Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
International Insurers, Reinsurers to Shoulder Half of Sandy Losses
Mar 11 2013 // International insurance and reinsurance companies are expected to cover half of total insured losses from Superstorm Sandy, an industry association said. Estimated losses from Superstorm Sandy currently stand at over $16...
BP Faces August 2014 Trial on Shareholders’ Gulf Spill Claims
Mar 8 2013 // A U.S. civil trial has been set for Aug. 25, 2014, regarding accusations that BP Plc committed fraud by misleading shareholders before and after the 2010 Gulf of Mexico oil spill about its ability to respond to the...
Family’s Lawsuit Against Charlotte Airport, US Airways Dismissed
Mar 8 2013 // A North Carolina judge has dismissed a lawsuit filed against Charlotte, its airport and an airline by the family of a teen who apparently fell to his death from the wheel well of a jet approaching Boston. Superior Court...
Fidelity Investments Challenged Over Use of ‘Float Income’
Mar 8 2013 // Fidelity Investments, the largest U.S. provider of workplace retirement plans, is facing more accusations it improperly uses customer money earned in overnight accounts to pay its own operating expenses. Three...
EU Parliament Head Sees ‘Enormous Opportunity’ in U.S. Trade Deal
Mar 8 2013 // The head of the European parliament has come out firmly in favor of a trade deal with the United States, soothing concerns that the increasingly influential body could block a deal on which talks are due to start in...
Large Employers to Keep Health Insurance Benefit for Now: Survey
Mar 7 2013 // Most large employers don’t expect to send their full-time employees to government health exchanges for insurance during the next five years, but some retirees and part-time workers will end up there, a new survey has...
U.S. Commercial Lines Rates Up 4% in February: MarketScout
Mar 6 2013 // Commercial lines property/casualty insurance rates rose 4 percent on average in February 2013 compared February 2012, a recent survey revealed. The U.S. commercial insurance rate index, published by MarketScout, shows...
Aon Benfield February Cat Report:U.S. Winter Storms; Russian Meteor
Mar 6 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disasters that occurred...
Trial for BP Shareholders’ Suit Over Gulf Spill Claims Set for 2014
Mar 5 2013 // A U.S. civil trial has been set for Aug. 25, 2014, regarding accusations that BP Plc committed fraud by misleading shareholders before and after the 2010 Gulf of Mexico oil spill about its ability to respond to the...
Cut Crop Insurance Subsidy by $40 Billion, Say Fiscal Conservatives
Mar 5 2013 // A coalition of fiscal conservatives on Tuesday called for a steep cut in federal subsidies for crop insurance, setting up a clash with U.S. farm groups that see the program as their top priority in a new farm bill. Growers...
Ironshore, Lexon Surety to Offer Surety Bonds in U.S.
Mar 5 2013 // Ironshore Inc. and Lexon Surety Group have completed the first stage of a new strategic alliance in the surety market. Lexon writes over $100 million in direct written premium annually and is the 12th largest writer of...
Rehnberg Joins Argo Group as President, U.S. Operations
Mar 5 2013 // Argo Group International Holdings Ltd. announced Kevin J. Rehnberg has been selected to head its U.S. operations. He is based in Argo’s San Antonio headquarters. Previously, Rehnberg served as executive vice...
Dreamliner Could Affect Future of Airline Safety Self-Regulation
Mar 4 2013 // Eight years ago, U.S. regulators substantially increased their dependence on the aircraft industry to help keep flying safe. The U.S. Federal Aviation Administration(FAA) said it would no longer directly manage routine...
White House Says Will Seek ‘Fast-Track’ Trade Authority
Mar 4 2013 // The White House on Friday said it would work for approval of politically contentious legislation that would ease the way for new trade deals, as it tries to wrap up talks on an Asia-Pacific free-trade agreement this...
Firms Saw Rise in Lawsuits, Regulatory Investigations in 2012: Survey
Mar 4 2013 // Companies in the United States and United Kingdom dealt with more litigation last year, while regulatory investigations reached a five-year high, according to a report. Litigation rebounded to 2010 levels in 2012, after a...
Suits Against Army Corps Over Nashville Floods Dismissed
Mar 4 2013 // A federal judge has dismissed a pair of lawsuits claiming the U.S. Army Corps of Engineers was responsible for flood damage in 2010 to the Grand Ole Opry, Gibson Guitar and other Nashville-area businesses. The companies...
AIG Ends U.S. Government Interest with Warrant Buyback
Mar 1 2013 // Insurer American International Group Inc. eliminated the U.S. government’s last financial interest in the company on Friday, buying back warrants from the U.S. Treasury for about $25 million. The government rescued...
Snow and Rain Shrink Drought Area of U.S. Crop Belt
Mar 1 2013 // Light snow fell in much of the drought-stricken U.S. Plains and Midwest crop region early Friday with a bigger storm forecast for late next week, shrinking the area hit by the worst dry spell in 50 years. Agricultural...
FDA Seeks Feedback on New Food Safety Regulations
Mar 1 2013 // The U.S. Food and Drug Administration kicked off a series of public meetings on Thursday to explain its proposed new rules for improving the safety of the nation’s food supply – and gain feedback on the...
BP Executive Says Internal Oil Spill Probe Did Not Weigh Cost Overruns
Mar 1 2013 // BP Plc’s investigation of its disastrous 2010 Gulf of Mexico blowout did not address the impact of cost overruns on the well, a BP executive said on Thursday, in the final day of testimony this week in the massive...
