Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Spain’s Mapfre Seeking to Make Acquisitions in Europe and U.S.
Dec 1 2014 // Mapfre SA, the biggest insurer in Spain, is seeking to expand and may make acquisitions in Europe and the U.S., Chairman Antonio Huertas said. The company isn’t constrained by regulators’ efforts to stiffen...
World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord
Dec 1 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord. The same report says that the...
A New Year, A New Congress
Dec 1 2014 // Looking ahead to the next Congress, the Dodd-Frank Act faces renewed scrutiny, including the Financial Stability Oversight Council process and the lack of transparency and quantitative analysis before making decisions. As...
2014 State Specialist P/C Insurers Revealed
Dec 1 2014 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners (NAIC). The 11...
People – South Central
Dec 1 2014 // The Texas Surplus Lines Association Inc. elected Penny Restrepo president of the organization for the coming year, along with other officers and directors at its annual meeting in Austin on Nov. 10. Restrepo is vice...
Micro Lending in the U.S.
Dec 1 2014 // While microfinance is largely associated with developing nations, microfinance in the United States has been around since the 1980s, according to a 2011 report, “American Offshoots: Will Microfinance Ever Really Take...
Workplace Wellness Battle Could Jeopardize Firms’ Support for Obamacare
Nov 30 2014 // Leading U.S. CEOs, angered by the Obama administration’s challenge to certain “workplace wellness” programs, are threatening to side with anti-Obamacare forces unless the government backs off, according...
Insurers’ Winter Storm Losses to Climb Due to Polar Vortex: I.I.I.
Nov 26 2014 // Insured losses from winter storms in the U.S. will climb well above $2.5 billion in 2014, double the annual average over the previous two decades. The Insurance Information Institute says the polar vortex will be...
Vaccine Claims System Slow to Compensate Injured
Nov 26 2014 // All but broken by her son’s violent and unexplained seizures, by so many panicked trips from the crib to the emergency room, Jeffrey McCord’s mom thought her desperate search for both answers and help was...
U.S. Regulators, Insurers Skeptical of Global Capital Standards
Nov 25 2014 // A new report commissioned by the Property Casualty Insurers Association of America and the National Association of Mutual Insurance Companies has found there would be significant economic costs associated with imposing...
Honda Admits Not Reporting U.S. Claims; Could Face Record Fine
Nov 25 2014 // Honda Motor Co. said it failed to report more than 1,700 claims of injury or death involving its cars to U.S. regulators, a violation that would be one of the biggest in history and could lead to a fine of $35 million. In...
Documents At End of AIG Bailout Testimony Could Aid Greenberg
Nov 24 2014 // The Federal Reserve Bank of New York’s legal advisers sought to devise ways to avoid accountability to shareholders in the 2008 bailout of American International Group Inc., according to evidence introduced at the...
Superstorm Sandy Victims Allege Racketeering in Flood Claims Review
Nov 24 2014 // Wright National Flood Insurance Co. and U.S. Forensic LLC, an engineering firm, were sued by New York homeowners who claim the companies conspired to manipulate reports and avoid paying for damages from Hurricane Sandy in...
Quiet Atlantic Hurricane Season Coming to End
Nov 24 2014 // The Atlantic hurricane season will officially end November 30, and will be remembered as a relatively quiet season as was predicted, according to weather scientists at the National Oceanic and Atmospheric Administration...
House Republicans Sue Obama Over Delay in Health Insurance Mandate
Nov 24 2014 // U.S. House Republicans sued President Barack Obama’s administration over implementation of the 2010 healthcare law, saying the president exceeded his authority by delaying part of the program. The complaint filed...
Target: Retailer Owes No Duty to Banks in Data Breach
Nov 23 2014 // A Target Corp. lawyer told a judge that the company had no legal obligation to banks that claim to have lost tens of millions of dollars after a hack last year on the retailer’s payment processing systems. Target...
Missouri Insurance Director Huff Honored for Distinguished Service
Nov 21 2014 // Missouri Department of Insurance Director John M. Huff has received the Distinguished Service Award from the National Association of Insurance Commissioners. He was recognized for his tenure on the U.S. Department of...
Honda: Require Car Owners to Comply with Recalls
Nov 21 2014 // Honda Motor Co. wants regulators to make U.S. motorists comply with carmakers’ recall notices. Amid reports of people killed because they didn’t know their cars had a defect, an executive with the Japan-based...
Blankenship Pleads Not Guilty to Charges Linked to Massey Mine Explosion
Nov 21 2014 // Former Massey Energy chief Donald Blankenship pleaded not guilty to charges linked to the West Virginia mine explosion that killed 29 workers in the worst U.S. coal industry disaster in almost 40 years. The former...
Hospitals Improvise on Safety to Treat Ebola Patients
Nov 21 2014 // What does it take to Ebola-proof a hospital? Over the past few months, U.S. medical centers have spent millions of dollars putting together a plan to treat patients with the scary, but extremely rare disease. To a large...
