Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Carriers Committed to D&O Segment
Mar 10 2014 // Several turbulent years of increased claims, more regulation and additional oversight of directors and officers have not deterred carriers from the directors and officers (D&O) liability segment. As more carriers beef...
Brewing Boom
Mar 10 2014 // Microbrewers Make Their Mark The craft beer industry has been chipping away at the U.S. domestic beer market throughout the past decade. And the pace of growth in this specialty niche is not expected to stop anytime...
Business Moves
Mar 10 2014 // AssuredPartners, Bateman Agency Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Donald F. LaPenna Associates Inc. in Clark, N.J., has acquired Bateman Agency Inc. Terms of the transaction were not...
Report: Texas Accounts 40% of U.S. Oil Field Deaths
Mar 10 2014 // Texas accounted for about 40 percent of the 663 workers the U.S. Bureau of Labor Statistics said were killed nationwide in oil field-related industries between 2007 and 2012, according to a Houston Chronicle investigation...
A Buyer’s Market for Reinsurance
Mar 10 2014 // For insurance companies, now is a good time to buy reinsurance. Prices are down and terms and conditions are favorable, according to Mathew Wulf, vice president, state relations and assistant general counsel, for the...
U.S. Rail Industry Adopting New Oil Train Safety Measures
Mar 10 2014 // Many oil-by-rail shipments will slow down through urban areas and track inspections will increase on high-traffic areas in response to a string of fiery derailments in the last several months, the American Association of...
Study: Grandpa and Grandma Much Safer Behind the Wheel
Mar 10 2014 // Safety researchers expressed concern a decade ago that traffic accidents would increase as the nation’s aging population swelled the number of older drivers on the road. Now, they say they’ve been proved...
People – East
Mar 10 2014 // The Hartford Financial Services Group Inc. has appointed Tracey Caffrey Ant as senior vice president of field sales and execution for the company’s middle market segment. She will report to David Carter, head of The...
Seniors Much Safer Behind the Wheel Than Predicted
Mar 10 2014 // Safety researchers expressed concern a decade ago that traffic accidents would increase as the nation’s aging population swelled the number of older drivers on the road. Now, they say they’ve been proved...
Secret Service Agent Says Many Cyber Breaches Go Unreported
Mar 7 2014 // Many breaches in data security may be going unreported by American businesses. That’s according to Kirk Arthur, supervisory special agent for the U.S. Secret Service’s San Francisco field...
National Weather Service Warns Accuracy of Forecasts in Danger Over Damaged Buoys
Mar 7 2014 // The National Weather Service is set to start repairing 70 towering buoys used to track El Nino and La Nina patterns, whose damage has led scientists to warn the accuracy of forecasts is in danger. The Tropical Atmospheric...
El Nino Could Strike as Early as Summer Says U.S. Forecaster CPC
Mar 7 2014 // The much-feared El Nino phenomenon, the warming of sea surface temperatures in the Pacific which can trigger drought in Southeast Asia and Australia and floods in South America, could strike the Northern Hemisphere as...
February Stoms Caused $1 Billion Insured Losses: Aon Benfield’s Cat Report
Mar 6 2014 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has released its latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that...
Increase in Cyber Attacks Costing Millions, Stressing Internet
Mar 6 2014 // Crashing websites and overwhelming data centers, a new generation of cyber attacks is costing millions and straining the structure of the Internet. While some attackers are diehard activists, criminal gangs or nation...
UN Says China, U.S. Climate Cooperation Raises Hopes for Global Deal
Mar 6 2014 // Closer cooperation between China and the United States, the top two greenhouse gas emitters, on combating global warming is boosting prospects for a U.N. deal meant to be agreed next year, the U.N.’s climate chief...
U.S. Congresswoman: Flood Insurance Bill Bad for Michigan
Mar 5 2014 // A U.S. Congresswoman from Michigan wants her state to opt out of the National Flood Insurance Program, saying it’s not good for Michigan homeowners. U.S. Representative Candice Miller (MI-10) voted against H.R. 3370,...
University Of Nevada Earthquake Lab Now World’s 2nd Biggest
Mar 4 2014 // There’s a whole lot of shakin’ going on at the University of Nevada, Reno. UNR’s seismic-simulation facility became the largest in the United States and second largest in the world this week with an...
Court Rules BP Must Honor Terms of $9.2 Billion Oil Spill Settlement
Mar 3 2014 // BP Plc must abide by terms of a $9.2 billion settlement it reached with victims of the 2010 oil spill, a federal appeals court ruled in rejecting the company’s objections that the deal is being misinterpreted by the...
Insurance Units’ Profits Drive Berkshire Hathaway
Mar 3 2014 // Insurance operations contributed $5.7 billion to total operating income of $15.1 billion for Berkshire Hathaway in 2013—with an underwriting profit of $2.0 billion (after taxes) representing the 11th year in a row with...
North Dakota Farmers Accused of Intentionally Spoiling Spuds Plead Not Guilty
Feb 28 2014 // Two brothers who operated a North Dakota potato farm pleaded not guilty to charges they intentionally spoiled their spud crop after the 2006 harvest in order to collect federal disaster payments. Aaron Johnson, 50, and...
