Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Federal Jury Convicts Former Texas Insurance Agent in Fraud Case
Jul 23 2013 // A former Denton County, Texas, insurance agent has been convicted in an insurance fraud scheme that targeted elderly individuals, U.S. Attorney Sarah R. Saldana of the Northern District of Texas announced. A federal jury...
House Lawmakers Introduce Patent Reform Bill
Jul 23 2013 // Two U.S. lawmakers introduced legislation on Monday to give companies another tool to fight lawsuits brought by companies that specialize in patent litigation. Their bill would broaden the power of the U.S. Patent and...
Canada’s Intact Financial Sees $454 Mn Flood Losses; $24.2 Mn Train Crash
Jul 23 2013 // Canadian P&C insurer Intact Financial said it expected quarterly results would be hurt by losses from a train derailment and fiery explosion in a Quebec town and storm and flood damage in Canada’s oil capital,...
CIWA Announces Changes to Bylaws to Increase Number of Associate Members on Their Board
Jul 23 2013 // Folsom, CA, 07/23/13 – In an effort to gain valuable insight about their company and vendor members, CIWA has elected to revise their bylaws and allow for more associate members. “CIWA is adapting to the...
Judge Dismisses Faulkner Estate’s Copyright Claim Against Woody Allen Movie
Jul 23 2013 // A federal judge in Mississippi has dismissed a lawsuit claiming that Woody Allen’s 2011 film “Midnight in Paris” improperly used one of William Faulkner’s most famous lines. Faulkner Literary Rights...
Toyota Acceleration Case Settlement Gets Final OK
Jul 22 2013 // A U.S. judge on Friday gave final approval to the settlement of a class action lawsuit against Toyota Motor Corp. by plaintiffs who claimed design defects caused some of the company’s vehicles to accelerate without...
People – South Central
Jul 22 2013 // Louisiana Workers’ Compensation Corp. (LWCC) promoted Angie Risley to manager of financial reporting and Shelly Vige to premium audit manager. Risley has been with LWCC since 2003 when she was hired as a senior...
Here Comes Berkshire Hathaway
Jul 22 2013 // Interview with BHSI’s Peter Eastwood on Building a New E&S Giant When a veteran of CNA joined Berkshire Hathaway Specialty Insurance to lead the new venture’s professional liability division a few weeks...
Vermont Rebuts U.S. House Panel on Health Exchange
Jul 19 2013 // The state of Vermont is telling a U.S. House panel that it has every right to set up a state health insurance marketplace and require individuals and small businesses to purchase coverage through it. State officials wrote...
Sinking Sections of New Orleans Levee Prompt Repair
Jul 18 2013 // The Army Corps of Engineers is spending $1.3 million to raise about 4,000 feet of earthen levee in easternmost New Orleans that has subsided so low it wouldn’t be able to withstand a storm surge caused by a so-called...
Berkley Life Sciences Now Lloyd’s Coverholder for U.S. Business
Jul 18 2013 // Berkley Life Sciences, a global life sciences underwriter, has been accredited as a Coverholder, in conjunction with Berkley Global Underwriters, LLC, on behalf of Lloyd’s of London. As a Coverholder, Berkley Life...
Allstate Selling Life Business to London Group
Jul 18 2013 // Clive Cowdery, who earned a fortune cutting deals that consolidated the U.K. life insurance industry, is making a foray into the U.S. by buying a business from Allstate Corp. for $600 million (394 million...
India Grants 3 Month Extension to Iranian Underwriters for Non-Oil Shipments
Jul 18 2013 // India has extended a temporary approval to Iranian underwriters Kish P&I Club and Moallem Insurance Co for covering container and tanker vessels calling at Indian ports, in a move that should clear a backlog of...
BP Sets up Anti-Fraud Hotline for Spill Claims
Jul 17 2013 // BP has set up a hotline for people to report alleged fraud involving claims arising from the company’s massive 2010 oil spill in the Gulf of Mexico. The July 15 launch of the hotline comes a week after a federal...
Treasury Secretary Lew Urges Congress Not to Change Dodd-Frank Reforms
Jul 17 2013 // U.S. Treasury Secretary Jacob J. Lew said he is “stepping on the accelerator” to implement the Dodd-Frank Act and warned lawmakers against trying to change the financial rules overhaul. “Members of...
U.S., China Agree to Restart Investment Treaty Talks
Jul 17 2013 // The United States and China have agreed to restart stalled negotiations on an investment treaty, with Beijing dropping previous efforts to protect certain sectors of its economy from the start. The agreement to resume...
Greenberg Lawyers Say Bernanke Testimony Key to Suit Over AIG Bailout
Jul 17 2013 // U.S. Federal Reserve Chairman Ben Bernanke should be required to testify in Maurice “Hank” Greenberg’s lawsuit over the bailout of American International Group Inc., Greenberg’s lawyers...
New York Judge to Rule If WTC Developer Can Seek Damages From Airlines
Jul 16 2013 // A federal judge is days away from deciding if New York developer Larry Silverstein can recover as much as $3.5 billion from airlines for damages to the World Trade Center on Sept. 11, 2001, on top of more than $4 billion...
BP Gulf Oil Victims Challenge Economic Damages Claim Settlements
Jul 16 2013 // BP Plc’s $8.2 billion settlement of most private economic-damage claims from the 2010 Gulf of Mexico oil spill is unfair and should be rejected, victims opposed to the deal told a federal appeals court. The agreement...
Battery in Honeywell Locator May Have Caused 787 Fire: Source
Jul 16 2013 // Investigators are looking into whether a fire on a Boeing Dreamliner in London last week was caused by the battery of an emergency locator transmitter built by Honeywell International Inc, according to a source familiar...
