Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Louisiana High Court Strikes Down Immigrant Driver Law
Oct 18 2013 // The Louisiana Supreme Court has struck down a state law that made it a crime for people who aren’t U.S. citizens to drive here without carrying proof of their immigration status. The divided court ruled that the...
XL Group’s Insurance Operations Grow in Dallas
Oct 17 2013 // XL Group announced an expansion of its insurance operations in Dallas. The company’s U.S. Risk Management business is setting up operations in Dallas and welcoming Gabriel Martinez as casualty underwriting director....
Health Cost Increases in 2013 Were Lowest in Decade: Aon Hewitt
Oct 17 2013 // There was some relatively good news in health care this year. U.S. employers and their employees saw the lowest health care premium rate increases in 2013 in more than a decade, according to global consultant Aon...
SEC Battles Industry Fund over Stanford Victims’ Claims
Oct 17 2013 // U.S. regulators sought to overturn a 2012 court ruling that prohibited victims of Allen Stanford’s $7 billion Ponzi scheme from seeking compensation, in an unprecedented legal battle between the government and an...
Bernanke Excused from Testifying in Greenberg’s Suit Over AIG Bailout for Now
Oct 16 2013 // Federal Reserve Chairman Ben Bernanke does not have to testify in the multibillion-dollar lawsuit by the former chief of American International Group Inc. against the United States over the insurer’s 2008 bailout, a...
AIG Launches Product Recall Estimate Service, Raises Contaminated Product Limits
Oct 16 2013 // In response to the growing financial impact and frequency of product recalls for food and beverage manufacturers, distributors and importers in the U.S. and Europe, American International Group (AIG) today launched NOVI, a...
Ex-Halliburton Manager Pleads Guilty in BP Case
Oct 16 2013 // A former Halliburton manager pleaded guilty on Oct. 15 to destroying evidence in the aftermath of the deadly rig explosion that spawned BP’s massive 2010 oil spill in the Gulf of Mexico. Anthony Badalamenti, 62, of...
Supreme Court Tackles Suits Against Firms for Human Rights Violations Abroad
Oct 16 2013 // A majority of U.S. Supreme Court justices raised doubts on Tuesday over whether Daimler AG can be sued in federal court for allegations that a subsidiary violated the human rights of workers at a plant in Argentina in the...
EQECAT President Paul Little on Cat Models – from the General to the Specific
Oct 11 2013 // EQECAT’s President Paul Little explains how cat models have evolved from the general to the specific and what’s now required to create good ones. He also foresees cellular technology – iPhones, Androids,...
Defective Drywall: Chinese Maker Questions Ruling
Oct 11 2013 // A Chinese drywall manufacturer asked a federal appeals court on Oct. 9 to overturn a judge’s ruling that U.S. courts have jurisdiction over claims that its defective product wrecked thousands of homes. A three-judge...
Tens of Thousands Flee Vast Cyclone Phailin Bearing Down on India
Oct 11 2013 // Tens of thousands fled their homes in coastal areas of eastern India and moved to shelters on Friday, bracing for the fiercest cyclone to threaten the country since a devastating storm killed 10,000 people 14 years...
Number of Homes at Risk of Wildfire in Western States Jumps 62%: CoreLogic
Oct 11 2013 // The number of homes at risk from wildfires in western U.S. states jumped 62 percent in the past year as more properties were developed in fire-prone areas, according to a report released on Thursday. About 1.2 million...
AIG Sued by Small Businesses Over Workers’ Compensation Reporting
Oct 10 2013 // Class action lawsuits in federal courts on both coasts have been initiated on behalf of small businesses in California, New York and New Jersey against American International Group (AIG) over workers’ compensation...
U.S. Cites 24 Violations in Fatal Blast at Texas Plant in April
Oct 10 2013 // The fertilizer facility in Texas that exploded earlier this year, killing 15 people, was cited yesterday by the Occupational Safety and Health Administration for 24 violations of worker safety protections and issued a...
Financial Stability Regulators Discuss Debt Limit, Government Shutdown
Oct 10 2013 // U.S. financial regulators discussed the federal debt ceiling and the effect of the government shutdown on market monitoring during a phone conversation on Tuesday, a Treasury Department spokesman said. The Financial...
Progressive: Investment Income Slips; Premiums and Auto Policies Up
Oct 10 2013 // Progressive Corp., the fourth-largest U.S. auto insurer, said profit dropped 16 percent as investment income declined for a 12th straight quarter. Third-quarter net income decreased to $232.4 million, or 39 cents a share,...
Report: $189B in Western U.S. Properties High Wildfire Potential
Oct 10 2013 // Despite a little touch of some wetter and cooler weather, the 2013 wildfire season isn’t over, and the Western states in particular should be prepared for a few more potentially active months. That’s according...
Regulators Map Out First Capital Blueprint for Large Insurers
Oct 10 2013 // The world’s largest insurers could be forced to raise fresh capital under rules proposed by regulators on Wednesday that echo measures imposed on the banks to avert another financial crisis. The insurance industry...
Zurich Launches Side A D&O Coverage for Corporate Leaders in the U.S. and Abroad
Oct 10 2013 // Zurich has introduced a new Side A D&O policy that addresses the evolving litigation landscape and provides coverage for liability exposures in the global marketplace, including China, Brazil, Mexico, Japan and India....
N.J. Group Urges Gov’t to Establish Extreme Weather Superfund for Future Disasters
Oct 9 2013 // A New Jersey-based nonprofit group is calling on the federal government to establish a permanent funding source to prepare for future natural catastrophes. The group, called US Strong, says in its new report that an...
