18 2020 // U.S. President-elect Joe Biden has an opportunity to start fresh with China, a move that would benefit both nations, Maurice “Hank” Greenberg, chairman of Starr Insurance Companies, told Reuters on...
Nov 18 2020 // The U.S. insurance industry has achieved only modest gains in increasing diversity over the last 10 years, according to government data compiled by S&P Global Market Intelligence.S&P found that the percentage of...
Nov 18 2020 // After nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing Co. won approval on Wednesday from the U.S. Federal Aviation Administration to fly its 737 MAX jet again after two fatal...
Nov 18 2020 // Final results from Pfizer Inc.’s COVID-19 vaccine trial showed its shot had a 95% success rate and two months of safety data, paving the way for the drugmaker to apply for an emergency U.S. authorization within days,...
Nov 17 2020 // A 57-year-old Snohomish, Wash., insurance agent was charged this week in U.S. District Court in Seattle with five counts of wire fraud for her theft of approximately $750,000 in premium payments from various insurance...
Nov 17 2020 // The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it was expanding a probe into nearly 159,000 Tesla Model S and Model X vehicles, upgrading it to an engineering analysis, a step required...
Nov 16 2020 // Moderna Inc.’s experimental vaccine is 94.5% effective in preventing COVID-19 based on interim data from a late-stage trial, the company said on Monday, becoming the second U.S. drugmaker to report results that far...
Nov 16 2020 // After a standoff with global regulators, management turmoil and a massive safety review, Boeing Co. is set to win U.S. approval on Wednesday to resume flights of its grounded 737 MAX.But the largest U.S. airplane maker...
Nov 16 2020 // Chaucer, the London-based specialty re/insurance group, announced the launch of a reinsurance branch in Bermuda to provide U.S. clients with greater access to its underwriting expertise and capacity. This follows the...
Nov 16 2020 // McDonald’s Corp. will inspect all its U.S. restaurants to ensure compliance with safety standards as coronavirus cases surge again and “COVID fatigue” sets in, according to an internal note seen by...
Nov 16 2020 // Brokers Guy Carpenter and Marsh, two business units of Marsh & McLennan, announced the appointment of Dean Klisura as president of Guy Carpenter, effective October 1, 2020.In this newly-created role, Klisura will be...
Nov 16 2020 // The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best...
Nov 16 2020 // Global commercial insurance pricing rocketed 20% higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update.Marsh said the jump was the largest...
Nov 16 2020 // Catastrophe risk modeler RMS has estimated that insured losses from Hurricane Zeta could rise to as high as $5 billion in the U.S.That figure is slightly higher than estimates announced earlier by catastrophe modelers AIR...
Nov 13 2020 // A U.S. judge on Thursday dismissed a libel lawsuit filed by President Donald Trump’s re-election campaign against CNN over a 2019 opinion piece which it said suggested the campaign would be open to Russian...
Nov 13 2020 // The U.S. Federal Reserve for the first time called out climate change among risks enumerated in its biannual financial stability report, and warned about the potential for abrupt changes in asset values in response to a...