Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Multilateralism in Trade is ‘Dead’ Says French Industry Minister
Jan 10 2013 // Multilateral trade deals are “dead”, France’s industry minister said on Tuesday, professing a preference for bilateral accords as the 27-nation European Union and the United States prepare to begin talks...
Why U.S. Lags Other Wealthy Nations in Health Measures
Jan 10 2013 // Overeating, lack of health insurance access and comparatively high poverty are among the many reasons why Americans are less healthy and die younger than people in other wealthy countries, a report requested by the U.S....
Supreme Court Weighs Government’s Statute of Limitation in Civil Penalty Cases
Jan 9 2013 // The U.S. Supreme Court on Tuesday appeared poised to curtail the power of the top federal securities regulator to seek civil penalties after exceeding the usual time limit for fraud investigations. In oral argument,...
U.S. Insurers Should Be Stable in 2013, Says S&P
Jan 9 2013 // U.S. insurance sectors are generally poised for stable credit trends in 2013, resulting from strong balance sheets, a stable business climate, and improved enterprise risk management, according to Standard &...
AIG Says It Has Obligation to Consider Bailout Lawsuit; Critics Pounce
Jan 9 2013 // American International Group Inc., the insurer rescued by the U.S. government in 2008, said on Tuesday it is considering joining a lawsuit that claims the bailout terms were unfair, drawing angry condemnation from...
AIG May Join Suit Against Federal Government Over ‘Unfair’ Bailout Terms
Jan 8 2013 // American International Group Inc., the insurer rescued by the U.S. government in 2008 with a bailout that ultimately totaled $182 billion, may join a lawsuit against the government alleging the terms of the deal were...
Supreme Court Considers Travelers Insurance Case on Limiting Class Actions
Jan 7 2013 // The U.S. Supreme Court on Monday weighed whether to impose new limits on class-action lawsuits, as it reviewed whether a homeowner’s lawsuit against his insurer belonged in a state court considered friendly to...
NOAA: 2012’s U.S. Billion-Dollar Extreme Weather Events ‘Impressive’
Jan 4 2013 // Last year may not have measured up to 2011 in terms total damages or havoc wreaked, but the nearly dozen recorded billion-dollar weather related events still ranks as impressive. That’s according to the National...
FDA Proposes New Food Safety Rules
Jan 4 2013 // U.S. regulators proposed new food safety rules on Friday that aim to make food processors and farms more accountable for reducing foodborne illnesses that kill or sicken thousands of Americans annually. The new rules,...
Transocean to Pay $1.4B to Settle Over BP Oil Spill
Jan 4 2013 // Transocean Ltd. agreed to pay $1.4 billion to settle U.S. government charges over BP Plc’s massive Gulf of Mexico oil spill in 2010 and the rig contractor admitted that its crew on the Deepwater Horizon was partly...
Transocean to Pay $1.4 Billion to Settle Charges from BP Oil Spill
Jan 4 2013 // Transocean Ltd agreed to pay $1.4 billion to settle U.S. government charges over BP Plc’s massive Gulf of Mexico oil spill in 2010 and the rig contractor admitted that its crew on the Deepwater Horizon was partly...
Drought Persists in U.S. Plains; Slight Improvement in Midwest
Jan 3 2013 // Snowfall in parts of the U.S. Plains last week had little impact on historic drought gripping the region, but parts of northern Illinois and southern Wisconsin showed slight improvement, weather experts said. A weekly...
Munich Re 2012 Cat Report Underscores Extreme Weather in U.S.; Sandy Losses
Jan 3 2013 // The figures for natural catastrophse that occurred in 2012 are “dominated by weather extremes in the USA,” according to a report from Munich Re. The reinsurers said the U.S. “accounted for a higher...
U.S. House Skips Vote on Sandy Aid, Angering Members From Storm-Hit States
Jan 2 2013 // The U.S. House of Representatives adjourned on Tuesday night without acting on a $60.4 billion Superstorm Sandy disaster aid bill, prompting angry denunciations from members from the states hardest hit by the storm....
How ‘Fiscal Cliff’ Package Deals with Business Taxes
Jan 2 2013 // The “fiscal cliff” deal that slowly, painfully took shape in the U.S. Congress in recent days fulfills some of corporate America’s tax policy goals, but leaves others unmet, including a big one –...
Looking Back at Insurance News of 2012: The Year’s Biggest Stories
Dec 31 2012 // With less than a day left until the end of the year, here’s a look back at some of the biggest property/casualty insurance news stories in 2012 that impacted the Northeast region, in chronological order: Top Investor...
Worker’s Comp Reforms, Portable Persistency Top West’s 2012 Headlines
Dec 31 2012 // Dec. 21, 2012 came and went and the apocalypse was so lackluster as to be forgotten among the year’s myriad headlines. Now that we are all well and good, and past doomsday, here are Insurance Journal’s best...
Federal Court Grants Firm Reprieve from Contraceptive Coverage Mandate
Dec 31 2012 // A divided federal appeals court has temporarily barred the U.S. government from requiring an Illinois company to obtain insurance coverage for contraceptives, as mandated under the 2010 healthcare overhaul, after the...
AIG to Thank America for Bailout in High-Profile Ad Campaign
Dec 31 2012 // American International Group,Inc. said it will launch an advertising campaign thanking America for its support during the global financial crisis, as well as highlighting AIG’s recovery and the repayment and a...
R.I. Legislator Sentenced for Underpaying Tax for His Adjuster Firm
Dec 28 2012 // The deputy speaker of the Rhode Island House of Representatives has been sentenced to serve time in federal prison for tax fraud involving his insurance adjuster firm. Rep. John McCauley — the owner and co-operator...
