Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Court Grants BP Review of Disputed Claims Paid to Gulf Oil Spill Victims
Oct 3 2013 // BP Plc persuaded an appeals court to order a re-examination of key terms of the 2010 Gulf of Mexico oil-spill settlement that the company said could have cost it billions of dollars in improper payouts. BP said the...
Insurer, Cargo Firm Sue FAA Over Payments for Military Crash in Afghanistan
Oct 3 2013 // National Air Cargo Group Inc. and its insurer sued the U.S. for breach of contract, saying the government failed to provide reimbursement of as much as $45 million for the crash of a Boeing 747-400 on a military mission in...
Researchers Question Privacy of Usage-Based Auto Insurance
Oct 2 2013 // A study by a handful of university professors in Colorado claims user-based insurance tracking programs installed in millions of vehicles can collect data that shows where drivers are going, unbeknownst to most users of...
Possible Shutdown Could Hurt Colorado Flood Recovery
Oct 2 2013 // While officials promise that direct aid to Colorado flooding victims won’t be affected by a possible government shutdown, a standoff in Washington could still end up hurting the state’s recovery...
Supeme Court to Hear Patent Suits Fee Award Cases
Oct 2 2013 // The U.S. Supreme Court will hear two appeals that would make it easier for targets of patent suits to collect attorneys’ fees, agreeing to consider steps that some companies say would deter groundless litigation. The...
Obamacare Day 1: Exchanges Struggled With High Demand; Fixes Promised
Oct 1 2013 // The Obamacare insurance exchanges struggled to handle a flood of consumer interest that closed the U.S. website for much of the day, and caused start up delays for most of the marketplaces run by the states. In New York,...
Clash at Trial: Did BP Lie About Size of Gulf Oil Spill?
Oct 1 2013 // In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs’ lawyers said on Monday at the opening of the second...
New York’s Lawsky Sees Obamacare as Model to Simplify Home Insurance
Oct 1 2013 // Homeowners’ insurance needs to be more standardized because customers are confused about what their policies protect, New York’s financial regulator said. Few fully understand all the complexities of their...
J.D. Power: Personal Lines Agents Missing out on Opportunities in Renters Segment
Sep 30 2013 // Insurance agents who only focus on homeowners insurance customers are missing a golden opportunity to build long-term relationships with renter customers as their insurance needs grow due to life or circumstance...
Federal Government Shutdown Effect on P/C Insurance Industry
Sep 30 2013 // If Congress fails to agree by midnight tonight on a resolution to continue funding the federal government, the property/casualty insurance industry should not be seriously affected by the resulting shutdown. The insurance...
Federal Trade Commission Moves Closer to ‘Patent Troll’ Study
Sep 30 2013 // The U.S. Federal Trade Commission on Friday took another step toward a comprehensive study of “patent trolls” – companies in the business of buying and asserting patents – to see if they are hurting...
Insurers’ Private Firefighters Give Wealthy Homeowners Extra Protection
Sep 30 2013 // Bill Potter wasn’t eager to abandon his high-end house last month during evacuations forced by a massive Idaho wildfire, but he felt reassured when his insurance company sent a team to protect his home near the...
Mississippi Insurance Chief Sues to Halt Flood Insurance Rate Hikes
Sep 29 2013 // The Mississippi Department of Insurance has filed a lawsuit against the federal government to try to block rates from increasing Oct. 1 in the National Flood Insurance Program. State Insurance Commissioner Mike Chaney said...
Insurance Law, Regulation – Jim Wrynn’s Experience Covers It All
Sep 29 2013 // James J. Wrynn, Esq. served as New York’s Superintendent of Insurance from 2009 to 2012, when he joined the law firm of Goldberg Segalla LLP, which specializes in insurance law. His knowledge and experience are both...
ACE Appoints McGrath, Franchi, Sharp to Lead Program Business
Sep 27 2013 // ACE Commercial Risk Services, the small business division of the ACE Group, has appointed Tom McGrath as senior vice president, head of Programs. McGrath will oversee all underwriting, marketing, and operations for the...
Billions at Stake as BP Oil Spill Trial Enters Next Phase
Sep 27 2013 // BP will battle to hold down fines that could hit $18 billion in a new phase of the Gulf of Mexico trial that will rule on how much oil it spilled in 2010 and judge its efforts to plug its well. Starting on Monday in New...
Groups Say Regulators Allow Unsafe Mexican Trucks on U.S. Roads
Sep 27 2013 // Regulators determined to let Mexican trucks on U.S. roads under a trade deal have downplayed safety shortcomings with companies in a border-crossing pilot program, according to safety, trucking and labor groups. Trucking...
Moody’s: Moderate Reserve Releases in U.S. P/C Industry to Continue
Sep 26 2013 // U.S. property and casualty (P/C) insurers continue to release reserves to support earnings, said Moody’s Investors Service in two recent reports. U.S. P/C insurers released $9.0 billion of reserves during the first...
Snowden Leaks, NSA Activities Complicate Push for Cybersecurity Law
Sep 26 2013 // Senior U.S. officials on Wednesday sought to mend fences with the technology industry as they renewed their pleas for legislation to increase the flow of information about cyber attacks between federal agencies and private...
Cooper Gay Swett & Crawford’s CEO Toby Esser on its Global Business
Sep 26 2013 // Toby Esser is a truly global executive. As the CEO of Cooper Gay Swett & Crawford (CGSC), he coordinates the broker’s far flung operations in the UK, Europe, Asia and South America, as well as North America,...
