Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Healthcare Firms at Risk; Hackers Value Medical Records Over Credit Data
Sep 26 2014 // Your medical information is worth 10 times more than your credit card number on the black market. Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the largest U.S. hospital...
Turtles, ’60s Band, Wins Classic Song Copyright Case Against Sirius Radio
Sep 24 2014 // A U.S. judge has sided with members of the 1960s band the Turtles in their dispute with Sirius XM Holdings Inc., ruling the satellite radio provider infringed on copyrights by airing their pre-1972 songs without paying...
BP Loses Bid to Recover Oil Spill Overpayments
Sep 24 2014 // BPlc can’t recover hundreds of millions of dollars it claims to have overpaid some victims for economic losses from the 2010 Gulf of Mexico oil spill, a U.S. judge said. After the court revised the method for...
Guy Carp’s Vice Chairman Explains Multiple Tasks of a Modern Reinsurance Broker
Sep 24 2014 // Following a presentation from Guy Carpenter, moderated by the CEO Alex Moczarski, we caught up with the company’s Vice Chairman David Priebe, who explained just what’s involved in operating one of the...
Forecast Calls for More Drought Next Year Across West
Sep 23 2014 // Forecasters say severe drought or worse will continue into next year across much of the West, including parts of western Utah, most of Nevada and practically all of California. Below-normal precipitation and normal or...
New York’s Lawsky Says Punishing Individuals Is Essential to Deterrence
Sep 23 2014 // Punishing executives for misconduct at banks is essential to deter wrongdoing on Wall Street, New York’s banking regulator said. “Just damning the entire firm is often times counterproductive,” Benjamin...
U.S. Jury Finds Arab Bank Liable Under Terrorist Financing Law
Sep 23 2014 // A U.S. jury on Monday found Arab Bank Plc liable for providing material support to Hamas and said it must compensate victims of two dozen attacks attributed to the Islamic militant group in Israel and the Palestinian...
Owner’s Guilty Verdict in Peanut Poisoning Trial Called Warning
Sep 23 2014 // Food safety advocates say a guilty verdict in a rare federal food-poisoning trial should send a stern warning to anyone who may be tempted to place profits over people’s welfare. More than five years after hundreds...
Surplus Lines Rate Hikes to Slow As Competition Grows
Sep 23 2014 // Two insurance rating entities see slowing rate increases for the surplus lines segment in the coming months as competition grows. Moody’s Investors Service said that the U.S. excess and surplus lines sector is...
Duperreault, Reardon and Deutsch Lead Hamilton Re into the ‘Data Analytics’ Future
Sep 22 2014 // If you’re going to successfully operate a relatively new reinsurance company in these troubled times, you better know what you’re doing. Fortunately Bermuda-based Hamilton Re would seem to pass muster. Firstly,...
3 from Lockton Join Expanding JLT Specialty’s Cyber Team in U.S.
Sep 22 2014 // JLT Specialty Insurance Services Inc., the U.S. subsidiary of specialty insurance and reinsurance broker Jardine Lloyd Thompson Group plc (JLT), has named several cyber risk specialists to its cyber risk team in the...
Companies to Pledge Action on Climate Change at UN Summit
Sep 22 2014 // While U.S. President Barack Obama and more than 100 other world leaders will meet in a summit devoted to climate change, the most tangible action on global warming this week may come from companies. Mars Inc. and others...
AG Holder Seeks Tools to Prosecute Executives for White Collar Crimes
Sep 22 2014 // U.S. Attorney General Eric Holder last Wednesday called for Congress to take steps to help prosecutors build criminal cases against senior Wall Street executives, saying companies often insulated their leaders from...
Business Moves
Sep 22 2014 // Arthur J. Gallagher Risk Management, Dezelan Insurance Agency Arthur J. Gallagher Risk Management Services Inc. has acquired Dezelan Insurance Agency located in Indianapolis. Founded in 1927, Dezelan Insurance Agency is a...
People – Southeast
Sep 22 2014 // Insurance broker and risk consultant Marsh reported that Thadd Wallace has joined the firm as a managing director in the Global Risk Management Practice in Atlanta. In this role, Wallace will work with Don Bailey, head of...
10 Things to Know About Intellectual Property
Sep 22 2014 // Total global intellectual property applications worldwide in 2012: Patent – 2.35 million; Utility Model – 827,500; Trademark – 6.58 million; Industrial Design – 1.22 million. — World Intellectual...
Safety Coalition Sues U.S. Over Missing Trucker Training Rules
Sep 21 2014 // The U.S. Federal Motor Carrier Safety Administration was sued by a coalition of groups seeking to force the agency to issue stiffer rules for training entry- level truck drivers. Regulators have missed multiple deadlines...
Greenberg’s Starr Sues U.S. Over Tax Dispute
Sep 21 2014 // Maurice “Hank” Greenberg’s Starr International Co. seeks a refund for overpayment of taxes for 2007 in a $38 million lawsuit against the U.S. The Internal Revenue Service has taken no action on...
Insurers Bonding with Climate Change Battle
Sep 18 2014 // Nearly one-in-five major investors in green bonds issued by one of the world’s largest players in that market is coming from the insurance industry. If you haven’t heard much about green bonds and insurance...
Nightclub Insurer Owner in Maryland Charged in $100M Policyholder Fraud
Sep 18 2014 // The owner of a Maryland-based insurer faces fraud charges for inflating the ratings of his company to win business, according to an indictment which seeks to recover more than $100 million in premiums his clients...
